1-bed · 747 sqftEdgewater Residences 1, Dubai Islands · 3rd floor

306, Edgewater Residences 1

Sold prices and rental history: sold once, by the developer in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 1.53M12 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Edgewater Residences 1

What is 306 worth today?

Last sold for AED 1,529,434 in 2024

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12 Jul 2024Sold by developerOff-plan
AED 1,529,434AED 2,046 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 July 2024.

Key facts

Type
1-bed apartment
Size
747 sqft
Floor
3rd of 12
Parking
1
Developer
MGS Development
Last sold
AED 1.53M · July 2024

About 306, Edgewater Residences 1

306 is a one-bedroom apartment of 747 sqft on the 3rd floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development. The developer sold it on 12 July 2024 for AED 1,529,434, or AED 2,046 per sqft.

No rental contract for the unit is registered on Ejari.

1-beds in Edgewater Residences 1, and where 306 sits

All 21 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
6 Dec 20241,649,680
4 Oct 20241,641,665
27 Sep 20241,657,221
27 Sep 20241,212,884
0 1-bed sales in the last 12 months

Edgewater Residences 1

Building

64 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
Edgewater Residences 1, Dubai Islands: prices, sales and rents →

Other units on the 3rd floor

All 64 units in Edgewater Residences 1
Value
3013-bedAED 2.67M · Nov 2024
3022-bedAED 2.26M · Dec 2024
3032-bedAED 2.22M · Nov 2024
3041-bedAED 1.2M · Aug 2024
3073-bedAED 2.45M · Nov 2024

306, Edgewater Residences 1 in numbers

  • Sold once: by MGS Development on 12 July 2024 for AED 1,529,434, or AED 2,046 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 July 2024.

Questions about 306, Edgewater Residences 1

What did unit 306 last sell for?

AED 1,529,434 on 12 July 2024, sold by the developer: AED 2,046 per sqft for 747 sqft. It is the only registered sale of the unit.

How big is unit 306?

747 sqft (69.4 sqm): a one-bedroom apartment on the 3rd floor of a 12-storey tower.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 306, Edgewater Residences 1

Starts from the last sale price (AED 1.53M, 12 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,529,434
Deposit, UAE resident (20%)
AED 305,887
Deposit, non-resident (40%)
AED 611,774
Monthly over 25 years at 3.7%
AED 6,257

Plus AED 69,246 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →