406, 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 406, Edgewater Residences 1
What is 406 worth today?
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Source: Dubai Land Department. Updated 5 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 747 sqft
- Floor
- 4th of 12
- Parking
- 1
- Developer
- MGS Development
- Last sold
- AED 1.54M · August 2024
- Building
- Edgewater Residences 1
About 406, Edgewater Residences 1
406 is a one-bedroom apartment of 747 sqft on the 4th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development. The developer sold it on 5 August 2024 for AED 1,536,076, or AED 2,055 per sqft, in line with the AED 2,063 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 406 sits
All 21 1-beds →406 last sold in August 2024 at AED 2,055 per sqft, in line with what one-beds in Edgewater Residences 1 were fetching at the time (AED 2,063).
| 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 | ||
| 404 | 1-bed | 548 sqft | AED 1.12MAED 1,124,672 · Jul 2024July 2024 | ||
| 407 | 3-bed | 1,379 sqft | AED 2.63MAED 2,630,136 · Nov 2024November 2024 |
406, Edgewater Residences 1 in numbers
- Sold once: by MGS Development on 5 August 2024 for AED 1,536,076, or AED 2,055 per sqft.
Source: Dubai Land Department. Updated 5 August 2024.
Questions about 406, Edgewater Residences 1
What did unit 406 last sell for?
AED 1,536,076 on 5 August 2024, sold by the developer: AED 2,055 per sqft for 747 sqft. It is the only registered sale of the unit.
How big is unit 406?
747 sqft (69.4 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower.
What is unit 406 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 406, Edgewater Residences 1
Starts from the last sale price (AED 1.54M, 5 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,536,076
- Deposit, UAE resident (20%)
- AED 307,215
- Deposit, non-resident (40%)
- AED 614,430
- Monthly over 25 years at 3.7%
- AED 6,285
Plus AED 69,525 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →