For SaleApartmentOff-Plan

3BR Apartment in Edgewater Residences Phase 1, Dubai Islands

Edgewater Residences Phase 1, Dubai Islands
Starting price
AED 3.76M
Per sqft
AED 1,721
Payment plan
60/40
Reference
PSQ-OP-I2672-APARTMENT-BR3
Bedrooms
3
Bathrooms
—
Built-up
2,183 sqft
Type
Apartment

About this property

Edgewater Residences Phase 1 is an exclusive project from the developer MGS Development. This is the first building of a large-scale project, which includes a ground floor, two podium floors, and twelve residential floors, created for those who seek a sophisticated coastal life among greenery and untouched shores. There are exquisite apartments with one, two, or three bedrooms on the floors. One of the features of the complex is its architecture. The bright materials of the facades and the unique location of the balconies give the building an amazing and elegant look, and the sun's rays are reflected from the glass panels. The panoramic windows of each residence offer breathtaking views of the waters of the Persian Gulf. Edgewater Residences Phase 1 residents are provided with a variety of premium amenities that include a gym, a children's playground, a large swimming pool, terraces for relaxation, and landscaped recreational areas for relaxation and mental rebooting. The strategically advantageous location of the complex allows residents to easily reach key locations in Dubai. Dubai International Airport is just 10 minutes away, and the Burj Khalifa and Dubai Mall, the largest shopping mall, are 20 minutes away.

Amenities

Kids Play Area
Leisure Areas
Lift
Lobby
Recreational Areas
Security And CCTV
Shared Pool
Shared Gym
Shared Gym & Fitness
Social Zone
Walking Paths

Location & Lifestyle

Buy off-plan on Dubai Islands, Nakheel’s five-island waterfront destination, formerly known as Deira Islands and renamed in August 2022. The master plan covers 17 square kilometres, with more than 20 kilometres of beaches and over 80 planned resorts and hotels. Between 1 January and 7 October 2026, 3,309 homes were sold on Dubai Islands, almost all off-plan, at a median price of AED 2.86M or AED 2,809 per sq ft; one-bedroom apartments sold at a median of AED 2.40M and two-bedrooms at AED 3.54M. The first completed buildings are only now being let: 10 rent contracts were registered this year, at a median of AED 130,000 a year, which puts the early gross yield at about 3.5% before service charges. Source: Dubai Land Department open data (registered as Palm Deira), sales and Ejari rents 1 January to 7 October 2026, read on 7 October 2026; master-plan figures from Nakheel via Gulf News, 22 August 2022.

Schools nearby

  • Deira International School (near)
  • St. Mary’s Catholic High School (near)

Metro & transit

  • Not directly connected (near Gold Souk (Green Line); ferry / road links)

Malls & retail

  • Deira City Centre
  • Souq Al Marfa
  • Dubai Islands Mall (planned)

Healthcare

  • Canadian Specialist Hospital
  • Aster Hospital Deira

Landmarks

  • Dubai Islands Beach
  • Souq Al Marfa
  • Dubai Gold Souk (near)
  • Dubai Islands Marina
Platinum Square Listing
Ref. PSQ-OP-I2672-APARTMENT-BR3 · Listed 2026-11-12

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