2-bed · 1,385 sqftEdgewater Residences 1, Dubai Islands · 8th floor

805, Edgewater Residences 1

Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 2.72M7 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Edgewater Residences 1

What is 805 worth today?

Last sold for AED 2,720,862 in 2024

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7 Aug 2024Sold by developerOff-plan
AED 2,720,862AED 1,964 per sqft

Source: Dubai Land Department. Updated 7 August 2024.

Key facts

Type
2-bed apartment
Size
1,385 sqft
Floor
8th of 12
Parking
1
Developer
MGS Development
Last sold
AED 2.72M · August 2024

About 805, Edgewater Residences 1

805 is a two-bedroom apartment of 1,385 sqft on the 8th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development . The developer sold it on 7 August 2024 for AED 2,720,862, or AED 1,964 per sqft, in line with the AED 2,015 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical two-bed in Edgewater Residences 1
2.25M2.5M2.75M2024202520262027Typical sale price by year: 2024 AED 2,221,501; 2026 AED 2,292,606Sold by developer, August 2024: AED 2,720,862 (AED 1,964 per sqft)

805 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 805 sits

All 22 2-beds →

805 last sold in August 2024 at AED 1,964 per sqft, in line with what two-beds in Edgewater Residences 1 were fetching at the time (AED 2,015). 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
14 Sep 20263,093,093
13 Jul 20262,292,606
2 Feb 20262,250,000
11 Dec 20242,259,922
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 8th floor

All 65 units in Edgewater Residences 1
Value
8013-bedAED 2.73M · Jul 2024
8022-bedAED 2.29M · Aug 2024
8032-bedAED 2.25M · Feb 2026
8041-bedAED 1.13M · Jul 2024
8061-bedAED 1.65M · Sep 2024
8073-bedAED 2.65M · Oct 2024

805, Edgewater Residences 1 in numbers

  • Sold once: by MGS Development on 7 August 2024 for AED 2,720,862, or AED 1,964 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 7 August 2024.

Questions about 805, Edgewater Residences 1

What did unit 805 last sell for?

AED 2,720,862 on 7 August 2024, sold by the developer: AED 1,964 per sqft for 1,385 sqft. It is the only registered sale of the unit.

How big is unit 805?

1,385 sqft (128.7 sqm): a two-bedroom apartment on the 8th floor of a 12-storey tower.

What is unit 805 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 805, Edgewater Residences 1

Starts from the last sale price (AED 2.72M, 7 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,720,862
Deposit, UAE resident (20%)
AED 544,172
Deposit, non-resident (40%)
AED 1,088,345
Monthly over 25 years at 3.7%
AED 11,132

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