407, Edgewater Residences 1
Sold prices and rental history: sold once, by the developer in November 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 407, Edgewater Residences 1
What is 407 worth today?
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Source: Dubai Land Department. Updated 11 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,379 sqft
- Floor
- 4th of 12
- Parking
- 2
- Developer
- MGS Development
- Last sold
- AED 2.63M · November 2024
- Building
- Edgewater Residences 1
About 407, Edgewater Residences 1
407 is a three-bedroom apartment of 1,379 sqft on the 4th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development. The developer sold it on 11 November 2024 for AED 2,630,136, or AED 1,907 per sqft, in line with the AED 1,925 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
3-beds in Edgewater Residences 1, and where 407 sits
All 22 3-beds →407 last sold in November 2024 at AED 1,907 per sqft, in line with what three-beds in Edgewater Residences 1 were fetching at the time (AED 1,925).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Nov 202426 November 2024 | 1,365 sqft | 2,795,681 | 2,047 | ||
| 22 Nov 202422 November 2024 | 1,365 sqft | 2,640,163 | 1,933 | ||
| 22 Nov 202422 November 2024 | 1,365 sqft | 2,447,282 | 1,792 | ||
| 19 Nov 202419 November 2024 | 1,489 sqft | 2,853,559 | 1,916 |
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 | ||
| 406 | 1-bed | 747 sqft | AED 1.54MAED 1,536,076 · Aug 2024August 2024 |
407, Edgewater Residences 1 in numbers
- Sold once: by MGS Development on 11 November 2024 for AED 2,630,136, or AED 1,907 per sqft.
Source: Dubai Land Department. Updated 11 November 2024.
Questions about 407, Edgewater Residences 1
What did unit 407 last sell for?
AED 2,630,136 on 11 November 2024, sold by the developer: AED 1,907 per sqft for 1,379 sqft. It is the only registered sale of the unit.
How big is unit 407?
1,379 sqft (128.1 sqm): a three-bedroom apartment on the 4th floor of a 12-storey tower.
What is unit 407 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 407, Edgewater Residences 1
Starts from the last sale price (AED 2.63M, 11 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,630,136
- Deposit, UAE resident (20%)
- AED 526,027
- Deposit, non-resident (40%)
- AED 1,052,054
- Monthly over 25 years at 3.7%
- AED 10,761
Plus AED 115,475 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →