Apartment by MGS “Edgewater Residences Phase 1”

AED 1,900,000

Discount: 5% of original price AED 2,000,000
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Vector icon 1 Beds Vector icon 1 Bath Vector icon 849 sqft

Dubai Islands

Daria
Daria Property broker

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1-Bedroom Apartment 849 sq.ft in Edgewater Residences, Dubai Islands — High-Floor Distress Sale Below Original Price.

1-Bedroom Apartment 849 sq.ft in Edgewater Residences, Dubai Islands — High-Floor Distress Sale Below Original Price.

This 1-bedroom apartment with an area of 849 sq.ft is located in Edgewater Residences, a premium waterfront development on Dubai Islands by MGS Development. Available on the secondary market, this is a distress sale offered AED 100,000 below the original purchase price, creating an outstanding opportunity for investors and end-users looking to secure a premium waterfront residence before completion.

Positioned on a high floor, the apartment features a spacious open-plan layout, contemporary interiors, floor-to-ceiling windows, and premium-quality finishes. The residence enjoys a prime location next to the beach and a shopping mall, offering an ideal balance of lifestyle, convenience, and investment potential. Handover is scheduled for Q4 2026.

Apartment Features:

— Area: 849 sq.ft;
— 1 bedroom;
— High-floor location;
— Open-plan living and dining area;
— Floor-to-ceiling windows;
— Premium-quality finishes;
— Contemporary layout;
— Secondary market property;
— Handover: Q4 2026.

Key Benefits:

Distress sale at AED 100,000 below the original purchase price;
— Prime waterfront location on Dubai Islands;
— High-floor residence;
— Walking distance to the beach and shopping mall;
— Excellent opportunity for both homeowners and investors;
— Strong long-term capital appreciation potential.

Community Amenities:

— Resort-style swimming pool;
— Modern fitness center;
— Landscaped gardens;
— Children’s play areas;
— Beach access;
— Retail and dining outlets;
— Leisure areas;
— 24/7 security.

Architecture and Concept:

Edgewater Residences is designed to deliver a modern waterfront lifestyle with elegant architecture, contemporary interiors, and thoughtfully designed public spaces. The project combines coastal living with premium amenities, creating an exclusive residential environment on one of Dubai’s newest island destinations.

Location:

Edgewater Residences is located on Dubai Islands, providing convenient access to Dubai’s major lifestyle and business destinations.

Travel times include:
— Beachfront;
— Shopping mall;
— Downtown Dubai;
— Dubai International Airport;
— Major road networks.

Why Invest:

— Purchase AED 100,000 below the original price;
— Prestigious waterfront address on Dubai Islands;
— High-floor apartment with strong resale appeal;
— Excellent rental demand for beachfront residences;
— Attractive 35/65 payment plan before handover.

Additional materials (photos, floor plans, project presentation, and purchase terms) are available upon request.

Frequently Asked Questions:

What is the apartment size?

849 sq.ft.

Is this a secondary market property?

— Yes. The apartment is available on the secondary market.

When is the project scheduled for completion?

Q4 2026.

Why is this apartment attractive for investment?

— It is a distress sale offered AED 100,000 below the original purchase price in a premium waterfront development on Dubai Islands.

What payment plan is available?

— The apartment is available with a 35/65 payment plan.

Contact me to receive a consultation, current prices, and available floor plans for apartments in Edgewater Residences.

Payment plan

On booking
10% + 4000 AED Admin fee
April 2026
10%
May 2026
20%
July 2026
10%
August 2026
10%
On handover
40%

Property information

Handover Date

October 1, 2026

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

MGS “Edgewater Residences Phase 1”

Amenities

  • Kids Play Area
  • Leisure areas
  • Lift
  • Lobby
  • Recreational areas
  • Security and CCTV
  • Shared Pool
  • Shared gym
  • Shared gym & fitness
  • Social zone
  • Walking paths
MGS Development
MGS Development View developer

Location

Contact broker to learn more and get special offers.