1-bed · 747 sqftEdgewater Residences 1, Dubai Islands · 2nd floor

206, 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 206 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 1.53M17 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Edgewater Residences 1

What is 206 worth today?

Last sold for AED 1,528,988 in 2024

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17 Jul 2024Sold by developerOff-plan
AED 1,528,988AED 2,046 per sqft

Source: Dubai Land Department. Updated 17 July 2024.

Key facts

Type
1-bed apartment
Size
747 sqft
Floor
2nd of 12
Parking
1
Developer
MGS Development
Last sold
AED 1.53M · July 2024

About 206, Edgewater Residences 1

206 is a one-bedroom apartment of 747 sqft on the 2nd 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 1,528,988, or AED 2,046 per sqft, in line with the AED 2,050 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical one-bed in Edgewater Residences 1
1.4M1.5M202420252026Typical sale price by year: 2024 AED 1,528,988; 2025 AED 1,380,000Sold by developer, July 2024: AED 1,528,988 (AED 2,046 per sqft)

206 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 206 sits

All 21 1-beds →

206 last sold in July 2024 at AED 2,046 per sqft, in line with what one-beds in Edgewater Residences 1 were fetching at the time (AED 2,050). 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 2nd floor

All 65 units in Edgewater Residences 1
Value
2013-bedAED 2.53M · Nov 2024
2022-bedAED 2.12M · Nov 2024
2032-bedAED 2.11M · Sep 2024
2041-bedAED 1.28M · Dec 2025
2073-bedAED 2.46M · Nov 2024

206, Edgewater Residences 1 in numbers

  • Sold once: by MGS Development on 17 July 2024 for AED 1,528,988, or AED 2,046 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 17 July 2024.

Questions about 206, Edgewater Residences 1

What did unit 206 last sell for?

AED 1,528,988 on 17 July 2024, sold by the developer: AED 2,046 per sqft for 747 sqft. It is the only registered sale of the unit.

How big is unit 206?

747 sqft (69.4 sqm): a one-bedroom apartment on the 2nd floor of a 12-storey tower.

What is unit 206 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.

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Mortgage on 206, Edgewater Residences 1

Starts from the last sale price (AED 1.53M, 17 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,528,988
Deposit, UAE resident (20%)
AED 305,798
Deposit, non-resident (40%)
AED 611,595
Monthly over 25 years at 3.7%
AED 6,256

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