About Edgewater Residences Phase 3

Edgewater Residences Phase 3 is an off-plan development by MGS Development in Dubai Islands, Dubai. Entry price is AED 1,952,760.

Edgewater Residences Phase 3 is the third and final phase of a coastal development by MGS Development on Dubai Islands. Spread across three matching towers, it is designed for buyers who want an elegant seaside lifestyle among greenery and unspoilt shoreline, with one-, two- and three-bedroom apartments overlooking the water and picturesque golf courses.

What is it?

The phase comprises towers A, B and C, each sharing the same configuration of a ground floor, two podium levels and twelve residential storeys (G+2P+12). Apartments come with one, two or three bedrooms, thoughtful layouts and high-quality finishes, delivered semi-furnished with modern Bosch kitchen appliances; upper floors capture spectacular sea and golf-course views. Residents enjoy a swimming pool, a children's pool, a gym, children's playrooms, a padel court, resort-style services, a marina and modern wellness centres - a well-rounded package that supports both everyday living and a relaxed, holiday-style coastal routine.

Why this location?

Dubai Islands is an upscale, prestigious neighbourhood built across an artificial archipelago, counted among the city's most attractive places to live and holiday. It is defined by striking high-rise architecture, large shopping complexes, world-class hotels, spas, fine-dining restaurants and yacht bays, together with gorgeous fine-sand beaches and crystal-clear water. Residents can sunbathe, swim or stroll the promenade with Persian Gulf views, and enjoy exhibitions, festivals, concerts and sporting events alongside parks and green spaces. From the complex, Dubai International Airport is about 10 minutes away, with Burj Khalifa and Dubai Mall roughly 20 minutes and Burj Al Arab around 25.

What will it cost?

Prices at Edgewater Residences Phase 3 range from AED 1,952,760 to AED 6,711,869, with areas spanning roughly 645 to 3,798 sq ft. The project is offered with a payment plan carrying no post-handover instalments. Homes priced at AED 2 million and above qualify for the UAE's 10-year Golden Visa, so most of the larger layouts here meet the residency threshold. Buyers should also budget for the 4% Dubai Land Department transfer fee plus standard registration and agency costs, and our team can prepare a full cost breakdown for the unit you prefer.

Who is it for?

This phase suits end-users seeking a semi-furnished, sea- or golf-facing apartment in a resort-style island community, and investors drawn to Dubai Islands' rising profile, marina access and strong holiday-let potential. The Bosch-equipped kitchens and turnkey feel make it easy to move in or rent out quickly, and being the final phase, it also appeals to buyers who want to complete an established, well-amenitised development with a clear delivery track record behind it.

Want floor plans and current availability for Edgewater Residences Phase 3? Use Register interest on this page and our off-plan team will reply.

About MGS Development

MGS Development (often searched simply as "MGS") is the Dubai developer behind Edgewater Residences, a coastal apartment development on Dubai Islands. On our site it has one project open for sale, Edgewater Residences Phase 3, which our project page describes as the third and final phase of the development, with prices from AED 1,952,760 as of November 2026.

This page explains who MGS Development is, what it is building, what the Phase 3 release offers and what to check before you buy. If you searched for "MSG development", you are most likely looking for the same company.

Who is MGS Development?

MGS Development is a property developer active in Dubai. Its name is shared by several unrelated businesses around the world that use the letters MGS, so check that you are dealing with the developer named on the Dubai Land Department (DLD) project record before you pay anything. We could not open an official MGS Development website in November 2026, so the facts on this page come from our live project page, which carries the developer's current release.

For a developer with a short track record in Dubai, the building itself carries most of the decision. Our guide on how to check a developer before buying off-plan lists the registry checks to make.

MGS projects in Dubai

Project	Area	Status on our page	From (AED)	Up to (AED)
Edgewater Residences Phase 3	Dubai Islands	Off-plan, selling	1,952,760	6,711,869

Prices are the range shown on our project page as of November 2026. A "from" price is the cheapest unit in the open release, so most units cost more. We do not hold a confirmed handover date for this phase, so ask for it in writing.

Edgewater Residences Phase 3 at a glance

Buildings: three matching towers, A, B and C, each with a ground floor, two podium levels and twelve residential storeys (G+2P+12), according to our project page.
Homes: one, two and three bedroom apartments of roughly 645 to 3,798 sq ft, delivered semi-furnished with Bosch kitchen appliances.
Views: sea and golf course views from the upper floors.
Amenities listed: swimming pool, children's pool, gym, children's playrooms, a padel court, a marina and wellness facilities.
Payment: our project page shows a payment plan with no post-handover instalments. Ask for the exact schedule for your unit.

Where MGS builds: Dubai Islands

Dubai Islands is a man-made island community, which our project page describes as an artificial archipelago with beaches, hotels and yacht bays. Edgewater Residences sits on the islands, so the views and the beach are the main reasons buyers look at it. For how the islands compare with the city's best-known island address, read Dubai Islands or Palm Jumeirah, and see every other release there on off-plan in Dubai Islands. Our Dubai Land page covers a different, inland part of the city: some older descriptions of MGS place it there, but our project page places Edgewater Residences on Dubai Islands.

What should you check before buying?

Judge the building, not the brand. With one project on our books there is little delivery record to read across from, so the specifics of this one carry the whole decision.
What else is being built nearby. Dubai Islands has several releases under way, and resale prices will be set by everything arriving at the same time.
The handover date in writing, in the sale contract rather than the brochure. Published dates move, and a date already past is a warning rather than a detail.
The escrow account. Off-plan payments in Dubai go into a RERA regulated escrow account. Confirm the account and the project number on the DLD record before paying anything.
The earlier phases. Phases 1 and 2 come before this one. Ask when they were promised and whether they have handed over.
Costs on top of the price. Budget for Dubai Land Department fees and annual service charges.

Is MGS Development the same as "MSG development"?

"MSG development" is a common typing slip. In Dubai property searches it almost always means MGS Development and Edgewater Residences. Check the spelling on the sale contract and the DLD record, because they must match.

You can see every project we hold from MGS Development on this page. To compare them against what else is available, browse off-plan projects and Dubai communities, or ask us which is actually worth buying.

All MGS Development projects