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Edgewater Residences

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

Development & Handover Profile

🏗️ Under Construction
Construction Progress9.2%
Project Start
Apr 30, 2024
Expected Handover
N/A
Total Units
79
Avg Unit Size
1206 sqft
Freehold Ratio
100%
Escrow Agent
Abu Dhabi Commercial Bank
Median Price
AED 2.19M
PSF
AED 2,016/sqft
Sales 12M
3
vs Area
-19.2%
Asset Turnover
ⓘ
3.8%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
79
Avg Unit Size
1206 sqft
3BR
31.6%
1BR
26.6%
2BR
41.8%

Room Configuration

Unit TypeCountShare
2BR3341.8%
3BR2531.6%
1BR2126.6%

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
2BR41.8%
33 units
33.3%
2 sold
0.80⚠️ STAGNANT
3BR31.6%
25 units
0.0%
0 sold
—🚫 GHOST UNIT
1BR26.6%
21 units
66.7%
4 sold
2.51🔥 HIGH DEMAND
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
17 Aug 2026
PALM DEIRA1BRAED 1.70MAED 2,275/sqftOff-planFreehold
13 Jul 2026
Published 14 Jul 2026
PALM DEIRA2BRAED 2.29MAED 2,033/sqftOff-planFreehold
2 Feb 2026
PALM DEIRA2BRAED 2.25MAED 2,116/sqftOff-planFreehold
24 Dec 2025
PALM DEIRA1BRAED 1.27MAED 2,328/sqftOff-planFreehold
17 Dec 2025
PALM DEIRA1BRAED 1.38MAED 2,504/sqftOff-planFreehold
15 Dec 2025
PALM DEIRA1BRAED 1.40MAED 2,557/sqftOff-planFreehold
12 Dec 2024
PALM DEIRA2BRAED 2.26MAED 2,004/sqftOff-planFreehold
9 Dec 2024
PALM DEIRA1BRAED 1.65MAED 2,207/sqftOff-planFreehold
27 Nov 2024
PALM DEIRA3BRAED 2.80MAED 2,047/sqftOff-planFreehold
25 Nov 2024
PALM DEIRA3BRAED 2.64MAED 1,934/sqftOff-planFreehold
25 Nov 2024
PALM DEIRA3BRAED 2.45MAED 1,792/sqftOff-planFreehold
22 Nov 2024
PALM DEIRA2BRAED 2.10MAED 1,997/sqftOff-planFreehold
22 Nov 2024
PALM DEIRA2BRAED 2.12MAED 1,884/sqftOff-planFreehold
20 Nov 2024
PALM DEIRA3BRAED 2.85MAED 1,916/sqftOff-planFreehold
15 Nov 2024
PALM DEIRA3BRAED 2.67MAED 1,793/sqftOff-planFreehold
15 Nov 2024
PALM DEIRA3BRAED 2.70MAED 1,911/sqftOff-planFreehold
15 Nov 2024
PALM DEIRA3BRAED 2.53MAED 1,788/sqftOff-planFreehold
15 Nov 2024
PALM DEIRA2BRAED 2.22MAED 2,114/sqftOff-planFreehold
15 Nov 2024
PALM DEIRA3BRAED 2.46MAED 1,785/sqftOff-planFreehold
12 Nov 2024
PALM DEIRA3BRAED 2.63MAED 1,908/sqftOff-planFreehold
11 Nov 2024
PALM DEIRA3BRAED 2.64MAED 1,917/sqftOff-planFreehold
11 Nov 2024
PALM DEIRA3BRAED 2.62MAED 1,916/sqftOff-planFreehold
11 Nov 2024
PALM DEIRA2BRAED 2.15MAED 2,026/sqftOff-planFreehold
8 Oct 2024
PALM DEIRA3BRAED 2.65MAED 1,925/sqftOff-planFreehold
7 Oct 2024
PALM DEIRA1BRAED 1.64MAED 2,197/sqftOff-planFreehold
3 Oct 2024
PALM DEIRA3BRAED 2.65MAED 1,943/sqftOff-planFreehold
1 Oct 2024
PALM DEIRA3BRAED 2.67MAED 1,934/sqftOff-planFreehold
30 Sep 2024
PALM DEIRA1BRAED 1.66MAED 2,217/sqftOff-planFreehold
30 Sep 2024
PALM DEIRA1BRAED 1.21MAED 2,215/sqftOff-planFreehold
20 Sep 2024
PALM DEIRA1BRAED 1.66MAED 2,227/sqftOff-planFreehold
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