Edgewater Residences Phase 2 By MGS
Dubai Islands · by MGS · Dubai
The record
| Developer | MGS |
|---|---|
| Community | Dubai Islands |
| City | Dubai |
| Sale status | Booking open |
| Construction | Under construction |
| Classification | Off-plan |
| Property types | Apartment |
| Bedrooms offered | 1, 2, 3 |
| Priced unit records | 3 |
| Unit plans listed | 1 |
Read from developer-published inventories on 2026-07-30. Blank means the developer published nothing, not that the answer is zero.
Where this price sits
AED 2,427 per sqft, 3% below the Dubai Islands median, and 20% above the Dubai median.
AED per sqft of built-up area, the median across 3 priced records published for this project, measured the same way for every project in the corpus so the three readings above are comparable. Asking prices, not transactions. See methodology.
MGS publishes 191 priced records across 3 projects in Dubai Islands, at a median of AED 2,758 per sqft, 11% above the rate for the address as a whole. The full benchmark, every rival builder in Dubai Islands beside it, is on MGS in Dubai Islands.
The payment plan
On the published entry price of AED 1,945,300 that is AED 1,167,180 before handover. Run other prices through the payment plan calculator.
Booking, construction and handover are three independent medians, so they are normalised to 100 before drawing and the handover share carries the remainder. 12% of plans in Dubai Islands schedule instalments after the keys.
More in Dubai Islands
- AED/sqft
- 2,767
- From
- AED 2.18M
- Handover
- Q4 2026
- Before keys
- 35%
- AED/sqft
- 3,038
- From
- AED 1.75M
- Handover
- Q2 2027
- Before keys
- 40%
- AED/sqft
- 2,204
- From
- AED 1.77M
- Handover
- Q2 2027
- Before keys
- 60%
- AED/sqft
- 4,100
- From
- AED 2.99M
- Handover
- Q1 2028
- Before keys
- 35%
- AED/sqft
- 2,799
- From
- AED 2.07M
- Handover
- Q1 2028
- Before keys
- 50%
- AED/sqft
- 3,937
- From
- AED 3.94M
- Handover
- Q3 2028
- Before keys
- 35%
The full report: every community, every developer, ranked.
Dubai Islands, Dubai in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.
OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.