2-bed · 1,051 sqftEdgewater Residences 1, Dubai Islands · 9th floor

903, 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 903 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 2.12M26 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Edgewater Residences 1

What is 903 worth today?

Last sold for AED 2,118,406 in 2024

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26 Aug 2024Sold by developerOff-plan
AED 2,118,406AED 2,016 per sqft

Source: Dubai Land Department. Updated 26 August 2024.

Key facts

Type
2-bed apartment
Size
1,051 sqft
Floor
9th of 12
Parking
1
Developer
MGS Development
Last sold
AED 2.12M · August 2024

About 903, Edgewater Residences 1

903 is a two-bedroom apartment of 1,051 sqft on the 9th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development . The developer sold it on 26 August 2024 for AED 2,118,406, or AED 2,016 per sqft, in line with the AED 2,020 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical two-bed in Edgewater Residences 1
2.1M2.2M2.3M2024202520262027Typical sale price by year: 2024 AED 2,221,501; 2026 AED 2,292,606Sold by developer, August 2024: AED 2,118,406 (AED 2,016 per sqft)

903 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 903 sits

All 22 2-beds →

903 last sold in August 2024 at AED 2,016 per sqft, in line with what two-beds in Edgewater Residences 1 were fetching at the time (AED 2,020). 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 9th floor

All 65 units in Edgewater Residences 1
Value
9013-bedAED 2.88M · Jul 2024
9022-bedAED 2.29M · Jul 2026
9041-bedAED 1.15M · Sep 2024
9061-bedAED 1.66M · Sep 2024
9073-bedAED 2.64M · Nov 2024

903, Edgewater Residences 1 in numbers

  • Sold once: by MGS Development on 26 August 2024 for AED 2,118,406, or AED 2,016 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 26 August 2024.

Questions about 903, Edgewater Residences 1

What did unit 903 last sell for?

AED 2,118,406 on 26 August 2024, sold by the developer: AED 2,016 per sqft for 1,051 sqft. It is the only registered sale of the unit.

How big is unit 903?

1,051 sqft (97.6 sqm): a two-bedroom apartment on the 9th floor of a 12-storey tower.

What is unit 903 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 903, Edgewater Residences 1

Starts from the last sale price (AED 2.12M, 26 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,118,406
Deposit, UAE resident (20%)
AED 423,681
Deposit, non-resident (40%)
AED 847,362
Monthly over 25 years at 3.7%
AED 8,667

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