Edgewater Residences Phase 1
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Edgewater Residences Phase 1

⚲  Dubai Islands, Dubai
Starting from$660,000≈ AED 2,425,000
Type
Apartments
Bedrooms
2 Bed – 3 Bed
Size from
979 sqft
Handover
Q4 2026
Payment
20 / 40 / 40
The Development

Two- and three-bedroom apartments of 979–3,431 sq ft on Dubai Islands from $660,000 — panoramic Gulf views, a 20/40/40 plan and Q4 2026 handover.

Two- and three-bedroom apartments of 979–3,431 sq ft on Dubai Islands from $660,000 — panoramic Gulf views, a 20/40/40 plan and Q4 2026 handover.

Edgewater Residences Phase 1 is the first building of a larger scheme on Dubai Islands, the waterfront district off Deira linked to the mainland by the Infinity Bridge. Twelve residential floors sit above two podium levels, with light-toned facades and panoramic windows framing the Gulf from every residence; the two- and three-bedroom apartments run 979–3,431 sq ft, semi-furnished with kitchen appliances. Residents have a large pool, gym, children's playground, relaxation terraces and landscaped recreational areas. Freehold, on a 20/40/40 plan with handover in Q4 2026 and service charges of AED 19 per sq ft.

  • Panoramic Gulf views
  • Two- and three-beds to 3,431 sq ft
  • 20/40/40 payment plan
  • Handover Q4 2026
  • Freehold on Dubai Islands
  • Kitchen appliances included
Project Information

The facts

Developer
MGS Development
District
Dubai Islands, Dubai
Price range
AED 2,425,000 – 5,341,003
Price per sq ft
AED 1,546 – 2,477 / ft²
Size
979 – 3,431 ft²
Completion
Q4 2026
Ownership
Freehold
Unit types
Apartments
Service charge
AED 19 / ft²
Furnishing
Semi Furnished with Kitchen Appliances
Resale allowed after
60% paid
Configurations
Building 1 — G+2P+12
Gallery

Inside the residences

Amenities

A life fully serviced

Children's Play Areas

Kids' play area within the complex.

24h Security

Security, CCTV and lobby.

Gym & Wellness

Shared gym and fitness centre.

Swimming Pools

Large shared pool with relaxation terraces.

Residents' Lounge

Social zone and leisure areas.

Jogging & Cycling Tracks

Walking paths and landscaped recreational areas.

Payment Plan

Structured around you

20%
On booking
20%
October 2026
20%
November 2026
40%
On handover
Returns

A note on returns

Current Dubai Islands listings average about AED 2,780 per sq ft; the 20/40/40 plan runs to Q4 2026 handover, with service charges of AED 19 per sq ft.  See the full United Arab Emirates tax & returns guide →

Location

The centre of everything

Answers

Edgewater Residences Phase 1, answered

The questions buyers ask us most about this home.

How much does Edgewater Residences Phase 1 cost?

Prices at Edgewater Residences Phase 1 start from $660,000 (about AED 2,425,000). It offers Apartments in Dubai Islands, Dubai, on a 20 / 40 / 40 payment plan. Ask us for the live price list and current availability.

When does Edgewater Residences Phase 1 complete?

Edgewater Residences Phase 1 is scheduled for handover in Q4 2026. As an off-plan purchase you pay in stages tied to construction, so you lock in today's price and settle the balance as the building progresses.

Can a foreigner buy at Edgewater Residences Phase 1?

Yes. Edgewater Residences Phase 1 sits in a designated freehold zone, so overseas buyers can own it outright with full title registered at the emirate's land department — no nationality restriction and no extra transfer tax for foreign buyers.

Does buying Edgewater Residences Phase 1 qualify me for residency or a visa?

Potentially. A UAE property worth at least AED 2 million (about US$545,000) qualifies for the 10-year renewable Golden Visa, and off-plan units count — so units at Edgewater Residences Phase 1 that reach that value can put you on the Golden Visa path.

Anton Sulcek, Founder & CEO at INOVO
One advisor, start to finish

Work directly with Anton

You will not be handed around a call centre. Anton Sulcek — INOVO's founder — personally guides you from the first shortlist through reservation, payment plan and handover, across all nine markets. One point of contact, honest advice, and pricing direct from the developer with no markup.

More about Anton →

Make Edgewater Residences Phase 1 yours

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