Project
Edgewater Residences
Edgewater Residences is a 15-storey residential building under development on Dubai Islands, Deira, Dubai. An off-plan project of apartments in Dubai Islands, priced below the Dubai Islands median.
Based on only 4 sales — not representative of the market.
01 / Transactions
All Edgewater Residences transactions
02 / About
About Edgewater Residences
Edgewater Residences is a 15-storey residential building under development on Dubai Islands, Deira, Dubai.
Edgewater Residences at a glance
- Area
- Dubai Islands
- Developer
- MGS Development
- Unit layouts
- Edgewater Residences will comprise a mix of one- , two- , and three-bedroom apartments
- Architect
- The architectural consultant is Abdul Rahim Architectural Consultants
- Contractor
- The main building work is being done by Ancient Builders Construction and the foundation work is being carried out by Delta Foundations Company
- Storeys
- 15 storeys
Homes, design and facilities
The one-bedroom units range in size from 495 square feet; the two-bedrooms from 981 square foot; and the three-bedroom units from 1,213 square foot.
The building is situated two blocks back from the beach front.
- Amenities will include a gymnasium
- a kids' play area
- a relaxation area
- a swimming pool
- and terraces
Getting around
- Dubai Mall
- 25 min
- Palm Jumeirah
- 36 min
- Burj Al Arab
- 35 min
- The Walk JBR
- 40 min
Travel times are approximate driving estimates reported by the source and vary with route and traffic.
Construction and handover
The estimated handover date was Q3 2026.
- Estimated Start
- April 2024
- Estimated Completion
- Q3 2026
Nearby neighbourhoods
- Bur Dubai5.7 km
- Al Kifaf7.3 km
- La Mer8.7 km
- Culture Village9.0 km
Edgewater Residences recorded 4 market sales from 2 Feb 2026 – 14 Sept 2026, at a median price of AED 2,271,303 (AED 2,195/sqft). Edgewater Residences's median price per sqft (AED 2,195/sqft) is 23% below the Dubai Islands median (AED 2,849/sqft).
03 / Prices
Edgewater Residences prices by bedrooms
Median prices of market sales by number of bedrooms.
| Bedrooms | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
1 bedroom | 1 | 1.7M AED | 2,275 | |
2 bedrooms | 3 | 2.29M AED | 2,116 |
Market pulse / weekly
Edgewater Residences price history
Weekly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.
Median sale price · AED
Registered market sales only
View data table
| Period | Sales | Median · AED | AED / sqft |
|---|---|---|---|
| Week of 2 Feb 2026Total AED 2,250,000 | 1 | AED 2,250,000 | AED 2,116/sqft |
| Week of 13 Jul 2026Total AED 2,292,606 | 1 | AED 2,292,606 | AED 2,033/sqft |
| Week of 17 Aug 2026Total AED 1,700,000 | 1 | AED 1,700,000 | AED 2,275/sqft |
| Week of 14 Sept 2026Total AED 3,093,093 | 1 | AED 3,093,093 | AED 2,346/sqft |
04 / Nearby
Other projects in Dubai Islands
Ranked by number of market sales.
| Project | Sales | Median · AED | AED / sqft | Open |
|---|---|---|---|---|
| 627 | 3.04M AED | 3,153 | ||
| 492 | 4.04M AED | 3,453 | ||
| 282 | 3.16M AED | 2,767 | ||
| 237 | 3.26M AED | 2,810 | ||
| 106 | 3.95M AED | 3,164 | ||
| 82 | 2.4M AED | 2,304 | ||
| 67 | 2.25M AED | 2,389 | ||
| 67 | 1.68M AED | 3,239 | ||
09 | 54 | 2.48M AED | 2,810 | |
| 53 | 2.77M AED | 2,255 |
A registered project can include several buildings or phases, so these figures cover the whole project.