Edgewater Residences 3
Edgewater Residences 3 Offered by Buy Dubai Off-Plan
Edgewater Residences 3

Edgewater Residences 3

by MGS in Dubai Islands View on map Handover soon

Starting price
AED 1,390,000
Payment plan
60/40
Handover
Q3 2026

≈ € 334,000

Project details

Starting price AED 1,390,000 ≈ € 334,000 What will my monthly payments be?
Payment plan 60/40 60% during construction, 40% at handover
Handover Q3 2026 Handover soon
Bedrooms 123
Property type
Apartment
Developer
MGS
Location
Dubai Islands
Project brochure
Free, with no obligation

The Edgewater Residences 3 brochure

Download the brochure for Edgewater Residences 3 van MGS Development in Dubai Islands for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Edgewater Residences 3

  • Luxury waterfront apartments with 1, 2, or 3 bedrooms in Dubai Islands

  • Strategic location with quick connections to Downtown Dubai and the airport

  • Extensive amenities including a fitness centre, swimming pool, and play areas

  • Flexible payment plan: 60% during construction, 40% upon completion

  • Stunning surroundings with 60 kilometres of waterfront and Blue Flag beaches

Edgewater Residences 3 at Dubai Islands: Luxury apartments by MGS Development

Edgewater Residences 3 is a new luxury real estate project in Dubai Islands, where modern architecture meets a unique waterfront living experience. Developed by MGS Development, this project offers a selection of stylish 1, 2, and 3-bedroom apartments spread across 12 residential floors. Completion is scheduled for the third quarter of 2026, making it an attractive option for investors seeking a future home or profitable rental properties. The complex is designed with an eye for detail, from high-quality finishes to spacious layouts with large windows for optimal natural light. Dubai Islands itself is a carefully planned area that offers a harmonious balance between tranquillity and vibrancy. With over 60 kilometres of waterfront, including a Blue Flag beach, and numerous recreational opportunities, this is a place where residents can enjoy both nature and urban conveniences. The Infinity Bridge seamlessly connects the island to the mainland, placing key destinations such as Downtown Dubai and the international airport within easy reach.

Apartment types and layouts at Edgewater Residences 3 Dubai Islands

Edgewater Residences 3 offers a diverse range of apartments, suitable for various lifestyles. The one and two-bedroom apartments are ideal for singles or young couples looking for a modern home in a peaceful setting. The three-bedroom apartments offer more space and are perfect for families wishing to take advantage of the extensive community facilities. Each apartment is fitted with high-quality materials and modern appliances, ensuring immediate comfort. The open-plan kitchens are equipped with the latest features, while the bathrooms have sleek, timeless designs. Large balconies or terraces offer breathtaking views over the water or the green surroundings. The layouts are designed to make optimal use of every square metre without compromising on style or functionality. Although the exact square footages are not yet known, it is clear that the apartments are generously proportioned, with attention paid to light and privacy. This makes Edgewater Residences 3 an excellent choice for those who value quality and liveability.

About the developer MGS Development and the Edgewater Residences 3 design

The Edgewater Residences 3 building comprises 12 floors, atop a luxury ground floor and two podium levels. The architecture is sleek and contemporary, with an emphasis on open spaces and natural materials. MGS Development, the developer behind the project, is known for its focus on sustainability and innovation. They have built a reputation for high-quality projects that are not only visually appealing but are also constructed with long-term value in mind. The design of Edgewater Residences 3 reflects this philosophy, with energy-efficient solutions and sustainable building materials. The common areas are generously sized and include a fitness centre with high-quality equipment, a crystal-clear swimming pool, and carefully landscaped gardens. Additionally, there are play zones for children and sports facilities, making the complex a vibrant community. Safety is paramount, with 24/7 security and advanced access control. With MGS Development as a reliable partner, investors can count on a project that meets the highest standards.

Prime location in Dubai Islands near key Dubai destinations

Edgewater Residences 3 is located in Dubai Islands, a prestigious destination known for its stunning natural beauty and excellent connectivity. The area offers over 60 kilometres of waterfront, including a Blue Flag-certified beach, which guarantees beauty and safety. Residents can enjoy over 20 kilometres of pristine beaches and nearly two kilometres of parks, perfect for walks or picnics. The Infinity Bridge provides a seamless connection to the mainland, placing key locations such as Downtown Dubai and the international airport within a 20 to 24-minute drive. Dubai Islands is also a paradise for golf enthusiasts, with championship courses nearby. Furthermore, Souk Al Marfa offers a wide choice of dining options and shops, while watersports enthusiasts can enjoy the dynamic coastline. The combination of tranquillity and amenities makes this location unique. Whether it’s for daily groceries, cultural outings, or relaxation by the water, everything is within easy reach. This makes Edgewater Residences 3 not only a pleasant place to live but also a smart investment in a growing area.

Flexible payment plan for Edgewater Residences 3 apartments

The payment plan for Edgewater Residences 3 is specifically designed to offer investors flexibility. Only 10% of the purchase price is required as an initial deposit, followed by 60% paid in stages during the construction phase. The remaining 40% is due upon the final completion in the third quarter of 2026. This system allows buyers to spread their investment without needing to provide a large capital outlay immediately. The payment plan is transparent and free from hidden costs, giving buyers certainty about their investment. Furthermore, the planned completion in 2026 makes this project particularly interesting for those seeking a medium to long-term investment. Please feel free to contact us for more details on the payment options and the current prices of available units.

Amenities

Payment plan for Edgewater Residences 3

60%40%
60%
During construction, in instalments
AED 834,000
≈ € 200,000
40%
After handover
AED 556,000
≈ € 133,000

Monthly payments and your own funds

How much do you need for Edgewater Residences 3, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 2,813

≈ € 680 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 834,000≈ € 200,200
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 556,000≈ € 133,400
Purchase costs4% DLD fee and mortgage costs
AED 63,420≈ € 15,200
Total funds required
AED 897,420≈ € 215,400
Request finance guidance for Edgewater Residences 3
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Photos of Edgewater Residences 3

Location

Dubai Islands, Dubai
Open in Google Maps

About MGS

MGS boasts an impressive portfolio of off-plan property projects in Dubai, ranging from luxury apartments to modern villas. These projects are situated in popular neighbourhoods such as Downtown Dubai, Dubai Marina, and Palm Jumeirah, where the demand for high-quality real estate continues to grow. An example is the recently launched project "Skyline Residences", with apartments starting from 85 m2 and prices from AED 1,200,000. Investing off-plan with MGS means benefiting from favourable terms during the construction phase, such as staged payments and early capital appreciation. On this page, you will find a complete overview of all available projects, including locations, prices, and expected handover dates. Please feel free to contact us for more details on specific projects.

MGS has been active in Dubai's real estate development for over 15 years and has established itself as a reliable player in the market. The developer began with small-scale projects but quickly grew into a renowned name thanks to its focus on quality and customer satisfaction. Iconic projects such as "Marina Heights" and "Oasis Towers" have now been successfully handed over and are among the most sought-after addresses in the city. MGS has won several awards, including the "Best Off-Plan Developer Award" in 2022, further strengthening its reputation. This experience and expertise make MGS an ideal partner for investors seeking stable off-plan opportunities in Dubai.

All projects by MGS

Similar projects

Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.