1-bed · 747 sqftEdgewater Residences 1, Dubai Islands · 10th floor

1006, 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 1006 · DLD and Ejari recordsUpdated 30 July 2024
Last soldAED 1.66M30 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Edgewater Residences 1

What is 1006 worth today?

Last sold for AED 1,656,746 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Jul 2024Sold by developerOff-plan
AED 1,656,746AED 2,217 per sqft

Source: Dubai Land Department. Updated 30 July 2024.

Key facts

Type
1-bed apartment
Size
747 sqft
Floor
10th of 12
Parking
1
Developer
MGS Development
Last sold
AED 1.66M · July 2024

About 1006, Edgewater Residences 1

1006 is a one-bedroom apartment of 747 sqft on the 10th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development . The developer sold it on 30 July 2024 for AED 1,656,746, or AED 2,217 per sqft, 7% above the AED 2,063 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical one-bed in Edgewater Residences 1
1.4M1.6M202420252026Typical sale price by year: 2024 AED 1,528,988; 2025 AED 1,380,000Sold by developer, July 2024: AED 1,656,746 (AED 2,217 per sqft)

1006 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Edgewater Residences 1, and where 1006 sits

All 21 1-beds →

1006 last sold in July 2024 at AED 2,217 per sqft, 7% above what one-beds in Edgewater Residences 1 were fetching at the time (AED 2,063). Over the last 12 months one-beds sold for AED 1,275,000 to 1,700,000, around AED 2,416 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Aug 20261,700,000
24 Dec 20251,275,000
16 Dec 20251,380,000
15 Dec 20251,400,000
4 1-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
10022-bedAED 2.3M · Jul 2024
10032-bedAED 2.15M · Nov 2024
10041-bedAED 1.21M · Sep 2024
10073-bedAED 2.67M · Sep 2024

1006, Edgewater Residences 1 in numbers

  • Sold once: by MGS Development on 30 July 2024 for AED 1,656,746, or AED 2,217 per sqft.
  • One-beds in Edgewater Residences 1 sold for AED 1,275,000–1,700,000 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 30 July 2024.

Questions about 1006, Edgewater Residences 1

What did unit 1006 last sell for?

AED 1,656,746 on 30 July 2024, sold by the developer: AED 2,217 per sqft for 747 sqft. It is the only registered sale of the unit.

How big is unit 1006?

747 sqft (69.4 sqm): a one-bedroom apartment on the 10th floor of a 12-storey tower.

What is unit 1006 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Edgewater Residences 1 sold for AED 1,275,000 to 1,700,000 in the last 12 months, around AED 2,416 per sqft.

Selling 1006? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1006, Edgewater Residences 1

Starts from the last sale price (AED 1.66M, 30 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,656,746
Deposit, UAE resident (20%)
AED 331,349
Deposit, non-resident (40%)
AED 662,698
Monthly over 25 years at 3.7%
AED 6,778

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