1001, Edgewater Residences 1
Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Edgewater Residences 1
What is 1001 worth today?
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Source: Dubai Land Department. Updated 27 August 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,413 sqft
- Floor
- 10th of 12
- Parking
- 2
- Developer
- MGS Development
- Last sold
- AED 2.74M · August 2024
- Building
- Edgewater Residences 1
About 1001, Edgewater Residences 1
1001 is a three-bedroom apartment of 1,413 sqft on the 10th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development. The developer sold it on 27 August 2024 for AED 2,739,490, or AED 1,938 per sqft, in line with the AED 1,931 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
3-beds in Edgewater Residences 1, and where 1001 sits
All 22 3-beds →1001 last sold in August 2024 at AED 1,938 per sqft, in line with what three-beds in Edgewater Residences 1 were fetching at the time (AED 1,931).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Nov 202426 November 2024 | 1,365 sqft | 2,795,681 | 2,047 | ||
| 22 Nov 202422 November 2024 | 1,365 sqft | 2,640,163 | 1,933 | ||
| 22 Nov 202422 November 2024 | 1,365 sqft | 2,447,282 | 1,792 | ||
| 19 Nov 202419 November 2024 | 1,489 sqft | 2,853,559 | 1,916 |
Edgewater Residences 1
Building64 apartments, 1-bed to 3-bed over 12 floors in Dubai Islands by MGS Development. 1 sold in the last 12 months.
- Typical price per sqft
- AED 2,115
- Typical sale
- AED 2.25M
- Typical rent
- Few contracts
- Typical yield
Other units on the 10th floor
All 64 units in Edgewater Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 2-bed | 1,125 sqft | AED 2.3MAED 2,297,536 · Jul 2024July 2024 | ||
| 1003 | 2-bed | 1,063 sqft | AED 2.15MAED 2,154,761 · Nov 2024November 2024 | ||
| 1004 | 1-bed | 548 sqft | AED 1.21MAED 1,212,884 · Sep 2024September 2024 | ||
| 1006 | 1-bed | 747 sqft | AED 1.66MAED 1,656,746 · Jul 2024July 2024 | ||
| 1007 | 3-bed | 1,379 sqft | AED 2.67MAED 2,666,806 · Sep 2024September 2024 |
1001, Edgewater Residences 1 in numbers
- Sold once: by MGS Development on 27 August 2024 for AED 2,739,490, or AED 1,938 per sqft.
Source: Dubai Land Department. Updated 27 August 2024.
Questions about 1001, Edgewater Residences 1
What did unit 1001 last sell for?
AED 2,739,490 on 27 August 2024, sold by the developer: AED 1,938 per sqft for 1,413 sqft. It is the only registered sale of the unit.
How big is unit 1001?
1,413 sqft (131.3 sqm): a three-bedroom apartment on the 10th floor of a 12-storey tower.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1001? Put it on the OpenOffers board
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Mortgage on 1001, Edgewater Residences 1
Starts from the last sale price (AED 2.74M, 27 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,739,490
- Deposit, UAE resident (20%)
- AED 547,898
- Deposit, non-resident (40%)
- AED 1,095,796
- Monthly over 25 years at 3.7%
- AED 11,208
Plus AED 120,069 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →