Apartment by ANAX DEVELOPMENTS “ELLE Residences Dubai Islands”

AED 2,000,000

Discount: 5% of original price AED 2,100,000
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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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Dubai Islands 1BR Apartment — Below Original Price, 5% Below OP

Edgewater at Dubai Islands presents a one-bedroom apartment on a high floor, offered here at a selling price below its original purchase and DLD-registered value. The unit is under construction with handover targeted for Q4 2026, making this an off-plan resale entry at a genuine discount before completion closes the gap.

Unit Features:

– One-bedroom apartment
– 849 sqft total area
– 78.9 sqm approximate
– High-floor position
– Unfurnished, off-plan resale
– 35/65 payment plan
– Q4 2026 handover
– Distress deal below original price

Complex Amenities:

– Direct beach access
– Adjacent retail mall
– Waterfront promenade

Architecture & Concept:

Edgewater is a residential tower designed around coastal living on Dubai Islands, integrating sea-facing orientations with contemporary facade lines. The building positions residents within immediate reach of both the shoreline and planned island retail infrastructure. High-floor units benefit from unobstructed water and island views as the surrounding masterplan matures.

About the Developer:

MGS Development is an active player in Dubai’s emerging island districts, focused on waterfront residential projects tied to the Dubai Islands masterplan.

Location & Benefits:

– Dubai Islands, Deira waterfront
– Minutes to island beach
– Adjacent to community mall
– Connected to Deira and mainland Dubai via island bridges
– High-demand coastal corridor with limited completed supply

Investment Appeal:

– Strong rental appetite for waterfront one-bedrooms
– Below-original-price entry creates immediate equity buffer
– Island masterplan appreciation expected as infrastructure completes
– 35/65 plan reduces capital commitment before handover
– Limited resale inventory at this price point on Dubai Islands
– Completion-driven value uplift anticipated through Q4 2026

Frequently Asked Questions:

Q: What is the payment structure for this resale unit?
A: The original 35/65 plan applies, with 35 percent paid and the balance due on handover in Q4 2026.

Q: Why is this unit priced below its original purchase value?
A: The seller requires a swift exit, creating a distress opportunity at a price below the DLD-registered original.

Q: Is Dubai Islands a freehold area for all nationalities?
A: Yes, Dubai Islands falls within a designated freehold zone, open to international buyers.

Enquire through the form on this page to receive full payment schedule details and arrange a direct consultation on this distress opportunity before it is absorbed by the market.

Payment plan

On booking
10% + 4% DLD + 5000 AED Admin fee + 1100 AED Registration fees
March 2026
10%
August 2026
5%
February 2027
5%
On completion
70%

Property information

Handover Date

September 30, 2027

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

ANAX DEVELOPMENTS “ELLE Residences Dubai Islands”

Amenities

  • Bar
  • Cabanas
  • Concierge Service
  • Covered Kids Play Area
  • Covered Parking
  • Covered gym
  • Dining outlets (coffee houses & restaurants)
  • Fitness Zone
  • Jogging tracks
  • Landscaped garden
  • Laundry
  • Lavish Sundeck
  • Leisure areas
  • Lift
  • Lobby
  • Lounge
  • Maintenance warranty
  • Meditation zone
  • Open Kids Play Area
  • Open air gym
  • Outdoor Yoga
  • Outdoor cinema
  • Pool Deck
  • Pool Lounge
  • Recreational areas
  • Retail outlets
  • Sauna
  • Security and CCTV
  • Shared Jacuzzi
  • Shared Pool
  • Shared gym
  • Shared gym & fitness
  • Sitting Area
  • Smart home
  • Social zone
  • Valet parking
ANAX Developments
ANAX Developments View developer

Location

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