Projects Scout logo

Projects in Edgewater Residences

View on map
    See all top developers in Dubai →
    Area guide

    A Concentrated Apartment Market on Dubai Islands: New Projects in Edgewater Residences

    Edgewater Residences is a subdistrict within Dubai Islands, with Edgewater Residences 2 and Edgewater Residences 3 rounding out the named zones within it. The inventory across all three areas is focused: three projects, all apartments, all by MGS Development. With one developer behind the entire subdistrict, buyers are not comparing competing builders; they are choosing between phases of a single operator's program. For a buyer who wants to weigh different developers against each other, the options here are limited.

    All units across these three projects are apartments. The median asking price sits at AED 1,945,300, the most practical figure for a buyer setting a ceiling. Prices extend from AED 1,100,000 at the low end to AED 3,496,209 at the high end, a spread that is wide for a single property type. The data does not break down why the range is that broad, so buyers should request full unit-type and floor-level details from MGS Development before drawing conclusions. Entry requires a minimum 10% down, a low threshold for Dubai off-plan. There are no post-handover payment plans across the three projects, meaning all payments are due by handover.

    Handover Dates Have Now Passed

    The earliest listed completion is July 2026 and the latest is September 2026. As of October 2026, both dates have passed. Buyers should confirm directly with MGS Development whether units are still available, what stage each project has reached, and whether any remaining inventory is now selling as ready product rather than off-plan.

    What the Amenities Indicate

    The projects include a gymnasium, indoor swimming pool, children's play area, landscaped gardens, and a barbecue area. That points toward families and fitness-focused residents. Restaurants within the development and CCTV security suggest buildings oriented toward full-time occupants, with daily needs and security handled inside the complex without requiring residents to go elsewhere.