Edgewater Residences

MGS Development · Dubai Islands · 79 homes · Under construction

A MGS Development project under construction in Dubai Islands: 79 homes, 48% built.

Updated 27 Oct 2026
Under construction48% built, as reported to the register
79 homes1, 2 and 3 bedrooms
Dubai IslandsDubai Land Department project 2930

Prices. Quarter by quarter since launch.

Launch quarter, Q3 2024AED 2,033/sqft
Median paid, Q4 2024AED 1,926/sqft
Sales, Jul 2025 to Jun 20264
Median paidLatest quarterLaunch quarter AED 2,033
1,9002,000Q3 24: AED 2,033/sqft, 43 salesQ4 24: AED 1,926/sqft, 21 salesQ3 24Q4 24
Every quarter as a table
QuarterMedian AED/sqftSales
Q3 20242,03343
Q4 20241,92621

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs today. Launch to today.

At launchTodayHandoverNot declared48% builtunder construction

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will Edgewater Residences be completed?

The register declares no completion date yet, and the project is reported 48% built.

Who built Edgewater Residences?

MGS Development. The project is registered to MGS Development on the Dubai Land Department register, which lists 3 projects for the developer in Dubai, 3 of them under construction.

How many homes are in Edgewater Residences?

79, as counted on the Dubai Land Department register. The declared mix: 21 1 BR, 33 2 BR, 25 3 BR.

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