Edgewater Residences 3 at Dubai Islands by MGS Development

Edgewater Residences 3 Details
Developer: MGS Development |
Area: Dubai Islands |
Starting Price: AED 1,400,000 |
Down Payment: 5% |
Payment Plan: 35/65 |
Handover: Q4 - 2026 |
Project Status: New Launch |
Lifestyle: Luxurious Living |
Available Units
- Property Type:Apartments
- Unit Type:1, 2 & 3 Bedroom
- Sizes:
Overview
Edgewater Residences 3 is a premium residential project by MGS Development, situated in the vibrant and rapidly growing area of Dubai Islands. The development features three mid-rise buildings, each 12 storeys tall, offering a total of 328 thoughtfully designed apartments. The architectural concept is the work of the renowned U.S.-based firm AYENK Studio, bringing a modern, elegant aesthetic to the coastal skyline.
Apartment Options and Layouts
The project offers a selection of 1, 2, and 3-bedroom units, ranging in size from 646 sq. ft. to 1,533 sq. ft. Each residence comes with a private balcony, allowing residents to enjoy scenic views of the waterfront and the lush surroundings of Dubai Islands.
The interiors are finished in soft, neutral tones, complemented by eco-friendly materials and natural textures that create a serene living environment. Open-plan layouts integrate the kitchen, dining, and living areas, optimizing space and light. The kitchens are fitted with built-in appliances and smart storage solutions, while bathrooms feature premium fixtures in a minimalist design.
Lifestyle Amenities
- Separate swimming pools for adults and children
- Fully equipped fitness center and yoga studios
- Dedicated jogging track and padel court
- Modern co-working spaces
- Table tennis area and children’s indoor playroom
- Direct beach access for waterfront relaxation
Key Highlights
Payment Plan
5%
Down Payment
30%
During Construction
65%
On Handover
Pricing and Payment Options
- 1-bedroom apartments start at AED 1,400,000
- 2-bedroom units from AED 2,300,000
- 3-bedroom homes from AED 2,700,000
MGS Development offers a flexible 35/65 payment plan with 0% interest and a low 5% down payment, making it an attractive opportunity for investors and end-users. The estimated handover date is Q4 2026.
Features & Amenities








About Dubai Islands
Dubai Islands is emerging as one of the city’s most dynamic residential and tourist destinations. The area will eventually host over 38,000 homes, 87 high-end hotels and resorts, and marinas, along with ample retail and leisure infrastructure. The newly launched Deira Mall features a diverse range of shopping and dining options. Meanwhile, Deira Island Beach and Dubai Islands Marina offer great settings for outdoor recreation.
Residents can also enjoy:
- Bicycle paths and running trails
- Beautiful landscaped walkways
- Green zones for tranquil escapes
Strategic Location
Dubai Islands boasts excellent connectivity, with Infinity Bridge linking it directly to the city’s mainland. Key landmarks such as Downtown Dubai are about 30 minutes away, and Dubai International Airport is reachable in just 25 minutes, enhancing its appeal for residents and visitors.
Investment Highlights
The value of properties on Dubai Islands continues to grow, driven by strong demand for beachfront homes and the area’s ongoing development. Investing in Edgewater Residences 3 not only secures a prime property for personal use but also opens doors to rental income and capital appreciation.
This development blends sustainable design, modern layouts, and resort-style amenities with a strategic location, making it a standout choice for those looking to invest or settle in one of Dubai’s most forward-looking neighborhoods.