2-bed · 1,385 sqftEdgewater Residences 1, Dubai Islands · 8th floor

805, 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 805 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 2.72M7 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Edgewater Residences 1

What is 805 worth today?

Last sold for AED 2,720,862 in 2024

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7 Aug 2024Sold by developerOff-plan
AED 2,720,862AED 1,964 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 August 2024.

Key facts

Type
2-bed apartment
Size
1,385 sqft
Floor
8th of 12
Parking
1
Developer
MGS Development
Last sold
AED 2.72M · August 2024

About 805, Edgewater Residences 1

805 is a two-bedroom apartment of 1,385 sqft on the 8th floor of Edgewater Residences 1, a 12-storey tower in Dubai Islands by MGS Development. The developer sold it on 7 August 2024 for AED 2,720,862, or AED 1,964 per sqft, in line with the AED 2,015 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 805 sits

All 21 2-beds →

805 last sold in August 2024 at AED 1,964 per sqft, in line with what two-beds in Edgewater Residences 1 were fetching at the time (AED 2,015). Over the last 12 months two-beds sold for AED 2,250,000, around AED 2,115 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Feb 20262,250,000
11 Dec 20242,259,922
21 Nov 20242,118,719
21 Nov 20242,098,283
1 2-bed sale 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 8th floor

All 64 units in Edgewater Residences 1
Value
8013-bedAED 2.73M · Jul 2024
8022-bedAED 2.29M · Aug 2024
8032-bedAED 2.25M · Feb 2026
8041-bedAED 1.13M · Jul 2024
8061-bedAED 1.65M · Sep 2024
8073-bedAED 2.65M · Oct 2024

805, Edgewater Residences 1 in numbers

  • Sold once: by MGS Development on 7 August 2024 for AED 2,720,862, or AED 1,964 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: YallaValue analysis of Dubai Land Department records. Updated 7 August 2024.

Questions about 805, Edgewater Residences 1

What did unit 805 last sell for?

AED 2,720,862 on 7 August 2024, sold by the developer: AED 1,964 per sqft for 1,385 sqft. It is the only registered sale of the unit.

How big is unit 805?

1,385 sqft (128.7 sqm): a two-bedroom apartment on the 8th floor of a 12-storey tower.

What is unit 805 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.

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Mortgage on 805, Edgewater Residences 1

Starts from the last sale price (AED 2.72M, 7 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,720,862
Deposit, UAE resident (20%)
AED 544,172
Deposit, non-resident (40%)
AED 1,088,345
Monthly over 25 years at 3.7%
AED 11,132

Plus AED 119,286 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →