502, Edgewater Residences 2
Sold prices and rental history: sold once, by the developer in August 2025, 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 502, Edgewater Residences 2
What is 502 worth today?
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Source: Dubai Land Department. Updated 8 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 882 sqft
- Floor
- 5th of 12
- Parking
- 1
- Developer
- MGS Development
- Completed
- 2026
- Last sold
- AED 1.96M · August 2025
- Building
- Edgewater Residences 2
About 502, Edgewater Residences 2
502 is a one-bedroom apartment of 882 sqft on the 5th floor of Edgewater Residences 2, a 12-storey tower in Dubai Islands completed in 2026 by MGS Development . The developer sold it on 8 August 2025 for AED 1,961,158, or AED 2,223 per sqft, in line with the AED 2,199 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 502 over time
502 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Edgewater Residences 2, and where 502 sits
All 32 1-beds →502 last sold in August 2025 at AED 2,223 per sqft, in line with what one-beds in Edgewater Residences 2 were fetching at the time (AED 2,199). Over the last 12 months one-beds sold for AED 2,034,550 to 2,139,512, around AED 2,406 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jan 20262 January 2026 | 1,080 sqft | 2,058,321 | 1,905 | ||
| 12 Dec 202512 December 2025 | 846 sqft | 2,034,550 | 2,406 | ||
| 12 Dec 202512 December 2025 | 1,141 sqft | 2,139,512 | 1,874 | ||
| 14 Nov 202514 November 2025 | 840 sqft | 2,064,600 | 2,456 |
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 5th floor
All 87 units in Edgewater Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,235 sqft | AED 2.57MAED 2,572,264 · Dec 2024December 2024 | ||
| 503 | 3-bed | 1,577 sqft | AED 3.12MAED 3,117,181 · Dec 2024December 2024 | ||
| 504 | 2-bed | 1,213 sqft | AED 2.51MAED 2,511,129 · Oct 2024October 2024 | ||
| 505 | 1-bed | 841 sqft | AED 1.86MAED 1,859,387 · Oct 2024October 2024 | ||
| 507 | 2-bed | 1,272 sqft | AED 2.89MAED 2,890,639 · Mar 2026March 2026 | ||
| 508 | 2-bed | 1,116 sqft | AED 2.2MAED 2,195,359 · Nov 2024November 2024 |
502, Edgewater Residences 2 in numbers
- Sold once: by MGS Development on 8 August 2025 for AED 1,961,158, or AED 2,223 per sqft.
- One-beds in Edgewater Residences 2 sold for AED 2,034,550–2,139,512 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 August 2025.
Questions about 502, Edgewater Residences 2
What did unit 502 last sell for?
AED 1,961,158 on 8 August 2025, sold by the developer: AED 2,223 per sqft for 882 sqft. It is the only registered sale of the unit.
How big is unit 502?
882 sqft (81.9 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2026.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Edgewater Residences 2 sold for AED 2,034,550 to 2,139,512 in the last 12 months, around AED 2,406 per sqft.
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Mortgage on 502, Edgewater Residences 2
Starts from the last sale price (AED 1.96M, 8 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,961,158
- Deposit, UAE resident (20%)
- AED 392,232
- Deposit, non-resident (40%)
- AED 784,463
- Monthly over 25 years at 3.7%
- AED 8,024
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →