About Edgewater Residences 2
Edgewater Residences 2 is a residential building by M G S Development, in Palm Deira, Dubai. The project comprises 97 homes.
Key information
Developer
M G S Development
- Handover
- Q3 2026
- Status
- Handed over
- Location
- Palm Deira, Dubai
- Master project
- Palm Deira
- Construction started
- 2024
- Number of buildings
- 1
- Number of units
- 97
- Registered with DLD
- 24 Jun 2024
- Escrow bank
- Abu Dhabi Commercial Bank
- Escrow account no.
- 13038714920006
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Handed overQ3 2026
Construction progress
40 inspection photos from the Dubai Land Department. Latest 31 Aug 2026 at 55% complete.
Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
2 Elevators
15 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
87
Median price
AED 2.3M
Median price / sqft
AED 2K+12%
Off-plan share
100%
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 32 | 940 sqft | AED 1.9M | AED 2K |
| 2 Bed | 44 | 1,230 sqft | AED 2.6M | AED 2K |
| 3 Bed | 11 | 1,674 sqft | AED 3.3M | AED 2K |
Price per sqft by year
+12% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 07 Jul 2026 | Off-plan | 1,272 sqft | AED 2.8M | AED 2K |
| 06 Jul 2026 | Off-plan | 1,550 sqft | AED 3.4M | AED 2K |
| 06 Jul 2026 | Off-plan | 1,553 sqft | AED 3.4M | AED 2K |
| 17 Jun 2026 | Off-plan | 1,272 sqft | AED 3.0M | AED 2K |
| 30 Mar 2026 | Off-plan | 1,616 sqft | AED 2.9M | AED 2K |
| 24 Mar 2026 | Off-plan | 1,376 sqft | AED 3.2M | AED 2K |
| 23 Mar 2026 | Off-plan | 1,272 sqft | AED 3.0M | AED 2K |
| 06 Mar 2026 | Off-plan | 1,272 sqft | AED 2.9M | AED 2K |
Unit mix
97 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 1 B/R | 32 | 725 - 1,870 sqft |
| 2 B/R | 54 | 1,082 - 2,070 sqft |
| 3 B/R | 11 | 1,576 - 2,323 sqft |
Payment plan
Payment plans are set by M G and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Palm Deira, Dubai.
Edgewater Residences 2
Dubai, United Arab Emirates
Frequently asked questions
Edgewater Residences 2 has already been handed over (Q3 2026), according to Dubai Land Department records.
