703, 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 703, Edgewater Residences 1
What is 703 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 17 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,051 sqft
- Floor
- 7th of 12
- Parking
- 1
- Developer
- MGS Development
- Last sold
- AED 2.11M · July 2024
- Building
- Edgewater Residences 1
About 703, Edgewater Residences 1
703 is a two-bedroom apartment of 1,051 sqft on the 7th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development. The developer sold it on 17 July 2024 for AED 2,108,344, or AED 2,006 per sqft, in line with the AED 2,006 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 703 sits
All 21 2-beds →703 last sold in July 2024 at AED 2,006 per sqft, in line with what two-beds in Edgewater Residences 1 were fetching at the time (AED 2,006). 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 7th floor
All 64 units in Edgewater Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,489 sqft | AED 2.87MAED 2,866,584 · Sep 2024September 2024 | ||
| 702 | 2-bed | 1,128 sqft | AED 2.28MAED 2,281,711 · Aug 2024August 2024 | ||
| 704 | 1-bed | 551 sqft | AED 1.14MAED 1,137,181 · Jul 2024July 2024 | ||
| 706 | 1-bed | 747 sqft | AED 1.65MAED 1,649,680 · Dec 2024December 2024 | ||
| 707 | 3-bed | 1,365 sqft | AED 2.8MAED 2,795,681 · Nov 2024November 2024 |
703, Edgewater Residences 1 in numbers
- Sold once: by MGS Development on 17 July 2024 for AED 2,108,344, or AED 2,006 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 17 July 2024.
Questions about 703, Edgewater Residences 1
What did unit 703 last sell for?
AED 2,108,344 on 17 July 2024, sold by the developer: AED 2,006 per sqft for 1,051 sqft. It is the only registered sale of the unit.
How big is unit 703?
1,051 sqft (97.6 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower.
What is unit 703 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 703? 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 703, Edgewater Residences 1
Starts from the last sale price (AED 2.11M, 17 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,108,344
- Deposit, UAE resident (20%)
- AED 421,669
- Deposit, non-resident (40%)
- AED 843,338
- Monthly over 25 years at 3.7%
- AED 8,626
Plus AED 93,561 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →