
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.
Property timeline for 206, Edgewater Residences 1
What is 206 worth today?
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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
- Building
- Edgewater Residences 1
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
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Aug 202617 August 2026 | 747 sqft | 1,700,000 | 2,275 | ||
| 24 Dec 202524 December 2025 | 548 sqft | 1,275,000 | 2,328 | ||
| 16 Dec 202516 December 2025 | 551 sqft | 1,380,000 | 2,504 | ||
| 15 Dec 202515 December 2025 | 548 sqft | 1,400,000 | 2,556 |
Edgewater Residences 1
Building65 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
Other units on the 2nd floor
All 65 units in Edgewater Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 3-bed | 1,413 sqft | AED 2.53MAED 2,526,146 · Nov 2024November 2024 | ||
| 202 | 2-bed | 1,125 sqft | AED 2.12MAED 2,118,719 · Nov 2024November 2024 | ||
| 203 | 2-bed | 1,063 sqft | AED 2.11MAED 2,114,513 · Sep 2024September 2024 | ||
| 204 | 1-bed | 548 sqft | AED 1.28MAED 1,275,000 · Dec 2025December 2025 | ||
| 207 | 3-bed | 1,379 sqft | AED 2.46MAED 2,460,837 · Nov 2024November 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 →