Edgewater Residences 1, 2 and 3 in Dubai Islands by MGS Development
1–4 BR · 645 sqft – 4,826 sqft · handover Q1 2027 · starting from AED 2.18M
Get the brochureEdgewater Residences 1, 2 and 3 is an off-plan project by MGS Development in Dubai Islands, Dubai. MGS Development lists it as on sale, with handover published for Q1 2027. MGS Development publishes 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom units, from 645 to 4,826 sqft, starting from AED 2.18M. MGS Development publishes three payment plans for Edgewater Residences 1, 2 and 3: 40/10/50, which is 10% on booking, 30% during construction, 10% on handover and 50% after handover; 60/40, which is 10% on booking, 50% during construction and 40% on handover; 40/60, which is 10% on booking, 30% during construction and 60% on handover.
Project data as published by MGS Development
Project data
| Developer | MGS Development |
| Status | On sale |
| Handover | Q1 2027 |
| Payment plan | 40/10/50 or 60/40 or 40/60 |
| Price from | AED 2.18M (AED 2,178,736) |
| Price per sqft | AED 3,378 at entry |
| Sizes | 645 – 4,826 sqft |
Edgewater Residences 1, 2 and 3 payment plan
| Stage | Share |
|---|---|
| On booking | 10% |
| During construction (5% monthly) | 30% |
| Upon Handover | 10% |
| Within 24 months PH | 50% |
This project’s starting price is above AED 2 million. How off-plan counts for the Golden Visa →
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Edgewater Residences 1, 2 and 3 floor plans and unit sizes
| Type | Size | From |
|---|---|---|
| 1 BR Apartments | 645 – 2,481 sqft | AED 2,178,736 |
| 2 BR Apartments | 1,081 – 2,618 sqft | AED 2,904,805 |
| 3 BR Apartments | 1,533 – 3,798 sqft | AED 3,757,769 |
| 3 BR Penthouse | 4,826 sqft | AED 22,000,000 |
| 4 BR Apartments | 2,162 – 3,576 sqft | AED 5,013,215 |
MGS Development publishes these prices for Edgewater Residences 1, 2 and 3: 1 BR apartments from AED 2,178,736 (645 to 2,481 sqft); 2 BR apartments from AED 2,904,805 (1,081 to 2,618 sqft); 3 BR apartments from AED 3,757,769 (1,533 to 3,798 sqft); 3 BR penthouses from AED 22,000,000 (4,826 sqft); 4 BR apartments from AED 5,013,215 (2,162 to 3,576 sqft).
About Edgewater Residences 1, 2 and 3, as published by MGS Development
Project Overview & Description Edgewater Residences 1, 2 and 3 is an exclusive waterfront community on Dubai Islands, offering an unparalleled blend of luxury and serene coastal living. Designed by renowned American architects AYENK, this prestigious development brings modern elegance to one of Dubai’s most sought-after destinations. Set against the breathtaking backdrop of the Arabian Gulf, the project offers a lifestyle defined by sophistication, tranquility, and seamless access to world-class amenities. The residences at Edgewater Residences 1, 2 and 3 are carefully curated to elevate waterfront living to a new level. Each home is meticulously designed to maximize natural light, with open layouts and breathtaking views of the ocean, lush greenery, and Dubai’s skyline. Whether relaxing on a private terrace, unwinding by the pool, or enjoying wellness-focused facilities, every moment is crafted for ultimate comfort and refinement. The apartments are fully finished using modern, high-quality materials, creating a luxurious and refined living experience. Living rooms feature porcelain tile floors and skirting with a matte finish, white painted ceilings, and durable laminate doors and cabinet doors. Kitchens include engineered stone countertops, porcelain tiles between cabinets, and BOSCH appliances including an oven and gas stove. Bedrooms feature porcelain floors and skirting with white painted ceilings, while bathrooms are finished with Armani grey porcelain tiles, laminate HPL vanity countertops and doors, laminated MDF wardrobes, and porcelain wall and floor tiles. The residences are semi-furnished with built-in wardrobes.
Amenities at Edgewater Residences 1, 2 and 3
- Kids Play Area
- Outdoor Resting Zone
- Outdoor Walking Area
- Yoga Space
- Table Tennis
- Gym
- Rest Zone
- Padel Court
- Jogging Track
- Swimming Pool
Where Edgewater Residences 1, 2 and 3 is
Off-plan in Dubai Islands, Dubai · Open in Google Maps
| Dubai Islands Beach | 3 min |
| Deira Waterfront Market | 10 min |
| Gold Souk Deira | 12 min |
| Deira City Centre | 15 min |
| BurJuman Mall | 20 min |
| Dubai Frame | 22 min |
Edgewater Residences 1, 2 and 3: questions buyers ask
What is the payment plan for Edgewater Residences 1, 2 and 3?
MGS Development publishes three payment plans for Edgewater Residences 1, 2 and 3: 40/10/50, which is 10% on booking, 30% during construction, 10% on handover and 50% after handover; 60/40, which is 10% on booking, 50% during construction and 40% on handover; 40/60, which is 10% on booking, 30% during construction and 60% on handover.
How much is the booking amount at Edgewater Residences 1, 2 and 3?
About AED 218K: the 10% booking share on the starting price of AED 2.18M, plus the 4% DLD fee of about AED 88K. There is no commission when you buy from the developer. See off-plan fees.
Can I pay after handover at Edgewater Residences 1, 2 and 3?
Yes. 50% of the price is paid after handover, as published by MGS Development. If you sell before handover, this is how it works.
When is Edgewater Residences 1, 2 and 3 handed over?
Q1 2027, about 5 months from now, as published by MGS Development. Handover dates can move: what happens if handover is late.
What unit types and sizes are there at Edgewater Residences 1, 2 and 3?
Edgewater Residences 1, 2 and 3 lists 1 BR apartments from 645 sqft; 2 BR apartments from 1,081 sqft; 3 BR apartments from 1,533 sqft; 3 BR penthouse from 4,826 sqft; 4 BR apartments from 2,162 sqft, as published by MGS Development.
Is Edgewater Residences 1, 2 and 3 open for booking?
Yes. MGS Development lists Edgewater Residences 1, 2 and 3 as on sale. We request the current price list and availability from the developer for you. How to check a project is registered. Buying off-plan in the UAE as a foreigner.
What is the starting price of Edgewater Residences 1, 2 and 3?
AED 2,178,736 in Dubai Islands, Dubai, as published by MGS Development.
Information, not an offer; permit on request. Prices and dates as published by MGS Development.
starting from
AED 2.18M
handover Q1 2027