Compliance & specs
DLD-verifiableSemi-furnishedFully equipped kitchen with appliances. Living, dining, and bedrooms are bare.
About
Project general facts
Edgewater Residences 1, 2 and 3 is an exclusive waterfront community on Dubai Islands, offering an unparalleled blend of luxury and serene coastal living. Designed by renowned American architects AYENK, this prestigious development brings modern elegance to one of Dubai’s most sought-after destinations. Set against the breathtaking backdrop of the Arabian Gulf, residents can experience a lifestyle defined by sophistication, tranquility, and seamless access to world-class amenities.
Edgewater Residences 1, 2 and 3 offer a carefully curated selection of premium residences that elevate waterfront living to new heights. Each home is meticulously designed to maximize natural light, offering open layouts and breathtaking views of the ocean, lush greenery, and Dubai’s skyline. Whether relaxing on a private terrace, unwinding by the pool, or indulging in the finest wellness retreats, every moment here is crafted for ultimate comfort and refinement.
Situated on the prestigious Shore Island, Edgewater Residences 1, 2 and 3 are surrounded by resorts, marinas, golf courses, and exclusive leisure facilities, ensuring an all-encompassing lifestyle. The project sets a new benchmark for coastal luxury, providing residents with an extraordinary living experience where modern design meets natural beauty.
Finishing and materials
The apartments are fully finished using modern, high-quality materials, providing a luxurious and refined living experience. In the living room, the floors and skirting feature porcelain tiles with a matte finish. The ceilings are painted white, and the doors and cabinet doors are finished in durable laminate.
In the kitchen, the countertops are made of engineered stone, with porcelain tiles between the cabinets. The wardrobe doors are laminate. Bedrooms boast porcelain floors and skirting, with ceilings painted white.
The bathroom is fitted with Armani grey porcelain tiles and laminate HPL vanity countertops and doors. The wardrobe is crafted from laminated MDF wood, with porcelain tiles for both the walls and floor, creating a sophisticated and elegant environment.
Kitchen and appliances
The kitchen is equipped with BOSCH appliances: oven, gas stove.
Furnishing
Semi-furnished with built-in wardrobes.
Location description and benefits
Dubai Islands refers to a collection of man-made islands situated along the coastline of Dubai, United Arab Emirates. These islands are a testament to Dubai's innovation and ambition, representing a bold endeavor in urban development and luxury living.
Nestled within the azure waters of the Arabian Gulf, Dubai Islands offer a unique blend of coastal charm and modern sophistication. Each island is meticulously designed to provide residents and visitors with an exclusive retreat from the bustling city life, while still being within close proximity to Dubai's vibrant urban center.
Surrounded by pristine beaches and offering panoramic views of the Dubai skyline, the islands boast a prime location that perfectly balances tranquility with accessibility. Whether enjoy guests a leisurely stroll along the waterfront promenades or indulg in water sports activities, Dubai Islands offer a myriad of opportunities for relaxation and recreation. Moreover, the islands are seamlessly connected to Dubai's mainland via modern infrastructure, ensuring convenient access to world-class amenities, shopping centers, dining establishments, and entertainment venues.
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
503 – 1284 sqft
Range across 42 layout variants
2 bedrooms
891 – 3431 sqft
Range across 62 layout variants
3 bedrooms
1155 – 3431 sqft
Range across 22 layout variants
Payment plan Phase 2Interest-free during construction
- 1.10%
On booking
- 2.50%
During construction
- 3.40%
Upon Handover (Q4 2026)
Payment plan Phase 1Interest-free during construction
- 1.5%
On booking
- 2.35%
During construction
- 3.60%
Upon Handover (Q4 2026)
Payment plan Phase 3Interest-free during construction
- 1.5%
On booking
- 2.30%
During Construction
- 3.65%
Upon Handover (Q4 2026)
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.
| # | When | Step | % | Amount (AED) | Amount (USD) | Cumulative (USD) |
|---|---|---|---|---|---|---|
| 1 | Upon booking | Reservation | 10% | 217,874 | 59,327 | 59,327 |
| 2 | Between booking and Q4 2026 | During construction | 50% | 1,089,368 | 296,635 | 355,962 |
| 3 | Q4 2026 | Upon Handover (Q4 2026) | 40% | 871,494 | 237,308 | 593,270 |
| Total | 100% | AED 2,178,736 | USD 593,270 | |||
Cash-flow shape: 60% during the construction period (10% upon booking, 50% across milestones), 40% at handover (Q4 2026).
0% interest during construction — no APR, no compounding.
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Amenities
10 features
Location
25.30072, 55.29771
About Dubai Islands
Beachfront / waterfront freehold zone; positioned for premium and branded residences; rapid 2024-2025 launch cycle A look at the original masterplan published by the developer at the time of the launch of Dubai Islands.
Explore Dubai IslandsAbout MGS-Development
MGS-Development is a visionary real estate developer with a proven track record of delivering iconic residential projects in Dubai. Their team of experienced professionals is passionate about creating homes that exceed expectations, combining innovative design, superior craftsmanship, and sustainable practices. Company are committed to shaping the future of Dubai's skyline by building communities that enrich lives and leave a lasting legacy. MGS-Development takes pride in its customer-centric approach, ensuring that every project reflects the evolving needs and aspirations of modern homeowners. With a keen focus on quality and attention to detail, they seamlessly blend luxury with functionality to create exceptional living spaces. Their dedication to excellence and innovation positions them as a leader in the competitive real estate market, continually setting new benchmarks in urban development.
Building details
Edgewater Residences 2
1, 2 & 3 bedroom apartments
Edgewater Residences 3
1, 2 & 3 bedroom apartments
Edgewater Residences 1
1, 2 & 3 bedroom apartments
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Apartment | 3 | 2 |
| Apartment | 2 | 1 |
| Apartment | 1 | 1 |
Marketing brochure
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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