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Projects in Edgewater Residences

    Edgewater Residences Phase 3 By MGS by MGS Development
    Dubai · Edgewater Residences

    Edgewater Residences Phase 3 By MGS

    MMGS Development
    TypeApartment
    CompletionQ3 2026
    Payment10/50/40
    Starting

    AED 1.9M

    View details
    Edgewater Residences By MGS Development by MGS Development
    Dubai · Dubai Islands

    Edgewater Residences By MGS Development

    MMGS Development
    TypeApartment
    CompletionReady
    Payment10/50/40
    Starting

    AED 1.1M

    View details
    Edgewater Residences Phase 2 By MGS by MGS Development
    Dubai · Edgewater Residences

    Edgewater Residences Phase 2 By MGS

    MMGS Development
    TypeApartment
    CompletionQ3 2026
    Payment10/50/40
    Starting

    AED 1.9M

    View details
    Area guide

    Near-Delivery Apartments on Dubai Islands: New Projects in Edgewater Residences

    Edgewater Residences is a defined subdistrict within Dubai Islands, the reclaimed island chain north of Deira. Three apartment projects make up the current inventory here, all by MGS Development. With one developer shaping the entire subdistrict, the offering is consistent — buyers are choosing between phases of a coherent plan rather than evaluating competing approaches from different builders.

    Prices run from AED 1,100,000 to AED 3,496,209, with a median of AED 1,945,300. The spread is significant, and buyers at the lower end are looking at a meaningfully different entry point than those targeting the upper range. Consulting directly with MGS Development on what drives that gap is the clearest path to understanding the options.

    Handover Timing and Entry Costs

    Handover across all three projects falls between July 2026 and September 2026. These are near-delivery units, not long-dated off-plan commitments. Buyers entering now should expect keys within weeks to a few months. The minimum down payment is 10%, which is a low entry point for the Dubai market, though at this stage of the construction cycle, the remaining payment schedule will differ from a typical early off-plan structure. None of the three projects carry post-handover payment plans, so the full purchase price is due at or before handover.

    Amenities and Resident Profile

    The amenity mix points toward family occupancy and regular wellness use. Children's play areas, landscaped gardens, and a barbecue area suggest buildings that suit longer-term residents rather than short-stay rental configurations. The indoor swimming pool, gymnasium, and well-being and fitness facilities reinforce a health-focused lifestyle built into the project. CCTV security coverage is also present across the subdistrict.

    Buyers interested in expanding their search within the wider cluster can look at Edgewater Residences 2 and Edgewater Residences 3, which fall within the same subdistrict.