306, 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 306, Edgewater Residences 1
What is 306 worth today?
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Source: Dubai Land Department. Updated 12 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 747 sqft
- Floor
- 3rd of 12
- Parking
- 1
- Developer
- MGS Development
- Last sold
- AED 1.53M · July 2024
- Building
- Edgewater Residences 1
About 306, Edgewater Residences 1
306 is a one-bedroom apartment of 747 sqft on the 3rd floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development . The developer sold it on 12 July 2024 for AED 1,529,434, or AED 2,046 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 306 over time
306 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 306 sits
All 21 1-beds →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 3rd floor
All 65 units in Edgewater Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,489 sqft | AED 2.67MAED 2,670,103 · Nov 2024November 2024 | ||
| 302 | 2-bed | 1,128 sqft | AED 2.26MAED 2,259,922 · Dec 2024December 2024 | ||
| 303 | 2-bed | 1,051 sqft | AED 2.22MAED 2,221,501 · Nov 2024November 2024 | ||
| 304 | 1-bed | 551 sqft | AED 1.2MAED 1,198,818 · Aug 2024August 2024 | ||
| 307 | 3-bed | 1,365 sqft | AED 2.45MAED 2,447,282 · Nov 2024November 2024 |
306, Edgewater Residences 1 in numbers
- Sold once: by MGS Development on 12 July 2024 for AED 1,529,434, 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 12 July 2024.
Questions about 306, Edgewater Residences 1
What did unit 306 last sell for?
AED 1,529,434 on 12 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 306?
747 sqft (69.4 sqm): a one-bedroom apartment on the 3rd floor of a 12-storey tower.
What is unit 306 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 306, Edgewater Residences 1
Starts from the last sale price (AED 1.53M, 12 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,529,434
- Deposit, UAE resident (20%)
- AED 305,887
- Deposit, non-resident (40%)
- AED 611,774
- Monthly over 25 years at 3.7%
- AED 6,257
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →