2-bed · 1,213 sqftEdgewater Residences 2, Dubai Islands · 3rd floor · completed 2026

304, Edgewater Residences 2

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

Unit 304 · DLD and Ejari recordsUpdated 7 November 2024
Last soldAED 2.31M7 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Edgewater Residences 2

What is 304 worth today?

Last sold for AED 2,309,717 in 2024

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7 Nov 2024Sold by developerOff-plan
AED 2,309,717AED 1,903 per sqft

Source: Dubai Land Department. Updated 7 November 2024.

Key facts

Type
2-bed apartment
Size
1,213 sqft
Floor
3rd of 12
Parking
1
Developer
MGS Development
Completed
2026
Last sold
AED 2.31M · November 2024

About 304, Edgewater Residences 2

304 is a two-bedroom apartment of 1,213 sqft on the 3rd floor of Edgewater Residences 2, a 12-storey tower in Dubai Islands completed in 2026 by MGS Development . The developer sold it on 7 November 2024 for AED 2,309,717, or AED 1,903 per sqft, 6% below the AED 2,027 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Edgewater Residences 2
2.5M3M2024202520262027Typical sale price by year: 2024 AED 2,300,173; 2025 AED 2,737,714; 2026 AED 3,016,013Sold by developer, November 2024: AED 2,309,717 (AED 1,903 per sqft)

304 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Edgewater Residences 2, and where 304 sits

All 44 2-beds →

304 last sold in November 2024 at AED 1,903 per sqft, 6% below what two-beds in Edgewater Residences 2 were fetching at the time (AED 2,027). Over the last 12 months two-beds sold for AED 2,393,335 to 3,400,739, around AED 2,293 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Oct 20262,393,335
7 Jul 20262,827,887
3 Jul 20263,369,115
3 Jul 20263,400,739
14 2-bed sales in the last 12 months

Edgewater Residences 2

Building

87 apartments, 1-bed to 3-bed over 12 floors in Dubai Islands, completed in 2026 by MGS Development . 20 sold in the last 12 months.

Typical price per sqft
AED 2,294 Up 6.3%
Typical sale
AED 2.92M
Typical rent
Few contracts
Typical yield
Edgewater Residences 2, Dubai Islands: prices, sales and rents →

Other units on the 3rd floor

All 87 units in Edgewater Residences 2
Value
3012-bedAED 2.52M · Dec 2024
3021-bedAED 1.92M · Feb 2025
3033-bedAED 3.05M · Dec 2024
3051-bedAED 1.82M · Oct 2025
3062-bedAED 3.4M · Jul 2026
3072-bedAED 2.83M · Jul 2026
3082-bedAED 2.29M · Nov 2024

304, Edgewater Residences 2 in numbers

  • Sold once: by MGS Development on 7 November 2024 for AED 2,309,717, or AED 1,903 per sqft.
  • Two-beds in Edgewater Residences 2 sold for AED 2,393,335–3,400,739 in the 12 months to November 2026; the building's median across all types is AED 2,294 per sqft.

Source: Dubai Land Department. Updated 7 November 2024.

Questions about 304, Edgewater Residences 2

What did unit 304 last sell for?

AED 2,309,717 on 7 November 2024, sold by the developer: AED 1,903 per sqft for 1,213 sqft. It is the only registered sale of the unit.

How big is unit 304?

1,213 sqft (112.7 sqm): a two-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2026.

What is unit 304 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 2 sold for AED 2,393,335 to 3,400,739 in the last 12 months, around AED 2,293 per sqft.

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Mortgage on 304, Edgewater Residences 2

Starts from the last sale price (AED 2.31M, 7 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,309,717
Deposit, UAE resident (20%)
AED 461,943
Deposit, non-resident (40%)
AED 923,887
Monthly over 25 years at 3.7%
AED 9,450

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