Edgewater Residences 1Off-plan, due 2026AED 2,337 per sq ft ▲ 22% in a year off-plan, 6 sales
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Home › Dubai Islands › Residential towers › Edgewater Residences › Edgewater Residences 1
Developer render of three towers on podium, daytime
Developer render of three towers on podium, daytime. Render: 1newhomes.ae
Off-plan mid-range residential tower by MGS-Development, handover due in 2026, with 71 off-plan sales

Edgewater Residences 1, Dubai Islands · by MGS-Development

Too few recent sales in Edgewater Residences 1 to give a price

6 market sales in the 12 months to 19 Oct 2026; 71 sales on record since 2024. A median needs at least 5. 1 sale in this period look like bulk transfers or have a size that does not fit, and are left out.

The developer says
A waterfront development on Dubai Islands, designed by American architects AYENK, with Arabian Gulf views and a resort-inspired lifestyle for residents. As given on vidabricks.com
The market says
6 off-plan sales in 12 months at AED 2,337 per sq ft (+22% in a year); a higher price than 46% of Dubai Islands towers; 2 sales in the last 90 days; 24 homes for sale now.
James Paul Booth
The agent's view
“Edgewater Residences 1 is off-plan, due in 2026, so no owner has sold a completed home here yet. Buyers took 2 homes in the last 90 days at about AED 2,337 per sq ft. Sales are slow. Ask for a better payment plan before you sign, and compare the price with a completed tower next door.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page
Asking now, 2-bed
AED 2,550,000 (6 listings)
Asking now, 3-bed
AED 3,050,000 (18 listings)
Service charge
AED 19 per sq ft a year
65 units with a sale on record since 2024.
0sales in the last 30 days: 0 resale, 0 off-plan
24for sale now
Off-plannot built yet: every sale so far is off-plan
AIWritten by Dalia, an AI data analyst. Data to 19 Oct 2026. Built 21 Oct 2026.

Pictures of Edgewater Residences 1

Developer render of three towers on podium, daytime
Developer render of three towers on podium, daytime
Render: 1newhomes.ae
Dusk render of the three-tower complex
Dusk render of the three-tower complex
Render: mgs-development.ae
Podium entrance with EW signage at night
Podium entrance with EW signage at night
Render: 1newhomes.ae

3 pictures of this building: developer renders. Each shows its source; select one to open it there. A drawing is made by BUY DUBAI from real pictures and is marked as a drawing.

From the developer: MGS-Development

What MGS-Development publishes about Edgewater Residences 1. Pictures are the developer's artist's impressions, not photos of the building. Each fact shows where it comes from; a fact read from the developer's text is checked word for word.

Checked, not found: artist's impressions, floor plans, a video, a brochure or other PDF, facts we could check. We searched the developer site and the web on 13 Oct 2026. Ask MGS-Development for the latest brochure and floor plans.

Street view of Edgewater Residences 1

The street outside, live from Google, about 27 m from the building. Drag to look around.

Imagery: Google Street View · Open in Google Maps

Edgewater Residences 1 on the map

Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.

The map loads when you reach it.

3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.

Construction progress: not found

We found no public progress record for this tower. Ask the developer for the latest inspection report from the Land Department.

Payment plan: not found

We checked the pages we hold for this tower and found no payment plan that passed our checks. We do not guess one. Ask the developer for the current plan.

Resale and off-plan prices by bedroom

Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 19 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A median needs 5 sales or 3 listings.

TypeOff-plan: soldMedian asking
1-bedunder 5 (4)– (0)
2-bedunder 5 (2)AED 2,550,000 (6)
3-bed– (0)AED 3,050,000 (18)

Rents are asking rents, not registered contracts. Yield = asking rent divided by the median resale price, before service charge.

Sales we leave out of every median, count and chart (2 of 71 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (1); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (1). They stay in the list below with a label.

Off-plan price per sq ft rose 22% in a year

Median AED 2,337 per sq ft in the last 12 months (6 off-plan sales) against AED 1,916 in the 12 months before (17 off-plan sales).

2024-Q3: AED 2,033 per sq ft, 43 sales2,03324 Q32024-Q4: AED 1,921 per sq ft, 20 sales1,92124 Q425 Q125 Q225 Q32025-Q4: AED 2,504 per sq ft, 3 sales2,50425 Q42026-Q1: AED 2,116 per sq ft, 1 sale2,11626 Q126 Q22026-Q3: AED 2,310 per sq ft, 2 sales2,31026 Q343 sales4320 sales200 sales00 sales00 sales03 sales31 sales10 sales02 sales2Median AED per sq ftNumber of sales

Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most. Grey bars have fewer than 3 sales. Off-plan sales are 100% of all sales in this tower, so the early quarters show launch prices.

Every sale since 2024: 71 sales of 65 units

Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.

UnitTypeSq ftPriceAED per sq ftDateMarketAgainst the sale before
12032-bed1,319AED 3,093,0932,34614 Sep 2026Off-plan
4061-bed747AED 1,700,0002,27517 Aug 2026Off-plan, sold again+11% from AED 1.54m in 2024
9022-bed1,128AED 2,292,6062,03313 Jul 2026Off-plan, sold againsame price as in 2024: transfer
8032-bed1,063AED 2,250,0002,1162 Feb 2026Off-plan, sold again+5% from AED 2.14m in 2024
2041-bed548AED 1,275,0002,32924 Dec 2025Off-plan, sold again+7% from AED 1.19m in 2024
11041-bed551AED 1,380,0002,50416 Dec 2025Off-plan, sold again+20% from AED 1.15m in 2024
6041-bed548AED 1,400,0002,55715 Dec 2025Off-plan, sold again+24% from AED 1.13m in 2024
3022-bed1,128AED 2,259,9222,00411 Dec 2024Off-plan
7061-bed747AED 1,649,6802,2076 Dec 2024Off-plan
7073-bed1,365AED 2,795,6812,04826 Nov 2024Off-plan
3073-bed1,365AED 2,447,2821,79222 Nov 2024Off-plan
9073-bed1,365AED 2,640,1631,93422 Nov 2024Off-plan
5032-bed1,051AED 2,098,2831,99721 Nov 2024Off-plan
2022-bed1,125AED 2,118,7191,88421 Nov 2024Off-plan
5013-bed1,489AED 2,853,5591,91619 Nov 2024Off-plan
4013-bed1,413AED 2,700,4141,91114 Nov 2024Off-plan
2013-bed1,413AED 2,526,1461,78814 Nov 2024Off-plan
3032-bed1,051AED 2,221,5012,11414 Nov 2024Off-plan
2073-bed1,379AED 2,460,8371,78514 Nov 2024Off-plan
3013-bed1,489AED 2,670,1031,79314 Nov 2024Off-plan
4073-bed1,379AED 2,630,1361,90811 Nov 2024Off-plan
10032-bed1,063AED 2,154,7612,0268 Nov 2024Off-plan
5073-bed1,365AED 2,615,7161,9168 Nov 2024Off-plan
6073-bed1,379AED 2,642,3591,9178 Nov 2024Off-plan
8073-bed1,379AED 2,654,5831,9267 Oct 2024Off-plan
6061-bed747AED 1,641,6652,1974 Oct 2024Off-plan
11073-bed1,365AED 2,652,3861,9432 Oct 2024Off-plan
10073-bed1,379AED 2,666,8061,93430 Sep 2024Off-plan
9061-bed747AED 1,657,2212,21727 Sep 2024Off-plan
10041-bed548AED 1,212,8842,21527 Sep 2024Off-plan
11061-bed747AED 1,664,7622,22719 Sep 2024Off-plan
11032-bed1,051AED 2,138,5302,03516 Sep 2024Off-plan
2032-bed1,063AED 2,114,5131,98816 Sep 2024Off-plan
6032-bed1,063AED 2,134,6372,00713 Sep 2024Off-plan
9022-bed1,128AED 2,292,6062,03313 Sep 2024Off-plan
6013-bed1,413AED 2,713,4391,92010 Sep 2024Off-plan
4022-bed1,125AED 2,264,8512,01410 Sep 2024Off-plan
8061-bed747AED 1,649,2062,20710 Sep 2024Off-plan
5022-bed1,128AED 2,270,8172,01410 Sep 2024Off-plan
9041-bed551AED 1,147,4732,0826 Sep 2024Off-plan
8032-bed1,063AED 2,144,6992,0175 Sep 2024Off-plan
11041-bed551AED 1,152,6192,0915 Sep 2024Off-plan
7013-bed1,489AED 2,866,5841,9254 Sep 2024Off-plan
11022-bed1,128AED 2,303,5012,0434 Sep 2024Off-plan
5041-bed551AED 1,204,2932,1854 Sep 2024Off-plan
10013-bed1,413AED 2,739,4901,93927 Aug 2024Off-plan
6022-bed1,125AED 2,275,7462,02426 Aug 2024Off-plan
9032-bed1,051AED 2,118,4062,01626 Aug 2024Off-plan
8052-bed1,385AED 2,720,8621,9647 Aug 2024Off-plan
12043-bed1,913AED 3,617,7831,8917 Aug 2024Off-plan
11013-bed1,489AED 2,892,6341,9425 Aug 2024Off-plan
6041-bed548AED 1,129,8182,0635 Aug 2024Off-plan
4061-bed747AED 1,536,0762,0565 Aug 2024Off-plan
3041-bed551AED 1,198,8182,1753 Aug 2024Off-plan
7022-bed1,128AED 2,281,7112,0241 Aug 2024Off-plan
8022-bed1,125AED 2,286,6412,0331 Aug 2024Off-plan
10061-bed747AED 1,656,7462,21730 Jul 2024Off-plan
8013-bed1,413AED 2,726,4641,92927 Jul 2024Off-plan
7041-bed551AED 1,137,1812,06324 Jul 2024Off-plan
8041-bed548AED 1,134,9652,07324 Jul 2024Off-plan
12013-bed1,752AED 3,319,4781,89417 Jul 2024Off-plan
2061-bed747AED 1,528,9882,04617 Jul 2024Off-plan
7032-bed1,051AED 2,108,3442,00717 Jul 2024Off-plan
1041-bed1,070AED 1,655,4121,54715 Jul 2024Off-plan size does not fit the recorded type
4032-bed1,063AED 2,124,5751,99815 Jul 2024Off-plan
5061-bed747AED 1,543,6112,06515 Jul 2024Off-plan
4041-bed548AED 1,124,6722,05415 Jul 2024Off-plan
3061-bed747AED 1,529,4342,04612 Jul 2024Off-plan
2041-bed548AED 1,190,9862,17510 Jul 2024Off-plan
9013-bed1,489AED 2,879,6091,9344 Jul 2024Off-plan
10022-bed1,125AED 2,297,5362,0434 Jul 2024Off-plan

24 homes for sale: asking prices and days listed

24 homes are for sale in Edgewater Residences 1. The median advert has been listed for 2 days; the oldest for 5 days.

TypeFor saleMedian askingAsking per sq ftSold per sq ft (sales)Median time listed
2-bed6AED 2,550,0002,267too few sales2 days
3-bed18AED 3,050,0002,154too few sales2 days

How long the adverts have been listed

30 days or less24
31 to 90 days0
91 to 180 days0
More than 180 days0

Each home for sale, closest to sold prices first

TypeSq ftAskingPer sq ftDays listedNotes
3-bed2,186AED 4,550,0002,0810furnished
3-bed1,379AED 2,950,0002,1395
3-bed1,379AED 2,950,0002,1393
3-bed1,379AED 2,950,0002,1391
3-bed1,489AED 3,200,0002,1494
3-bed1,489AED 3,200,0002,1493
3-bed1,489AED 3,200,0002,1492
3-bed1,489AED 3,200,0002,1491
3-bed1,489AED 3,200,0002,1490
3-bed1,413AED 3,050,0002,1595
3-bed1,413AED 3,050,0002,1593
3-bed1,413AED 3,050,0002,1591
3-bed1,365AED 2,950,0002,1614
3-bed1,365AED 2,950,0002,1613
3-bed1,365AED 2,950,0002,1612
3-bed1,365AED 2,950,0002,1611
3-bed1,365AED 2,950,0002,1610
3-bed1,379AED 3,050,0002,2124
2-bed1,063AED 2,385,0002,2440
2-bed1,125AED 2,550,0002,2674
2-bed1,125AED 2,550,0002,2673
2-bed1,125AED 2,550,0002,2672
2-bed1,125AED 2,550,0002,2671
2-bed1,125AED 2,550,0002,2670

Adverts: one reading on 7 Oct 2026. Sold prices: off-plan sales in this tower in the last 12 months, 5 or more of the type. An advert has no unit number, so we compare the price per sq ft with the type, not with the same unit. An asking price is not a sale price. Days listed is from the date on the advert: an agent can place a home again as a new advert, so the real time for sale can be longer. 16 adverts have the same type, size and price as another advert: they are probably the same home with a second agent. We cannot show price cuts over time or the time to sell yet: these need more than one reading.

The official record

Checked, not found. We could not match this tower to a building name in the Dubai Land Department register, so sales before 2020, offices, shops, mortgages and gifts are not shown.

Get a message when something changes in Edgewater Residences 1
Sales, price cuts, new adverts and news, on WhatsApp. You choose what and how often.
Sales alert

Which side faces what

The direction of each landmark from Edgewater Residences 1, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.

SideWhat lies that way
NorthSea Legend One, a tower 39 m away · Beach Walk Residences 3, a tower 87 m away
North-eastBeach Walk Grand, a tower 78 m away · CDS Wave, a tower 81 m away
SouthDIFC 9.9 km · Burj Khalifa 11.6 km · Dubai Design District 12.5 km · Sheikh Zayed Road 12.5 km · Dubai Creek and Ras Al Khor 12.7 km · Meydan racecourse 15.9 km
South-westBeach Walk Grand 2, a tower 124 m away · Jumeirah beach and the sea 12.0 km · Burj Al Arab and the sea 20.9 km · Dubai Marina skyline 29.1 km
WestMeriva Collection Podium, a tower 123 m away · The Meriva Collection, a tower 123 m away · Esme Beach Residences, a tower 127 m away
North-westVilla Del Brunello, a tower 102 m away

No resident reviews: the tower is not built

Nobody lives in Edgewater Residences 1 yet, so there is nothing a resident can tell you. Reviews you see elsewhere under this name are about the sales office, the developer or another building. What we can show is below: what the developer and the documents say about the project. We add resident reviews after handover.

The project: what the developer and the documents say

The tower is not complete, so these are plans and claims, not facts you can check on site. Each one names its source.

Developer
MGS-Development
Handover due
2026
Service charge
AED 19 per sq ft a year
Unit mix
The combined Edgewater Residences 1, 2 and 3 project lists 1, 2 and 3 bedroom apartments plus one penthouse (645 to 4,826 sq ft). Our sales data for Tower 1 shows only 1 and 2 bed sales in the last 12 months.

Amenities: Swimming pool, Gym, Padel court, Jogging track, Kids play area, Yoga space, Table tennis, Outdoor walking area, Outdoor resting zone, Rest zone

Where sources disagree

  • Completion: Q4 2026 (Offplanmarket, Equity Edge, Vidabricks, project site) vs Q2 2027 (House Finder) vs Q3 2026 (another source search results).
  • Starting price for the combined project: AED 1,848,000 (Offplanmarket page) vs AED 2,980,000 (Offplanmarket search results) vs about AED 2.18M (Equity Edge, Vidabricks).
  • Payment plan: 10/30/60 (Equity Edge, House Finder), 40/60 (Vidabricks) and 10/30/10/50 within 24 months post-handover (Vidabricks table).
  • Unit count: Vidabricks lists 158 units in the 1, 2 and 3 bed rows against a stated 224 total for the combined project.
  • Bedrooms: House Finder headline says 1 and 2 beds, but its table lists 1, 2 and 3 beds and a penthouse.

Building

Floors, apartments and completion year
Offplanmarket lists the combined project as G + 2P + 12 floors. Our sales data shows unit codes up to floor 12. Apartment count for Tower 1 alone was not found; Vidabricks lists 224 units for the combined project (1, 2 and 3). Completion is given as Q4 2026 by Offplanmarket, Equity Edge, Vidabricks and the project site, Q2 2027 by House Finder, and Q3 2026 by another source.
Reported by a site · offplanmarket.ae, vidabricks.com, equityedge.ae, housefinder.ae, our sales data, web search results
Amenities list
Swimming pool, gym, padel court, jogging track, kids play area, yoga space, table tennis, outdoor walking area, outdoor resting zone and rest zone.
Reported by a site · equityedge.ae, housefinder.ae, vidabricks.com

Developer

Who is the developer?
MGS-Development, according to Offplanmarket, Equity Edge, House Finder, Vidabricks and another source.
Reported by a site · offplanmarket.ae, equityedge.ae, housefinder.ae, vidabricks.com, web search results
Finishes
Sites describe porcelain floors, engineered stone kitchen counters, Armani grey porcelain bathrooms, laminated cabinetry and built-in wardrobes, semi-furnished. This is marketing text for the combined project.
Reported by a site · housefinder.ae, vidabricks.com, offplanmarket.ae
Delivery record (on time or late)
Not found. The tower has not yet been delivered; sites give handover dates from Q3 2026 to Q2 2027, and today is October 2026 with the project still listed as under construction.
Reported by a site · offplanmarket.ae, equityedge.ae, housefinder.ae, web search results

Around

What is being built next to it?
Edgewater Residences 2 and 3 (Buildings A, B and C) are part of the same development, per search results. Offplanmarket says Dubai Islands has 74 active off-plan projects.
Reported by a site · web search results, offplanmarket.ae

Around Edgewater Residences 1

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
Edgewater Residences 1 (this tower)–2,337 (6)
Sea Legend One39 m2,300 (21)
Beach Walk Grand78 m2,445 (7)
Beach Walk Residences 387 m– (2)
Villa Del Brunello102 m4,157 (12)
Beach Walk Grand 2124 m2,573 (76)
Esme Beach Residences127 m2,499 (9)
Flora Shore164 m2,427 (40)
Edgewater Residences 3 Building B201 m2,813 (28)

Drive times with no traffic

ToTimeDistance
Dubai Mall22 min19.3 km
DIFC Gate19 min17.0 km
DXB Terminal 334 min21.2 km
Dubai Marina Mall37 min37.3 km
Mall of the Emirates30 min31.0 km
Kite Beach26 min23.7 km
DWC airport66 min69.9 km

OSRM routing on OpenStreetMap roads. Real times in traffic are longer.

Own a unit here?

Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.

Method, sources and what we did not find

  • Sales: unit-level Dubai Land Department sale records, 4 Jul 2024 to 19 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
  • Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
  • Residents and building facts: Google Maps reviews and guide pages (drivenproperties.com, equityedge.ae, housefinder.ae, offplanmarket.ae, vidabricks.com), read by an AI model on 21 Oct 2026 with a fixed question list. A script checks that each answer names its source.
  • Nobody visited the tower. Every fact is from a document, a map or a resident's review.
  • Checked, not found for this tower: a Google Maps place, resident reviews, a floor plan document, unit positions on a floor, the side and view of each unit, a licensed photo.

Corrections

Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.

Change log: 21 Oct 2026 first build of this page. No correction yet.

DaliaAIAsk Dalia

Rental data (signed rents, renewals, asking against signed): RENT DUBAI, our sister site for tenants, from Dubai Land Department Ejari leases.