MGS Edgewater Residences 3 is a residential development located on Dubai Islands. It consists of three 12-storey buildings designed by American studio AYENK. The architectural solution combines modern forms with balconies and panoramic glazing.
Edgewater Residences 3 by MGS Development on Dubai Islands features 1, 2 and 3-bedroom apartments. These properties in Dubai range in size from 646 sqft (60 m²) to 1533 sqft (142 m²).
All apartments at MGS Edgewater Residences 3 have balconies with views of the Arabian Gulf. The interiors are designed in a minimalistic style using natural materials and warm colours. The open-plan kitchens are equipped with brand-name appliances and convenient storage systems.
Owners of this property on Dubai Islands will have access to amenities. The development features swimming pools for adults and children, a fitness centre, jogging tracks, a padel court, yoga areas, co-working spaces, table tennis and a children's playground. Residents of properties at MGS Edgewater Residences 3 get direct access to the beach.
The developer is offering an interest-free 35/65 payment plan with a down payment of 5% for buying these apartments on Dubai Islands. The property at MGS Edgewater Residences 3 is scheduled for completion in Q4 2026. Edgewater Residences 3 by MGS Development on Dubai Islands combines modern architectural solutions, developed infrastructure and favorable purchase terms.
Spacious 1-3 Bedroom
Apartments & Penthouses
for Sale on Dubai Islands
Edgewater Residences 3 is a residential development by MGS Development on Dubai Islands. It includes three 12-storey buildings with 1-3 bedroom apartments. The interiors are designed by AYENK studio. Residents will have access to swimming pools, gym, beach and leisure areas.
35/65
Payment Plan
Q4 2026
Handover
AED 1,400,000
Starting Price
Edgewater Residences 3 on Dubai Islands
Location in Dubai
Developer
Property Type
Available Units
Total Areas
Payment Plan
Completion
Photo Gallery
Renders may look slightly different than real life photos
Renders may look slightly different than real life photos
Floor Plans of Edgewater Residences 3
1-Bedroom
2-Bedroom
3-Bedroom
1-Bedroom Apartment
FROM AED 1,400,000 ($381,200)
Total Area: 646 sqft (60 m²)
2-Bedroom Apartment
FROM AED 2,300,000 ($626,200)
Total Area: 1081 sqft (100 m²)
3-Bedroom Apartment
FROM AED 2,700,000 ($735,100)
Total Area: 1533 sqft (142 m²)
Invest with Attractive
35/65 Payment Plan
Invest with Free-Interest
35/65 Payment Plan
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Property Location
is Dubai Islands
Dubai Islands is one of Dubai's new coastal neighbourhoods. It is located in the north-eastern part of the city, close to the Deira neighbourhood. The archipelago includes five artificial islands. They are concentrated on residential and tourist development, as well as commercial and entertainment infrastructure.
Dubai Islands are connected to the mainland of the city through the Infinity Bridge. This provides convenient access to the main neighbourhoods of Dubai. It takes about 30 minutes to reach Downtown Dubai and 25 minutes to reach Dubai International Airport.
Dubai Islands is characterised by a developed infrastructure. On its territory there are residential developments, luxury hotels, beaches, marinas, parks, recreational facilities and shopping and entertainment centres. In the future, 38,000 properties, 87 hotels and resorts and 9 marinas are planned to be built here.
One of the key facilities on Dubai Islands is Deira Mall, which will be the largest shopping centre in the area. It will feature global brands, restaurants, cinemas and entertainment venues. Nearby are Gold Souk and Waterfront Market, where jewellery, fresh produce and locally produced goods can be purchased.
Dubai Islands provides hiking and cycling trails, promenades, water sports and golf courses. There is also Deira Island Beach, which is complemented by recreational facilities and sports fields.
A network of educational and medical facilities is planned for the islands. The nearest schools are The Millennium School and Deira International School. They offer international study programmes. Among the medical centres on the Dubai Islands are Aster Hospital and NMC Hospital.
Distance from Edgewater Residences 3 to Key Locations in Dubai
50 MINUTES
25 MINUTES
30 MINUTES
20 MINUTES
35 MINUTES
Why Invest in Real Estate
at Dubai Islands?
Dubai Islands offer significant property investment opportunities. The project comprises five man-made islands with developed infrastructure.
One of the key drivers of economic attractiveness is the growth in property prices on the Dubai Islands. In the first half of 2024, the price per square metre increased by 12% compared to the same period in 2023. Rental demand increased by 15% and the number of primary transactions increased by 20%. These figures indicate a steady increase in interest in apartments on Dubai Islands and the potential for further price increases.
Investing in apartments on Dubai Islands promises high returns. Expected returns on short-term rentals can be as high as 15% per annum, allowing the initial investment to be recouped in approximately 6.6 years. For long-term rentals, returns of around 8% per annum are predicted.
An added advantage is the absence of taxes on owning, reselling and renting out property in Dubai. This increases the net return on investment. Considering these factors, buying an apartment at MGS Edgewater Residences 3 on Dubai Islands is a profitable investment with high potential for returns and capital growth.
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Frequently Asked Questions About
Edgewater Residences 3
Frequently Asked Questions About Edgewater Residences 3
Where is Edgewater Residences 3 located?
The development is located on the Dubai Islands, which is connected to the mainland via Infinity Bridge. This provides easy access to major business and tourist centers.
What types of apartments does Edgewater Residences 3 Dubai Islands offer?
Edgewater Residences 3 includes 1, 2 and 3 bedroom apartments. These properties on Dubai Islands range in size from 646 sqft (60 m²) to 1533 sqft (142 m²).
How much does a property at Edgewater Residences 3 Dubai Islands cost?
The starting price of an apartment at Edgewater Residences 3 by MGS Development on Dubai Islands is AED 1,400,000 ($381,200).
What amenities are available to residents of Edgewater Residences 3 Dubai Islands?
Residents of Edgewater Residences 3 by MGS Development will have access to adult and children's swimming pools, gym, jogging track, yoga facilities, co-working spaces, padel court, table tennis and children's playroom.
What are the interest-free payments plans offered by MGS Development?
The developer is offering interest free payment plan 35/65 for buying these apartments on Dubai Islands. The down payment is 5%.
When is Edgewater Residences 3 expected to be completed?
This property in Dubai is expected to be fully completed in Q4 2026.
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