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Edgewater Residences 1, 2 and 3

Starting price
AED 2,178,736
Handover
Q2 2027
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Edgewater Residences 1, 2 and 3 Payment Plan

Edgewater Residences 1, 2 and 3 has 3 published payment plans. Handover is scheduled for Q2 2027.

Payment plan Phase 3Post-handover

  1. 10% On booking
  2. 30% During construction (5% monthly)
  3. 10% Upon Handover
  4. 50% Within 24 months PH
MilestonePercentage
On booking10%
During construction (5% monthly)30%
Upon Handover10%
Within 24 months PH50%
Total100%

Payment plan Phase 2

  1. 10% On booking
  2. 30% During construction
  3. 60% Upon Handover
MilestonePercentage
On booking10%
During construction
  • 10%, 1st Installment
  • 10%, 2nd Installment
  • 10%, 3rd Installment
30%
Upon Handover60%
Total100%

Payment plan Phase 1

  1. 10% On booking
  2. 50% During construction
  3. 40% Upon Handover
MilestonePercentage
On booking10%
During construction
  • 20%, 1st Installment
  • 20%, 2nd Installment
  • 10%, 3rd Installment
50%
Upon Handover40%
Total100%

Last updated 5 Oct 2026. How we collect and check data

Edgewater Residences 1, 2 and 3 Payment Plan: Frequently Asked Questions

What is the down payment for Edgewater Residences 1, 2 and 3?
The first instalment in the published plan is 10% (On booking).
Does Edgewater Residences 1, 2 and 3 have a post-handover payment plan?
No post-handover instalments are published for Edgewater Residences 1, 2 and 3; the plan completes on or before handover in Q2 2027.
How many payment plans are offered at Edgewater Residences 1, 2 and 3?
3 payment plans are published for Edgewater Residences 1, 2 and 3. Each one is listed with its milestones on this page.
When is handover at Edgewater Residences 1, 2 and 3?
Handover at Edgewater Residences 1, 2 and 3 is scheduled for Q2 2027, as published by MGS-Development.

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