2-bed · 1,125 sqftEdgewater Residences 1, Dubai Islands · 10th floor

1002, Edgewater Residences 1

Sold prices and rental history: sold once, by the developer in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 2.3M4 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Edgewater Residences 1

What is 1002 worth today?

Last sold for AED 2,297,536 in 2024

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4 Jul 2024Sold by developerOff-plan
AED 2,297,536AED 2,042 per sqft

Source: Dubai Land Department. Updated 4 July 2024.

Key facts

Type
2-bed apartment
Size
1,125 sqft
Floor
10th of 12
Parking
1
Developer
MGS Development
Last sold
AED 2.3M · July 2024

About 1002, Edgewater Residences 1

1002 is a two-bedroom apartment of 1,125 sqft on the 10th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development . The developer sold it on 4 July 2024 for AED 2,297,536, or AED 2,042 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Edgewater Residences 1
2.25M2.3M2024202520262027Typical sale price by year: 2024 AED 2,221,501; 2026 AED 2,292,606Sold by developer, July 2024: AED 2,297,536 (AED 2,042 per sqft)

1002 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Edgewater Residences 1, and where 1002 sits

All 22 2-beds →

Over the last 12 months two-beds sold for AED 2,250,000 to 3,093,093, around AED 2,115 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Sep 20263,093,093
13 Jul 20262,292,606
2 Feb 20262,250,000
11 Dec 20242,259,922
3 2-bed sales in the last 12 months

Edgewater Residences 1

Building

65 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
Edgewater Residences 1, Dubai Islands: prices, sales and rents →

Other units on the 10th floor

All 65 units in Edgewater Residences 1
Value
10013-bedAED 2.74M · Aug 2024
10032-bedAED 2.15M · Nov 2024
10041-bedAED 1.21M · Sep 2024
10061-bedAED 1.66M · Jul 2024
10073-bedAED 2.67M · Sep 2024

1002, Edgewater Residences 1 in numbers

  • Sold once: by MGS Development on 4 July 2024 for AED 2,297,536, or AED 2,042 per sqft.
  • Two-beds in Edgewater Residences 1 sold for AED 2,250,000–3,093,093 in the 12 months to November 2026; the building's median across all types is AED 2,328 per sqft.

Source: Dubai Land Department. Updated 4 July 2024.

Questions about 1002, Edgewater Residences 1

What did unit 1002 last sell for?

AED 2,297,536 on 4 July 2024, sold by the developer: AED 2,042 per sqft for 1,125 sqft. It is the only registered sale of the unit.

How big is unit 1002?

1,125 sqft (104.5 sqm): a two-bedroom apartment on the 10th floor of a 12-storey tower.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Edgewater Residences 1 sold for AED 2,250,000 to 3,093,093 in the last 12 months, around AED 2,115 per sqft.

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Mortgage on 1002, Edgewater Residences 1

Starts from the last sale price (AED 2.3M, 4 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,297,536
Deposit, UAE resident (20%)
AED 459,507
Deposit, non-resident (40%)
AED 919,014
Monthly over 25 years at 3.7%
AED 9,400

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →