2BR Apartment in Edgewater Residences Phase 2, Dubai Islands
About this property
Edgewater Residences Phase 2 is an exclusive project from the developer MGS Development and is the second phase of three in the residential complex. The building repeats the architectural configuration of the entire complex: it includes a ground floor, two podium levels, and twelve residential floors, created for those who seek a sophisticated coastal life among greenery and untouched shores. The residential floors feature luxury apartments with one, two, and three bedrooms. 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. Residents of Edgewater Residences Phase 2 are provided with a variety of premium amenities, which include a gym with state-of-the-art equipment, a children's playground, a large swimming pool, terraces for relaxation, and landscaped recreational areas for relaxing and rebooting consciousness. A variety of cafes, restaurants, and shops are located near the complex. 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, can be reached in 20 minutes.
Amenities
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
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