3-bed · 1,752 sqftEdgewater Residences 1, Dubai Islands · 12th floor

1201, 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 1201 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 3.32M17 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Edgewater Residences 1

What is 1201 worth today?

Last sold for AED 3,319,478 in 2024

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17 Jul 2024Sold by developerOff-plan
AED 3,319,478AED 1,894 per sqft

Source: Dubai Land Department. Updated 17 July 2024.

Key facts

Type
3-bed apartment
Size
1,752 sqft
Floor
12th of 12
Parking
2
Developer
MGS Development
Last sold
AED 3.32M · July 2024

About 1201, Edgewater Residences 1

1201 is a three-bedroom apartment of 1,752 sqft on the 12th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development . The developer sold it on 17 July 2024 for AED 3,319,478, or AED 1,894 per sqft.

No rental contract for the unit is registered on Ejari.

3-beds in Edgewater Residences 1, and where 1201 sits

All 22 3-beds →
Recent 3-bed salesUnit no.Price (AED)Summary
26 Nov 20242,795,681
22 Nov 20242,640,163
22 Nov 20242,447,282
19 Nov 20242,853,559
0 3-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 12th floor

All 65 units in Edgewater Residences 1
Value
12032-bedAED 3.09M · Sep 2026
12043-bedAED 3.62M · Aug 2024

1201, Edgewater Residences 1 in numbers

  • Sold once: by MGS Development on 17 July 2024 for AED 3,319,478, or AED 1,894 per sqft.

Source: Dubai Land Department. Updated 17 July 2024.

Questions about 1201, Edgewater Residences 1

What did unit 1201 last sell for?

AED 3,319,478 on 17 July 2024, sold by the developer: AED 1,894 per sqft for 1,752 sqft. It is the only registered sale of the unit.

How big is unit 1201?

1,752 sqft (162.8 sqm): a three-bedroom apartment on the 12th floor of a 12-storey tower.

What is unit 1201 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 1201, Edgewater Residences 1

Starts from the last sale price (AED 3.32M, 17 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,319,478
Deposit, UAE resident (20%)
AED 663,896
Deposit, non-resident (40%)
AED 1,327,791
Monthly over 25 years at 3.7%
AED 13,581

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