1-bed · 548 sqftEdgewater Residences 1, Dubai Islands · 6th floor

604, 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.

Unit 604 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 1.13M5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Edgewater Residences 1

What is 604 worth today?

Last sold for AED 1,129,818 in 2024

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5 Aug 2024Sold by developerOff-plan
AED 1,129,818AED 2,063 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
1-bed apartment
Size
548 sqft
Floor
6th of 12
Parking
1
Developer
MGS Development
Last sold
AED 1.13M · August 2024

About 604, Edgewater Residences 1

604 is a one-bedroom apartment of 548 sqft on the 6th 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 1,129,818, or AED 2,063 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 604 sits

All 21 1-beds →

604 last sold in August 2024 at AED 2,063 per sqft, in line with what one-beds in Edgewater Residences 1 were fetching at the time (AED 2,063).

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 6th floor

All 64 units in Edgewater Residences 1
Value
6013-bedAED 2.71M · Sep 2024
6022-bedAED 2.28M · Aug 2024
6032-bedAED 2.13M · Sep 2024
6061-bedAED 1.64M · Oct 2024
6073-bedAED 2.64M · Nov 2024

604, Edgewater Residences 1 in numbers

  • Sold once: by MGS Development on 5 August 2024 for AED 1,129,818, or AED 2,063 per sqft.

Source: Dubai Land Department. Updated 5 August 2024.

Questions about 604, Edgewater Residences 1

What did unit 604 last sell for?

AED 1,129,818 on 5 August 2024, sold by the developer: AED 2,063 per sqft for 548 sqft. It is the only registered sale of the unit.

How big is unit 604?

548 sqft (50.9 sqm): a one-bedroom apartment on the 6th floor of a 12-storey tower.

What is unit 604 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 604, Edgewater Residences 1

Starts from the last sale price (AED 1.13M, 5 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,129,818
Deposit, UAE resident (20%)
AED 225,964
Deposit, non-resident (40%)
AED 451,927
Monthly over 25 years at 3.7%
AED 4,622

Plus AED 52,463 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →