403, 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 403, Edgewater Residences 1
What is 403 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,063 sqft
- Floor
- 4th of 12
- Parking
- 1
- Developer
- MGS Development
- Last sold
- AED 2.12M · July 2024
- Building
- Edgewater Residences 1
About 403, Edgewater Residences 1
403 is a two-bedroom apartment of 1,063 sqft on the 4th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development . The developer sold it on 15 July 2024 for AED 2,124,575, or AED 1,997 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 403 over time
403 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 403 sits
All 22 2-beds →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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 1,319 sqft | 3,093,093 | 2,345 | ||
| 13 Jul 202613 July 2026 | 1,128 sqft | 2,292,606 | 2,033 | ||
| 2 Feb 20262 February 2026 | 1,063 sqft | 2,250,000 | 2,115 | ||
| 11 Dec 202411 December 2024 | 1,128 sqft | 2,259,922 | 2,004 |
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 4th floor
All 65 units in Edgewater Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,413 sqft | AED 2.7MAED 2,700,414 · Nov 2024November 2024 | ||
| 402 | 2-bed | 1,125 sqft | AED 2.26MAED 2,264,851 · Sep 2024September 2024 | ||
| 404 | 1-bed | 548 sqft | AED 1.12MAED 1,124,672 · Jul 2024July 2024 | ||
| 406 | 1-bed | 747 sqft | AED 1.7MAED 1,700,000 · Aug 2026August 2026 | ||
| 407 | 3-bed | 1,379 sqft | AED 2.63MAED 2,630,136 · Nov 2024November 2024 |
403, Edgewater Residences 1 in numbers
- Sold once: by MGS Development on 15 July 2024 for AED 2,124,575, or AED 1,997 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 15 July 2024.
Questions about 403, Edgewater Residences 1
What did unit 403 last sell for?
AED 2,124,575 on 15 July 2024, sold by the developer: AED 1,997 per sqft for 1,063 sqft. It is the only registered sale of the unit.
How big is unit 403?
1,063 sqft (98.8 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower.
What is unit 403 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 403, Edgewater Residences 1
Starts from the last sale price (AED 2.12M, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,124,575
- Deposit, UAE resident (20%)
- AED 424,915
- Deposit, non-resident (40%)
- AED 849,830
- Monthly over 25 years at 3.7%
- AED 8,692
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →