About Edgewater Residences
Edgewater Residences is a residential building by M G S Development, in Palm Deira, Dubai. The project comprises 79 homes.
Key information
Developer
M G S Development
- Expected handover
- TBC
- Status
- Under construction
- Location
- Palm Deira, Dubai
- Master project
- Palm Deira
- Construction started
- 2024
- Number of buildings
- 1
- Number of units
- 79
- Registered with DLD
- 23 Apr 2024
- Escrow bank
- Abu Dhabi Commercial Bank
- Escrow account no.
- 13038714920004
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Under construction48% complete
- Expected handoverTBC
Construction progress
35 inspection photos from the Dubai Land Department. Latest 31 Aug 2026 at 48% 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
70
Median price
AED 2.2M
Median price / sqft
AED 2K+7%
Off-plan share
100%
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 25 | 657 sqft | AED 1.4M | AED 2K |
| 2 Bed | 23 | 1,105 sqft | AED 2.2M | AED 2K |
| 3 Bed | 22 | 1,450 sqft | AED 2.8M | AED 2K |
Price per sqft by year
+7% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 17 Aug 2026 | Off-plan | 747 sqft | AED 1.7M | AED 2K |
| 14 Jul 2026 | Off-plan | 1,128 sqft | AED 2.3M | AED 2K |
| 02 Feb 2026 | Off-plan | 1,063 sqft | AED 2.3M | AED 2K |
| 24 Dec 2025 | Off-plan | 548 sqft | AED 1.3M | AED 2K |
| 17 Dec 2025 | Off-plan | 551 sqft | AED 1.4M | AED 3K |
| 15 Dec 2025 | Off-plan | 548 sqft | AED 1.4M | AED 3K |
| 12 Dec 2024 | Off-plan | 1,128 sqft | AED 2.3M | AED 2K |
| 09 Dec 2024 | Off-plan | 747 sqft | AED 1.6M | AED 2K |
Unit mix
79 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 1 B/R | 21 | 548 - 1,070 sqft |
| 2 B/R | 33 | 1,051 - 2,342 sqft |
| 3 B/R | 25 | 1,365 - 3,436 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
Dubai, United Arab Emirates
Frequently asked questions
Edgewater Residences has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 48% complete.
