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Edgewater Residences 3

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

Development & Handover Profile

⚠️ Past Expected Date

Construction Progress5.2%

Project Start

Nov 30, 2024

Expected Handover

Sep 30, 2026

Official Status

ACTIVE

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

vs Area

-9.9%

Asset Turnover

ⓘ

3.0%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

328

Avg Unit Size

1259 sqft

3BR

17.4%

1BR

50.6%

2BR

32.0%

Room Configuration

Unit Type	Count	Share
1BR	166	50.6%
2BR	105	32.0%
3BR	57	17.4%

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 Type	Inventory Share	Sales Share (12M)	Demand Index	Status
1BR	50.6% 166 units	81.6% 31 sold	1.61	🔥 HIGH DEMAND
2BR	32.0% 105 units	15.8% 6 sold	0.49	⚠️ LOW DEMAND
3BR	17.4% 57 units	2.6% 1 sold	0.15	🚫 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

Date	Area	Rooms	Price	PSF	Status	Ownership
10 Sep 2026	PALM DEIRA	1BR	AED 2.24M	AED 2,643/sqft	Off-plan	Freehold
8 Sep 2026	PALM DEIRA	1BR	AED 2.28M	AED 2,895/sqft	Off-plan	Freehold
16 Jul 2026	PALM DEIRA	1BR	AED 2.23M	AED 2,834/sqft	Off-plan	Freehold
3 Jun 2026 Published 4 Jun 2026	PALM DEIRA	2BR	AED 3.00M	AED 2,378/sqft	Off-plan	Freehold
8 May 2026 Published 11 May 2026	PALM DEIRA	1BR	AED 2.24M	AED 2,834/sqft	Off-plan	Freehold
28 Apr 2026	PALM DEIRA	1BR	AED 2.24M	AED 2,646/sqft	Off-plan	Freehold
14 Apr 2026	PALM DEIRA	1BR	AED 2.20M	AED 2,797/sqft	Off-plan	Freehold
10 Apr 2026	PALM DEIRA	1BR	AED 2.23M	AED 2,806/sqft	Off-plan	Freehold
31 Mar 2026 Published 1 Apr 2026	PALM DEIRA	1BR	AED 2.23M	AED 2,633/sqft	Off-plan	Freehold
27 Mar 2026 Published 30 Mar 2026	PALM DEIRA	1BR	AED 2.23M	AED 2,633/sqft	Off-plan	Freehold
27 Mar 2026 Published 30 Mar 2026	PALM DEIRA	1BR	AED 2.28M	AED 2,892/sqft	Off-plan	Freehold
23 Mar 2026	PALM DEIRA	1BR	AED 2.23M	AED 2,829/sqft	Off-plan	Freehold
23 Mar 2026	PALM DEIRA	1BR	AED 2.19M	AED 2,772/sqft	Off-plan	Freehold
21 Mar 2026 Published 23 Mar 2026	PALM DEIRA	1BR	AED 2.27M	AED 2,856/sqft	Off-plan	Freehold
3 Mar 2026	PALM DEIRA	1BR	AED 2.19M	AED 2,797/sqft	Off-plan	Freehold
2 Mar 2026	PALM DEIRA	1BR	AED 2.24M	AED 2,895/sqft	Off-plan	Freehold
2 Mar 2026	PALM DEIRA	1BR	AED 2.22M	AED 2,795/sqft	Off-plan	Freehold
2 Mar 2026	PALM DEIRA	1BR	AED 2.22M	AED 2,797/sqft	Off-plan	Freehold
27 Feb 2026 Published 2 Mar 2026	PALM DEIRA	1BR	AED 2.22M	AED 2,821/sqft	Off-plan	Freehold
19 Feb 2026	PALM DEIRA	1BR	AED 2.19M	AED 2,772/sqft	Off-plan	Freehold
16 Feb 2026	PALM DEIRA	1BR	AED 2.22M	AED 2,797/sqft	Off-plan	Freehold
11 Feb 2026	PALM DEIRA	1BR	AED 2.19M	AED 2,834/sqft	Off-plan	Freehold
2 Feb 2026	PALM DEIRA	1BR	AED 2.48M	AED 3,395/sqft	Off-plan	Freehold
27 Jan 2026 Published 28 Jan 2026	PALM DEIRA	2BR	AED 2.94M	AED 2,415/sqft	Off-plan	Freehold
22 Jan 2026	PALM DEIRA	1BR	AED 2.24M	AED 2,638/sqft	Off-plan	Freehold
22 Jan 2026	PALM DEIRA	1BR	AED 2.23M	AED 2,633/sqft	Off-plan	Freehold
19 Jan 2026	PALM DEIRA	1BR	AED 2.24M	AED 2,844/sqft	Off-plan	Freehold
5 Jan 2026	PALM DEIRA	1BR	AED 2.24M	AED 2,819/sqft	Off-plan	Freehold
29 Dec 2025	PALM DEIRA	1BR	AED 2.26M	AED 2,839/sqft	Off-plan	Freehold
26 Dec 2025	PALM DEIRA	1BR	AED 2.28M	AED 2,890/sqft	Off-plan	Freehold