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Edgewater Residences by MGS DevelopmentOff-plan

Edgewater Residences, Dubai Islands

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HIGHLIGHTS

About Edgewater Residences

Edgewater Residences is one of the new projects in Dubai Islands. The 15-storey residential building by MGS Development will feature 1, 2 and 3-bedroom apartments. Units can be booked with 10% down payment. 

The project will offer various leisure amenities such as a swimming pool, kids’ play area, jogging trails and barbecue space. The development is expected to be completed in Q3 2026.

Dubai Islands are a group of man-made islands off the coast of Dubai, known for their luxury apartments, villas and townhouses. The area also offers top amenities, including cinemas, spas, fitness centres and a variety of dining options. In the last 12 months, apartments sold in Dubai Islands amounted to AED 9.2B.

In a Nutshell

  • Type of building: Residential
  • Expected date of completion: Q3 2026
  • Location: Dubai Islands
  • Developer: MGS Development
  • Unit type: 1, 2 and 3-bedroom apartments
  • Amenities: Swimming pool, kids’ play area, jogging tracks and BBQ space
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BUILDING DETAILS

Payment Plan

Edgewater Residences' Dubai Islands payment plan payment plan is as follows:

MILESTONEINSTALMENT%PAYMENT
MILESTONE
Down Payment
INSTALMENT
1
%PAYMENT
10%
MILESTONE
DLD Fee
INSTALMENT
-
%PAYMENT
4%
MILESTONE
2 Months After Booking
INSTALMENT
2
%PAYMENT
10%
MILESTONE
5 Months After Booking
INSTALMENT
3
%PAYMENT
10%
MILESTONE
11 Months After Booking
INSTALMENT
4
%PAYMENT
10%
MILESTONE
14 Months After Booking
INSTALMENT
5
%PAYMENT
20%
MILESTONE
Upon Handover
INSTALMENT
6
%PAYMENT
40%

Key Features:

  • The down payment is 10%.
  • The 4% DLD fee is to be paid at the time of signing SPA.
  • 50% of the payment is to be paid in multiple instalments after 2, 5, 11 and 14 months of booking, respectively.
  • The remaining 40% is to be paid upon handover.

Expected Completion Date

Edgewater Residences, Dubai Islands is expected to be completed in Q3 2026.

Facilities in Edgewater Residences

IN-HOUSE FACILITIES

The project will feature a range of leisure amenities including a swimming pool, kids’ play area, jogging trails and barbecue space. 
Additionally, a state-of-the-art gym in Edgewater Residences, Dubai Islands will be available.

PARKING

Residents will have access to ample covered parking in Edgewater Residences, Dubai Islands.

ELEVATORS

High-speed elevators in Edgewater Residences will provide easy access to all floors.

SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES

Edgewater Residences, Dubai Islands will provide 24-hour security, maintenance and cleaning services.

Apartment Types in Edgewater Residences

Edgewater Residences, Dubai Islands will feature 1, 2 and 3-bedroom apartments.

1-BEDROOM APARTMENTS IN EDGEWATER RESIDENCES

1-bedroom apartments in Edgewater Residences will include two bathrooms, built-in closets, an open kitchen plan, a living/dining room, a laundry station and a balcony. The covered areas of the units will range from 840 sq. ft. to 1,383 sq. ft. 

2-BEDROOM APARTMENTS IN EDGEWATER RESIDENCES

2-bedroom apartments in Edgewater Residences will include three bathrooms, built-in closets, an open kitchen plan, a living/dining room, a corridor, a laundry station and a balcony/terrace. The covered areas of the units will range from 1,123 sq. ft. to 1,616 sq. ft.

3-BEDROOM APARTMENTS IN EDGEWATER RESIDENCES

3-bedroom apartments in Edgewater Residences will have four bathrooms, built-in closets, a dressing room, a corridor, an open kitchen, a living/dining room, a laundry station and a balcony/terrace. The covered area of the units will range between 1,364 sq. ft. and 2,323 sq. ft.

MOST POPULAR APARTMENT TYPES IN Edgewater Residences

Information for apartment type is currently not available on Edgewater Residences.

Recent Sale Transactions in Edgewater Residences

AED 2,923,16717 Mar 2025
Edgewater Residences 2
2 Beds
Built-Up: 1498 sqft
AED 2,541,0963 Mar 2025
Edgewater Residences 2
2 Beds
Built-Up: 1192 sqft
AED 3,680,69026 Feb 2025
Edgewater Residences 2
3 Beds
Built-Up: 2323 sqft
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The data displayed is based on information gathered from DLD, following a thorough cleanup to exclude any outliers and exceptions. As a result, the displayed values may differ from those available on the DLD website.

Information for average price is currently not available on Edgewater Residences.

Vibrant 3BHK I Exceptional Amenities I Guaranteed High ROI
AED3,303,674
beds
3
baths
4
area
1,597 sqft
Vibrant 3BHK I Exceptional Amenities I Guaranteed High ROIEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
SEA VIEW | HUGE 1-BR| PRIME LOCATION| LUXURY
AED1,876,909
beds
1
baths
2
area
840 sqft
SEA VIEW | HUGE 1-BR| PRIME LOCATION| LUXURYEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
Luxury 1-BR Apartment | Dubai Island  & Sea View
AED2,156,984
beds
1
baths
2
area
1,098 sqft
Luxury 1-BR Apartment | Dubai Island & Sea ViewEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
Huge 1-BR Apartment | City View | Prime Location
AED1,898,768
beds
1
baths
2
area
841 sqft
Huge 1-BR Apartment | City View | Prime LocationEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
Huge 2-BR Apartment | City View | Prime Location
AED2,629,824
beds
2
baths
3
area
1,615 sqft
Huge 2-BR Apartment | City View | Prime LocationEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
Invest Smart: 1BHK I High ROI I Top-notch Amenities I City View
AED1,820,741
beds
1
baths
2
area
841 sqft
Invest Smart: 1BHK I High ROI I Top-notch Amenities I City ViewEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
Unlock High Returns: 2BHK I  Investment Deal I Mall and Community View
AED2,570,806
beds
2
baths
3
area
1,272 sqft
Unlock High Returns: 2BHK I Investment Deal I Mall and Community ViewEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
Premium 3BHK I Investor's Dream I Prime Location
AED3,303,674
beds
3
baths
3
area
1,597 sqft
Premium 3BHK I Investor's Dream I Prime LocationEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
Investment Opportunity I Modern 1BHK I City View
AED1,849,591
beds
1
baths
2
area
846 sqft
Investment Opportunity I Modern 1BHK I City ViewEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
Breathtaking Views I Spacious 1BHK I High ROI and Top Amenities
AED1,820,741
beds
1
baths
2
area
841 sqft
Breathtaking Views I Spacious 1BHK I High ROI and Top AmenitiesEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
Exceptional 1BHK I  High ROI Potential I Top-tier Amenities
AED1,871,201
beds
1
baths
2
area
1,080 sqft
Exceptional 1BHK I High ROI Potential I Top-tier AmenitiesEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
Luxurious 2BHK  I Unparalleled Amenities I Investor Deal I Sea View
AED2,628,620
beds
2
baths
3
area
1,236 sqft
Luxurious 2BHK I Unparalleled Amenities I Investor Deal I Sea ViewEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
Elite 3BHK I High ROI Awaits I Unmatched Amenities
AED3,303,674
beds
3
baths
4
area
1,597 sqft
Elite 3BHK I High ROI Awaits I Unmatched AmenitiesEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
High Returns I Stunning 1BHK I Ideal for Savvy Investors I City View
AED1,849,591
beds
1
baths
2
area
846 sqft
High Returns I Stunning 1BHK I Ideal for Savvy Investors I City ViewEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
Elegant 2BHK I Premium Amenities I Mall and Community View
AED2,570,806
beds
2
baths
3
area
1,272 sqft
Elegant 2BHK I Premium Amenities I Mall and Community ViewEdgewater Residences 2, Edgewater Residences, Dubai Islands, Dubai, UAEHandoverQ3 2026Payment Plan5/60
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NEARBY AMENITIES

Transportation near Edgewater Residences

Edgewater Residences, Dubai Islands is a 15-minute drive from Al Ittehad Road (E11), offering convenient access to the rest of Dubai. Those relying on Dubai’s public transportation can find taxis, buses and metro.

BUS STATIONS NEAR EDGEWATER RESIDENCES

Gold Souq 7 bus stop, an 11-minute drive from Edgewater Residences, is the nearest option. It is serviced by bus 64.

METRO STATIONS NEAR EDGEWATER RESIDENCES

Gold Souq Metro Station, on the Green Line of Dubai Metro, is a 12-minute drive from the building.

Restaurants near Edgewater Residences

Restaurants near Edgewater Residences Dubai Islands are: 

  • Tasty KSD Restaurant
  • Boat Seafood Restaurant
  • Haimaan Mandi And Bukhari Restaurant

The above-mentioned eateries are within a 13-minute drive from the building and serve seafood, Middle Eastern and Indian dishes.

Supermarkets near Edgewater Residences

Supermarkets near Edgewater Residences, Dubai Islands are:

  • Aswaaq
  • Al Maya Supermarket
  • Talal Supermarkets

These marts are within a 12-minute drive from the building.

Nearby Attractions

  • Dubai Island Beach
  • Waterfront Market
  • Reef Mall

DUBAI ISLAND BEACH

Located at a 2-minute drive from the building, Dubai Island Beach is known for its pristine waters and peaceful vibe. It’s a great spot for swimming, lounging or enjoying a leisurely walk along the shore.

WATERFRONT MARKET

Waterfront Market, at a 12-minute drive from Edgewater Residences, is a vibrant destination known for its fresh seafood and local produce. Set along the scenic waterfront, it provides a lively atmosphere where visitors can shop, dine and enjoy creek views.

REEF MALL

Reef Mall, located at a 16-minute drive from the building, is a vibrant shopping destination. The mall offers a mix of international and local brands along with dining options and entertainment facilities. It is a popular spot for families and shoppers looking for a fun and convenient experience.

Reef Mall near Edgewater Residences, Dubai Islands
Experience the best of retail at Reef Mall.

FAQs

WHAT ARE THE APARTMENT TYPES IN EDGEWATER RESIDENCES?

Edgewater Residences, Dubai Islands will feature 1, 2 and 3-bedroom apartments.

WHEN IS EDGEWATER RESIDENCES EXPECTED TO BE COMPLETED?

Edgewater Residences, Dubai Islands is expected to be completed in Q3 2026.

ARE THERE ANY SCHOOLS AVAILABLE NEAR EDGEWATER RESIDENCES?

Yes, Sabari Indian School (SIS) which is an Indian curricular school is at an 11-minute drive from Edgewater Residences, Dubai Islands.

Featured image credit: MGS Development

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