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

Edgewater Residences

by MGS in Dubai Islands View on map Handover soon

Starting price
AED 1,100,000
Payment plan
60/40
Handover
Q3 2026

≈ € 264,000

Project details

Starting price AED 1,100,000 ≈ € 264,000 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
Floor area
46 to 218 m²
Developer
MGS
Location
Dubai Islands
Project brochure
Free, with no obligation

The Edgewater Residences brochure

Download the brochure for Edgewater Residences 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

  • Luxury waterfront apartments with views of the Arabian Gulf

  • Prime location on Dubai Islands, close to iconic landmarks

  • Modern architecture with high-quality finishes and natural light

  • Extensive amenities including a swimming pool, fitness centre, and children’s play area

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

Edgewater Residences at Dubai Islands: Luxury apartments by MGS Development

Edgewater Residences is a prestigious residential building developed by MGS Development, located on the beautiful Dubai Islands. This project offers a unique combination of luxury, comfort, and breathtaking views of the Arabian Gulf. With a total configuration of 12 residential floors, plus a ground floor and two podium levels, it offers a variety of one, two, and three-bedroom apartments. The areas range from 45.99 m² to 217.58 m², ensuring a suitable home for every need. Completion is scheduled for the third quarter of 2026. The project is distinguished by its modern architecture, high-quality materials, and an extensive range of amenities that enhance daily living. From a state-of-the-art fitness centre to a refreshing swimming pool and carefully landscaped gardens, everything is designed with comfort and relaxation in mind. Additionally, residents benefit from a vibrant community with sports facilities and recreational opportunities, ideal for social interaction and an active lifestyle.

Apartment types and layouts at Edgewater Residences Dubai Islands

Edgewater Residences offers a diverse selection of apartments, ranging from compact one-bedroom units to spacious three-bedroom homes. The smallest apartments start at 45.99 m², perfect for singles or young couples, while the largest units of 217.58 m² provide space for families or those desiring more living comfort. Each apartment is carefully designed to make optimal use of natural light and space, with high-quality finishes and modern amenities. The open kitchens are equipped with premium appliances, and the bathrooms exude elegance with luxurious materials. Large windows offer panoramic views of the water or the Dubai skyline, creating a sense of tranquillity and space. The layout of the homes is functional and stylish, with ample storage space and a logical flow between living areas. Whether you choose a compact one-bedroom or a spacious three-bedroom home, every unit embodies quality and attention to detail.

About the developer MGS Development and the Edgewater Residences design

Edgewater Residences is being developed by MGS Development, a renowned name in Dubai’s real estate sector. The building comprises 12 residential floors above a ground floor and two podium levels, ensuring a harmonious distribution of apartments and common areas. The architecture is modern and sleek, with attention to sustainability and aesthetics. The developer is known for its quality projects and reliable construction methods, which guarantee timely completion and a high standard of finish. The building features a wide range of amenities, including a fitness centre with high-quality equipment, an inviting swimming pool, a children’s play area, and various terraces for relaxation. Additionally, there are sports fields and an exclusive beach club, allowing residents to enjoy both active and tranquil moments. The combination of solid construction, luxurious details, and a balanced offering of facilities makes Edgewater Residences an excellent choice for those seeking a high-quality home in Dubai.

Prime location in Dubai Islands near key Dubai destinations

Edgewater Residences is situated on the prestigious Dubai Islands, a unique location that perfectly combines tranquillity and city life. The surroundings offer breathtaking views of the Arabian Gulf and are also excellently connected to major landmarks. Downtown Dubai, for example, is reachable within 26 minutes by car, while the airport and the renowned Dubai Mall are both approximately 18 minutes away. Nearby, you will also find the famous Palm Jumeirah and the luxurious Burj Al Arab, allowing residents to easily enjoy the many attractions Dubai has to offer. The immediate vicinity of the project is green and peaceful, with walking paths along the water and space for relaxation. At the same time, there are numerous restaurants, shops, and entertainment options in the nearby area, making daily life both comfortable and dynamic. Whether you enjoy water sports, shopping, or simply want to enjoy the view, this location offers it all.

Flexible payment plan for Edgewater Residences apartments

The payment plan for Edgewater Residences is structured to be flexible and investor-friendly. During the construction phase, you pay 60% of the purchase price, spread across various milestones in the construction process. The remaining 40% is paid upon the final completion of the project, which is expected to take place in the third quarter of 2026. This system provides buyers with the opportunity to phase their investment without having to pay the full amount immediately. The plan is transparent and offers financial security, which is particularly attractive to international investors. The absence of a fixed price indication means that exact costs are available upon request, depending on the chosen apartment and the desired level of finish. This allows for customisation and negotiation, tailored to individual wishes and budgets.

Amenities

Payment plan for Edgewater Residences

60%40%
60%
During construction, in instalments
AED 660,000
≈ € 158,000
40%
After handover
AED 440,000
≈ € 106,000

Monthly payments and your own funds

How much do you need for Edgewater Residences, 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 2,226

≈ € 530 per month

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

Your funds during constructionin instalments according to the payment plan
AED 660,000≈ € 158,400
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 440,000≈ € 105,600
Purchase costs4% DLD fee and mortgage costs
AED 50,370≈ € 12,100
Total funds required
AED 710,370≈ € 170,500
Request finance guidance for Edgewater Residences
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.

Floor plans

Photos of Edgewater Residences

Location

Dubai Islands, Dubai Downtown Dubai: 26 minutes (car) · Dubai International Airport: 18 minutes (car)
Open in Google Maps

Travel times from Edgewater Residences

  • Downtown Dubai: 26 minutes (car)
  • Dubai International Airport: 18 minutes (car)
  • Dubai Mall: 18 minutes (car)

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.