Edgewater Residences 1, 2 and 3
The facts, verified
About the project
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 reside
Amenities
Edgewater Residences 1, 2 and 3 payment plan
| Milestone | Share | On AED 2.18M |
|---|---|---|
| On booking | 10% | AED 218K |
| During construction | 30% | AED 654K |
| Upon Handover | 60% | AED 1.31M |
Run your own numbers
Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (10%) | On booking | AED 217,874 |
| During construction (30%) | ≈ AED 27,234 equivalent per month over 24 months | AED 653,621 |
| Handover (60%) | On completion | AED 1,307,242 |
| DLD fee (4%) | On booking | AED 87,149 |
| Admin / Oqood (est.) | On booking | AED 5,250 |
Edgewater Residences 1, 2 and 3 prices and unit mix
Project documents
Dubai Islands masterplan
Edgewater Residences 1, 2 and 3 location and connectivity
Dubai Islands registered prices, against Edgewater Residences 1, 2 and 3
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MGS-Development is a visionary real estate developer with a proven track record of delivering iconic residential projects in Dubai. Their team of experienced professionals is passionate about creating homes that exceed expectations, combining innovative design, superior craftsmanship, and sustainable practices.…
Schools within reach
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi). Drive times approximate. Full school checker →
Questions investors ask about Edgewater Residences 1, 2 and 3
What is the starting price at Edgewater Residences 1, 2 and 3?
Edgewater Residences 1, 2 and 3 starts from AED 2.18M and runs to AED 22M, across 1 bedroom, 1 bedroom, 1 bedroom, 1 bedroom. Prices move with each release; the pack carries the current list.
What is the Edgewater Residences 1, 2 and 3 payment plan?
10% on booking, 30% during construction, 60% upon handover, worked in dirhams on AED 2.18M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
When is Edgewater Residences 1, 2 and 3 handover?
MGS-Development lists handover for Q4 2026, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
Where is Edgewater Residences 1, 2 and 3?
In Dubai Islands, Dubai. The Dubai Islands community guide on this site has the registered prices, rents and schools around it.
Does this qualify for the Golden Visa?
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Is the project escrow-registered?
Yes, escrow account 13038714920004. Payments release to the developer only against certified construction progress.
What are the fees on top of the price?
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.