Unit 1001, Edgewater Residences 1: what it sold for and what it is worth now

Unit 1001 at Edgewater Residences 1 is a 3 bed of 1,413 sq ft. It last sold for AED 2,739,490 on 27 Aug 2024. At AED 1,852 per sq ft, from 4 sales of units ending 01 (same position in the tower), it is worth about AED 2,617,000 today.

Value todayAED 2,617,000AED 2,532,000 to AED 2,702,000
Last saleAED 2,739,49027 Aug 2024 · Off-plan
Change since last sale-4.5%Building trend alone: AED 3,164,117
Bedrooms3 bed
Size1,413 sq ft
Floor10 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingEdgewater Residences 1 by MGS-Development, handed over 2026
Registered sales of this unit1

Every registered sale of unit 1001

DatePriceSizeAED/sq ftType
27 Aug 2024AED 2,739,4901,413 sq ft1,939Off-plan

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
50119 Nov 2024AED 2,853,5591,489 sq ft1,916Off-plan
40114 Nov 2024AED 2,700,4141,413 sq ft1,911Off-plan
20114 Nov 2024AED 2,526,1461,413 sq ft1,788Off-plan
30114 Nov 2024AED 2,670,1031,489 sq ft1,793Off-plan
60110 Sep 2024AED 2,713,4391,413 sq ft1,920Off-plan
7014 Sep 2024AED 2,866,5841,489 sq ft1,925Off-plan
11015 Aug 2024AED 2,892,6341,489 sq ft1,943Off-plan
80127 Jul 2024AED 2,726,4641,413 sq ft1,930Off-plan

Latest 3 bed sales in Edgewater Residences 1

UnitDatePriceSizeAED/sq ftType
70726 Nov 2024AED 2,795,6811,365 sq ft2,048Off-plan
30722 Nov 2024AED 2,447,2821,365 sq ft1,793Off-plan
90722 Nov 2024AED 2,640,1631,365 sq ft1,934Off-plan
50119 Nov 2024AED 2,853,5591,489 sq ft1,916Off-plan
40114 Nov 2024AED 2,700,4141,413 sq ft1,911Off-plan
20114 Nov 2024AED 2,526,1461,413 sq ft1,788Off-plan
20714 Nov 2024AED 2,460,8371,379 sq ft1,785Off-plan
30114 Nov 2024AED 2,670,1031,489 sq ft1,793Off-plan

How we worked out the value

We took the 4 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,852). We multiplied it by the size of this unit (1,413 sq ft). The range uses the middle half of those sales (AED 1,792 to AED 1,912 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 3,164,117. Floor, view, condition and upgrades can move the price either way. Sales data to 14 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 1001 at Edgewater Residences 1 worth?

About AED 2,617,000 (range AED 2,532,000 to AED 2,702,000), based on AED 1,852 per sq ft from registered sales up to 14 Sep 2026.

When did unit 1001 last sell?

27 Aug 2024, for AED 2,739,490 (off-plan). It has 1 registered sale.

Sales alert for Edgewater Residences 1All sales in Edgewater Residences 1

Unit 907 · Unit 1002