Edgewater Residences by MGS Development
Description
Edgewater Residences 1, 2 and 3 is a large waterfront community by MGS Development on Dubai Islands, Dubai, with towers rising to ground, two podium levels and twelve floors. One, two and three bedroom apartments and penthouses start from AED 2,178,736. The latest phase offers a 10/30/10/50 plan with half payable within 24 months after handover, and handover is set for Q2 2027. A swimming pool, padel court, jogging track and yoga space round out the lifestyle offer.
Key Facts
- Developer: MGS Development
- Location: Dubai Islands, Dubai
- Starting price: From AED NaN (From AED 2,178,736)
- Payment plan: 10/30/10/50
- Handover: Q2 2027
- Unit types: 1, 2 and 3 bedroom apartments and penthouses
- Furnishing: Semi furnished
- Service charge: AED 19 per sq ft
- Ownership: Freehold, open to all nationalities
Unit Types
| Type | Size (sq ft) | Indicative price (AED) |
|---|---|---|
| 1 Bedroom | 645 – 2,481 sq ft | AED 2,178,736 – 4,669,006 |
| 2 Bedroom | 1,081 – 2,618 sq ft | AED 2,904,805 – 6,607,687 |
| 3 Bedroom | 1,533 – 4,826 sq ft | AED 3,757,769 – 22,000,000 |
Prices, sizes and availability are subject to change and confirmation by the developer.
Amenities
- Swimming Pool
- Gym
- Padel Court
- Jogging Track
- Yoga Space
- Table Tennis
- Kids Play Area
- Outdoor Walking Area
- Outdoor Resting Zone
- Rest Zone
Payment Plan
| Stage | Share |
|---|---|
| On booking | 10% |
| During construction (5% monthly) | 30% |
| On handover | 10% |
| Within 24 months after handover | 50% |
The payment plan is indicative and may change. Ask our advisors for the current schedule.
Location
Dubai Islands is a master-planned waterfront destination made up of five interconnected islands off the Deira coast. It brings together beaches, marinas, parks, promenades and leisure and golf facilities, and is linked to mainland Dubai by road. Edgewater Residences sits within Palm Deira, Dubai Islands, close to the beach and the island’s waterfront amenities.
Why Buy at Edgewater Residences
- Post-handover plan: 50% is payable within 24 months after handover (latest phase).
- Early handover: Handover is scheduled for Q2 2027.
- Wide choice of homes: One to three bedroom apartments and penthouses across a large community.
- Freehold ownership: Foreign buyers can own freehold in this designated area.
Frequently Asked Questions
Who is the developer of Edgewater Residences?
Edgewater Residences is developed by MGS Development.
What is the starting price of Edgewater Residences?
One bedroom apartments start from AED 2,178,736.
What is the Edgewater Residences payment plan?
The latest phase is 10% on booking, 30% during construction paid monthly, 10% on handover and 50% within 24 months after handover. Earlier phases have different plans, so please check availability.
When is the Edgewater Residences handover?
Handover is expected in Q2 2027.
What unit types are available?
One, two and three bedroom apartments and penthouses are available.
Are the apartments furnished?
The apartments are semi furnished.
Can foreigners buy at Dubai Islands?
Yes. Dubai Islands is a freehold area open to foreign buyers. Golden Visa eligibility is subject to the applicable criteria.
Register Your Interest
Share your details and an Osmium Properties advisor will confirm current availability, prices and the full payment plan.
To learn more about this project, please enquire with Osmium Properties. Our team will share the latest availability, payment plans and floor plans.
Address
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Address Edgewater Residences, Dubai Islands, Dubai, UAE
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Country United Arab Emirates
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Province/State Dubai
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City/Town Dubai
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Neighborhood Dubai Islands
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