Edgewater Residences 2Off-plan, due 2026AED 2,295 per sq ft off-plan, 22 sales
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Home › Dubai Islands › Residential towers › Edgewater Residences › Edgewater Residences 2
Three towers on podium at dusk
Three towers on podium at dusk. Render: keltandcorealty.com
Off-plan mid-range residential tower by MGS Development, handover due in 2026, with 15 floors, 97 units and 88 off-plan sales on the Land Department record

Edgewater Residences 2, Dubai Islands · by MGS Development

An off-plan 2-bed in Edgewater Residences 2 sells for about AED 3.02m

Median of 14 off-plan sales in the 12 months to 20 Oct 2026, from Land Department records. Last sale in the tower: 13 Oct 2026.

The developer says
A waterfront project on Dubai Islands, designed by American architects AYENK, combines contemporary architecture with views of the Arabian Gulf. As given on takweenaldar.ae
The market says
22 off-plan sales in the 12 months to 20 Oct 2026 at AED 2,295 per sq ft.
James Paul Booth
The agent's view
“Edgewater Residences 2 is off-plan, due in 2026, so no owner has sold a completed home here yet. Buyers took 22 homes here in the 12 months to 20 Oct 2026, at about AED 2,295 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
Size
15 floors · 97 units
Service charge
AED 19 per sq ft a year
85 units with a sale on record since 2024.
22sales in the 12 months to 20 Oct 2026: 22 off-plan
0for 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 2

Three towers on podium at dusk
Three towers on podium at dusk
Render: keltandcorealty.com
Three towers on podium, front view
Three towers on podium, front view
Render: 1newhomes.ae
Pool deck beneath curved white balconies
Pool deck beneath curved white balconies
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 2. 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 12 Oct 2026. Ask MGS Development for the latest brochure and floor plans.

Street view of Edgewater Residences 2

The street outside, live from Google, about 40 m from the building. Drag to look around.

Imagery: Google Street View · Open in Google Maps

Edgewater Residences 2 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 20 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A sold median needs 10 sales, an advert median 3 adverts.

TypeOff-plan: soldOff-plan: per sq ft
2-bedAED 3,016,013 (14)2,294

Sold prices: Land Department sale records to 20 Oct 2026, BUY DUBAI facts cube. Asking and rent are adverts, not contracts.

Sales we leave out of every median, count and chart (1 of 86 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 (0). They stay in the list below with a label.

Too few off-plan sales to state a yearly change

Median AED 2,295 per sq ft in the 12 months to 20 Oct 2026 (22 off-plan sales). A yearly change needs at least 30 sales in each of the two 12-month periods.

2024-Q4: AED 2,035 per sq ft, 42 sales2,03524 Q42025-Q1: AED 2,188 per sq ft, 14 sales2,18825 Q125 Q225 Q32025-Q4: AED 2,364 per sq ft, 11 sales2,36425 Q442 sales4214 sales140 sales00 sales011 sales11Median 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; Land Department records, quarters with 10 or more sales. Off-plan sales are 100% of sales in the last 12 months, so the bars can mix launch and resale prices.

Every sale since 2024: 86 sales of 85 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
6042-bed1,144AED 2,393,3352,09213 Oct 2026Off-plan, sold againsame price as in 2024: transfer
3072-bed1,272AED 2,827,8872,2237 Jul 2026Off-plan
2072-bed1,553AED 3,369,1152,1703 Jul 2026Off-plan
3062-bed1,550AED 3,400,7392,1943 Jul 2026Off-plan
7072-bed1,272AED 2,952,4392,32117 Jun 2026Off-plan
1052-bed1,616AED 2,892,8061,79127 Mar 2026Off-plan
8062-bed1,376AED 3,188,9402,31724 Mar 2026Off-plan
9072-bed1,272AED 3,014,7142,37023 Mar 2026Off-plan
5072-bed1,272AED 2,890,6392,2726 Mar 2026Off-plan
11072-bed1,271AED 3,017,3122,3753 Mar 2026Off-plan
12063-bed1,597AED 3,634,0412,27517 Feb 2026Off-plan
6012-bed1,310AED 3,032,4132,3152 Feb 2026Off-plan
4062-bed1,376AED 3,054,3962,2198 Jan 2026Off-plan
1031-bed1,080AED 2,058,3211,9062 Jan 2026Off-plan
8012-bed1,310AED 3,097,3162,36418 Dec 2025Off-plan
10072-bed1,191AED 2,853,3102,39512 Dec 2025Off-plan
4051-bed846AED 2,034,5502,40612 Dec 2025Off-plan
1021-bed1,141AED 2,139,5121,87412 Dec 2025Off-plan
7051-bed841AED 2,088,6452,48214 Nov 2025Off-plan
6051-bed840AED 2,064,6002,45714 Nov 2025Off-plan
8051-bed846AED 2,120,2942,50828 Oct 2025Off-plan
6021-bed876AED 1,968,0042,24621 Oct 2025Off-plan
2021-bed876AED 1,887,0012,1547 Oct 2025Off-plan
3051-bed841AED 1,820,7412,1647 Oct 2025Off-plan
7021-bed882AED 2,001,9382,2697 Oct 2025Off-plan
11051-bed846AED 1,986,9172,34919 Sep 2025Off-plan
8021-bed876AED 2,008,5052,29216 Sep 2025Off-plan
10012-bed1,311AED 2,874,7742,19313 Aug 2025Off-plan
5021-bed882AED 1,961,1582,2238 Aug 2025Off-plan
10051-bed840AED 1,954,3432,3266 Aug 2025Off-plan
7012-bed1,236AED 2,628,6202,12624 Jul 2025Off-plan
12041-bed1,098AED 2,156,9841,96413 Jul 2025Off-plan
12032-bed1,498AED 2,923,1671,95117 Mar 2025Off-plan
8072-bed1,192AED 2,541,0962,1333 Mar 2025Off-plan
12053-bed2,323AED 3,680,6901,58426 Feb 2025Off-plan
10021-bed876AED 2,049,0072,33925 Feb 2025Off-plan
11021-bed882AED 2,083,4982,36223 Feb 2025Off-plan
9021-bed882AED 2,042,7182,31519 Feb 2025Off-plan
12011-bed999AED 2,071,4152,07313 Feb 2025Off-plan
4021-bed876AED 1,927,5022,20010 Feb 2025Off-plan
9051-bed841AED 1,937,6632,3036 Feb 2025Off-plan
3021-bed882AED 1,920,3782,1776 Feb 2025Off-plan
4072-bed1,191AED 2,434,1372,04428 Jan 2025Off-plan
12071-bed725AED 1,707,2722,35520 Jan 2025Off-plan
11012-bed1,236AED 2,737,7142,2166 Jan 2025Off-plan
9012-bed1,235AED 2,681,2992,1716 Jan 2025Off-plan
8033-bed1,654AED 3,375,0422,04119 Dec 2024Off-plan
3012-bed1,235AED 2,517,0452,03716 Dec 2024Off-plan
11082-bed1,117AED 2,485,2742,22613 Dec 2024Off-plan
2031-bed770AED 1,657,2692,15411 Dec 2024Off-plan
9033-bed1,577AED 3,252,1772,06211 Dec 2024Off-plan
5012-bed1,235AED 2,572,2642,0826 Dec 2024Off-plan
5033-bed1,577AED 3,117,1811,9776 Dec 2024Off-plan
3033-bed1,577AED 3,049,8961,9346 Dec 2024Off-plan
6072-bed1,191AED 2,487,3882,0886 Dec 2024Off-plan
11033-bed1,576AED 3,318,3282,10528 Nov 2024Off-plan
4033-bed1,654AED 3,233,6921,95519 Nov 2024Off-plan
7033-bed1,577AED 3,184,6792,0198 Nov 2024Off-plan
7042-bed1,213AED 2,565,5962,1148 Nov 2024Off-plan
3082-bed1,116AED 2,285,5512,0488 Nov 2024Off-plan
3042-bed1,213AED 2,309,7171,9047 Nov 2024Off-plan
4042-bed1,144AED 2,201,8681,9257 Nov 2024Off-plan
2041-bed865AED 1,534,4471,7737 Nov 2024Off-plan
9042-bed1,213AED 2,619,6092,1597 Nov 2024Off-plan
1081-bed941AED 1,668,7461,7747 Nov 2024Off-plan
7082-bed1,082AED 2,173,5212,0087 Nov 2024Off-plan
2052-bed1,144AED 2,290,6292,0037 Nov 2024Off-plan
10033-bed1,652AED 3,441,1152,0847 Nov 2024Off-plan
10082-bed1,082AED 2,241,8992,0717 Nov 2024Off-plan
8082-bed1,082AED 2,196,6082,0297 Nov 2024Off-plan
5082-bed1,116AED 2,195,3591,9677 Nov 2024Off-plan
2082-bed1,191AED 2,238,2491,8797 Nov 2024Off-plan
4082-bed1,082AED 2,105,5781,9467 Nov 2024Off-plan
6082-bed1,082AED 2,150,8801,9887 Nov 2024Off-plan
9082-bed1,116AED 2,287,8962,0507 Nov 2024Off-plan
11042-bed1,214AED 2,467,4952,0337 Nov 2024Off-plan
6033-bed1,654AED 3,106,2101,8787 Nov 2024Off-plan
5042-bed1,213AED 2,511,1292,07031 Oct 2024Off-plan
2061-bed838AED 1,794,5952,14131 Oct 2024Off-plan
1091-bed893AED 1,587,7681,77830 Oct 2024Off-plan
2092-bed1,082AED 2,191,8062,02525 Oct 2024Off-plan
6042-bed1,144AED 2,393,3352,09218 Oct 2024Off-plan
8042-bed1,144AED 2,443,5732,13718 Oct 2024Off-plan
5051-bed841AED 1,859,3872,21011 Oct 2024Off-plan
12021-bed809AED 1,929,6322,3857 Oct 2024Off-plan
10042-bed1,143AED 2,492,8452,1817 Oct 2024Off-plan

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 2
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 2, 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
North-eastVilla del Divos, a tower 103 m away
EastMarea Residences, a tower 139 m away
SouthDIFC 10.1 km · Burj Khalifa 11.8 km · Dubai Design District 12.6 km · Sheikh Zayed Road 12.7 km · Dubai Creek and Ras Al Khor 12.8 km · Meydan racecourse 16.1 km
South-westFlora Shore, a tower 96 m away · Jumeirah beach and the sea 12.2 km · Burj Al Arab and the sea 21.1 km · Dubai Marina skyline 29.3 km
WestEdgewater Residences 3 Building A, a tower 125 m away · Edgewater Residences 3 Building B, a tower 125 m away · Edgewater Residences 3 Building C, a tower 125 m away
North-westSoyo By Zimaya, a tower 37 m away

No resident reviews: the tower is not built

Nobody lives in Edgewater Residences 2 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
Floors
15
Apartments
97
Service charge
AED 19 per sq ft a year
Unit mix
1, 2 and 3 bedroom apartments (about 495 to 1,533 sq ft per the Projectory guide). Our sales data shows 1-bed (7 sold in the last 12 months), 2-bed (13) and 3-bed (1).

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

Where sources disagree

  • Units: Continental Club and Disruptive Real Estate say 97 units, while Takween Aldar says 237 units across 3 buildings and Continental Club's Edgewater 3 search results says 328 units across three buildings. The 97 figure is the one given for this tower.
  • Developer: Disruptive Real Estate calls it a Nakheel tower, and Projectory's FAQ calls the island a Nakheel destination, while Propsearch, Projectory's header, Takween Aldar and Continental Club all give MGS Development as developer.
  • Payment plan: Projectory shows 5/35/60 in its header but 10/50/40 in its FAQ. Takween Aldar lists three phase plans. Edgewater-residences.ae says 40/60.
  • Projectory's own header says starting from AED 2,000,000 but its FAQ says AED 1,750,000.
  • Construction progress: Takween Aldar says 28% readiness for the project, Datahabibi says about 38% complete, and some sites still say handover is due in 2026.

Building

Floors, apartments and completion year
Propsearch says 15 storeys, with a handover estimated for August 2026. Continental Club says 97 units and completion on 31 August 2026. Takween Aldar lists the building end date as 31 August 2026. Projectory says handover is Oct 2026 or Q4 2026. As of 12 Oct 2026 Takween Aldar still shows it under construction. The highest floor in unit numbers in the sales records is 12, and Projectory floor plans reach one unit.
Reported by a site · propsearch.ae, projectory.ae, takweenaldar.ae, web search results, our sales data
Amenities list
Takween Aldar lists a kids play area, outdoor walking area, yoga space, table tennis, outdoor resting zone, gym, rest zone, padel court, jogging track and swimming pool. Projectory adds landscaped gardens and promenades. Both are marketing lists, not confirmed by residents.
Reported by a site · projectory.ae, takweenaldar.ae

Developer

Who is the developer?
MGS Development, per Propsearch, Projectory and Takween Aldar.
Reported by a site · propsearch.ae, projectory.ae, takweenaldar.ae
Quality of construction
Not found from residents. Propsearch names the contractors: Ancient Builders Construction for main works and Delta Foundations Company for foundations.
Reported by a site · propsearch.ae
Finishes
Takween Aldar describes porcelain flooring, engineered stone kitchen counters, Armani grey porcelain in bathrooms, laminated cabinetry and semi-furnished units. This is a sales description covering all three buildings.
Reported by a site · takweenaldar.ae

Around

What is being built next to it?
Takween Aldar lists other Dubai Islands projects 100 to 350 m away, including Flora Isle Beachfront Residences, Flora Shore Beachside Residences, Sea Legend Tower One, Villa Del Brunello, Villa Del Divos, Esme Beach Residences, Omoria Private Residences, Treppan Serenique Residences, Marea Residences, Isla Private Residences and Villa Del Gavi. Their construction status is not stated. The same project also has Edgewater Residences 1 and 3, with Building 3 ending Jan 2027.
Reported by a site · takweenaldar.ae
Metro and public transport
McCone Properties lists Gold Souq Metro Station as the nearest metro, as filed by the Dubai Land Department, with no distance given.
Reported by a site · mcconeproperties.com

Around Edgewater Residences 2

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
Edgewater Residences 2 (this tower)–2,315 (21)
Flora Shore96 m2,427 (40)
Villa del Divos103 m3,305 (16)
Edgewater Residences 3 Building B125 m2,813 (28)
Edgewater Residences 3 Building A125 m– (3)
Edgewater Residences 3 Building C125 m2,914 (7)
Marea Residences139 m2,484 (6)
Treppan Serenique Residences168 m3,162 (42)
Beach Walk Grand183 m2,445 (7)

Drive times with no traffic

ToTimeDistance
Dubai Mall22 min19.8 km
DIFC Gate19 min17.5 km
DXB Terminal 334 min21.7 km
Dubai Marina Mall37 min37.8 km
Mall of the Emirates31 min31.5 km
Kite Beach26 min24.1 km
DWC airport66 min70.3 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, 7 Oct 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 (luxurylocated.com, mcconeproperties.com, projectory.ae, propsearch.ae, takweenaldar.ae), 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.