404, 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.
Property timeline for 404, Edgewater Residences 1
What is 404 worth today?
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Source: Dubai Land Department. Updated 15 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 548 sqft
- Floor
- 4th of 12
- Parking
- 1
- Developer
- MGS Development
- Last sold
- AED 1.12M · July 2024
- Building
- Edgewater Residences 1
About 404, Edgewater Residences 1
404 is a one-bedroom apartment of 548 sqft on the 4th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development. The developer sold it on 15 July 2024 for AED 1,124,672, or AED 2,053 per sqft, in line with the AED 2,053 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
1-beds in Edgewater Residences 1, and where 404 sits
All 21 1-beds →404 last sold in July 2024 at AED 2,053 per sqft, in line with what one-beds in Edgewater Residences 1 were fetching at the time (AED 2,053).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Dec 20246 December 2024 | 747 sqft | 1,649,680 | 2,207 | ||
| 4 Oct 20244 October 2024 | 747 sqft | 1,641,665 | 2,196 | ||
| 27 Sep 202427 September 2024 | 747 sqft | 1,657,221 | 2,217 | ||
| 27 Sep 202427 September 2024 | 548 sqft | 1,212,884 | 2,215 |
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 4th floor
All 64 units in Edgewater Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,413 sqft | AED 2.7MAED 2,700,414 · Nov 2024November 2024 | ||
| 402 | 2-bed | 1,125 sqft | AED 2.26MAED 2,264,851 · Sep 2024September 2024 | ||
| 403 | 2-bed | 1,063 sqft | AED 2.12MAED 2,124,575 · Jul 2024July 2024 | ||
| 406 | 1-bed | 747 sqft | AED 1.54MAED 1,536,076 · Aug 2024August 2024 | ||
| 407 | 3-bed | 1,379 sqft | AED 2.63MAED 2,630,136 · Nov 2024November 2024 |
404, Edgewater Residences 1 in numbers
- Sold once: by MGS Development on 15 July 2024 for AED 1,124,672, or AED 2,053 per sqft.
Source: Dubai Land Department. Updated 15 July 2024.
Questions about 404, Edgewater Residences 1
What did unit 404 last sell for?
AED 1,124,672 on 15 July 2024, sold by the developer: AED 2,053 per sqft for 548 sqft. It is the only registered sale of the unit.
How big is unit 404?
548 sqft (50.9 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower.
What is unit 404 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 404? Put it on the OpenOffers board
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Mortgage on 404, Edgewater Residences 1
Starts from the last sale price (AED 1.12M, 15 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,124,672
- Deposit, UAE resident (20%)
- AED 224,934
- Deposit, non-resident (40%)
- AED 449,869
- Monthly over 25 years at 3.7%
- AED 4,601
Plus AED 52,246 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →