407, Edgewater Residences 2
Sold prices and rental history: sold once, by the developer in January 2025, 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 407, Edgewater Residences 2
What is 407 worth today?
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Source: Dubai Land Department. Updated 28 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,191 sqft
- Floor
- 4th of 12
- Parking
- 1
- Developer
- MGS Development
- Completed
- 2026
- Last sold
- AED 2.43M · January 2025
- Building
- Edgewater Residences 2
About 407, Edgewater Residences 2
407 is a two-bedroom apartment of 1,191 sqft on the 4th floor of Edgewater Residences 2, a 12-storey tower in Dubai Islands completed in 2026 by MGS Development. The developer sold it on 28 January 2025 for AED 2,434,137, or AED 2,043 per sqft, in line with 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 407 over time
407 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 407 sits
All 30 2-beds →407 last sold in January 2025 at AED 2,043 per sqft, in line with what two-beds in Edgewater Residences 2 were fetching at the time (AED 2,045).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202524 July 2025 | 1,236 sqft | 2,628,620 | 2,126 | ||
| 10 Jul 202510 July 2025 | 1,235 sqft | 2,681,299 | 2,170 | ||
| 17 Mar 202517 March 2025 | 1,498 sqft | 2,923,167 | 1,951 | ||
| 3 Mar 20253 March 2025 | 1,192 sqft | 2,541,096 | 2,132 |
Edgewater Residences 2
Building70 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
Other units on the 4th floor
All 70 units in Edgewater Residences 2407, Edgewater Residences 2 in numbers
- Sold once: by MGS Development on 28 January 2025 for AED 2,434,137, or AED 2,043 per sqft.
Source: Dubai Land Department. Updated 28 January 2025.
Questions about 407, Edgewater Residences 2
What did unit 407 last sell for?
AED 2,434,137 on 28 January 2025, sold by the developer: AED 2,043 per sqft for 1,191 sqft. It is the only registered sale of the unit.
How big is unit 407?
1,191 sqft (110.6 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2026.
What is unit 407 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 407, Edgewater Residences 2
Starts from the last sale price (AED 2.43M, 28 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,434,137
- Deposit, UAE resident (20%)
- AED 486,827
- Deposit, non-resident (40%)
- AED 973,655
- Monthly over 25 years at 3.7%
- AED 9,959
Plus AED 107,243 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →