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Asking price against DLD sales of comparable units near Edgewater Residences
Asking prices from the catalogue; sold prices from the Dubai Land Department
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See what sold nearbyDLD-registered sales in Edgewater Residences
| Date | Building | Size | Price | AED/sq ft |
|---|---|---|---|---|
| 2 Feb 2026 | Edgewater Residences | 1,063 sq ft | AED 2.25M | 2,116 |
| 24 Dec 2025 | Edgewater Residences | 548 sq ft | AED 1.28M | 2,329 |
| 17 Dec 2025 | Edgewater Residences | 551 sq ft | AED 1.38M | 2,504 |
| 15 Dec 2025 | Edgewater Residences | 548 sq ft | AED 1.4M | 2,557 |
| 12 Dec 2024 | Edgewater Residences | 1,128 sq ft | AED 2.26M | 2,004 |
| 9 Dec 2024 | Edgewater Residences | 747 sq ft | AED 1.65M | 2,207 |
| 27 Nov 2024 | Edgewater Residences | 1,365 sq ft | AED 2.8M | 2,048 |
| 25 Nov 2024 | Edgewater Residences | 1,365 sq ft | AED 2.64M | 1,934 |
DLD sales transactions · Edgewater Residences · Nov 2024 – Feb 2026
Area trend for Dubai Islands
| Dec 2025 | AED 2,642/sq ft |
|---|---|
| Jan 2026 | AED 2,698/sq ft |
| Feb 2026 | AED 2,869/sq ft |
| Mar 2026 | AED 2,783/sq ft |
| Apr 2026 | AED 3,027/sq ft |
| May 2026 | AED 3,049/sq ft |
| Jun 2026 | AED 2,932/sq ft |
| Jul 2026 | AED 2,657/sq ft |
DLD sales transactions · Dubai Islands · monthly medians · Dec 2025 – Jul 2026
Dubai Islands
| Detail | Info | |---|---| | Project | Edgewater Residences | | Developer | Mgs Development | | Location | Dubai Islands, Dubai, UAE | | Status | Under Construction — Q3 2026 | | Property Types | Studio · 1BR · 2BR Apartments · Commercial · Villa | | Amenities | Swimming Pool · Gym · Kids Play Area · 24/7 Security · Parking · Retail Outlets | | Community | Dubai Islands — Nakheel's five-island archipelago off Dubai's Deira coastline |
Edgewater Residences by Mgs Development positions its buyers at the literal and metaphorical edge of Dubai's most exciting new geographical frontier: Dubai Islands — the five-island archipelago off the Deira coastline that Nakheel has been progressively developing as the emirate's next iconic waterfront destination.
The "Edgewater" concept is architectural and philosophical simultaneously: a development positioned at the water's edge of Dubai Islands' coastline, where the boundary between built environment and open Gulf water creates the defining residential experience — the sense of living at the limit of the land, with the sea as the primary visual and sensory context. For buyers who understand that Dubai's most enduring residential value lies in geographically irreplaceable waterfront positions, Edgewater Residences' Dubai Islands location — a position that will become increasingly scarce as the archipelago's development programme advances — represents a compelling pre-completion entry into one of the emirate's most transformative new districts.
Dubai Islands (formerly known as Deira Islands during the project's earlier development phase) is Nakheel's most ambitious post-Palm Jumeirah island development — a five-island archipelago created from dredged Gulf sand, positioned off the Deira coastline and connected to the mainland by bridges and the Al Ittihad Road corridor. The five islands — named Dubai Island, Shore Island, Marina Island, Golf Island, and Central Island — collectively encompass a development programme of extraordinary ambition:
| Dubai Islands Connectivity | Approx. Distance | |---|---| | Deira / Old Dubai Corniche | 5–8 min drive | | Deira City Centre Mall | 10–12 min drive | | Bur Dubai | 10–12 min drive | | Dubai International Airport | 12–15 min drive | | DWTC / DIFC | 15–18 min drive | | Dubai Frame | 12–15 min drive | | Downtown Dubai / Burj Khalifa | 18–22 min drive | | Dubai Creek | 8–10 min drive | | Dubai Museum / Heritage District | 10–12 min drive | | Gold Souk / Spice Souk | 8–10 min drive |
Dubai International Airport's proximity — 12–15 minutes — makes Dubai Islands one of the most airport-accessible waterfront residential addresses in the emirate, a significant practical advantage for the international buyers, expatriate executives, and frequent travellers that waterfront island living in Dubai consistently attracts.
The Deira heritage district's proximity — 5–8 minutes from Dubai Islands — provides residents with access to Old Dubai's gold and spice souks, the heritage dhow wharfage, and the cultural depth of the emirate's original commercial district. This proximity to authentic Emirati heritage gives Dubai Islands a cultural context that Palm Jumeirah, Dubai Marina, and other newer waterfront communities entirely lack — a genuine historical neighbourhood as neighbour, rather than the artificial character of purpose-built luxury precincts.
Dubai Islands is at an inflection point in its development trajectory that offers investors a rare first-mover advantage. The archipelago's transformation from undeveloped land to activated waterfront destination has already begun — the Dubai Night Market, beachfront activation, and hotel construction confirm the direction — but the full realisation of the islands' residential value potential is still in progress.
This creates the classic waterfront development investment dynamic:
For Edgewater Residences buyers at Q3 2026 delivery, the acquisition occurs during the activated-but-not-yet-mature phase of Dubai Islands' development — a timing that historically produces the most favourable combinations of pre-maturity pricing and confirmed development direction.
The "Edgewater" designation within Dubai Islands' residential hierarchy signals a specific geographic positioning — units and development areas that benefit most directly from the islands' coastal setting:
| Unit Type | Profile | Price Range | |---|---|---| | 1-Bedroom | Professional / couple — core waterfront demand | Mid-range | | 2-Bedroom | Family apartment — Dubai Islands' growing residential appeal | Upper range | | Commercial Space | Ground-level — Dubai Islands' emerging retail catchment | Price on Application |
| Investment Metric | Assessment | |---|---| | Completion | Q3 2026 — off-plan capital growth horizon | | Location | Dubai Islands — Nakheel's five-island archipelago | | Waterfront | Direct island coastline positioning | | Airport Proximity | 12–15 min to DXB — exceptional aviation access | | Heritage Proximity | 8–10 min to Gold/Spice Souk and Old Dubai heritage | | Development Stage | Activated but pre-mature — first-mover appreciation potential | | Developer | Mgs Development — Dubai Islands early-stage developer |
| Amenity | Notes | |---|---| | Swimming Pool | Community leisure — in a waterfront setting | | Gym / Fitness Centre | Active lifestyle provision | | Kids Play Area | Family outdoor recreation | | 24/7 Security | Round-the-clock building security | | Parking | Allocated vehicle accommodation | | Retail Outlets | Ground-floor commercial with Dubai Islands community catchment |
The retail outlet provision within Edgewater Residences activates the building's ground level within Dubai Islands' progressively developing commercial streetscape — providing residents with on-site convenience and contributing to the community's commercial vibrancy as the broader island development matures.
Mgs Development is among the developers participating in Dubai Islands' residential programme — contributing to the archipelago's residential density and mixed-use character as the development advances toward its full activated state. The developer's Dubai Islands positioning reflects an early-stage commitment to one of Dubai's most significant coastal development zones — an early-mover positioning that the residential property industry's most successful investors consistently seek in transformative urban development contexts.
For buyers seeking waterfront island living at Dubai's pre-maturity island frontier, Edgewater Residences is the definitive Q3 2026 acquisition.
Images supplied by the developer may be renders and can differ from the finished unit. Floor plans are indicative.
Edgewater Residences by MGS Development in Dubai Islands starts from AED 1,199,000. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
Edgewater Residences offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
Edgewater Residences is scheduled for completion in Q3 2026. Construction is progressing on schedule. Buyers can track progress through regular developer updates.
Edgewater Residences by MGS Development in Dubai Islands offers strong investment potential. Dubai Islands is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
Edgewater Residences is developed by MGS Development, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
Edgewater Residences offers world-class amenities including Swimming Pool, Gym, Kids Play Area, 24/7 Security, Parking and 1 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.