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Dubai Islands, Dubai

Edgewater Residences Phase 3 By MGS

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Edgewater Residences Phase 3 By MGS, Dubai Islands

Edgewater Residences Phase 3, developed by MGS Development, brings waterfront living to Dubai Islands with apartments ranging from one to three bedrooms, each appointed with modern finishes.

The homes

Apartments of one to three bedrooms, from 645 to 1,533 sq ft. Construction is under way.

The apartments range from 645 to 1,533 square feet and feature contemporary design with quality fixtures and sizeable windows. Across twelve residential levels, supported by a substantial ground floor and two additional podium levels, the development offers homes to suit different household sizes.

MGS Development logo
Developed by
MGS Development
Founded 2025

MGS Development focuses on residential apartment communities at Dubai Islands. The company emphasises sustainable design practices and refined craftsmanship in contemporary environments.

Every project by MGS Development
The brochure

The Edgewater Residences Phase 3 By MGS brochure

Explore Edgewater Residences Phase 3 By MGS in detail, from the residences and floor plans to the amenities, in MGS Development’s official brochure.

Type
apartment
Beds
1, 2, 3 Bedrooms
Sizes (sq ft)
645 - 1,533
Status
Under construction30% built
Price from
AED 1,950,000

About Dubai Islands

Dubai Islands is an archipelago of five islands along Dubai's Deira coast, presenting a diverse range of residences alongside championship golf and distinguished waterside living.

Property in Dubai Islands

Features & amenities

Swimming pool
Indoor pool
Gym
Jogging track
Cycling track
Children's play area
Landscaped gardens
Barbecue area
Restaurants and cafés
Shops
Supermarket
24-hour security
Edgewater Residences Phase 3 By MGS masterplan, Dubai Islands

The masterplan

The development comprises twelve residential levels, elevated above a substantial ground floor and two podium levels. The grounds incorporate landscaped gardens and comprehensive facilities including swimming pools, fitness facilities, children's areas, and recreational trails, designed to foster an active community lifestyle.

Payment plan

10%Down payment
50%During construction
40%On handover

Progress

30% built

Sales launched
1 July 2024
Planned handover
1 September 2026
Registered asBuiltExpected completionUnits
Edgewater Residences 3No. 317730%January 2027328

Registered: 166 1-bedroom, 105 2-bedroom, 57 3-bedroom. Buyers' payments are held in an escrow account at Abu Dhabi Commercial Bank.

The film

Questions

Where is Edgewater Residences Phase 3 By MGS?

Edgewater Residences Phase 3 By MGS is in Dubai Islands, Dubai, a development by MGS Development.

Who is the developer of Edgewater Residences Phase 3 By MGS?

Edgewater Residences Phase 3 By MGS is developed by MGS Development, a company founded in 2025.

What homes are there at Edgewater Residences Phase 3 By MGS?

Edgewater Residences Phase 3 By MGS has apartments with 1, 2 and 3 bedrooms, from 645 to 1,533 sq ft.

What is the price of Edgewater Residences Phase 3 By MGS?

Homes at Edgewater Residences Phase 3 By MGS start from AED 1,945,300 (about USD 530K), as of 22 September 2026.

Is Edgewater Residences Phase 3 By MGS expensive for Dubai Islands?

From AED 3,016 a square foot, against a median of AED 2,526 for 80 new projects in Dubai Islands.

What is the payment plan at Edgewater Residences Phase 3 By MGS?

The developer's payment plan is 10% on booking, 50% during construction and 40% on handover, as of 1 November 2026.

Are there floor plans for Edgewater Residences Phase 3 By MGS?

Yes. This page shows 3 floor plans for Edgewater Residences Phase 3 By MGS, covering 1-bedroom, 2-bedroom and 3-bedroom homes.

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