602, 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 602, Edgewater Residences 1
What is 602 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,125 sqft
- Floor
- 6th of 12
- Parking
- 1
- Developer
- MGS Development
- Last sold
- AED 2.28M · August 2024
- Building
- Edgewater Residences 1
About 602, Edgewater Residences 1
602 is a two-bedroom apartment of 1,125 sqft on the 6th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development. The developer sold it on 26 August 2024 for AED 2,275,746, or AED 2,023 per sqft, in line with the AED 2,020 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 602 sits
All 21 2-beds →602 last sold in August 2024 at AED 2,023 per sqft, in line with what two-beds in Edgewater Residences 1 were fetching at the time (AED 2,020). 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 6th floor
All 64 units in Edgewater Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 1,413 sqft | AED 2.71MAED 2,713,439 · Sep 2024September 2024 | ||
| 603 | 2-bed | 1,063 sqft | AED 2.13MAED 2,134,637 · Sep 2024September 2024 | ||
| 604 | 1-bed | 548 sqft | AED 1.13MAED 1,129,818 · Aug 2024August 2024 | ||
| 606 | 1-bed | 747 sqft | AED 1.64MAED 1,641,665 · Oct 2024October 2024 | ||
| 607 | 3-bed | 1,379 sqft | AED 2.64MAED 2,642,359 · Nov 2024November 2024 |
602, Edgewater Residences 1 in numbers
- Sold once: by MGS Development on 26 August 2024 for AED 2,275,746, or AED 2,023 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 26 August 2024.
Questions about 602, Edgewater Residences 1
What did unit 602 last sell for?
AED 2,275,746 on 26 August 2024, sold by the developer: AED 2,023 per sqft for 1,125 sqft. It is the only registered sale of the unit.
How big is unit 602?
1,125 sqft (104.5 sqm): a two-bedroom apartment on the 6th floor of a 12-storey tower.
What is unit 602 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.
Selling 602? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 602, Edgewater Residences 1
Starts from the last sale price (AED 2.28M, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,275,746
- Deposit, UAE resident (20%)
- AED 455,149
- Deposit, non-resident (40%)
- AED 910,298
- Monthly over 25 years at 3.7%
- AED 9,311
Plus AED 100,591 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →