Dubai Islands · Off-plan · 45% of homes registered

Edgewater Residences 3What it sells for

1-bedrooms sell off-plan for about AED 2.24M, and about 72 of 166 are left.

At a glance

Updated with deals to 3 Nov 2026
Sells forAED 2.24Mfor a typical 1-bedroom, off-plan

From 31 off-plan sales in the last 12 months.

Homes leftAbout 182of 328 homes

1-bed homes are the tightest, about 57% registered.

Built30%at the last DLD inspection

Inspected on 31 Aug 2026.

Planned endJan 2027from DLD

3 months from now, on DLD's record.

What brings you here?

Apartment type

Prices and rents at Edgewater Residences 3

How many homes are left in Edgewater Residences 3?

About 182 homes left of 328

1-bed homes are the tightest, about 57% registered. 328 homes in 3 buildings of 15 floors.

1 bed94 of 166 registered
2 bed34 of 105 registered
3 bed18 of 57 registered
RegisteredNot yet registeredEach square is 5 homes

How fast are they going?

1 home a month

Registered over the last 3 months.

  • 1 bed1 a month
  • 2 bed0 a month
  • 3 bed0 a month

What are people paying right now?

AED 2,448AED 3,016AED 3,583AED 4,151Nov 25Jan 26Mar 26May 26Jul 26Sep 26
Typical price per sq ftBar shows the middle half of dealsFewer dealsMore deals

Deals in the last 12 months

36

Only 2 in the last 3 months.

Latest 3 of 36 deals

  • AED 2.24M1 bed · 846 sq ft · 10 Sep 2026
  • AED 2.28M1 bed · 786 sq ft · 8 Sep 2026
  • AED 2.23M1 bed · 786 sq ft · 16 Jul 2026

Investor intelligence

Most choice left1-bed homesAbout 72 left
HomeTypical price, last 3 monthsSizePer sq ftRent nearby, a yearRent on price

How far along is the building work?

30% built

At the DLD inspection on 31 Aug 2026. Planned end Jan 2027.

0%25%50%75%100%202520262027Even pace to the planned datePlanned end Jan 2027Today

Build intelligence

Is it on track?

1 of M G S's 2 active projects with a date is past their planned end, on DLD's latest dates.

  • 3 months remain to the planned end date, with 70% of the building work still to do.
  • At the pace of the last two inspections, work would finish around Feb 2028. Pace changes, so treat that as a rough guide.

What did each inspection find?

31 Aug 202630.4% built+15.4 pts10 photos
4 May 202615.0% built+6.5 pts6 photos
27 Dec 20258.5% built+3.3 pts6 photos
15 Jul 20255.2% built+5.2 pts4 photos
10 Feb 20250.0% builtFirst visit2 photos

Who is building Edgewater Residences 3?

M G S Development L.L.C logo

M G S Development L.L.C

DLD lists M G S Development L.L.C as the developer. Buyers' payments go to an escrow account at Abu Dhabi Commercial Bank.

3being built
0finished
0cancelled

Also being built

  • Edgewater Residences 255%
  • Edgewater Residences48%

Developer intelligence

How long does M G S Development L.L.C take to build?

Active projects past their planned end1 of 2On DLD's latest dates

Where is Edgewater Residences 3?

2% above

the typical off-plan price per sq ft in Dubai Islands, over the last 12 months.

Edgewater Residences 3 against Dubai Islands

  • Edgewater Residences 3Off-plan, 36 sales in 12 monthsAED 2,824 per sq ft
  • Dubai IslandsOff-plan, 4,592 sales in 12 monthsAED 2,778 per sq ft

A 1-bedroom in Dubai Islands

  • A typical 1-bedroom resells forAED 2.03M

How busy it is

  • Sales in the last 12 months4,614
  • Off-plan share of sales100%

Still selling nearby

Typical off-plan price per sq ft and sales, last 3 months

See all of Dubai Islands

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Questions people ask

Quick answers, from the same deals as the rest of this page.

How much is a 1-bedroom in Edgewater Residences 3?

About AED 2.24M off-plan, from 31 sales in the last 12 months. No resale price yet.

How many homes are left in Edgewater Residences 3?

About 182 of 328, going by sales registered with DLD.

How much of Edgewater Residences 3 is built?

30% at the DLD inspection on 31 Aug 2026.

About our data

Where our numbers come from

Every number on this page comes from a real deal registered with the Dubai Land Department. Here's how we turn them into prices you can use.

Sales
Every sale of an apartment in Edgewater Residences 3 registered with the Dubai Land Department since January 2024, up to 3 Nov 2026. Sales up to 2 Nov 2026 come from Dubai Real Estate Data, based on DLD open data (CC BY 4.0). Newer sales come straight from the DLD open-data portal.
Leases
Every Ejari lease registered with the Dubai Land Department since January 2026, up to 2 Nov 2026. Leases don't list bedrooms, so we work them out from the size. Lease length comes from the start and end dates.
What we count
Apartments and hotel apartments. Villas and townhouses aren't included yet.
Typical price
The middle deal: half sold for more, half for less. One penthouse can't skew it the way it skews an average.
Typical range
The range we show: from the 25th to the 75th percentile. Fair means inside it. High and low mean outside it.
Time frames
Prices look at the last 12 months of resales. Rents look at new leases since 3 Aug 2026. Price changes compare the last 3 months with the same 3 months a year earlier. Rent changes compare new leases now with those signed from January to March 2026.
Return
A year of typical rent as a share of the typical price, also called gross yield. It comes before service charges, fees and empty months.
Your apartment's value
We start from the typical price at the typical size, then add or take off the going price per sq ft for the difference in size.
When we hold back
We give a price or rent only with at least 10 resales in the last 12 months or 10 new leases in the last 3 months behind it. A project gets its own page with at least 30 sales in 12 months or 30 new leases in 3 months, or with at least 20 sales since January 2024 and 5 of them in the last 12 months. We say prices or rents rose or fell only when the change is over 3% and each period has at least 30 deals. Otherwise we say so and show nearby buildings instead.
Build progress and developer
Percent built, inspection dates and photos, the planned end date, the home count and the developer's project counts come from the project records of the Dubai Land Department. Homes left are the homes it lists for the project, minus the sales registered with it.
What the records leave out
Floor, view, furnishing and condition.

We update with every data release. This page was last updated on 3 Nov 2026.

Free · From deals registered with the DLD

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