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Project profile

Edgewater Residences 3 Project · Dubai Islands · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: M G S Development

Registered salesLast 12 months
36
Median off-plan pricePer sq ft
AED 2,820
Construction progressDLD end date Jan 2027
30.4%

Data to 4 November 2026

Dubai Land Department lists the project as under construction, 30.4% complete, with a DLD end date of 31 January 2027. In the last 12 months, Dubai Land Department registered 36 sales in Edgewater Residences 3, worth AED 90.2M in total. The median off-plan price was 2,820 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions. Asking prices are aggregates of property portal listings.

Abstract illustration, not an architectural rendering

A project, in progress.

Construction progress30.4%

Under construction

Start
30 November 2024
DLD end date
31 January 2027
Units
328
Buildings
3

DLD progress 30.4% (register read on 1 November 2026); 89% of the registered period (30 November 2024 to 31 January 2027) has passed. How this is worked out

Launch and latest registrations.

Launch priceFirst 90 days from Mar 2025, 67 home sales
AED 2,550
Last 12 months36 home sales
AED 2,820
ChangeSame home types, AED/sqft
+6.4%

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Edgewater Residences 3 registered prices, over time.

Median registered price, AED per sq ft

Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Off-plan (registered sales)
Mar 2025 — 1 sale
Apr 2025 2,481 AED/sqft 26 sales
May 2025 2,550 AED/sqft 21 sales
Jun 2025 2,618 AED/sqft 24 sales
Jul 2025 2,380 AED/sqft 17 sales
Aug 2025 2,508 AED/sqft 13 sales
Sep 2025 2,451 AED/sqft 5 sales
Oct 2025 — 3 sales
Nov 2025 3,485 AED/sqft 5 sales
Dec 2025 — 3 sales
Jan 2026 2,636 AED/sqft 5 sales
Feb 2026 — 4 sales
Mar 2026 2,798 AED/sqft 10 sales
Apr 2026 — 4 sales
May 2026 — 1 sale
Jun 2026 — 1 sale
Jul 2026 — 1 sale
Aug 2026 —
Sep 2026 — 2 sales

What does each home type sell and rent for in Edgewater Residences 3?

  • Apartment · 1 bed

    Median price, all sales
    AED 2.2M
    AED/sqft
    2,820
    Sales
    32

Last 12 months. Prices are medians of at least 5 registered sales, ready and off-plan together.

Service charges.

In the area report.

The Dubai Islands area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Dubai Islands area report

Explore the towers.

Asking prices against sales

  • Property portal asking prices8.8%above registered sale pricesGap in 1 segment

Property portal asking prices are compared with registered sales per segment (same market, property type and bedrooms), only where there are at least 10 listings and 10 sales. No individual listing is shown.

The latest registered sales in Edgewater Residences 3.

  • 3 Nov 2026

    Apartment1 bedOff-plan786 sqft

    Building B

    AED 2,178,7362,772 AED/sqft

  • 10 Sep 2026

    Apartment1 bedOff-plan846 sqft

    Building B

    AED 2,236,3542,643 AED/sqft

  • 8 Sep 2026

    Apartment1 bedOff-plan786 sqft

    Building B

    AED 2,275,8802,896 AED/sqft

  • 16 Jul 2026

    Apartment1 bedOff-plan786 sqft

    Building B

    AED 2,227,4582,834 AED/sqft

  • 4 Jun 2026

    Apartment2 bedsOff-plan1,261 sqft

    Building C

    AED 2,999,5432,379 AED/sqft

  • 11 May 2026

    Apartment1 bedOff-plan789 sqft

    Building B

    AED 2,235,6922,834 AED/sqft

  • 28 Apr 2026

    Apartment1 bedOff-plan846 sqft

    Building B

    AED 2,238,9142,646 AED/sqft

  • 14 Apr 2026

    Apartment1 bedOff-plan787 sqft

    Building B

    AED 2,199,6082,795 AED/sqft

  • 10 Apr 2026

    Apartment1 bedOff-plan795 sqft

    Building B

    AED 2,232,2552,808 AED/sqft

  • 1 Apr 2026

    Apartment1 bedOff-plan849 sqft

    Building B

    AED 2,234,4882,632 AED/sqft

Questions about Edgewater Residences 3

What is the price per sq ft in Edgewater Residences 3?

In the 12 months to 4 November 2026, the median registered off-plan sale price was 2,820 AED/sqft.

How many homes were sold in Edgewater Residences 3 in the last 12 months?

In the last 12 months, Dubai Land Department registered 36 sales in Edgewater Residences 3, worth AED 90.2M in total. The median off-plan price was 2,820 AED/sqft. Registered sales to 4 November 2026.

When is Edgewater Residences 3 due to be completed?

Dubai Land Department lists the project as under construction, 30.4% complete, with a DLD end date of 31 January 2027. An end date is the date in the DLD register, not a handover forecast.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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