Edgewater Residences

This 4-bedroom apartment at Edgewater Residences offers 2,162 sq ft in Dubai Islands, priced from AED 4,499,467 (about AED 2,081 per sq ft), with handover expected in Q4 2026.

Edgewater Residences is an off-plan residential project by MGS Development on Dubai Islands, built in phases. The Dubai Land Department lists three phases under M G S Development L.L.C: Edgewater Residences (project 2930, 47.8% complete), Edgewater Residences 2 (project 3011, 54.7% complete) and Edgewater Residences 3 (project 3177, 30.39% complete). Ask us which phase this unit belongs to before you book.

Amenities listed by the developer include pets allowed and kids' play area.

A four-bedroom suits a larger family that wants generous space in a new island community.

Our feed does not list a payment plan.

How does the price compare with Dubai Islands? Homes sold on Dubai Islands had a median of AED 2,809 per sq ft from 1 January to 7 October 2026 (Dubai Land Department, 3,309 sales, almost all off-plan). At about AED 2,081 per sq ft, this unit is around 26% below that median.

What rental yield can investors expect on Dubai Islands? The first completed buildings are only now being let. Ten rent contracts were registered this year at a median of AED 130,000 a year, an early gross yield of about 3.5% before service charges (Dubai Land Department). With so few contracts, treat this as an early signal rather than a market rate.

When will Edgewater Residences be completed? Our feed lists handover in Q4 2026.

Prices and availability come from the developer and can change. Contact Platinum Square for current availability, floor plans and the full payment schedule.