Edgewater Residences 3 - Building B
- Under construction · 5% built · handover Q1 2027
- Master developer M G S
A 1 bed in Edgewater Residences 3 - Building B costs a median AED 2.23M.
1 bed · typical price
2.23MAED
AED 2,813/sqft · +8.2% on a year
- vs Dubai Islands
- 16% above the median
Cost to buy, all inAED 2.37M
- Price
- AED 2.23M
- DLD fee 4%
- AED 89,367
- Agent 2% + VAT
- AED 46,918
- Trustee
- AED 4,200
Is Edgewater Residences 3 - Building B a good investment?Prices rising, with nothing to watch; no record of the yield and the rent trend
- Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
- Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
- Are prices going up?1 bed: AED 2,600/sqft a year ago, 2,813 now+8.2%Strength
- How fast do fees pay back?AED 140,485 in fees to buy a 1 bed: DLD 4%, agent 2% plus VAT, trusteeAED 140,485
- Can I sell easily?28 sales in 12 months (50 the year before)28
- Is a lot being built nearby?8,072 apartments are planned in Dubai Islands from 2026 to 2028; too few homes are let there today for a share. A further 347 are past their planned date. Dubai Islands supply by year →8,072
- Did earlier buyers gain?Up 6% for launch buyers, before fees+5.6%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Edgewater Residences 3 - Building B prices and rents by unit typeA one-bed costs about AED 2.23M
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Dubai Islands · area median AED 2,430/sqft
- 12-month change
- +8.2%
- vs area median
- +15.7%
- Rank by price per sqft
- 23rd of 94
Read with care
- No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: Mar 2025, AED 2,079,835; latest, Sep 2026, AED 2,256,117; peak, Dec 2025, AED 2,257,269.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,813 · before fees
- Launch, 2025–26
- 2,664
- +6%
- 68 sales
- Previous 12 months
- 2,548
- +10%
- 50 sales
- Last 12 months
- 2,813
- today
- 28 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
No resales match the last 12 months. Try another transaction type, bedroom type or period.
Comparables in Dubai Islands
Every Dubai Islands building with a page, ranked by price per sqft over the same 12 months, all unit types. Edgewater Residences 3 - Building B places 30th of 126; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Edgewater Residences 3 - Building B (AED 2,813/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Edgewater Residences 3 - Building B has registered sale prices 16% above the Dubai Islands median price per square foot of 2,430 AED, across 94 eligible buildings. It ranks 23rd of 94 by price per square foot in Dubai Islands.
Market context in Dubai Islands
Registered sales activity
1 ready apartment sales in the 12 months to 2026-10-12.
Price change lacks sufficient evidence in both periods.
Explore sales activityPlanned apartment projects
3,414 known registered units across 35 pending projects planned within one year of the 2026-07-06 register.
6 projects had already passed their planned date; 3 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
8,072 apartments are planned in Dubai Islands from 2026 to 2028; too few homes are let there today for a share.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The Edgewater Residences 3 towers
3 towers in Edgewater Residences 3, at the bedroom type above.
Dubai Islands: every development at this typeDubai Islands: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.
About Edgewater Residences 3 - Building B
Edgewater Residences 3 - Building B is an under-construction (5% built) apartment building by M G S in Dubai Islands. 78 sales are registered with the Dubai Land Department.
The building, as registered
- Master developer
- M G S
Nearest, as registered
- Metro
- Palm Deira Metro Stations
- Landmark
- Dubai International Airport
Edgewater Residences 3 - Building B: AED 2,813 per sq ft, 19% above the median Dubai Islands building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Edgewater Residences 3 - Building BAED 2,813
- Dubai Islands, off-planAED 2,756
- Dubai, readyAED 1,421
More from M G S
Edgewater Residences 2
Dubai Islands · 21 sales, 12 months
2.89M
AED, resale median · 2,315/sqft
Edgewater Residences
Dubai Islands · 7 sales, 12 months
1.70M
AED, resale median · 2,329/sqft
Edgewater Residences 3 - Building C
Dubai Islands · 7 sales, 12 months
3.00M
AED, resale median · 2,914/sqft
Edgewater Residences 3 - Building A
Dubai Islands · 3 sales, 12 months
2.81M
AED, resale median · 2,509/sqft
Nearby in Dubai Islands
Prices per sq ft around Edgewater Residences 3 - Building B, on the mapPrices per sq ft around Edgewater Residences 3 - Building B, on the map
Haven Living
Dubai Islands · 3 sales, 12 months
3.25M
AED, resale median · 1,759/sqft
Edgewater Residences 3 - Building C
Dubai Islands · 7 sales, 12 months
3.00M
AED, resale median · 2,914/sqft
Edgewater Residences 3 - Building A
Dubai Islands · 3 sales, 12 months
2.81M
AED, resale median · 2,509/sqft
Ellington Sands II - Tower A
Dubai Islands · 320 sales, 12 months
3.01M
AED, resale median · 2,807/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Edgewater Residences 3 - Building B’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- —
- 4.5% over 25 years
- Monthly rent
- —
- Cash needed at purchase
- —
Enter a price, a rent, a rate, a term and a horizon to model the comparison.
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Common questions
- What is the rental yield in Edgewater Residences 3 - Building B?
- No gross yield is published for Edgewater Residences 3 - Building B as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 28 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales.
- How much does a 1 bedroom in Edgewater Residences 3 - Building B cost?
- The median registered sale price is AED 2.23M (2,813 AED/sqft), from 28 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in Edgewater Residences 3 - Building B risen or fallen?
- Median price per square foot moved +8.2% over the last 12 months against the 12 before it, on 28 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How many apartments change hands in Edgewater Residences 3 - Building B?
- 28 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.
- Which metro station is closest to Edgewater Residences 3 - Building B?
- Palm Deira Metro Stations, per the Dubai Land Department's own nearest-landmark fields.
For agents
Send this page to a client as a branded report
Edgewater Residences 3 - Building B sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 28 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
Cite as: Dubai Wealth Index. “Edgewater Residences 3 - Building B sale prices and yield.” Dubai Islands, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-islands/edgewater-residences-3-building-b
Stable dataJSON