308, 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.
Property timeline for 308, Edgewater Residences 2
What is 308 worth today?
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Source: Dubai Land Department. Updated 8 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,116 sqft
- Floor
- 3rd of 12
- Parking
- 1
- Developer
- MGS Development
- Completed
- 2026
- Last sold
- AED 2.29M · November 2024
- Building
- Edgewater Residences 2
About 308, Edgewater Residences 2
308 is a two-bedroom apartment of 1,116 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 8 November 2024 for AED 2,285,551, or AED 2,047 per sqft, in line with the AED 2,031 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 308 over time
308 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 308 sits
All 44 2-beds →308 last sold in November 2024 at AED 2,047 per sqft, in line with what two-beds in Edgewater Residences 2 were fetching at the time (AED 2,031). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Oct 202613 October 2026 | 1,144 sqft | 2,393,335 | 2,092 | ||
| 7 Jul 20267 July 2026 | 1,272 sqft | 2,827,887 | 2,223 | ||
| 3 Jul 20263 July 2026 | 1,553 sqft | 3,369,115 | 2,170 | ||
| 3 Jul 20263 July 2026 | 1,550 sqft | 3,400,739 | 2,194 |
Edgewater Residences 2
Building87 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
Other units on the 3rd floor
All 87 units in Edgewater Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,235 sqft | AED 2.52MAED 2,517,045 · Dec 2024December 2024 | ||
| 302 | 1-bed | 882 sqft | AED 1.92MAED 1,920,378 · Feb 2025February 2025 | ||
| 303 | 3-bed | 1,577 sqft | AED 3.05MAED 3,049,896 · Dec 2024December 2024 | ||
| 304 | 2-bed | 1,213 sqft | AED 2.31MAED 2,309,717 · Nov 2024November 2024 | ||
| 305 | 1-bed | 841 sqft | AED 1.82MAED 1,820,741 · Oct 2025October 2025 | ||
| 306 | 2-bed | 1,550 sqft | AED 3.4MAED 3,400,739 · Jul 2026July 2026 | ||
| 307 | 2-bed | 1,272 sqft | AED 2.83MAED 2,827,887 · Jul 2026July 2026 |
308, Edgewater Residences 2 in numbers
- Sold once: by MGS Development on 8 November 2024 for AED 2,285,551, or AED 2,047 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 8 November 2024.
Questions about 308, Edgewater Residences 2
What did unit 308 last sell for?
AED 2,285,551 on 8 November 2024, sold by the developer: AED 2,047 per sqft for 1,116 sqft. It is the only registered sale of the unit.
How big is unit 308?
1,116 sqft (103.7 sqm): a two-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2026.
What is unit 308 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 308, Edgewater Residences 2
Starts from the last sale price (AED 2.29M, 8 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,285,551
- Deposit, UAE resident (20%)
- AED 457,110
- Deposit, non-resident (40%)
- AED 914,220
- Monthly over 25 years at 3.7%
- AED 9,351
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →