3 Bed in Edgewater Residences 3 | 5% Down, 65% on Handover Q1 2027 | 30% Built

Type

Apartment

Purpose

Sale

Furnishing

Unfurnished

Updated

18th September 2026

Completion Status

Off-Plan

Payment Plan

35/65

Handover

Q1 2027

Developer

MGS Development

Project Name

Edgewater Residences 3

3-bedroom apartment for sale in Edgewater Residences 3, Dubai Islands, Dubai. 1,533 sq ft built-up area with 4 bathrooms and a sea view. Offered at AED 3,500,000 (AED 2,283 per sq ft) on a 35 / 65 payment plan, with handover in Q1 2027. Earliest handover with the lowest down payment on Dubai Islands.

A 1,533 sq ft 3-bedroom at AED 3.5M with handover in Q1 2027. The lowest priced 3-bedroom in this Dubai Islands plan, on a 5% down payment.

Property details
- 3 bedrooms, 4 bathrooms
- Built-up area 1,533 sq ft
- Sea view, high floor
- Completion status: off plan, 30% built
- Handover: Q1 2027
- Developer: MGS Development
- Freehold ownership for all nationalities

Payment plan
- 5% down payment
- 30% during construction
- 65% on handover

About Edgewater Residences 3
Edgewater Residences 3 by MGS Development is 30% built with handover due in Q1 2027, and it asks for only 5% down with 65% payable on handover. For buyers who want to be in a Dubai Islands home within 18 months without locking up capital, this is the most efficient plan on the islands.

Why buy here
- Only 5% down payment, 65% on handover
- Handover Q1 2027 with construction 30% complete
- 1-bedrooms from AED 1.9M

Amenities
Balcony or Terrace, Swimming Pool, Gym or Health Club, Kids Play Area, Lobby in Building, CCTV Security.

Location
Dubai Islands is Nakheel's five-island beachfront master community off the Deira coast, connected by the Infinity Bridge and Al Khaleej Road. Around 12 km from Dubai International Airport, 20 minutes to Downtown Dubai and Dubai Creek Harbour, with the Waterfront Market, Souk Al Marfa and Deira Islands Mall nearby. Schools within reach include Al Ittihad Private School Al Mamzar and Sabari Indian School; Dubai Hospital is about 10 minutes away.

Multiple units, floors and views are available in Edgewater Residences 3 directly from the developer inventory. Contact Abdullah Farooq at Next Level Real Estate for the latest availability, floor plans, the full payment schedule and a site visit. Registered broker, RERA-permitted listing.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - About Next Level Real Estate: Our commitment to innovation and customer satisfaction has propelled us to become the fastest-growing expert-driven real estate agency, defining the standards of personalized services since 2013. For further information and to explore the unparalleled services we offer, contact us now!

Posted on: 18th September 2026