Dubai Islands
Edgewater Residences 3
Homes
Residences
Handover
Q4 2026
Status
Off-plan
Down payment
5%
Payment plan
35/65
Price on request
by MGS Development
Edgewater Residences 3 is an off-plan project by MGS Development in Dubai Islands, Dubai. Handover is listed for Q4 2026. The listing shows a 5% down payment on a 35/65 payment plan. Details can change between releases, so we confirm the current ones before you commit. Register your interest with us for floor plans, the payment plan and availability.
Project details
Developer
MGS Development
Community
Home types
Residences
Handover
Q4 2026
Project status
Off-plan
Location
Edgewater Residences 3 is in Dubai Islands, Dubai. The map shows the area, not the exact plot.
Open in Google Maps ↗Dubai Islands in numbers
Sales recorded
5,271
Median price
AED 2.85M
Median price per sqft
AED 2,710
Gross rental yield
4%
Dubai Islands recorded 5,271 registered sales in the 12 months to Sep 2026, at a median of AED 2.85M, or AED 2,710 per square foot. These are Dubai Land Department transactions, not asking prices, so they are what buyers actually paid.
Edgewater Residences 3 questions
Where is Edgewater Residences 3 located?
Edgewater Residences 3 is in Dubai Islands, Dubai, Dubai.
When does Edgewater Residences 3 hand over?
Handover is listed for Q4 2026. Off-plan handover dates move, so ask us for the current schedule before you commit.
Who is the developer of Edgewater Residences 3?
Edgewater Residences 3 is developed by MGS Development.
What do homes in Dubai Islands sell for?
Dubai Islands recorded 5,271 registered Dubai Land Department sales in the 12 months to Sep 2026, at a median of AED 2.85M and AED 2,710 per square foot. Edgewater Residences 3 has not published its price list yet, so ask us for launch pricing when it is released.
Is Dubai Islands a good area to invest in?
On the numbers, Dubai Islands is an active market: 5,271 sales registered with the DLD in the 12 months to Sep 2026 at a median of AED 2,710 per square foot. Volume that high means you can sell again when you want to, which matters more than a headline yield. Whether it suits you depends on whether you want income or capital growth, and we will pull the rental performance for the specific unit type you are considering.
Can foreigners buy at Edgewater Residences 3?
Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. Ask us to confirm the ownership type on this specific project before you pay anything.
What is the payment plan on Edgewater Residences 3?
Listings show down payment 5%, payment plan 35/65. Plans are set by the developer per release and change between phases, so treat these figures as a starting point. On a project registered with the Dubai Land Department, payments go into a RERA-regulated escrow account rather than to the developer directly. Before you pay anything, check that this project is on the register. Ask us for the current schedule, including whether there is a post-handover element.