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Project

Edgewater Residences 1, 2 and 3on sale

Dubai Islands·MGS-Development

Price (AED)

2,178,736-22,000,000USD 593,270 – 5,990,600

Bedrooms

1, 2, 3

Handover

Q4 2026

Size (sqft)

645-4826

AED / sqft

451-34,108

Inventory

224 units · 3 buildings

Construction

under construction

Readiness

27.88%

Compliance & specs

DLD escrow #

13038714920004

Service charge

19 AED/sqft

Furnishing

Semi-furnishedFully equipped kitchen with appliances. Living, dining, and bedrooms are bare.

Post-handover plan

None

About

Project general facts

Edgewater Residences 1, 2 & 3 is an exclusive waterfront development on Dubai Islands, offering a refined coastal lifestyle in one of the city's most prestigious destinations. Designed by renowned American architects AYENK, the project combines contemporary architecture with breathtaking views of the Arabian Gulf, creating a seamless balance between modern elegance and natural beauty. The development features a curated collection of premium residences thoughtfully designed with spacious layouts, abundant natural light, and expansive terraces that embrace the surrounding waterfront setting.

Residents enjoy a resort-inspired lifestyle with access to a wide range of leisure and wellness amenities, all set within the vibrant Dubai Islands community. Surrounded by luxury resorts, marinas, golf courses, and recreational facilities, Edgewater Residences provides an exceptional environment for relaxation and active living. Whether spending time by the swimming pool, enjoying landscaped outdoor spaces, or taking advantage of nearby beaches and lifestyle destinations, every aspect of the project is designed to deliver comfort, exclusivity, and convenience.

The residences are finished to an exceptional standard using premium materials throughout. Interiors feature elegant porcelain flooring, engineered stone kitchen countertops, Armani grey porcelain finishes in the bathrooms, and high-quality laminated cabinetry and wardrobes that create a sophisticated contemporary atmosphere. Kitchens are equipped with BOSCH appliances, including an oven and gas cooktop, while each residence is semi-furnished with built-in wardrobes, offering a practical and stylish foundation for modern waterfront living.

Location description and benefits

Dubai Islands is a visionary development that epitomizes the luxurious and innovative spirit of Dubai. Strategically located along the coast, this ambitious project features a collection of five man-made islands designed to offer a blend of residential, commercial, and leisure spaces. Each island is meticulously planned to provide a unique living experience, surrounded by pristine beaches, lush landscapes, and crystal-clear waters.

The islands are connected to the mainland via well-developed infrastructure, ensuring seamless access to the rest of the city. This prime location allows residents and visitors to enjoy the tranquility of island life while being just a short drive away from Dubai's bustling urban centers, including the iconic landmarks and vibrant districts such as Downtown Dubai, Dubai Marina, and Palm Jumeirah. The development includes a range of upscale amenities, including luxury hotels, gourmet dining options, high-end retail outlets, and world-class recreational facilities.

Dubai Islands is designed to cater to a diverse array of lifestyles, offering everything from serene residential communities to dynamic entertainment hubs. The project emphasizes sustainability and innovation, incorporating green building practices and advanced technologies to create a harmonious and eco-friendly environment. With its stunning natural beauty, exceptional amenities, and strategic location, Dubai Islands stands as a premier destination for those seeking an unparalleled lifestyle in one of the world's most dynamic cities.

Available unit types

3 bedroom configurations

These thumbnails show sample layouts for each bedroom configuration. Actual unit sizes, orientations, and finishes vary across the 3 buildings , the developer's full floor-plan pack below covers every variant.

1 bedroom floor plan

1 bedroom

645-2481 sqft

AED 2,178,736 – 4,669,006USD 593,270 – 1,271,370

Range across 43 layout variants

2 bedrooms floor plan

2 bedrooms

1029-2618 sqft

AED 2,827,887 – 6,607,687USD 770,034 – 1,799,273

Range across 61 layout variants

3 bedrooms floor plan

3 bedrooms

1155-4826 sqft

AED 3,634,041 – 22,000,000USD 989,549 – 5,990,600

Range across 22 layout variants

Retail units

Layouts and pricing released on request.

Talk to a broker

Payment plans

3 options available

Payment plan Phase 2Interest-free during construction

10%
30%
60%
BookingDuring constructionOn handover (Q4 2026)
  1. 1.

    On booking

    10%
  2. 2.

    During construction

    30%
  3. 3.

    Upon Handover (Q4 2026)

    60%

Payment plan Phase 1Interest-free during construction

10%
50%
40%
BookingDuring constructionOn handover (Q4 2026)
  1. 1.

    On booking

    10%
  2. 2.

    During construction

    50%
  3. 3.

    Upon Handover (Q4 2026)

    40%

Payment plan Phase 3Interest-free during construction

10%
25%
65%
BookingDuring constructionOn handover (Q4 2026)
  1. 1.

    On booking

    10%
  2. 2.

    During construction

    25%
  3. 3.

    Upon Handover (Q4 2026)

    65%
CASADIOR

Calculate your payments

Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.

Include fees:
#WhenStep%Amount (AED)Amount (USD)Cumulative (USD)
1Upon bookingReservation10%217,87459,32759,327
2Between booking and Q4 2026During construction30%653,621177,981237,308
3Q4 2026Upon Handover (Q4 2026)60%1,307,242355,962593,270
Total100%AED 2,178,737USD 593,270

Cash-flow shape: 40% during the construction period (10% upon booking, 30% across milestones), 60% at handover (Q4 2026).

0% interest during construction , no APR, no compounding.

Opens directly in Excel, Numbers, or Google Sheets.

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Amenities

10 features

Location

Dubai Islands

25.30072, 55.29771

About Dubai Islands

Dubai Islands is a master-planned archipelago development in Dubai's northeastern waters, accessed via Deira through Abu Hail Road (D91), with a new bridge connection currently under construction from Abu Baker Al Siddique Road (D78) expected to improve connectivity. The development comprises four islands linked by individual road bridges, featuring residential communities including Bay Residences, Bay Villas, Beach Residences, and a marina district with retail amenities.

Explore Dubai Islands

About MGS-Development

MGS-Development

MGS-Development is a UAE real-estate developer active across Dubai Islands, behind Edgewater Residences 1, 2 and 3.

Building details

Edgewater Residences 3

Edgewater Residences 3

Handover 31 Jan 2027

1, 2 & 3 bedroom apartments

Edgewater Residences 1

Edgewater Residences 1

1, 2 & 3 bedroom apartments

Edgewater Residences 2

Edgewater Residences 2

Handover 31 Aug 2026

1, 2 & 3 bedroom apartments

Parking allocation

Unit typeBedroomsSpaces
Apartment32
Apartment21
Apartment11

Marketing brochure

Download brochure (PDF)

Frequently asked questions

About Edgewater Residences 1, 2 and 3

What is the starting price for Edgewater Residences 1, 2 and 3?

Prices at Edgewater Residences 1, 2 and 3 start from AED 2,178,736. Off-plan inventory moves with availability, so confirm the current entry price with a Casadior broker before deciding.

What is the payment plan for Edgewater Residences 1, 2 and 3?

Edgewater Residences 1, 2 and 3 offers 3 payment plan options: Payment plan Phase 2, Payment plan Phase 1, Payment plan Phase 3. The full instalment schedule, what is due at booking, during construction, and at handover, is published on this page.

When does Edgewater Residences 1, 2 and 3 hand over?

Handover of Edgewater Residences 1, 2 and 3 is planned for Q4 2026. Handover dates are set by the developer and can shift, so treat the date as a target, not a guarantee.

Where is Edgewater Residences 1, 2 and 3 located?

Edgewater Residences 1, 2 and 3 is located in Dubai Islands, Dubai. The location section on this page has the map and nearby points of interest.

Who is the developer behind Edgewater Residences 1, 2 and 3?

Edgewater Residences 1, 2 and 3 is developed by MGS-Development. The developer's track record and full project list are on our MGS-Development page.

More answers in the full Dubai buying FAQ

Why Dubai off-plan

The macro case for buying off-plan in Dubai

These six pillars apply to every project on this site, not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.

0% interest, ever

Off-plan payment plans are interest-free, end to end. Every instalment is at face value, no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3-5 year hold.

No income or capital-gains tax on property

Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration, after that, your returns are yours.

20% usually opens the unit

Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.

Post-handover plans extend the runway

Many projects offer 2-4 years of post-handover instalments, meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments, rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.

Golden Visa from AED 2M

A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa, a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.

Freehold ownership for foreigners

Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure, title deed in your name.

Price

from AED 2,178,736

≈ USD 593,270

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Currency

Budget range

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Upfront to reserve: AED 120kAED 720k (≈20% down + 4% DLD)

Bedrooms

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