BuildingDubai Islands · MGS Development

Edgewater Residences 1

One-beds to three-beds in Dubai Islands. 7 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 14 September 2026
Typical price per sqftAED 2,3287 sales
Typical saleAED 1.7M7 sales

About Edgewater Residences 1

Edgewater Residences 1 is an off‑plan, mid‑rise apartment building on Dubai Islands, a new coastal district off the city’s historic Deira shoreline. Set close to the island beaches and waterfront promenades, the development is designed for contemporary seaside living with city connections via the Dubai Islands/Infinity Bridge to the mainland. Handover is currently targeted for the third quarter of 2026. Homes in Edgewater Residences 1 are predominantly one‑, two‑ and three‑bedroom apartments arranged over about 12 residential floors above podium levels. Floor plans typically include open living spaces, modern kitchens and private balconies, with many layouts planned to capture sea and skyline aspects. The overall spec is contemporary, with extensive glazing and a clean architectural profile consistent with recent projects on Dubai Islands. Lifestyle is oriented around beach access and outdoor leisure. Planned on‑site amenities include a residents’ swimming pool, a well‑equipped gym, landscaped areas, jogging paths and dedicated children’s play spaces, complemented by barbecue areas for casual gatherings. Practical features such as covered parking, high‑speed elevators and 24‑hour security and maintenance are part of the building’s service offering. Day‑to‑day needs can be met on and around the islands, with supermarkets, cafés and casual dining reachable within a short drive, while established retail and fresh‑food options on the Deira side of the creek add further choice. Connectivity is a key advantage. By road, the bridge link places Al Ittihad Road (E11) and central Deira within easy reach, providing onward access to key business districts. Public transport is available on the mainland; bus services and the Green Line metro at Gold Souq are the closest established options for commuters heading into the city. Nearby, residents can enjoy Dubai Island Beach, marinas and watersport venues, while long‑standing attractions such as the Waterfront Market and Deira’s shopping centres sit a short drive away. Overall, Edgewater Residences 1 combines a waterfront setting with practical access to the city’s urban core.

65 apartments over 12 floors: 21 one-beds of 548 to 1,070 sqft, 22 two-beds of 1,051 to 1,385 sqft and 22 three-beds of 1,365 to 1,913 sqft.

7 apartments sold in the 12 months to September 2026, at a median of AED 2,328 per sqft. Most of the trading is in one-beds: 4 of the 7 sales, at AED 1,275,000 to 1,700,000, which is why the typical sale sits below the price of its larger homes.

Developer
MGS Development
Floors
12
Units
65
Unit types
1-bed to 3-bed

Dubai Islands, Dubai

Average prices in Edgewater Residences 1

In Edgewater Residences 1, typical sale prices over the last 12 months were around AED 1,390,000 for one-beds and AED 2,290,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Edgewater Residences 1

2,0002,2002,400May 2026Nov 20262025-12-15: AED 2,556, 1-bed, 548 sqft2025-12-16: AED 2,504, 1-bed, 551 sqft2025-12-24: AED 2,328, 1-bed, 548 sqft2026-02-02: AED 2,115, 2-bed, 1,063 sqft2026-07-13: AED 2,033, 2-bed, 1,128 sqft2026-08-17: AED 2,275, 1-bed, 747 sqft2026-09-14: AED 2,345, 2-bed, 1,319 sqftTrend: AED 2,387 to AED 2,196

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in Edgewater Residences 1

  • Off-plan2-bed · 1,318 sqft 14 Sep 2026AED 3,093,0932,346 /sqft
  • Off-plan1-bed · 747 sqft 17 Aug 2026AED 1,700,0002,275 /sqft
  • Off-plan2-bed · 1,127 sqft 13 Jul 2026AED 2,292,6062,033 /sqft
  • Off-plan2-bed · 1,127 sqft 13 Jul 2026AED 2,292,6062,034 /sqft
  • Off-plan2-bed · 1,063 sqft 02 Feb 2026AED 2,250,0002,117 /sqft
  • Off-plan2-bed · 1,063 sqft 02 Feb 2026AED 2,250,0002,116 /sqft
  • Off-plan1-bed · 547 sqft 24 Dec 2025AED 1,275,0002,331 /sqft
  • Off-plan1-bed · 547 sqft 24 Dec 2025AED 1,275,0002,329 /sqft
  • Off-plan1-bed · 551 sqft 16 Dec 2025AED 1,380,0002,505 /sqft
  • Off-plan1-bed · 551 sqft 16 Dec 2025AED 1,380,0002,504 /sqft

Over the last 12 months, Edgewater Residences 1 has recorded 7 apartment sales. Typical homes sold for around AED 1.7M (about AED 2,328 per sqft) with a median size of 747 sqft; most were one-beds, from roughly AED 1.28M to AED 3.09M.

1–10 of 76

Units in Edgewater Residences 1

65 units
  • Unit 1041-bed · 1,070 sqftSold AED 1.66M, Jul 2024
  • Unit 2013-bed · 1,413 sqftSold AED 2.53M, Nov 2024
  • Unit 2022-bed · 1,125 sqftSold AED 2.12M, Nov 2024
  • Unit 2032-bed · 1,063 sqftSold AED 2.11M, Sep 2024
  • Unit 2041-bed · 548 sqftSold AED 1.28M, Dec 2025
  • Unit 2061-bed · 747 sqftSold AED 1.53M, Jul 2024
  • Unit 2073-bed · 1,379 sqftSold AED 2.46M, Nov 2024
  • Unit 3013-bed · 1,489 sqftSold AED 2.67M, Nov 2024
  • Unit 3022-bed · 1,128 sqftSold AED 2.26M, Dec 2024
  • Unit 3032-bed · 1,051 sqftSold AED 2.22M, Nov 2024
1–10 of 65
Every unit in Edgewater Residences 1, by number

By type: one-beds (21), two-beds (22), three-beds (22).

Nearby in Dubai Islands

All 61 →
1–5 of 60 · nearest first

Edgewater Residences 1 in numbers

  • Across 7 DLD sales in the 12 months to September 2026, the median price in Edgewater Residences 1 was AED 2,328 per sqft and the typical home sold for about AED 1.7M.
  • By MGS Development ; 12 floors of one-beds to three-beds.
  • One-beds of 548 to 1,070 sqft sold for AED 1,275,000 to 1,700,000 between December 2025 and August 2026, a median AED 2,416 per sqft.

Source: Dubai Land Department. Updated 14 September 2026.

Questions

How much does an one-bed in Edgewater Residences 1 cost?

4 one-beds sold in the 12 months to September 2026, for AED 1,275,000 to 1,700,000; the median was AED 1,390,000, or AED 2,416 per sqft.

Who built Edgewater Residences 1 and when?

MGS Development ; 12 floors; 65 apartments.

How many apartments are there in Edgewater Residences 1?

65, one-beds to three-beds. Each has its own page with its full sales and rental history.

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