Sheikh Zayed Road towers seen from above. A general view of Dubai, not this projectPhoto: monicker, Wikimedia Commons, CC BY-SA 3.0, resized and cropped
A drawing, not this building: 47.8% built at DLD’s inspection on 31 Aug 2026
The short answer
Edgewater Residences is active on the DLD register, no completion date on the DLD register. It was 47.8% built at DLD’s inspection on 31 Aug 2026. Its 7 home sales over Oct 2025–Sep 2026 registered at a median AED 1.7m, AED 2,329 per sq ft.
Completion dateSourceDLD project registerWindowcompletion dateFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
None listed
on the DLD register
BuiltSourceDLD project registerFigure% built at DLD’s latest inspectionDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
47.8%
DLD inspection, 31 Aug 2026
Home salesSourceDLD registered salesWindowOct 2025–Sep 2026Based on7 salesFigureflats and villas, no data-quality flagDatasales to 5 Oct 2026How it is worked out
7
Oct 2025–Sep 2026
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on7 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 1.7m
7 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on7 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
7
−67% on Oct 2024–Sep 2025
The DLD project register
Active
No completion date on the DLD register
47.8% built at DLD’s inspection on 31 Aug 2026.
Built, at DLD’s latest inspection47.8%
DLD project number
2930
Status
Active
Completion date
None listed
Start date
30 Apr 2024
Registered
23 Apr 2024
Developer
M G S Development L.L.C · DLD developer 1624
Escrow account bank
Abu Dhabi Commercial Bank
Units
79
Buildings
1: Edgewater Residences
Inspection history: 6 inspections on the register
Inspection date
Built
31 Aug 2026
47.8%
6 Apr 2026
27.88%
27 Nov 2025
15.74%
15 Jul 2025
9.16%
27 Jan 2025
2.78%
12 Feb 2024
0%
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. M G S can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-2930-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026
Size
Sales
Median price
Median AED /sq ft
Median size, sq ft
1 BR
4 · fewer than 5
—
—
—
2 BR
3 · fewer than 5
—
—
—
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Palm Deira, Oct 2025–Sep 2026.
Edgewater Residences in M G S’s ads
4 of M G S’s 6 running ads name Edgewater Residences, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
Your waterfront apartment in Dubai — with a down payment of just 10%.
Edgewater Residences by MGS Development is a modern residential project located on the prestigious Dubai Islands. An excellent choice for a seaside getaway, personal residence, or building an international real estate asset in Dubai.
Interest-free developer installment plan with a 35/65 payment schedule:
🔹 10% — upon booking
🔹 25% — during construction
🔹 65% — upon handover in late 2026
Submit an application to receive current prices, floor plans, and a personalized purchase calculation. ✨
Phone number: +971525395415
Edgewater Residences on Dubai Islands - Elevated living exceptional amenities
A modern boutique project by MGS Development, a trusted developer with over 25 million sq. ft. of completed real estate.
Life here seamlessly blends comfort, an active lifestyle, and proximity to nature. Just 2 minutes' walking distance to the beach. Residents can enjoy premium amenities, including a swimming pool, a state-of-the-art fitness center, paddel court, sports and play areas, as well as dedicated relaxation and wellness spaces right by the coast.
The project is located on the prestigious Dubai Islands:
Edgewater Residences on Dubai Islands - 1 - 3 Bedroom Apartments from AED 2.1M
A modern residential complex by MGS Development, a trusted developer with over 25 million sq. ft. of completed real estate.
The project is located on the prestigious Dubai Islands: just 2 minute walk to the beach, 10 minutes to Dubai International Airport, 20 minutes to Burj Khalifa and Dubai Mall, and 25 minutes to Burj Al Arab.
Residents can enjoy premium amenities, including a swimming pool, paddel court, state-of-the-art gym, and a dedicated play area, creating a comfortable space for living and relaxation.
Ваши апартаменты у моря в Дубае — с первоначальным взносом всего 10%.
Edgewater Residences от MGS Development — современный жилой проект на престижных Dubai Islands. Отличный выбор для отдыха у моря, собственного проживания или создания международного актива в недвижимости Дубая.
Беспроцентная рассрочка от застройщика по схеме 35/65:
🔹 10% — при бронировании
🔹 25% — поэтапно во время строительства
🔹 65% — при получении ключей в конце 2026 года
Оставьте заявку, чтобы получить актуальные цены, планировки и индивидуальный расчет условий покупки. ✨
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
1 bedroom
45%1
41%2
12%3
1%4
0%5+
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
4,459 sales2025+89080%on 2021
Full years only, registered sales of every type. 3,577 sales in 2026 to 5 Oct.
Off-plan share
98% of the 5,053 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summary
Sales by year and by month
Year
Sales
Off-plan
Ready
Value
Median home price
Median AED /sq ft
2022
1
0
1
AED 19.9m
—
—
2024
64
64
0
AED 137m
AED 2.2m
2,015
2025
3
3
0
AED 4.1m
—
—
2026 to 5 Oct
4
4
0
AED 9.3m
—
—
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
72sales registered, Dec 2022 to Sep 2026
Every registered sale, all property types.
Other projects in Palm Deira
5,053 sales were registered in Palm Deira over Oct 2025–Sep 2026, with homes at a median AED 2,481 per sq ft over Jul–Sep 2026.
Edgewater Residences is a M G S project in Palm Deira, Dubai, registered with the Dubai Land Department as project 2930 by M G S Development L.L.C. The register lists it as active, with no completion date, 47.8% built at DLD’s inspection on 31 Aug 2026.
72 sales have been registered since Jan 2019, the first on 5 Dec 2022, 7 of them over Oct 2025–Sep 2026. Over those twelve months its 7 home sales registered at a median AED 1.7m. The sales include 1 land plot, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 38th of the 117 projects with a registered sale in Palm Deira, and 3rd of M G S’s 3.
Questions about Edgewater Residences
When will Edgewater Residences be finished?
The DLD register lists no completion date. It was 47.8% built at DLD’s inspection on 31 Aug 2026. These are the register’s own figures, read 13 Oct 2026; we don’t forecast a finish.
Is Edgewater Residences finished?
No. The DLD register lists it as active, 47.8% built at the inspection on 31 Aug 2026.
How many sales has Edgewater Residences had?
72 sales registered with the Dubai Land Department since Jan 2019, 7 of them over Oct 2025–Sep 2026. The count includes 1 land plot, which are left out of every price figure.
Who is the developer of Edgewater Residences?
The DLD register lists M G S Development L.L.C, DLD developer number 1624, which we group under M G S.
Where is Edgewater Residences?
In Palm Deira, Dubai. The Dubai Land Department registers its sales under the district Palm Deira. Homes there registered at a median AED 2,481 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for Edgewater Residences?
The DLD project register lists an escrow account with Abu Dhabi Commercial Bank for Edgewater Residences.
Cite this page
Edgewater Residences, Palm Deira. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/edgewater-residences
