2-bed · 1,319 sqftEdgewater Residences 1, Dubai Islands · 12th floor

1203, Edgewater Residences 1

Sold prices and rental history: sold once, by the developer in September 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 14 September 2026
Last soldAED 3.09M14 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Edgewater Residences 1

What is 1203 worth today?

Last sold for AED 3,093,093 in 2026

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14 Sep 2026Sold by developerOff-plan
AED 3,093,093AED 2,345 per sqft

Source: Dubai Land Department. Updated 14 September 2026.

Key facts

Type
2-bed apartment
Size
1,319 sqft
Floor
12th of 12
Parking
1
Developer
MGS Development
Last sold
AED 3.09M · September 2026

About 1203, Edgewater Residences 1

1203 is a two-bedroom apartment of 1,319 sqft on the 12th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development . The developer sold it on 14 September 2026 for AED 3,093,093, or AED 2,345 per sqft, 11% above the AED 2,115 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Edgewater Residences 1
2.5M3M2024202520262027Typical sale price by year: 2024 AED 2,221,501; 2026 AED 2,292,606Sold by developer, September 2026: AED 3,093,093 (AED 2,345 per sqft)

1203 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 1203 sits

All 22 2-beds →

1203 last sold in September 2026 at AED 2,345 per sqft, 11% above what two-beds in Edgewater Residences 1 were fetching at the time (AED 2,115). 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
13 Jul 20262,292,606
2 Feb 20262,250,000
11 Dec 20242,259,922
21 Nov 20242,098,283
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 12th floor

All 65 units in Edgewater Residences 1
Value
12013-bedAED 3.32M · Jul 2024
12043-bedAED 3.62M · Aug 2024

1203, Edgewater Residences 1 in numbers

  • Sold once: by MGS Development on 14 September 2026 for AED 3,093,093, or AED 2,345 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 14 September 2026.

Questions about 1203, Edgewater Residences 1

What did unit 1203 last sell for?

AED 3,093,093 on 14 September 2026, sold by the developer: AED 2,345 per sqft for 1,319 sqft. It is the only registered sale of the unit.

How big is unit 1203?

1,319 sqft (122.5 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower.

What is unit 1203 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 1203, Edgewater Residences 1

Starts from the last sale price (AED 3.09M, 14 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 3,093,093
Deposit, UAE resident (20%)
AED 618,619
Deposit, non-resident (40%)
AED 1,237,237
Monthly over 25 years at 3.7%
AED 12,655

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