Edgewater Residences Phase 3 By MGS in Dubai Islands, Dubai

MGS Development logo

MGS Development · Dubai Islands, Dubai

Handover

September 2026

Status

active
DLD construction progress5%

About this project

Edgewater Residences Phase 3 By MGS is an off-plan residential development by MGS Development in Dubai Islands, Dubai. Prices start from AED 1,945,300. The current unit mix includes 1-bedroom homes, 2-bedroom homes, 3-bedroom homes. Dubai Land Department data records construction progress at 5%. Expected handover is September 2026.

What buyers should know

Edgewater Residences Phase 3 By MGS is located in Dubai Islands, Dubai and is developed by MGS Development. Prices start from AED 1,945,300. Dubai Land Department data records construction progress at 5%.

Location

Edgewater Residences Phase 3 By MGS is in Dubai Islands, Dubai. Browse the verified project facts, available home sizes, pricing and construction status before making an enquiry.

Amenities

Landscaped GardensGymnasiumRestaurantsIndoor Swimming PoolCCTV SecurityBarbecue AreaChildren's Play Area

Payment plan

  • 10/50/40

Project brochures

Developer material with specifications, amenities and payment-plan details.

Project brochureOpen PDF in a new tab

Transactions at Edgewater Residences Phase 3 By MGS

143 sales recorded at this project in Dubai Land Department data, to Jul 2026.

View Dubai market trends
Median sale price
AED 2.24M
last 12 months
Median price / sqft
AED 2,650
9.6% vs last year
last 12 months
Transactions
71
last 12 months

Median price / sqft by year

By bedrooms · last 12 months

1 B/R

48 sales

AED 2.22M

Per sqft2,797

2 B/R

20 sales

AED 2.95M

Per sqft2,433

3 B/R

3 sales

AED 6.18M

Per sqft2,914

Recent transactions

DateTypeArea (sqft)PricePrice / sqftSale
Jun 4, 20262 B/R1,261AED 2,999,5432,379Off-plan
May 11, 20261 B/R789AED 2,235,6922,834Off-plan
Apr 28, 20261 B/R846AED 2,238,9142,646Off-plan
Apr 14, 20261 B/R787AED 2,199,6082,797Off-plan
Apr 10, 20261 B/R795AED 2,232,2552,806Off-plan
Apr 1, 20261 B/R849AED 2,234,4882,633Off-plan
Mar 30, 20261 B/R846AED 2,227,9962,633Off-plan
Mar 30, 20261 B/R789AED 2,282,5322,892Off-plan
Mar 23, 20261 B/R789AED 2,187,0912,772Off-plan
Mar 23, 20261 B/R789AED 2,232,3802,829Off-plan
Mar 23, 20261 B/R794AED 2,268,2072,856Off-plan
Mar 3, 20261 B/R784AED 2,191,4802,797Off-plan
Mar 2, 20261 B/R795AED 2,223,2572,795Off-plan
Mar 2, 20261 B/R794AED 2,221,2832,797Off-plan
Mar 2, 20261 B/R772AED 2,235,0562,895Off-plan
Mar 2, 20261 B/R786AED 2,218,0772,821Off-plan
Feb 19, 20261 B/R789AED 2,187,6882,772Off-plan
Feb 16, 20261 B/R793AED 2,218,5732,797Off-plan
Feb 11, 20261 B/R772AED 2,187,5022,834Off-plan
Feb 2, 20261 B/R730AED 2,478,9273,395Off-plan
Jan 28, 20262 B/R1,219AED 2,942,7022,415Off-plan
Jan 22, 20261 B/R849AED 2,233,8702,633Off-plan
Jan 22, 20261 B/R849AED 2,238,2802,638Off-plan
Jan 19, 20261 B/R786AED 2,235,6002,844Off-plan
Jan 5, 20261 B/R793AED 2,236,2102,819Off-plan
Dec 29, 20251 B/R795AED 2,256,9582,839Off-plan
Dec 26, 20251 B/R789AED 2,278,6322,890Off-plan
Dec 15, 20251 B/R703AED 2,833,7094,030Off-plan
Nov 17, 20252 B/R1,136AED 3,210,5402,827Off-plan
Nov 11, 20251 B/R697AED 2,835,1734,065Off-plan

Source: Dubai Land Department transaction records for this project. Figures are historical transacted prices — market context, not a valuation of any specific unit.

Price insights · Palm Deira

Median sale prices from Dubai Land Department transactions over the last 12 months, to Jul 2026.

View Dubai market trends
All residential
AED 2.80M

median sale price

Per sqftAED 2,668
Transactions5,232
Apartments
AED 2.80M

median sale price

Per sqftAED 2,668
Transactions5,232

Source: Dubai Land Department open data. Area medians are market context for Palm Deira, not a valuation of this specific project.