Edgewater Residences Phase 3

Edgewater Residences Phase 3 is a residential development by MGS Development comprising 328 apartments across three 12-storey towers on Dubai Islands. Units are 1-3 bedrooms ranging from 646 sq. ft. to 3,576 sq. ft., designed by American architecture studio AYENK. The project is off-plan with a Q4 2026 handover date.

Prices start from AED 1,900,000 for a 1-bedroom apartment in Edgewater Residences Phase 3. The development offers a 35/65 payment plan, meaning buyers pay 35% during the construction phase and 65% on handover. This structure makes entry accessible compared to many beachfront projects in Dubai.

The project is located on Dubai Islands, a master-planned coastal destination north of Deira. The Infinity Bridge connects the islands to the mainland, placing Dubai International Airport 20 minutes away and Downtown Dubai approximately 25 minutes by car. A private beach and seafront promenade are directly accessible from the development.

The developer is MGS Development, a Dubai-based company operating under SAT-NS Construction Company, a subsidiary of SAT Holding. SAT-NS has over 16 years of experience and ranks among Kazakhstan's top five developers, with a record of delivering all projects on time or ahead of schedule. Notable completed projects include Arnau Premium, SAT City, and Respublika.

Residents on the 5th floor and above enjoy uninterrupted sea views from their balconies, terraces, and interior windows. Lower-floor apartments overlook the tropical landscaping of manicured gardens, palms, and flowering greenery that surrounds the three towers. All 328 units benefit from the development's position on Dubai Islands.

The development includes adult and children's pools, a fully equipped fitness area, a yoga space, a running track, a padel court, table tennis, a children's playroom, and a co-working space. A beachfront promenade and playground are steps from the buildings. Residents also have access to concierge services covering short-term rental management, housekeeping, pet care, and key storage.

Edgewater Residences Phase 3 offers a 35/65 payment plan — 35% paid during construction and 65% due on handover. The expected handover date is Q4 2026. The project is currently off-plan, making now an early-entry window before the Dubai Islands community reaches full build-out.

Dubai Islands' master plan includes a wide range of restaurants, cafés, retail outlets, championship golf courses, yacht facilities, and landscaped waterfront parks. The upcoming Dubai Islands Mall is planned to surpass Dubai Mall in total size. Schools and hospitals are currently located on the nearby mainland — including Dubai Hospital and Al Ittihad Mamzar — roughly a 20-minute drive away.