2-bed · 1,498 sqftEdgewater Residences 2, Dubai Islands · 12th floor · completed 2026

1203, Edgewater Residences 2

Sold prices and rental history: sold once, by the developer in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 17 March 2025
Last soldAED 2.92M17 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Edgewater Residences 2

What is 1203 worth today?

Last sold for AED 2,923,167 in 2025

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17 Mar 2025Sold by developerOff-plan
AED 2,923,167AED 1,951 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 March 2025.

Key facts

Type
2-bed apartment
Size
1,498 sqft
Floor
12th of 12
Parking
1
Developer
MGS Development
Completed
2026
Last sold
AED 2.92M · March 2025

About 1203, Edgewater Residences 2

1203 is a two-bedroom apartment of 1,498 sqft on the 12th floor of Edgewater Residences 2, a 12-storey tower in Dubai Islands completed in 2026 by MGS Development. The developer sold it on 17 March 2025 for AED 2,923,167, or AED 1,951 per sqft, 5% below the AED 2,045 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Edgewater Residences 2
2.5M3M202420252026Typical sale price by year: 2024 AED 2,300,173; 2025 AED 2,654,960Sold by developer, March 2025: AED 2,923,167 (AED 1,951 per sqft)

1203 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Edgewater Residences 2, and where 1203 sits

All 30 2-beds →

1203 last sold in March 2025 at AED 1,951 per sqft, 5% below what two-beds in Edgewater Residences 2 were fetching at the time (AED 2,045).

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jul 20252,628,620
10 Jul 20252,681,299
3 Mar 20252,541,096
28 Jan 20252,434,137
0 2-bed sales in the last 12 months

Edgewater Residences 2

Building

70 apartments, 1-bed to 3-bed over 12 floors in Dubai Islands, completed in 2026 by MGS Development. 2 sold in the last 12 months.

Typical price per sqft
AED 2,469
Typical sale
AED 2.08M
Typical rent
Few contracts
Typical yield
Edgewater Residences 2, Dubai Islands: prices, sales and rents →

Other units on the 12th floor

All 70 units in Edgewater Residences 2
Value
12011-bedAED 2.07M · Feb 2025
12021-bedAED 1.93M · Oct 2024
12041-bedAED 2.16M · Jul 2025
12053-bedAED 3.68M · Feb 2025
12071-bedAED 1.71M · Jan 2025

1203, Edgewater Residences 2 in numbers

  • Sold once: by MGS Development on 17 March 2025 for AED 2,923,167, or AED 1,951 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 17 March 2025.

Questions about 1203, Edgewater Residences 2

What did unit 1203 last sell for?

AED 2,923,167 on 17 March 2025, sold by the developer: AED 1,951 per sqft for 1,498 sqft. It is the only registered sale of the unit.

How big is unit 1203?

1,498 sqft (139.2 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2026.

What is unit 1203 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 1203, Edgewater Residences 2

Starts from the last sale price (AED 2.92M, 17 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,923,167
Deposit, UAE resident (20%)
AED 584,633
Deposit, non-resident (40%)
AED 1,169,267
Monthly over 25 years at 3.7%
AED 11,960

Plus AED 127,783 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →