Home›Projects›Edgewater Residences 3

Edgewater Residences 3

by M G S DEVELOPMENT L.L.C·PALM DEIRAResidentialFreeholdOff-plan Heavy

Development & Handover Profile

🏗️ Under Construction
Construction Progress5.2%
Project Start
Nov 30, 2024
Expected Handover
Sep 30, 2026
37 days remaining
Total Units
328
Avg Unit Size
1259 sqft
Freehold Ratio
100%
Escrow Agent
Abu Dhabi Commercial Bank
Median Price
AED 2.44M
PSF
AED 2,550/sqft
Sales 12M
19
vs Area
-9.9%
Asset Turnover
ⓘ
5.8%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
328
Avg Unit Size
1259 sqft
1BR
50.6%
2BR
32.0%
3BR
17.4%

Room Configuration

Unit TypeCountShare
1BR16650.6%
2BR10532.0%
3BR5717.4%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
1BR50.6%
166 units
80.0%
36 sold
1.58🔥 HIGH DEMAND
2BR32.0%
105 units
17.8%
8 sold
0.56⚠️ LOW DEMAND
3BR17.4%
57 units
2.2%
1 sold
0.13🚫 GHOST UNIT
Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
16 Jul 2026
PALM DEIRA1BRAED 2.23MAED 2,834/sqftOff-planFreehold
3 Jun 2026
Published 4 Jun 2026
PALM DEIRA2BRAED 3.00MAED 2,378/sqftOff-planFreehold
8 May 2026
Published 11 May 2026
PALM DEIRA1BRAED 2.24MAED 2,834/sqftOff-planFreehold
28 Apr 2026
PALM DEIRA1BRAED 2.24MAED 2,646/sqftOff-planFreehold
14 Apr 2026
PALM DEIRA1BRAED 2.20MAED 2,797/sqftOff-planFreehold
10 Apr 2026
PALM DEIRA1BRAED 2.23MAED 2,806/sqftOff-planFreehold
31 Mar 2026
Published 1 Apr 2026
PALM DEIRA1BRAED 2.23MAED 2,633/sqftOff-planFreehold
27 Mar 2026
Published 30 Mar 2026
PALM DEIRA1BRAED 2.23MAED 2,633/sqftOff-planFreehold
27 Mar 2026
Published 30 Mar 2026
PALM DEIRA1BRAED 2.28MAED 2,892/sqftOff-planFreehold
23 Mar 2026
PALM DEIRA1BRAED 2.23MAED 2,829/sqftOff-planFreehold
23 Mar 2026
PALM DEIRA1BRAED 2.19MAED 2,772/sqftOff-planFreehold
21 Mar 2026
Published 23 Mar 2026
PALM DEIRA1BRAED 2.27MAED 2,856/sqftOff-planFreehold
3 Mar 2026
PALM DEIRA1BRAED 2.19MAED 2,797/sqftOff-planFreehold
2 Mar 2026
PALM DEIRA1BRAED 2.24MAED 2,895/sqftOff-planFreehold
2 Mar 2026
PALM DEIRA1BRAED 2.22MAED 2,795/sqftOff-planFreehold
2 Mar 2026
PALM DEIRA1BRAED 2.22MAED 2,797/sqftOff-planFreehold
27 Feb 2026
Published 2 Mar 2026
PALM DEIRA1BRAED 2.22MAED 2,821/sqftOff-planFreehold
19 Feb 2026
PALM DEIRA1BRAED 2.19MAED 2,772/sqftOff-planFreehold
16 Feb 2026
PALM DEIRA1BRAED 2.22MAED 2,797/sqftOff-planFreehold
11 Feb 2026
PALM DEIRA1BRAED 2.19MAED 2,834/sqftOff-planFreehold
2 Feb 2026
PALM DEIRA1BRAED 2.48MAED 3,395/sqftOff-planFreehold
27 Jan 2026
Published 28 Jan 2026
PALM DEIRA2BRAED 2.94MAED 2,415/sqftOff-planFreehold
22 Jan 2026
PALM DEIRA1BRAED 2.23MAED 2,633/sqftOff-planFreehold
22 Jan 2026
PALM DEIRA1BRAED 2.24MAED 2,638/sqftOff-planFreehold
19 Jan 2026
PALM DEIRA1BRAED 2.24MAED 2,844/sqftOff-planFreehold
5 Jan 2026
PALM DEIRA1BRAED 2.24MAED 2,819/sqftOff-planFreehold
29 Dec 2025
PALM DEIRA1BRAED 2.26MAED 2,839/sqftOff-planFreehold
26 Dec 2025
PALM DEIRA1BRAED 2.28MAED 2,890/sqftOff-planFreehold
15 Dec 2025
PALM DEIRA1BRAED 2.83MAED 4,030/sqftOff-planFreehold
17 Nov 2025
PALM DEIRA2BRAED 3.21MAED 2,827/sqftOff-planFreehold
HomeAreasRankActivity