Edgewater Residences 3

Off-Plan

DeveloperM G S DEVELOPMENT L.L.C

CommunityPalm Deira

AreaPalm Deira

Started

1 year 1 month ago30-11-2024

Handover

In 1 year31-01-2027

Status

5% BuiltIn Progress

Project Description

G+2P+12F+R Residential Building. The project designed to have a concrete structure and block with internal and external finishes.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+10%

Growth

Current:AED 2,810/sqft

Last 12M:AED 2,550/sqft

Momentum: Last 12Mvs Prior Year

Falling

-14%

Decline

Last 12M:AED 2,550/sqft

Prior Year:AED 2,950/sqft

Community Compare: Last 90DPalm Deira

Premium

+12%

Above Avg

Project:AED 2,810/sqft

Community:AED 2,506/sqft

Liquidity: Last 12MExit Speed

High

36%Turnover

118Sold (Last 12M)

Supply & Demand Matrix

Edgewater Residences 3 averaged 36% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

166 units

68 sold98 left

41%

Velocity

2 Bedrooms

105 units

32 sold73 left

30%

Velocity

3 Bedrooms

57 units

18 sold39 left

32%

Velocity

Layouts & Units (328)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 16 units	Type Flat	Beds 1 B/R	Size 793 sqft	Avg Price AED 2.1M	Last Price AED 2.2M	Last Sold 18 days ago	Sales 3

Units 19 units	Type Flat	Beds 1 B/R	Size 791 sqft	Avg Price AED 2.1M	Last Price AED 2.3M	Last Sold 28 days ago	Sales 7

Units 5 units	Type Flat	Beds 1 B/R	Size 703 sqft	Avg Price AED 2.3M	Last Price AED 2.8M	Last Sold about 1 month ago	Sales 2

Units 5 units	Type Flat	Beds 2 B/R	Size 1,136 sqft	Avg Price AED 3.2M	Last Price AED 3.2M	Last Sold 2 months ago	Sales 1

Units 6 units	Type Flat	Beds 1 B/R	Size 697 sqft	Avg Price AED 2.1M	Last Price AED 2.8M	Last Sold 2 months ago	Sales 5

Units 10 units	Type Flat	Beds 1 B/R	Size 799 sqft	Avg Price AED 2.2M	Last Price AED 3.0M	Last Sold 2 months ago	Sales 8

Units 10 units	Type Flat	Beds 3 B/R	Size 2,559 sqft	Avg Price AED 5.1M	Last Price AED 7.5M	Last Sold 3 months ago	Sales 3

Units 10 units	Type Flat	Beds 2 B/R	Size 1,161 sqft	Avg Price AED 3.2M	Last Price AED 4.0M	Last Sold 3 months ago	Sales 5

Units 10 units	Type Flat	Beds 2 B/R	Size 1,176 sqft	Avg Price AED 3.0M	Last Price AED 2.9M	Last Sold 3 months ago	Sales 6

Units A102	Type Flat	Beds 2 B/R	Size 1,396 sqft	Avg Price AED 2.8M	Last Price AED 2.8M	Last Sold 3 months ago	Sales 1

Units 5 units	Type Flat	Beds 2 B/R	Size 1,557 sqft	Avg Price AED 3.8M	Last Price AED 4.4M	Last Sold 4 months ago	Sales 4

Units 6 units	Type Flat	Beds 1 B/R	Size 849 sqft	Avg Price AED 2.0M	Last Price AED 2.1M	Last Sold 4 months ago	Sales 2

Units 10 units	Type Flat	Beds 1 B/R	Size 730 sqft	Avg Price AED 2.0M	Last Price AED 2.1M	Last Sold 4 months ago	Sales 7

Units 10 units	Type Flat	Beds 1 B/R	Size 646 sqft	Avg Price AED 1.8M	Last Price AED 2.0M	Last Sold 5 months ago	Sales 4

Units 5 units	Type Flat	Beds 1 B/R	Size 872 sqft	Avg Price AED 2.4M	Last Price AED 2.0M	Last Sold 5 months ago	Sales 5

Units 5 units	Type Flat	Beds 1 B/R	Size 1,291 sqft	Avg Price AED 2.3M	Last Price AED 2.4M	Last Sold 5 months ago	Sales 2

Units 10 units	Type Flat	Beds 2 B/R	Size 1,081 sqft	Avg Price AED 2.7M	Last Price AED 3.2M	Last Sold 5 months ago	Sales 3

Units 11 units	Type Flat	Beds 1 B/R	Size 786 sqft	Avg Price AED 1.8M	Last Price AED 1.8M	Last Sold 6 months ago	Sales 1

Units 5 units	Type Flat	Beds 1 B/R	Size 1,477 sqft	Avg Price AED 3.7M	Last Price AED 3.7M	Last Sold 6 months ago	Sales 1

Units 10 units	Type Flat	Beds 2 B/R	Size 1,219 sqft	Avg Price AED 2.5M	Last Price AED 2.6M	Last Sold 6 months ago	Sales 3

Units 4 units	Type Flat	Beds 1 B/R	Size 756 sqft	Avg Price AED 2.1M	Last Price AED 2.2M	Last Sold 6 months ago	Sales 4

Units 6 units	Type Flat	Beds 1 B/R	Size 845 sqft	Avg Price AED 2.0M	Last Price AED 2.0M	Last Sold 6 months ago	Sales 1

Units 4 units	Type Flat	Beds 2 B/R	Size 1,261 sqft	Avg Price AED 2.8M	Last Price AED 2.8M	Last Sold 6 months ago	Sales 2

Units 10 units	Type Flat	Beds 2 B/R	Size 1,127 sqft	Avg Price AED 2.7M	Last Price AED 2.7M	Last Sold 6 months ago	Sales 3

Units 4 units	Type Flat	Beds 3 B/R	Size 1,948 sqft	Avg Price AED 5.0M	Last Price AED 6.2M	Last Sold 6 months ago	Sales 4

Units 4 units	Type Flat	Beds 1 B/R	Size 698 sqft	Avg Price AED 2.0M	Last Price AED 2.1M	Last Sold 6 months ago	Sales 3

Units B1201	Type Flat	Beds 2 B/R	Size 1,202 sqft	Avg Price AED 3.1M	Last Price AED 3.1M	Last Sold 6 months ago	Sales 1

Units 5 units	Type Flat	Beds 1 B/R	Size 750 sqft	Avg Price AED 1.8M	Last Price AED 1.7M	Last Sold 7 months ago	Sales 5

Units 4 units	Type Flat	Beds 1 B/R	Size 873 sqft	Avg Price AED 2.4M	Last Price AED 2.0M	Last Sold 7 months ago	Sales 4

Units 8 units	Type Flat	Beds 3 B/R	Size 2,365 sqft	Avg Price AED 5.0M	Last Price AED 5.6M	Last Sold 7 months ago	Sales 7

Units B1111	Type Flat	Beds 3 B/R	Size 2,264 sqft	Avg Price AED 6.0M	Last Price AED 6.0M	Last Sold 7 months ago	Sales 1

Units 5 units	Type Flat	Beds 2 B/R	Size 1,140 sqft	Avg Price AED 2.7M	Last Price AED 2.7M	Last Sold 7 months ago	Sales 1

Units 4 units	Type Flat	Beds 2 B/R	Size 1,603 sqft	Avg Price AED 3.6M	Last Price AED 3.2M	Last Sold 8 months ago	Sales 2

Units 4 units	Type Flat	Beds 3 B/R	Size 2,256 sqft	Avg Price AED 4.7M	Last Price AED 3.7M	Last Sold 8 months ago	Sales 2

Units 5 units	Type Flat	Beds 1 B/R	Size 823 sqft	Avg Price AED 2.2M	Last Price AED 1.8M	Last Sold 9 months ago	Sales 4

Units B211	Type Flat	Beds 1 B/R	Size 741 sqft	Avg Price AED 1.7M	Last Price AED 1.7M	Last Sold 9 months ago	Sales 1

Units 4 units	Type Flat	Beds 3 B/R	Size 1,626 sqft	Avg Price AED 3.3M	Last Price AED 3.3M	Last Sold 9 months ago	Sales 1

Units B1205	Type Flat	Beds 1 B/R	Size 714 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units C104	Type Flat	Beds 1 B/R	Size 765 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 1 B/R	Size 772 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B1204	Type Flat	Beds 1 B/R	Size 1,108 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B102	Type Flat	Beds 1 B/R	Size 1,135 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 1,145 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 1 B/R	Size 1,161 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 10 units	Type Flat	Beds 1 B/R	Size 1,217 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units C105	Type Flat	Beds 1 B/R	Size 1,587 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units A105	Type Flat	Beds 1 B/R	Size 1,602 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B105	Type Flat	Beds 1 B/R	Size 1,748 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B101	Type Flat	Beds 1 B/R	Size 2,366 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B1202	Type Flat	Beds 1 B/R	Size 2,481 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units C205	Type Flat	Beds 2 B/R	Size 1,181 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 9 units	Type Flat	Beds 2 B/R	Size 1,183 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 6 units	Type Flat	Beds 2 B/R	Size 1,265 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,293 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units C102	Type Flat	Beds 2 B/R	Size 1,386 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B1203	Type Flat	Beds 2 B/R	Size 1,446 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B210	Type Flat	Beds 2 B/R	Size 1,673 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 2 B/R	Size 1,869 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 2,151 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 2,312 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units C106	Type Flat	Beds 2 B/R	Size 2,614 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units A106	Type Flat	Beds 2 B/R	Size 2,618 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B209	Type Flat	Beds 3 B/R	Size 1,533 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Flat	Beds 3 B/R	Size 1,685 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 3 B/R	Size 1,752 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B109	Type Flat	Beds 3 B/R	Size 1,854 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 5 units	Type Flat	Beds 3 B/R	Size 1,978 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds 3 B/R	Size 2,162 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B1108	Type Flat	Beds 3 B/R	Size 2,163 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 3 B/R	Size 2,171 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B1207	Type Flat	Beds 3 B/R	Size 2,493 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B108	Type Flat	Beds 3 B/R	Size 3,576 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 3 B/R	Size 3,802 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units B1208	Type Flat	Beds 3 B/R	Size 4,826 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

74 unique layouts covering 328 units