1103, Edgewater Residences 1
Sold prices and rental history: sold once, by the developer in September 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 1103, Edgewater Residences 1
What is 1103 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,051 sqft
- Floor
- 11th of 12
- Parking
- 1
- Developer
- MGS Development
- Last sold
- AED 2.14M · September 2024
- Building
- Edgewater Residences 1
About 1103, Edgewater Residences 1
1103 is a two-bedroom apartment of 1,051 sqft on the 11th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development. The developer sold it on 16 September 2024 for AED 2,138,530, or AED 2,035 per sqft, in line with the AED 2,016 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
2-beds in Edgewater Residences 1, and where 1103 sits
All 21 2-beds →1103 last sold in September 2024 at AED 2,035 per sqft, in line with what two-beds in Edgewater Residences 1 were fetching at the time (AED 2,016). Over the last 12 months two-beds sold for AED 2,250,000, around AED 2,115 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 1,063 sqft | 2,250,000 | 2,115 | ||
| 11 Dec 202411 December 2024 | 1,128 sqft | 2,259,922 | 2,004 | ||
| 21 Nov 202421 November 2024 | 1,125 sqft | 2,118,719 | 1,883 | ||
| 21 Nov 202421 November 2024 | 1,051 sqft | 2,098,283 | 1,997 |
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 11th floor
All 64 units in Edgewater Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 3-bed | 1,489 sqft | AED 2.89MAED 2,892,634 · Aug 2024August 2024 | ||
| 1102 | 2-bed | 1,128 sqft | AED 2.3MAED 2,303,501 · Sep 2024September 2024 | ||
| 1104 | 1-bed | 551 sqft | AED 1.15MAED 1,152,619 · Sep 2024September 2024 | ||
| 1106 | 1-bed | 747 sqft | AED 1.66MAED 1,664,762 · Sep 2024September 2024 | ||
| 1107 | 3-bed | 1,365 sqft | AED 2.65MAED 2,652,386 · Oct 2024October 2024 |
1103, Edgewater Residences 1 in numbers
- Sold once: by MGS Development on 16 September 2024 for AED 2,138,530, or AED 2,035 per sqft.
- Two-beds in Edgewater Residences 1 sold for AED 2,250,000–2,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,115 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 16 September 2024.
Questions about 1103, Edgewater Residences 1
What did unit 1103 last sell for?
AED 2,138,530 on 16 September 2024, sold by the developer: AED 2,035 per sqft for 1,051 sqft. It is the only registered sale of the unit.
How big is unit 1103?
1,051 sqft (97.6 sqm): a two-bedroom apartment on the 11th floor of a 12-storey tower.
What is unit 1103 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Edgewater Residences 1 sold for AED 2,250,000 to 2,250,000 in the last 12 months, around AED 2,115 per sqft.
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Mortgage on 1103, Edgewater Residences 1
Starts from the last sale price (AED 2.14M, 16 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,138,530
- Deposit, UAE resident (20%)
- AED 427,706
- Deposit, non-resident (40%)
- AED 855,412
- Monthly over 25 years at 3.7%
- AED 8,749
Plus AED 94,828 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →