203, 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 203, Edgewater Residences 1
What is 203 worth today?
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Source: Dubai Land Department. Updated 16 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,063 sqft
- Floor
- 2nd of 12
- Parking
- 1
- Developer
- MGS Development
- Last sold
- AED 2.11M · September 2024
- Building
- Edgewater Residences 1
About 203, Edgewater Residences 1
203 is a two-bedroom apartment of 1,063 sqft on the 2nd 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 2,114,513, or AED 1,988 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 203 sits
All 21 2-beds →203 last sold in September 2024 at AED 1,988 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 2nd floor
All 64 units in Edgewater Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 3-bed | 1,413 sqft | AED 2.53MAED 2,526,146 · Nov 2024November 2024 | ||
| 202 | 2-bed | 1,125 sqft | AED 2.12MAED 2,118,719 · Nov 2024November 2024 | ||
| 204 | 1-bed | 548 sqft | AED 1.19MAED 1,190,986 · Jul 2024July 2024 | ||
| 206 | 1-bed | 747 sqft | AED 1.53MAED 1,528,988 · Jul 2024July 2024 | ||
| 207 | 3-bed | 1,379 sqft | AED 2.46MAED 2,460,837 · Nov 2024November 2024 |
203, Edgewater Residences 1 in numbers
- Sold once: by MGS Development on 16 September 2024 for AED 2,114,513, or AED 1,988 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: Dubai Land Department. Updated 16 September 2024.
Questions about 203, Edgewater Residences 1
What did unit 203 last sell for?
AED 2,114,513 on 16 September 2024, sold by the developer: AED 1,988 per sqft for 1,063 sqft. It is the only registered sale of the unit.
How big is unit 203?
1,063 sqft (98.8 sqm): a two-bedroom apartment on the 2nd floor of a 12-storey tower.
What is unit 203 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 203, Edgewater Residences 1
Starts from the last sale price (AED 2.11M, 16 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,114,513
- Deposit, UAE resident (20%)
- AED 422,903
- Deposit, non-resident (40%)
- AED 845,805
- Monthly over 25 years at 3.7%
- AED 8,651
Plus AED 93,820 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →