Developer Deal
Edgewater Residence 3
MGS-DevelopmentBeach Residences Dubai Islands, Rixos Dubai Islands Hotel & Residences, Dubai Islands, Dubai, UAE
From
AED 2,178,736
Handover
Q4 2026
Payment Plan
35/65
Down Payment
5%
Back to Developer DealsDeveloperMGS-DevelopmentView developer profile
MGS-Development - Edgewater Residences - Apartment
Beach Residences Dubai Islands, Rixos Dubai Islands Hotel & Residences, Dubai Islands, Dubai, UAE
DLD Waiver
—
Discount
—
Handover
Q4 2026
Post Handover
—
Payment Plan
60%
40%
10% down
About MGS-Development - Edgewater Residences - Apartment
MGS-Development - Edgewater Residences - Apartment is a residential development by MGS-Development in Dubai, offering contemporary homes with practical layouts, open views and access to nearby retail and leisure destinations. The project combines modern architecture, shared amenities and a connected community setting. Residents benefit from convenient links to Dubai’s major roads, established lif…
Market Intelligence
Completed transactions in Dubai Islands
Median sale price/sqft
AED 1,934/sqft-15.6%
Median sale price
AED 3,615,392
Gross rental yield
0.8%
Median annual rent
AED 29,791
Median price/sqft over time
Jan 24Range AED 1,423 – AED 2,567Dec 24
Community activity
LiquidityStrongPrice momentumFalling
1,922 sales and 18 rentals in the last 12 months
Primary vs resale
Primary 63%Resale 37%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-31 | Zephyra Residences | 1 | 763 sqft | AED 1,585,253 | 2,079 |
| 2024-12-31 | Zephyra Residences | 1 | 763 sqft | AED 1,585,253 | 2,079 |
| 2024-12-30 | Azura Residences | 1 | 847 sqft | AED 1,669,858 | 1,971 |
| 2024-12-30 | Haven Bay | 2 | 1,252 sqft | AED 2,614,000 | 2,087 |
| 2024-12-30 | Bay Villas | 4 | 5,541 sqft | AED 10,200,000 | 1,841 |
| 2024-12-30 | Dubai Islands | — | 33,153 sqft | AED 28,500,000 | 860 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for MGS-Development - Edgewater Residences - Apartment
Our team will send you the complete payment schedule, floor plans and current offer from MGS-Development.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about MGS-Development - Edgewater Residences - Apartment
- What is the handover date for MGS-Development - Edgewater Residences - Apartment?
- MGS-Development - Edgewater Residences - Apartment is scheduled for handover in Q4 2026.
- What is the starting price of MGS-Development - Edgewater Residences - Apartment?
- Prices start from AED 2,178,736. Contact our team for current availability.
- Who is the developer of MGS-Development - Edgewater Residences - Apartment?
- MGS-Development - Edgewater Residences - Apartment is being developed by MGS-Development.
- Where is MGS-Development - Edgewater Residences - Apartment located?
- MGS-Development - Edgewater Residences - Apartment is located in Beach Residences Dubai Islands, Rixos Dubai Islands Hotel & Residences, Dubai Islands, Dubai, UAE.