55%complete
Planned handover2026-08-31
SourceDLD · daily
The road to keys — registry facts, our forecast
Registered start
2024-06-30
in the DLD registry
Today
54.7%
last inspected 2026-08-25
At the current pace
…
…
Planned handover
2026-08-31
20 days overdue — developer's official date
How Edgewater Residences 2 compares
Similar off-plan projects in Palm Deira — compare progress, handover and developer.
Haven Bay ResidencesMETAC PROPERTIES L.L.C · Palm DeiraActive83%Handover 2026-06BEACH WALK RESIDENCES 3 BY IMTIAZIMTIAZ REAL ESTATE INVESTMENT & DEVELOPMENT L.L.C · Palm DeiraActive82%Handover 2026-06Sunset Bay One By ImtiazIMTIAZ SUNSET REAL ESTATE DEVELOPMENT L.L.C · Palm DeiraActive78%Handover 2026-12Allegro ResidencesMILL HILL RIVIERA DEVELOPMENT L.L.C · Palm DeiraActive77%Handover 2026-04
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Watch it rise — one frame per DLD inspection
2024-04-05 · 0.0% complete
1 / 6
Building & unit mix — from DLD project records
15
Floors
97
Total units
1
Building
| Usage | Unit type | Units |
|---|---|---|
| Residential | 1 B/R | 32 |
| Residential | 2 B/R | 54 |
| Residential | 3 B/R | 11 |
Source: DLD project register — floors, buildings and the developer's registered unit mix.
Real sale prices — 13 registered DLD sales since 2026-01-02
AED 2,272/sqft
Median sale price
13
Registered sales
13
Sales, last 12 months
| Unit type | Sales | Median AED/sqft | Median price |
|---|---|---|---|
| 2 B/R | 11 | 2,272 | AED 3.0M |
| 3 B/R | 1 | 2,275 | AED 3.6M |
| 1 B/R | 1 | 1,906 | AED 2.1M |
Source: DLD registered sale transactions for this project.
Prices by unit size — vs the Palm Deira average
| Beds | Units sold | Size range | Median price | AED/sqft | Area avg | Premium vs area |
|---|---|---|---|---|---|---|
| 1 B/R | 1 | 1,080–1,080 sqft | AED 2.1M | 1,906 | 2,885 | -34% |
| 2 B/R | 11 | 1,271–1,616 sqft | AED 3.0M | 2,272 | 2,801 | -19% |
| 3 B/R | 1 | 1,597–1,597 sqft | AED 3.6M | 2,275 | 2,978 | -24% |
Median AED/sqft of DLD-registered sales in this project vs all sales in Palm Deira for the same unit type. “Premium vs area” is how much more (or less) buyers pay here than the neighbourhood average.
Sale price history — 88 sales, median AED/sqft by year
+12% median price growth from 2024 to 2026 · 99% of sales were off-plan
2,0352,035 AED/sqft2024 · 42 sales
2,2352,235 AED/sqft2025 · 32 sales
2,2722,272 AED/sqft2026 · 13 sales
202420252026| Year | Median AED/sqft | Sales | Year-on-year | Since launch |
|---|---|---|---|---|
| 2024launch | 2,035 | 42 | — | — |
| 2025 | 2,235 | 32 | +10% | +10% |
| 2026 | 2,272 | 13 | +2% | +12% |
Median AED/sqft of DLD-registered sales each year (years with 3+ sales); the earliest year on record approximates launch pricing. “Year-on-year” compares each year to the one before it, “since launch” to the first year. Source: Dubai Land Department transaction records.
Available layouts — check current availability & price
Layouts registered in Edgewater Residences 2, grouped by size. We’ll confirm current availability, floor and price with a RERA-licensed agent — we don’t hold live developer inventory, so these are representative configurations, not a live unit list.
| Beds | Size | Typical price | AED/sqft | Registered | |
|---|---|---|---|---|---|
| 1 B/R | 1,080 sqft | AED 2.1M | 1,906 | 1 | |
| 2 B/R | 1,272 sqft | AED 3.0M | 2,321 | 5 | |
| 2 B/R | 1,310 sqft | AED 3.0M | 2,315 | 1 | |
| 2 B/R | 1,376 sqft | AED 3.1M | 2,268 | 2 | |
| 2 B/R | 1,551 sqft | AED 3.4M | 2,182 | 2 | |
| 2 B/R | 1,616 sqft | AED 2.9M | 1,791 | 1 | |
| 3 B/R | 1,597 sqft | AED 3.6M | 2,275 | 1 |
Recent registered sales — individual DLD transactions, newest first
| Date | Beds | Size | Price | AED/sqft | Type |
|---|---|---|---|---|---|
| 2026-07-07 | 2 B/R | 1,272 sqft | AED 2.8M | 2,223 | Off-plan |
| 2026-07-03 | 2 B/R | 1,553 sqft | AED 3.4M | 2,170 | Off-plan |
| 2026-07-03 | 2 B/R | 1,550 sqft | AED 3.4M | 2,194 | Off-plan |
| 2026-06-17 | 2 B/R | 1,272 sqft | AED 3.0M | 2,321 | Off-plan |
| 2026-03-27 | 2 B/R | 1,616 sqft | AED 2.9M | 1,791 | Off-plan |
| 2026-03-24 | 2 B/R | 1,376 sqft | AED 3.2M | 2,317 | Off-plan |
| 2026-03-23 | 2 B/R | 1,272 sqft | AED 3.0M | 2,370 | Off-plan |
| 2026-03-06 | 2 B/R | 1,272 sqft | AED 2.9M | 2,272 | Off-plan |
| 2026-03-03 | 2 B/R | 1,271 sqft | AED 3.0M | 2,375 | Off-plan |
| 2026-02-17 | 3 B/R | 1,597 sqft | AED 3.6M | 2,275 | Off-plan |
| 2026-02-02 | 2 B/R | 1,310 sqft | AED 3.0M | 2,315 | Off-plan |
| 2026-01-08 | 2 B/R | 1,376 sqft | AED 3.1M | 2,219 | Off-plan |
| 2026-01-02 | 1 B/R | 1,080 sqft | AED 2.1M | 1,906 | Off-plan |
Source: DLD registered sale transactions. Floor and unit numbers aren’t published in the public transaction feed, so they’re not shown.
Construction photos — official DLD inspection uploads, newest first
2026-08-3154.7% at inspection· 11 photos
2026-04-2837.5% at inspection· 12 photos
2025-11-2720.6% at inspection· 8 photos
2025-07-1512.8% at inspection· 4 photos
2025-01-270.8% at inspection· 3 photos
2024-04-050.0% at inspection· 2 photos
Project facts
Developer
M G S DEVELOPMENT L.L.C
Area
Palm Deira
Master project
—
Project type
Normal
Start date
2024-06-30
Planned handover
2026-08-31
Last inspection
2026-08-25
Project value
AED 70.6M
Units
97
Villas
0
Buildings
0
DLD project number
3011
Registration & escrow — verify before you pay anyone
DLD / RERA project no.
3011
Registered with DLD
2024-05-30
Regulator
Trakhees
Escrow account no.
13038714920006
Under Law 8 of 2007, off-plan payments for this project belong only in the escrow account above — a developer or agent directing your money anywhere else is a serious red flag. How escrow protects you →
Location — official site coordinates from DLD inspection records
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Palm Deira · See every project on the construction map →
Edgewater Residences 2: frequently asked questions — answers update daily from registry data
When will Edgewater Residences 2 be handed over?
The developer's planned handover for Edgewater Residences 2 is 2026-08-31; construction is currently 55% complete. At the observed construction pace, our independent forecast is 2027-01-21.
How far along is construction on Edgewater Residences 2?
Edgewater Residences 2 is 54.7% complete according to the Dubai Land Department's inspection of 2026-08-25.
Is Edgewater Residences 2 delayed?
Edgewater Residences 2 is 20 days past its planned handover of 2026-08-31 and still under construction. Most Dubai off-plan contracts include a grace period (often 6–12 months) beyond the anticipated date — see The Late List for how it compares.
Who is the developer of Edgewater Residences 2, and do they deliver on time?
Edgewater Residences 2 is developed by M G S DEVELOPMENT L.L.C. On our Developer Reliability Index they score 76/100 (B — Minor slippage), based on how much of their active portfolio is past its planned handover in the official registry.
What are real sale prices in Edgewater Residences 2?
Registered DLD sales in Edgewater Residences 2 show a median of AED 2,272/sqft across 13 transactions since 2026-01-02. These are actual registered sales, not asking prices — the full breakdown is on this page.
Where is Edgewater Residences 2 located?
Edgewater Residences 2 is located in Palm Deira, Dubai. See every project in the area, plus prices and rents, on the area page.
How many homes are in Edgewater Residences 2?
Edgewater Residences 2 comprises 97 units (normal), per the DLD registry.
Can I see real construction photos of Edgewater Residences 2?
Yes — this page carries 40 official construction photos taken during Dubai Land Department inspections, newest from 2026-08-31, plus a time-lapse of the build. These are government inspection uploads, not marketing renders.
Is my money safe if I buy in Edgewater Residences 2?
Payments for registered Dubai off-plan projects go into a project-specific escrow account under Law No. 8 of 2007; the developer can only draw funds against certified construction milestones.
Where should payments for Edgewater Residences 2 go?
Only into the project's DLD-registered escrow account (no. 13038714920006). Under Law 8 of 2007 every off-plan payment must go to this account, where the developer can only draw funds as construction milestones are certified. Anyone directing payments elsewhere is a serious warning sign.
How do I get alerts when something changes on Edgewater Residences 2?
Use the free Track this project form on this page. We check the official registry every day and email you the moment Edgewater Residences 2's progress, status, or planned handover date changes.
Progress history — one row per official DLD snapshot
| Snapshot date | Status | Complete | Planned handover |
|---|---|---|---|
| 2026-08-04 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-05 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-06 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-08 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-09 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-10 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-11 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-12 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-13 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-14 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-15 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-16 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-17 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-18 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-19 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-20 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-21 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-22 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-23 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-24 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-25 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-26 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-27 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-28 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-29 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-30 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-08-31 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-09-01 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-09-02 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-09-03 | ACTIVE | 37.5% | 2026-08-31 |
| 2026-09-04 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-05 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-06 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-07 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-08 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-09 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-10 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-11 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-12 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-13 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-14 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-15 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-16 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-17 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-18 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-19 | ACTIVE | 54.7% | 2026-08-31 |
| 2026-09-20 | ACTIVE | 54.7% | 2026-08-31 |
Change events
| Detected | Event | Change |
|---|---|---|
| 2026-09-04 | PROGRESS | 37.55 → 54.70 |
Don't check back — we'll tell you.Progress moves, dates slip, statuses change. One email the moment it happens.
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