Unit 504, Edgewater Residences 1: what it sold for and what it is worth now

Unit 504 at Edgewater Residences 1 is a 1 bed of 551 sq ft. It last sold for AED 1,204,293 on 4 Sep 2024. At AED 2,416 per sq ft, from 4 sales of units ending 04 (same position in the tower), it is worth about AED 1,331,000 today.

Value todayAED 1,331,000AED 1,266,000 to AED 1,387,000
Last saleAED 1,204,2934 Sep 2024 · Off-plan
Change since last sale+10.5%Building trend alone: AED 1,390,961
Bedrooms1 bed
Size551 sq ft
Floor5 (from the unit number)
Position in the towerStack 04: units ending 04 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 504

DatePriceSizeAED/sq ftType
4 Sep 2024AED 1,204,293551 sq ft2,186Off-plan

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20424 Dec 2025AED 1,275,000548 sq ft2,327Off-plan
110416 Dec 2025AED 1,380,000551 sq ft2,505Off-plan
60415 Dec 2025AED 1,400,000548 sq ft2,555Off-plan
100427 Sep 2024AED 1,212,884548 sq ft2,213Off-plan
9046 Sep 2024AED 1,147,473551 sq ft2,083Off-plan
11045 Sep 2024AED 1,152,619551 sq ft2,092Off-plan
12047 Aug 2024AED 3,617,7831,913 sq ft1,891Off-plan
6045 Aug 2024AED 1,129,818548 sq ft2,062Off-plan

Latest 1 bed sales in Edgewater Residences 1

UnitDatePriceSizeAED/sq ftType
40617 Aug 2026AED 1,700,000747 sq ft2,276Off-plan
20424 Dec 2025AED 1,275,000548 sq ft2,327Off-plan
110416 Dec 2025AED 1,380,000551 sq ft2,505Off-plan
60415 Dec 2025AED 1,400,000548 sq ft2,555Off-plan
7066 Dec 2024AED 1,649,680747 sq ft2,208Off-plan
6064 Oct 2024AED 1,641,665747 sq ft2,198Off-plan
90627 Sep 2024AED 1,657,221747 sq ft2,219Off-plan
100427 Sep 2024AED 1,212,884548 sq ft2,213Off-plan

How we worked out the value

We took the 4 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,416). We multiplied it by the size of this unit (551 sq ft). The range uses the middle half of those sales (AED 2,298 to AED 2,517 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,390,961. 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 504 at Edgewater Residences 1 worth?

About AED 1,331,000 (range AED 1,266,000 to AED 1,387,000), based on AED 2,416 per sq ft from registered sales up to 14 Sep 2026.

When did unit 504 last sell?

4 Sep 2024, for AED 1,204,293 (off-plan). It has 1 registered sale.

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

Unit 503 · Unit 506