Edgewater Residences 1, 2 and 3

by MGS-Development · Dubai Islands (Palm Deira), Dubai

Under ConstructionOn SaleHandover Q4 2026

Edgewater Residences 1, 2 and 3 is an off-plan development by MGS-Development in Dubai Islands (Palm Deira), Dubai. It offers apartments and penthouse from 645 sqft to 4,826 sqft, priced from AED 2,178,736. Handover is scheduled for Q4 2026. Construction status: Under Construction.

AED 2.2M – AED 22MEdgewater Residences 1, 2 and 3 price · sizes 645 sqft to 4,826 sqft · handover Q4 2026 · apartments and penthouse

Edgewater Residences 1, 2 and 3 — Key Facts

Developer
MGS-Development
Emirate
Dubai
Area
Dubai Islands (Palm Deira)
Status
Under Construction
Sale status
On Sale
Construction start
Q2 2024
Handover
Q4 2026
Construction progress
28%
Price from
AED 2,178,736
Price to
AED 22,000,000
Unit sizes
645 sqft – 4,826 sqft
Unit types
Apartments, Penthouse
Total units
185
Floors
G + 2P + 12floors
Furnishing
Semi Furnished
Service charge
19 AED/sqft
Plot area
626,474 sqft
Resale allowed after
60/40/35% paid
Escrow account
Edgewater Residences 2: 13038714920006, Edgewater Residences 1: 13038714920004, Edgewater Residences 3: 13038714920008

About Edgewater Residences 1, 2 and 3

Project general facts

Edgewater Residences 1, 2 & 3 is an exclusive waterfront development on Dubai Islands, offering a refined coastal lifestyle in one of the city's most prestigious destinations. Designed by renowned American architects AYENK, the project combines contemporary architecture with breathtaking views of the Arabian Gulf, creating a seamless balance between modern elegance and natural beauty. The development features a curated collection of premium residences thoughtfully designed with spacious layouts, abundant natural light, and expansive terraces that embrace the surrounding waterfront setting.

Residents enjoy a resort-inspired lifestyle with access to a wide range of leisure and wellness amenities, all set within the vibrant Dubai Islands community. Surrounded by luxury resorts, marinas, golf courses, and recreational facilities, Edgewater Residences provides an exceptional environment for relaxation and active living. Whether spending time by the swimming pool, enjoying landscaped outdoor spaces, or taking advantage of nearby beaches and lifestyle destinations, every aspect of the project is designed to deliver comfort, exclusivity, and convenience.

The residences are finished to an exceptional standard using premium materials throughout. Interiors feature elegant porcelain flooring, engineered stone kitchen countertops, Armani grey porcelain finishes in the bathrooms, and high-quality laminated cabinetry and wardrobes that create a sophisticated contemporary atmosphere. Kitchens are equipped with BOSCH appliances, including an oven and gas cooktop, while each residence is semi-furnished with built-in wardrobes, offering a practical and stylish foundation for modern waterfront living.

Location description and benefits

Dubai Islands is a visionary development that epitomizes the luxurious and innovative spirit of Dubai. Strategically located along the coast, this ambitious project features a collection of five man-made islands designed to offer a blend of residential, commercial, and leisure spaces. Each island is meticulously planned to provide a unique living experience, surrounded by pristine beaches, lush landscapes, and crystal-clear waters.

The islands are connected to the mainland via well-developed infrastructure, ensuring seamless access to the rest of the city. This prime location allows residents and visitors to enjoy the tranquility of island life while being just a short drive away from Dubai's bustling urban centers, including the iconic landmarks and vibrant districts such as Downtown Dubai, Dubai Marina, and Palm Jumeirah. The development includes a range of upscale amenities, including luxury hotels, gourmet dining options, high-end retail outlets, and world-class recreational facilities.

Dubai Islands is designed to cater to a diverse array of lifestyles, offering everything from serene residential communities to dynamic entertainment hubs. The project emphasizes sustainability and innovation, incorporating green building practices and advanced technologies to create a harmonious and eco-friendly environment. With its stunning natural beauty, exceptional amenities, and strategic location, Dubai Islands stands as a premier destination for those seeking an unparalleled lifestyle in one of the world's most dynamic cities.

Edgewater Residences 1, 2 and 3 Location & Map

Dubai Islands (Palm Deira), Dubai25.30072, 55.29771

Open in Google Maps

Edgewater Residences 1, 2 and 3 Video

Edgewater Residences 1, 2 and 3 Master Plan

Edgewater Residences 1, 2 and 3 Amenities & Facilities

  • Kids Play Area
  • Outdoor Walking Area
  • Yoga Space
  • ⁠Table Tennis
  • Outdoor Resting Zone
  • Gym
  • Rest Zone
  • Padel Court
  • Jogging Track
  • Swimming Pool

Edgewater Residences 1, 2 and 3 Floor Plans, Unit Sizes & Prices

1 bedroom Apartments

AED 2,178,736

Size:
645 sqft – 2,481 sqft
Price up to:
AED 4,669,006
AED / sqft:
1,479

2 bedroom Apartments

AED 2,904,805

Size:
1,081 sqft – 2,618 sqft
Price up to:
AED 6,607,687
AED / sqft:
1,295

3 bedroom Apartments

AED 3,915,754

Size:
1,533 sqft – 3,798 sqft
Price up to:
AED 7,527,361
AED / sqft:
1,471

3 bedroom Penthouse

AED 22,000,000

Size:
4,826 sqft
AED / sqft:
4,558

Edgewater Residences 1, 2 and 3 Payment Plan

Payment plan Phase 3

  1. 10%

    On booking

  2. 25%

    During construction

    • 5% — 1st Installment
    • 10% — 2nd Installment
    • 10% — 3rd Installment
  3. 65%

    Upon Handover

Total: 100%

Payment plan Phase 2

  1. 10%

    On booking

  2. 30%

    During construction

    • 10% — 1st Installment
    • 10% — 2nd Installment
    • 10% — 3rd Installment
  3. 60%

    Upon Handover

Total: 100%

Payment plan Phase 1

  1. 10%

    On booking

  2. 50%

    During construction

    • 20% — 1st Installment
    • 20% — 2nd Installment
    • 10% — 3rd Installment
  3. 40%

    Upon Handover

Total: 100%

Edgewater Residences 1, 2 and 3 Brochure & Floor Plan PDF Downloads

Edgewater Residences 1, 2 and 3 — Frequently Asked Questions

What is Edgewater Residences 1, 2 and 3?
Edgewater Residences 1, 2 and 3 is an off-plan development by MGS-Development in Dubai Islands (Palm Deira), Dubai. It offers apartments and penthouse from 645 sqft to 4,826 sqft, priced from AED 2,178,736. Handover is scheduled for Q4 2026. Construction status: Under Construction.
Where is Edgewater Residences 1, 2 and 3 located?
Edgewater Residences 1, 2 and 3 is located in Dubai Islands (Palm Deira), Dubai, United Arab Emirates (coordinates 25.30072, 55.29771). The exact position is shown on the map on this page.
What is the price of Edgewater Residences 1, 2 and 3?
Prices at Edgewater Residences 1, 2 and 3 start from AED 2,178,736 to AED 22,000,000 across 4 published unit configurations. Per-unit prices, sizes and AED per sqft are listed in the units section of this page.
Who is the developer of Edgewater Residences 1, 2 and 3?
Edgewater Residences 1, 2 and 3 is developed by MGS-Development. All other off-plan projects by MGS-Development are listed on the developer page linked from this page.
When is the handover of Edgewater Residences 1, 2 and 3?
Handover of Edgewater Residences 1, 2 and 3 is scheduled for Q4 2026, with construction starting Q2 2024. Construction is currently around 28% complete.
What is the payment plan for Edgewater Residences 1, 2 and 3?
Edgewater Residences 1, 2 and 3 has 3 published payment plans. Each milestone and its percentage is shown in the payment plan timeline on this page.
What unit types are available at Edgewater Residences 1, 2 and 3?
Edgewater Residences 1, 2 and 3 offers 1-bedroom, 2-bedroom and 3-bedroom apartments and penthouse, with sizes from 645 sqft to 4,826 sqft, across roughly 185 units.
Are floor plans available for Edgewater Residences 1, 2 and 3?
Yes. Floor plans and unit layouts for Edgewater Residences 1, 2 and 3 are shown on this page, with a downloadable floor plan PDF where the developer has released one.
How can I download the Edgewater Residences 1, 2 and 3 brochure?
The official Edgewater Residences 1, 2 and 3 brochure PDF is available from the downloads section on this page. Register your details once and the brochure opens immediately.
Is there a master plan for Edgewater Residences 1, 2 and 3?
Yes. The Edgewater Residences 1, 2 and 3 master plan drawings published by MGS-Development are shown in full on this page and can be enlarged.
What amenities does Edgewater Residences 1, 2 and 3 have?
Edgewater Residences 1, 2 and 3 includes 10 published amenities, among them kids play area, outdoor walking area, yoga space, ⁠table tennis, outdoor resting zone and gym.
What is the service charge at Edgewater Residences 1, 2 and 3?
The published service charge for Edgewater Residences 1, 2 and 3 is 19 AED/sqft. Service charges are set by the managing company and can change after handover.
Can foreigners buy property at Edgewater Residences 1, 2 and 3?
Edgewater Residences 1, 2 and 3 is an off-plan development in Dubai Islands (Palm Deira), Dubai. Freehold eligibility depends on the plot designation registered with the relevant land department, which is stated in the sale and purchase agreement issued by MGS-Development.
Is Edgewater Residences 1, 2 and 3 furnished?
Edgewater Residences 1, 2 and 3 is delivered semi furnished.

More detail on Edgewater Residences 1, 2 and 3

Other Off-Plan Projects in Dubai Islands (Palm Deira), Dubai