Edgewater Residences Phase 1 3BR Apartment in Dubai Islands — Sea View, Urgent Distress Sale

This is a rare opportunity to acquire a three-bedroom apartment in Edgewater Residences Phase 1 on Dubai Islands at a price below its original purchase value

The unit sits on a high floor with panoramic sea views and is due for handover in Q4 2026, making it equally relevant for end-users planning ahead and investors seeking early-stage capital upside before completion.

Dubai Islands is one of Dubai’s most deliberate waterfront masterplans, and sea-view inventory at this scale is structurally limited. A distress exit from the original buyer creates a direct entry window at below-market cost basis — a position that is difficult to replicate through primary channels at this stage of the project.

Unit Features

– 3-bedroom apartment
– 3 bathrooms
– 1,413 ft² / 131 m²
– High floor
– Panoramic sea view
– Handover Q4 2026
– Distress deal below original price

Architecture & Concept

Edgewater Residences Phase 1 is designed around its coastal setting, with layouts oriented to maximise water views and natural light. The building’s facade and common volumes reflect a contemporary maritime aesthetic consistent with the Dubai Islands masterplan. Apartment proportions at this three-bedroom scale are intended for genuine residential comfort rather than purely compact investor units.

Location & Benefits

– Dubai Islands, emerging coastal district
– Direct waterfront and beach access within the island cluster
– Connected to Deira and central Dubai via the island causeway
– Close proximity to planned retail, hospitality, and marina facilities
– High-demand corridor for both long-term residents and short-term rental guests

Investment Appeal

– Strong short-term and long-term rental demand driven by sea-view position and island lifestyle
– Waterfront inventory on Dubai Islands remains supply-constrained at this floor and view tier
– Capital appreciation expected as the island district matures toward and beyond 2026 handover
– Entry price is below the original purchase price, providing immediate cost-basis advantage over direct buyers

Frequently Asked Questions

Q: When is the expected handover for this unit?
A: Handover is scheduled for Q4 2026.

Q: Is this unit available for short-term rental post-handover?
A: Dubai Islands units with sea views and a residential footprint of this size are well suited to the short-term rental market, subject to the standard DTCM permit process.

Q: Why is the seller listing below the original purchase price?
A: This is a distress sale driven by the seller’s personal circumstances, not by any issue with the project or unit itself — making it a time-sensitive opportunity for a prepared buyer.

Enquire via the form on this page to receive full details and arrange a viewing at your convenience.