Project Overview
Edgewater Residences Phase 3 is an exclusive project from the developer MGS Development and is the third phase of three in the residential complex .The building comprises Towers A, B, and C, consisting of a ground floor, two podium levels, and twelve residential floors, designed for those seeking refined coastal living amid greenery and unspoiled shores. The complex offers apartments with one, two, and three bedrooms, each with a thoughtful design and high-quality finishes. The semi-equipped apartments are equipped with modern Bosch kitchen appliances, and the upper floors offer spectacular views of the sea and picturesque golf courses. The complex offers residents a unique opportunity to enjoy a luxurious lifestyle, including a swimming pool, a children's pool, a gym, children's playrooms, a padel court, resort services, a marina, modern wellness centers, and much more. The strategically advantageous location of the complex allows residents to easily reach key locations in Dubai. Dubai International Airport is just 10 minutes away, and the Burj Khalifa and Dubai Mall, the largest shopping mall, can be reached in 20 minutes, while the Burj Al Arab Sail Hotel is about 25 minutes away.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Astraterra Properties
Official Documents
Download official marketing materials from MGS Development.
Payment Structure
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Amenities & Lifestyle
Location
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Developer and Project Facts
Edgewater Residences Phase 3 by MGS Development
Located in Dubai Islands
Starting from AED 2,178,736
Unit mix includes 1 BR, 2 BR, 3 BR, Apartments
Expected handover: Dec 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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