EDGEWATER RESIDENCES PHASE 3 by MGS Development
Business Bay, Dubai
project Overview for EDGEWATER RESIDENCES PHASE 3
AED 1,390,000
Starting Price
35/65%
Payment Plan
5%
Booking Fee
StatusOff Plan
Completion Date30 Nov 2026
Shawad Mohammad
Agent
Development Details & Types
873 - 4,822 sq.ft
12
1 Bedroom-3 Bedrooms
About EDGEWATER RESIDENCES PHASE 3
🏡 Edgewater Residences – Where Waterfront Luxury Meets Urban Convenience 🌊
Edgewater Residences by MGS Development is a boutique waterfront development on Dubai Islands (Deira), offering panoramic Arabian Gulf views and a serene beachfront lifestyle. Featuring three mid-rise towers with 12 residential floors, this exclusive collection of 1, 2, and 3-bedroom apartments blends modern design, resort-style amenities, and a prime island location for the ultimate living experience.
- Luxury waterfront living with open layouts & floor-to-ceiling windows
- Designed for discerning buyers seeking premium beachfront residences
- A blend of city vibrance & tranquil coastal living in an exclusive island setting
🚀 If you’re looking for breathtaking sea views and a luxury lifestyle, Edgewater Residences is your perfect home.
🌊 Exclusive Beachfront Amenities for Ultimate Luxury Living
🏡 Wellness & Leisure:
- Infinity Pool Overlooking the Sea – Relax in a stunning waterfront setting
- Spa & Wellness Facilities – Sauna, steam rooms & relaxation areas
- Fully Equipped Gym – Indoor & outdoor fitness spaces
🎭 Social & Lifestyle Experiences:
- Private Beach Access & Lounge Areas – Direct access to Dubai Islands shoreline
- Clubhouse & Seaside Dining – Premium social spaces & gourmet dining options
- Padel Tennis & Sports Courts – Exclusive recreation for residents
🏢 Community & Convenience:
- Kids’ Play Area & Family Spaces – Safe, engaging entertainment zones
- Onsite Retail & Boutique Stores – Daily essentials at your doorstep
- 24/7 Concierge & Security Services – Luxury living with complete peace of mind
Edgewater Residences is a complete lifestyle destination, where luxury meets relaxation.
Prime Location – A Beachfront Retreat with City Connectivity 🚗🌊
📍 Located on Dubai Islands, Edgewater Residences offers seamless access to key locations:
🚗 Key Travel Distances:
- 10 min – Deira & Old Dubai Markets
- 15 min – Dubai Creek Harbour
- 20 min – Downtown Dubai & Burj Khalifa
- 25 min – Dubai International Airport
- 30 min – Dubai Marina & Palm Jumeirah
🏝️ The Best of Island & City Living:
- Direct Beachfront Location – Wake up to the sound of the waves
- Close to Business & Leisure Hubs – DIFC, Dubai Marina & Deira all within reach
- Future Growth Area – Part of Dubai Islands’ master plan for upscale coastal living
A rare opportunity to own a beachfront home in one of Dubai’s most exciting new developments.
Elegant Residences Designed for a Modern Waterfront Lifestyle 🏡✨
📌 Edgewater Residences offers a premium selection of beautifully designed apartments, featuring spacious layouts and high-end finishes.
🛏️ 1-Bedroom Apartments
- Size: 646 – 1,477 sq.ft.
- Starting Price: AED 1.5M – 1.68M
- Perfect for: Young professionals & investors
🛌 2-Bedroom Apartments
- Size: 1,081 – 2,162 sq.ft.
- Starting Price: AED 2.0M – 2.5M
- Perfect for: Families & luxury lifestyle seekers
🏡 3-Bedroom Apartments
- Size: 1,533 – 3,576 sq.ft.
- Starting Price: AED 2.6M – 3.25M
- Perfect for: High-net-worth individuals & beachfront enthusiasts
Open-plan layouts with stunning waterfront & skyline views
Premium finishes with smart home technology & luxury appliances
Spacious balconies & terraces for a seamless indoor-outdoor living experience
Explore the Lifestyle & Amenities at EDGEWATER RESIDENCES PHASE 3
Gym
Gymnasiums
Fitness Center
Tennis Court
Basketball Court
Squash Court
Explore the premium amenities and features
Check how they align with your lifestyle and investment goal.
A Closer Look at the Features of EDGEWATER RESIDENCES PHASE 3
Balcony
Built-in Wardrobes
Walk-in Closet
Central A/C
Open Kitchen
Experience the Views from EDGEWATER RESIDENCES PHASE 3
🌅 The Views from Edgewater Residences – A Panoramic Waterfront Experience
Edgewater Residences offers breathtaking, uninterrupted views of the Arabian Gulf and Dubai’s dynamic skyline, blending tranquility and urban sophistication. Positioned on Dubai Islands, this waterfront retreat allows residents to wake up to golden sunrises over the sea and unwind with spectacular city lights reflecting on the water at night.
🌊 A Front-Row Seat to the Arabian Gulf
From the comfort of your private balcony, experience endless sea views stretching to the horizon.
✔ Crystal-clear turquoise waters of the Arabian Gulf 🌊
✔ Sailboats and yachts gliding across the shore ⛵
✔ Soft ocean breezes and the calming sound of waves 🌬️
The sunset over the water creates a picture-perfect scene, turning the sky into shades of gold, pink, and deep blue—an experience reserved for those who call Edgewater home.
Property Layout & Floor Plan for EDGEWATER RESIDENCES PHASE 3
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Flexible Payment Plan Details For EDGEWATER RESIDENCES PHASE 3
AED 1,415,431
Starting Price
1 Bed
Bedroom
Down Payment
AED 70,772
Under Construction
AED 424,629
Handover
AED 920,030
Download the payment plan for EDGEWATER RESIDENCES PHASE 3
Detailed Payment breakdown for 1 Bed
Down Payment
AED 70,772
Installment 1
AED 141,543
Installment 2
AED 70,772
Installment 3
AED 141,543
Installment 4
AED 70,772
Handover
AED 920,030
About MGS Development Developer
MGS Development, founded in 2013, is a Dubai-based real estate developer specializing in luxury residential and commercial properties. The company’s flagship project, Edgewater Residences, is an exclusive waterfront development located on Dubai Islands, offering residents access to 40 km of new coastline, 21 km of sandy beaches, nine exclusive marinas, 80 world-class hotels, a championship golf course, and ultra-luxury villas. MGS Development has partnered with Ayenk, a Miami-based architectural firm known for its expertise in luxury waterfront design, to create a masterpiece that balances elegance and functionality. The project comprises three 12-storey towers with two podium floors, featuring one-, two-, and three-bedroom semi-fitted apartments with Bosch kitchen appliances. Amenities include indoor and outdoor facilities designed for wellness, recreation, and relaxation. With a commitment to excellence, innovation, and sustainability, MGS Development continues to shape Dubai’s skyline with projects that enrich lives and leave a lasting legacy.
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Master Plan Community
About Dubai Islands
Waterfront Living
Area LifestyleDeira Islands Night Souk
Landmark
Dubai Islands is a visionary development that promises to redefine luxury living in Dubai. It's a collection of stunning islands that will offer a unique blend of waterfront residences, world-class amenities, and a vibrant lifestyle.
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EDGEWATER RESIDENCES PHASE 3 Connectivity & Accessibilities
Al Mamzar Beach Park
Port Rashid
Abra Water Taxis
Sheikh Mohammed Centre for Cultural Understanding
Al Fahidi Historical Neighbourhood
Dubai Museum
BurJuman
Deira City Centre
Dubai International Airport (DXB)
Dubai Frame
Zabeel Park
Dubai Creek Park
Etihad Museum
Dubai Dolphinarium
Wafi Mall
Dubai Garden Glow
Dubai World Trade Centre
Museum of the Future
La Mer Beach
Dubai Festival City Mall
EDGEWATER RESIDENCES PHASE 3 Location & Surroundings
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Project Status and Details for EDGEWATER RESIDENCES PHASE 3
Status
Completion Date
No. of Floors
Year Built
Developer
Discover Dubai Real Estate in One Click: Your Fast Track Guide to Property Opportunities
Dubai's real estate market is full of opportunities for buying, selling, renting, and investing. In 2023 alone, the market saw over AED 407 billion in sales, attracting buyers from around the world. Dubai's prime location, business-friendly environment, and zero property taxes make it the top choice for real estate investments. This guide is designed to help you take advantage of the best opportunities in the Dubai real estate market.
Answer a few simple questions to discover exclusive insights and opportunities just for you. Let's start your journey to finding the perfect property in Dubai!
FAQ
Where is Edgewater Residences located in Dubai? 📍
Edgewater Residences is located on Dubai Islands (Deira), offering luxury beachfront apartments with breathtaking Arabian Gulf views. The development provides seamless access to Downtown Dubai, Deira, and Dubai International Airport.
What types of apartments are available at Edgewater Residences? 🏡
The project features 1, 2, and 3-bedroom luxury apartments, designed with open layouts, floor-to-ceiling windows, and modern finishes. Select units offer spacious balconies and panoramic sea views.
What amenities are available at Edgewater Residences? 🏊♂️💆♂️
🏊 Infinity Pool Overlooking the Sea
🏋️ State-of-the-Art Gym & Outdoor Fitness Areas
🌿 Private Beach Access & Lounge Spaces
🎭 Clubhouse, Co-Working Lounge & Residents’ Cinema
🎾 Paddle Tennis & Sports Courts
🛍 Retail & Fine Dining Options Nearby
How much do apartments cost at Edgewater Residences? 💰
✔ 1-Bedroom: Starting from AED 1.5M – 1.68M
✔ 2-Bedroom: Starting from AED 2.0M – 2.5M
✔ 3-Bedroom: Starting from AED 2.6M – 3.25M
Prices vary based on unit size, floor level, and view. Contact Profound Properties for the latest availability.
What is the payment plan for Edgewater Residences? 💳
✔ 5% Down Payment
✔ 30% During Construction (installments)
✔65% On Handover (2027)
A flexible 35/65 plan is also available for select units, with smaller upfront costs and post-handover payment options.
Is Edgewater Residences a good investment in Dubai? 📈
Yes! Edgewater Residences offers high ROI potential, thanks to:
✔ Prime waterfront location on Dubai Islands 🏝
✔ Projected capital appreciation of 30-40% by handover 📊
✔ Expected rental yields of 7-9% annually 💰
Dubai’s zero-tax policy & strong property demand make it a smart choice for investors.
How close is Edgewater Residences to major landmarks? 🚗
🚗 10 min – Deira & Old Dubai Markets 🛍️
🚗 15 min – Dubai Creek Harbour 🌅
🚗 20 min – Downtown Dubai & Burj Khalifa 🏙
🚗 25 min – Dubai International Airport ✈️
🚗 30 min – Dubai Marina & Palm Jumeirah 🌊
Edgewater Residences offers easy access to business districts, leisure destinations, and Dubai’s best waterfront experiences.
Who is the developer of Edgewater Residences? 🏗️
Edgewater Residences is developed by MGS Development, a Dubai-based real estate company known for high-end residential projects. The project’s architecture was designed in partnership with AYENK, a Miami-based firm specializing in luxury waterfront developments.
What makes Edgewater Residences unique? 🌊
✔ Prime beachfront location on Dubai Islands 🏝
✔ Uninterrupted sea views & private beach access 🌊
✔ Luxury resort-style amenities & high-end finishes 🏡
✔ Flexible payment plans for investors & homebuyers 💳
✔ Projected strong capital growth & rental yields 📈
This is a rare opportunity to own a luxury apartment in one of Dubai’s most exclusive coastal developments.
How can I book a unit in Edgewater
📩 Contact Profound Properties today for floor plans, pricing, and exclusive booking offers!
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Profound Properties
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1618, The Binary Tower, Business Bay, Dubai, UAE, P.O. Box No. 418125. Phone Number: +971 543662210
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