701, Edgewater Residences 2
Sold prices and rental history: sold once, by the developer in July 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 701, Edgewater Residences 2
What is 701 worth today?
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Source: Dubai Land Department. Updated 24 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,236 sqft
- Floor
- 7th of 12
- Parking
- 1
- Developer
- MGS Development
- Completed
- 2026
- Last sold
- AED 2.63M · July 2025
- Building
- Edgewater Residences 2
About 701, Edgewater Residences 2
701 is a two-bedroom apartment of 1,236 sqft on the 7th floor of Edgewater Residences 2, a 12-storey tower in Dubai Islands completed in 2026 by MGS Development . The developer sold it on 24 July 2025 for AED 2,628,620, or AED 2,126 per sqft, 4% above the AED 2,049 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 701 over time
701 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 701 sits
All 30 2-beds →701 last sold in July 2025 at AED 2,126 per sqft, 4% above what two-beds in Edgewater Residences 2 were fetching at the time (AED 2,049).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 28 Jan 202528 January 2025 | 1,191 sqft | 2,434,137 | 2,043 |
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 7th floor
All 70 units in Edgewater Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 882 sqft | AED 2MAED 2,001,938 · Oct 2025October 2025 | |||
| 703 | 3-bed | 1,577 sqft | AED 3.18MAED 3,184,679 · Nov 2024November 2024 | ||
| 704 | 2-bed | 1,213 sqft | AED 2.57MAED 2,565,596 · Nov 2024November 2024 | ||
| 705 | 841 sqft | AED 2.09MAED 2,088,645 · Nov 2025November 2025 | |||
| 708 | 2-bed | 1,082 sqft | AED 2.17MAED 2,173,521 · Nov 2024November 2024 |
701, Edgewater Residences 2 in numbers
- Sold once: by MGS Development on 24 July 2025 for AED 2,628,620, or AED 2,126 per sqft.
Source: Dubai Land Department. Updated 24 July 2025.
Questions about 701, Edgewater Residences 2
What did unit 701 last sell for?
AED 2,628,620 on 24 July 2025, sold by the developer: AED 2,126 per sqft for 1,236 sqft. It is the only registered sale of the unit.
How big is unit 701?
1,236 sqft (114.8 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2026.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 701? Put it on the OpenOffers board
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Mortgage on 701, Edgewater Residences 2
Starts from the last sale price (AED 2.63M, 24 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,628,620
- Deposit, UAE resident (20%)
- AED 525,724
- Deposit, non-resident (40%)
- AED 1,051,448
- Monthly over 25 years at 3.7%
- AED 10,754
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →