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Edgewater Residences Developer render

Edgewater ResidencesMGS Development · The beach & the resorts

Three buildings two blocks back from the beach, by a developer with no completed project yet.

Under 2MUnder construction1–3 bedFrom AED 1.47M*

The project

Two streets from the sand.

Edgewater Residences is MGS Development’s flagship, in three phases two blocks back from the beach front (Propsearch). Its handover date has passed and the latest progress figure we found is 15.74 % (Property Finder, November 2025): ask for the current status before buying.

  • Two blocks from the beach front
  • Pool, gym, terraces, children’s play area
  • Delivery date passed: check progress first

Developer

MGS Development

MGS Development (DLD no. 1624, May 2023) is building the three Edgewater Residences buildings; Propsearch lists no completed project.

The developer and its Dubai Islands projects

Developer
MGS Development
Location
The beach & the resorts
Status
Under construction
Homes
1 to 3-bedroom apartments · 15 storeys, three phases
Starting price
AED 1,470,000*Phase 1, lowest resale asking price on Property Finder, 29 Sep 2026 (developer record: AED 1,100,000); sold out at the developer
Payment plan
10 % · 50 % · 40 % at handover (Property Finder)
Handover
Q3 2026 target passedPropsearch: estimated handover “was Q3 2026”; Property Finder July 2026, with progress 15.74 % at its November 2025 inspection
Edgewater ResidencesDeveloper render
Edgewater ResidencesDeveloper render

Sources · Facts checked 29 September 2026

  • arabianbusiness.com · industries/real-estate/mgs-development-unveils-new-luxury-waterfront-edgewater-r
  • propertyfinder.ae · en/new-projects/mgs-development/edgewater-residences
  • propsearch.ae · dubai/edgewater-residences
  • cbnme.com · news/mgs-development-launches-edgewater-residences-on-dubai-islands/

* Starting prices are the lowest published by the source named on each project page, as checked on 29 September 2026: the developer’s own price, a developer press release, or the project record of a property portal. They are indicative, can change without notice as units sell, exclude the 4% Dubai Land Department fee, agency fees and service charges, and are confirmed in writing with each enquiry.

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