1001, Edgewater Residences 1
Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Edgewater Residences 1
What is 1001 worth today?
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Source: Dubai Land Department. Updated 27 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,413 sqft
- Floor
- 10th of 12
- Parking
- 2
- Developer
- MGS Development
- Last sold
- AED 2.74M · August 2024
- Building
- Edgewater Residences 1
About 1001, Edgewater Residences 1
1001 is a three-bedroom apartment of 1,413 sqft on the 10th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development . The developer sold it on 27 August 2024 for AED 2,739,490, or AED 1,938 per sqft, in line with the AED 1,931 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
3-beds in Edgewater Residences 1, and where 1001 sits
All 22 3-beds →1001 last sold in August 2024 at AED 1,938 per sqft, in line with what three-beds in Edgewater Residences 1 were fetching at the time (AED 1,931).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Nov 202426 November 2024 | 1,365 sqft | 2,795,681 | 2,047 | ||
| 22 Nov 202422 November 2024 | 1,365 sqft | 2,640,163 | 1,933 | ||
| 22 Nov 202422 November 2024 | 1,365 sqft | 2,447,282 | 1,792 | ||
| 19 Nov 202419 November 2024 | 1,489 sqft | 2,853,559 | 1,916 |
Edgewater Residences 1
Building65 apartments, 1-bed to 3-bed over 12 floors in Dubai Islands by MGS Development . 7 sold in the last 12 months.
- Typical price per sqft
- AED 2,328
- Typical sale
- AED 1.7M
- Typical rent
- Few contracts
- Typical yield
Other units on the 10th floor
All 65 units in Edgewater Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 2-bed | 1,125 sqft | AED 2.3MAED 2,297,536 · Jul 2024July 2024 | ||
| 1003 | 2-bed | 1,063 sqft | AED 2.15MAED 2,154,761 · Nov 2024November 2024 | ||
| 1004 | 1-bed | 548 sqft | AED 1.21MAED 1,212,884 · Sep 2024September 2024 | ||
| 1006 | 1-bed | 747 sqft | AED 1.66MAED 1,656,746 · Jul 2024July 2024 | ||
| 1007 | 3-bed | 1,379 sqft | AED 2.67MAED 2,666,806 · Sep 2024September 2024 |
1001, Edgewater Residences 1 in numbers
- Sold once: by MGS Development on 27 August 2024 for AED 2,739,490, or AED 1,938 per sqft.
Source: Dubai Land Department. Updated 27 August 2024.
Questions about 1001, Edgewater Residences 1
What did unit 1001 last sell for?
AED 2,739,490 on 27 August 2024, sold by the developer: AED 1,938 per sqft for 1,413 sqft. It is the only registered sale of the unit.
How big is unit 1001?
1,413 sqft (131.3 sqm): a three-bedroom apartment on the 10th floor of a 12-storey tower.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1001, Edgewater Residences 1
Starts from the last sale price (AED 2.74M, 27 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,739,490
- Deposit, UAE resident (20%)
- AED 547,898
- Deposit, non-resident (40%)
- AED 1,095,796
- Monthly over 25 years at 3.7%
- AED 11,208
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →