Under constructionLaunched June 2024
Edgewater Residences Phase 2
by MGS Development in Dubai Islands
From AED 1,945,30060/40 payment plan
- From
- AED 1,945,300
- Handover
- On request
- Homes
- 1 to 3 bed
- Sizes
- 645 to 1,533 sq ft
- Payment plan
- 60/40
About Edgewater Residences Phase 2
Edgewater Residences Phase 2 by MGS Development brings 15-story towers to Dubai Islands with 1, 2, and 3-bedroom apartments from 645 to 1,533 square feet.
The apartments feature contemporary design emphasizing functionality and style. Each unit is finished to support modern, comfortable daily living.
Residents have access to an indoor swimming pool and fitness centers for wellness. Landscaped gardens, recreational areas, and barbecue zones support leisure and community gathering. Restaurants, children's play areas, and 24/7 security complete the development's amenities.
The development is positioned in Dubai Islands near Dubai Creek Harbour and Ras al Khor Wildlife Sanctuary. Major Dubai destinations including Palm Jumeirah and Dubai Frame are within reach.
The film
Homes
Payment plan
- 10%Down payment
- 50%During construction
- 40%On handover
Amenities
- Indoor pool
- Gym
- Children's play area
- Landscaped gardens
- Barbecue area
- Restaurants and cafés
Construction and dates
- Sales launched
- 30 June 2024
- Planned handover
- 31 August 2026
Location
About Dubai Islands
Dubai Islands is Nakheel's redevelopment of an archipelago comprising five islands along Dubai's Deira coastline. Homes include apartments, villas, townhouses, and penthouses built by Nakheel, Ellington, Imtiaz Developments, and others.
Edgewater Residences Phase 2 is a freehold project.
Masterplan
The 15-story towers comprise a waterfront residential community designed for serene living. Landscaped grounds and outdoor spaces integrate wellness facilities and gathering areas throughout the development.
Brochure
Questions about Edgewater Residences Phase 2
- What is the price of Edgewater Residences Phase 2?
Edgewater Residences Phase 2 starts from AED 1,945,300, as of 22 September 2026. By home: 1 Bed Apartment from AED 1,945,300; 2 Bed Apartment from AED 2,623,898; 3 Bed Apartment from AED 3,496,209.
- Is Edgewater Residences Phase 2 expensive for Dubai Islands?
From AED 3,016 a square foot, against a median of AED 2,526 for 74 new projects in Dubai Islands.
- What is the payment plan for Edgewater Residences Phase 2?
The developer’s payment plan for Edgewater Residences Phase 2 is 60/40: 10% down payment, 50% during construction and 40% on handover, as of 4 October 2026.
- Are there floor plans for Edgewater Residences Phase 2?
Yes. The floor plans for 1 Bed Apartment, 2 Bed Apartment and 3 Bed Apartment are on this page under Homes.
About MGS Development
MGS Development builds apartments on Dubai Islands, combining sustainable design with construction quality.
Also by MGS Development in Dubai Islands: Edgewater Residences Phase 3, Miami Beach Residence
