Edgewater Residences 3
Dubai Islands , Dubai
AED 1,900,000
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AED 1,900,000
Free Residency Visa
Construction Progress9%
Description
Edgewater Residences 3 is a premium waterfront residential project by MGS Development in Dubai Islands. The development will feature 1, 2 and 3-bedroom semi-fitted apartments, equipped with high-quality BOSCH kitchen appliances. Residents will enjoy a range of amenities including an overflow and kids’ pool, padel court, jogging track, open-air gym, yoga space, kids’ playroom and co-working spaces.
The development will also feature a seating promenade, table tennis and a quiet relaxation zone. Offering stunning waterfront views, Edgewater Residences 3 in Dubai Islands will be just 50-m from the beach, providing direct access to the emirate’s coastline, sandy beaches and nine exclusive marinas.
Amenities & Features
Gym or Health Club
Swimming Pool
Kids Play Area
Property Details
Property TypeApartment
DeveloperMGS Development
ProjectEdgewater Residences 3
CommunityDubai Islands
CompletionOff-Plan -
Q1 2027
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 1,900,000
DLD Fee (4%)AED 76,000
Trustee FeeAED 4,200
Agency (2%)AED 38,000
Total
InvestmentAED 2,018,200
Expected Annual Returns
Expected Annual RentAED 142,500
Service Charges (Est)-AED 9,675
Net Annual
IncomeAED 132,825
Net Annual ROI6.6% (after expenses)
Payback Period15.2 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa11.7 km
Dubai Mall11.6 km
Dubai Airport (DXB)8.6 km
Mall of the Emirates22.4 km
Dubai Marina29.2 km