Apartment by MGS “Edgewater Residences Phase 3”
AED 1,678,000
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Vector icon 1 Beds Vector icon 1 Bath Vector icon 646 sqft

Dubai Islands

Daria
Daria Property broker

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Edgewater Residences Phase 3 1BR Apartment in Dubai Islands — High-Demand Rental Location

A 1-bedroom apartment spanning 60 sq m (646 sq ft) in Edgewater Residences Phase 3 on Dubai Islands — ten minutes from the international airport, steps from the waterfront

Dubai Islands is shaping up as one of the emirate’s most compelling coastal addresses, and Edgewater Residences Phase 3 by MGS Development sits right at its core. This 1-bedroom apartment suits both end-users and investors looking at off-plan property in Dubai with a manageable entry point: the 35/65 payment plan spreads the bulk of the cost to handover, while the location keeps both rental demand and long-term capital growth prospects firmly in view.

Key features of the apartment

— well-defined 1-bedroom layout with clear separation of living zones;
— fully equipped kitchen with Bosch appliances;
— open-plan living and dining area;
— upper-floor units enjoy sea views and panoramic golf course vistas;
— handover — end of 2026.

Edgewater Residences Phase 3 — amenities

— swimming pool and children’s pool;
— fully equipped gym;
— children’s play rooms;
— padel tennis court;
— yacht marina;
— wellness centres and spa services;
— resort-style services for residents.

Architecture and concept

The development comprises three towers — A, B and C — sharing the same configuration: a ground floor, two podium levels and twelve residential floors. The concept centres on waterfront living framed by greenery, striking a balance between urban connectivity and a relaxed, resort-like atmosphere.

About the developer

MGS Development is a UAE-based developer focused on residential projects, with a track record of quality construction and well-considered community amenities.

Payment plan

35/65 instalment structure with stage payments during construction:
— 5% — on booking;
— 10% — within 60 days of booking;
— 5% — September 2025;
— 10% — December 2025;
— 5% — March 2026;
— 65% — on completion (end of 2026).

Location — Dubai Islands

— 10 minutes to Dubai International Airport;
— 20 minutes to Burj Khalifa and Dubai Mall;
— 25 minutes to Burj Al Arab.

Frequently asked questions

How convenient is the location for frequent flyers?
— Highly convenient. Dubai International Airport is just 10 minutes away — a genuine advantage for business travellers and anyone with regular international commitments.

When is the project scheduled for handover?
— Construction is set to complete by the end of 2026.

How much do I need upfront if I buy on the payment plan?
— Just 5% on booking, followed by 10% within 60 days. The remaining 65% is only due at handover — giving buyers time to plan their finances around the construction timeline.

What kitchen appliances are included?
— The apartment comes with integrated Bosch kitchen appliances, so the kitchen is move-in ready from day one.

Is this apartment well-suited for rental income?
— Dubai Islands is a growing coastal destination attracting both long-term residents and short-stay visitors. A 1-bedroom unit in this setting typically sees consistent rental interest across both segments of the market.

Enquire via the form on this page to receive current pricing, floor plans and an investment breakdown for this apartment in Edgewater Residences Phase 3.

Payment plan

On booking
5% + 4000 AED Admin fee
April 2026
10%
June 2026
5%
August 2026
10%
October 2026
5%
On handover
65%

Property information

Handover Date

Q4 2026

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

MGS “Edgewater Residences Phase 3”

MGS Development
MGS Development View developer

Location

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