Edgewater Residences

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by MGS Development
504
Total Units
300
Sold
AED 2,275,800
Median Price
AED 2,250
Median Price /sqft
Construction progress: 48%
Start: Apr, 2024Completion: —

Edgewater Residences Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

1 Bed219550 sqft - 2,480 sqftAED 2.2M (2,790 /sqft)AED 2,780 /sqft
0.66
2 Beds1921,050 sqft - 2,620 sqftAED 3M (2,320 /sqft)AED 2,720 /sqft
-14.67
3 Beds931,370 sqft - 4,830 sqftAED 5.5M (2,600 /sqft)AED 2,790 /sqft
-6.87

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
1Apartment, 10211,141 sqft32.02 sqft Check Availability
1Apartment, 10311,080 sqft28.79 sqft Check Availability
1Apartment, 10411,679 sqft95.26 sqft Check Availability
1Apartment, 10711,870 sqft104.38 sqft Check Availability
1Apartment, 1081941 sqft27.23 sqft Check Availability
1Apartment, 1091893 sqft25.51 sqft Check Availability
2Apartment, 10112,070 sqft92.47 sqft Check Availability
2Apartment, 10211,759 sqft64.83 sqft Check Availability
2Apartment, 10312,342 sqft126.31 sqft Check Availability
2Apartment, 10511,616 sqft54.5 sqft Check Availability
2Apartment, 10611,461 sqft18.49 sqft Check Availability
3Apartment, 10113,436 sqft198.93 sqft Check Availability
3Apartment, 10512,348 sqft105.27 sqft Check Availability
1Apartment, 100210876 sqft7.41 sqft Check Availability
1Apartment, 100510840 sqft6.93 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment1,070 sqft53.26 sqft 1AED 1,655,412AED 1,547 /sqft 15, Jul 2024
1Apartment747 sqft5.88 sqft 10AED 1,656,746AED 2,218 /sqft 30, Jul 2024
1Apartment548 sqft4.74 sqft 10AED 1,212,884AED 2,213 /sqft 27, Sep 2024
2Apartment1,125 sqft5.86 sqft 10AED 2,297,536AED 2,042 /sqft 04, Jul 2024
2Apartment1,063 sqft7.72 sqft 10AED 2,154,761AED 2,027 /sqft 08, Nov 2024
3Apartment1,413 sqft11.02 sqft 10AED 2,739,490AED 1,939 /sqft 27, Aug 2024
3Apartment1,379 sqft15.22 sqft 10AED 2,666,806AED 1,934 /sqft 30, Sep 2024
1Apartment747 sqft5.9 sqft 11AED 1,664,762AED 2,229 /sqft 19, Sep 2024
1Apartment551 sqft5.07 sqft 11AED 1,380,000AED 2,505 /sqft 16, Dec 2025
2Apartment1,128 sqft6.13 sqft 11AED 2,303,501AED 2,042 /sqft 04, Sep 2024
2Apartment1,051 sqft6.53 sqft 11AED 2,138,530AED 2,035 /sqft 16, Sep 2024
3Apartment1,489 sqft18.09 sqft 11AED 2,892,634AED 1,943 /sqft 05, Aug 2024
3Apartment1,365 sqft13.99 sqft 11AED 2,652,386AED 1,943 /sqft 02, Oct 2024
2Apartment1,319 sqft32.06 sqft 12AED 3,093,093AED 2,345 /sqft 14, Sep 2026
3Apartment1,913 sqft29.31 sqft 12AED 3,617,783AED 1,891 /sqft 07, Aug 2024

Edgewater Residences Real Estate Data – FAQ

  • What is the current property supply in Edgewater Residences?

    Edgewater Residences has a total residential supply of approximately units. This represents completed and available inventory within the area.

    #LIST_BADGE#
  • How active is the real estate market in Edgewater Residences?

    Edgewater Residences recorded 69 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

    #LIST_BADGE#
  • What is the average price /sqft in Edgewater Residences?

    The median transaction price in Edgewater Residences is AED 2,550 /sqft , based on actual recorded sales transactions, not listing prices.

    #LIST_BADGE#
  • What rental yield can investors expect in Edgewater Residences?

    The gross rental yield in Edgewater Residences is approximately %, calculated using median rental income divided by median sale prices for comparable properties.

    #LIST_BADGE#
  • How much have property prices increased in Edgewater Residences?

    Property prices in Edgewater Residences have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

    #LIST_BADGE#
  • How many off-plan projects are currently in Edgewater Residences?

    There are currently 1 active off-plan projects in Edgewater Residences, reflecting strong developer activity and future supply pipeline.

    #LIST_BADGE#
  • What is the future supply pipeline in Edgewater Residences?

    The total off-plan pipeline in Edgewater Residences includes approximately 504 units, which will significantly impact future supply and pricing dynamics.

    #LIST_BADGE#
  • Is Edgewater Residences a good area for property investment?

    Edgewater Residences is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

    #LIST_BADGE#
  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

    #LIST_BADGE#
  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

    #LIST_BADGE#
  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Edgewater Residences, this is %, indicating relatively strong income performance compared to global markets.

    #LIST_BADGE#