Unit 703, Edgewater Residences 1: what it sold for and what it is worth now

Unit 703 at Edgewater Residences 1 is a 2 bed of 1,051 sq ft. It last sold for AED 2,108,344 on 17 Jul 2024. At AED 2,035 per sq ft, from 7 sales of units ending 03 (same position in the tower), it is worth about AED 2,139,000 today.

Value todayAED 2,139,000AED 2,114,000 to AED 2,223,000
Last saleAED 2,108,34417 Jul 2024 · Off-plan
Change since last sale+1.5%Building trend alone: AED 2,435,142
Bedrooms2 bed
Size1,051 sq ft
Floor7 (from the unit number)
Position in the towerStack 03: units ending 03 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 703

DatePriceSizeAED/sq ftType
17 Jul 2024AED 2,108,3441,051 sq ft2,006Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
120314 Sep 2026AED 3,093,0931,319 sq ft2,345Off-plan
8032 Feb 2026AED 2,250,0001,063 sq ft2,117Off-plan
50321 Nov 2024AED 2,098,2831,051 sq ft1,996Off-plan
30314 Nov 2024AED 2,221,5011,051 sq ft2,114Off-plan
10038 Nov 2024AED 2,154,7611,063 sq ft2,027Off-plan
110316 Sep 2024AED 2,138,5301,051 sq ft2,035Off-plan
20316 Sep 2024AED 2,114,5131,063 sq ft1,989Off-plan
60313 Sep 2024AED 2,134,6371,063 sq ft2,008Off-plan

Latest 2 bed sales in Edgewater Residences 1

UnitDatePriceSizeAED/sq ftType
120314 Sep 2026AED 3,093,0931,319 sq ft2,345Off-plan
90213 Jul 2026AED 2,292,6061,128 sq ft2,032Off-plan
8032 Feb 2026AED 2,250,0001,063 sq ft2,117Off-plan
30211 Dec 2024AED 2,259,9221,128 sq ft2,003Off-plan
50321 Nov 2024AED 2,098,2831,051 sq ft1,996Off-plan
20221 Nov 2024AED 2,118,7191,125 sq ft1,883Off-plan
30314 Nov 2024AED 2,221,5011,051 sq ft2,114Off-plan
10038 Nov 2024AED 2,154,7611,063 sq ft2,027Off-plan

How we worked out the value

We took the 7 resale sales of units ending 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,035). We multiplied it by the size of this unit (1,051 sq ft). The range uses the middle half of those sales (AED 2,012 to AED 2,115 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,435,142. 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 703 at Edgewater Residences 1 worth?

About AED 2,139,000 (range AED 2,114,000 to AED 2,223,000), based on AED 2,035 per sq ft from registered sales up to 14 Sep 2026.

When did unit 703 last sell?

17 Jul 2024, for AED 2,108,344 (off-plan). It has 1 registered sale.

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

Unit 702 · Unit 704