MGS "Edgewater Residences Phase 1"
MGS Development · Dubai Islands · Dubai
SKID Score6.8 / 10
SKID Score
6.8 / 10
Worth comparing
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: exit liquidity. Weakest: supply.
- Published price
- From AED 2.39M
- Payment plan
- —
- Handover
- Feb 2027
- Available units
- 2–3 beds · Freehold
- Gross yield
- 6.7%
- Fair value
- -3.4%
- Risk
- Medium
- At handover
- Plan not published
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 6.7%
- Fair value
- -3.4%
↑ 0.6 since last analysis
Last evaluated: 2026-10-21
01 · Ranked
10 factors
0% total
Tap any slice or factor below to inspect how SKID weighs and verifies it.
Why SKID gave it 6.8
| Factor | Weight | Score |
|---|---|---|
Location Waterfront or beach positioning | 26.7% | 7.4/ 10 |
Entry price Launch is -3.4% versus median DLD sale price per sq ft in this community | 20% | 7.6/ 10 |
Supply / competition Heavy competing supply: 62 other launches in Dubai Islands | 13.3% | 3.6/ 10 |
Appreciation potential Community closed-sale trend is +0.0% year on year | 13.3% | 6.3/ 10 |
Rental yield Implied gross yield is 6.7% against community rents | 10% | 7.6/ 10 |
Delivery risk Near-completion handover inside six months | 6.7% | 7.4/ 10 |
Service charges Service charge published at 19 | 3.3% | 5.5/ 10 |
Exit liquidity 88 closed sales in the last year in this community | 6.7% | 8.6/ 10 |
Strong
- • 88 closed sales in the last year in this community
Watch
- • Waterfront or beach positioning
- • Launch is -3.4% versus median DLD sale price per sq ft in this community
- • Community closed-sale trend is +0.0% year on year
- • Implied gross yield is 6.7% against community rents
- • Near-completion handover inside six months
Risk
- • Heavy competing supply: 62 other launches in Dubai Islands
- • Service charge published at 19
🤖What the agents are saying & Did each agent do its job?Show audit details ▾
Did each agent do its job?
No current news specifically about this project, developer, or community, so news did not change the SKID score.
MGS Development is named, but there is no completed project on this catalog and no delivery record, so developer history did not change the SKID score. Delivery risk 7.4 / 10. Near-completion handover inside six months.
Community read for Dubai Islands: location 7.4 / 10, supply 3.6 / 10. Waterfront or beach positioning Heavy competing supply: 62 other launches in Dubai Islands
Pricing agent: Launch is -3.4% versus median DLD sale price per sq ft in this community Service charge published at 19 88 closed sales in the last year in this community
ROI agent: Community closed-sale trend is +0.0% year on year Implied gross yield is 6.7% against community rents
No payment plan split was published, so the payment plan did not change the SKID score.
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: exit liquidity. Weakest: supply.
What the agents are saying
News sentiment
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation
MGS Development is named, but there is no completed project on this catalog and no delivery record, so developer history did not change the SKID score. Delivery risk 7.4 / 10. Near-completion handover inside six months.
Community
Community read for Dubai Islands: location 7.4 / 10, supply 3.6 / 10. Waterfront or beach positioning Heavy competing supply: 62 other launches in Dubai Islands
Pricing
Pricing agent: Launch is -3.4% versus median DLD sale price per sq ft in this community Service charge published at 19 88 closed sales in the last year in this community
ROI
ROI agent: Community closed-sale trend is +0.0% year on year Implied gross yield is 6.7% against community rents
Payment plan
No payment plan split was published, so the payment plan did not change the SKID score.
Orchestrator
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: exit liquidity. Weakest: supply.
Location
Dubai Islands · Dubai
Recent sales nearby
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-07 | Off-plan · Apartment | AED 2.83M | 1,272 | 2,223 |
| 2026-07-07 | Off-plan · Apartment | AED 2.66M | 1,585 | 1,676 |
| 2026-07-07 | Off-plan · Apartment | AED 4.26M | 2,295 | 1,858 |
| 2026-07-07 | Off-plan · Apartment | AED 3.23M | 1,568 | 2,060 |
| 2026-07-06 | Off-plan · Apartment | AED 4.15M | 1,504 | 2,760 |
| 2026-07-06 | Off-plan · Apartment | AED 4.35M | 1,635 | 2,661 |
| 2026-07-06 | Off-plan · Apartment | AED 3.37M | 1,553 | 2,170 |
| 2026-07-06 | Off-plan · Apartment | AED 3.4M | 1,550 | 2,194 |
Closed sales in this community. These are not this tower's own contracts unless the record says so.
Available units
2–3 beds · Apartments
AED 2.39M – AED 4.9M
979 – 3,063 sq.ft
From AED 5.34M
3,431 sq.ft
From 979 sq ft / sq m as published
Service charge 19
Amenities
- Security & CCTV
- Shared Pool
- Kids’ Play Area
- Lobby
- Shared Gym & Fitness Centre
- Leisure Areas
- Social Zone
- Walking Paths
- Lift
- Shared Gym
- Recreational Areas
Compare
MGS "Edgewater Residences Phase 1"
From AED 2.39M · ★ 6.8 / 10
Questions about this launch
- Who is building MGS "Edgewater Residences Phase 1"?
- MGS Development is the developer named on this launch.
- When is handover for MGS "Edgewater Residences Phase 1"?
- The published handover is Feb 2027.
- What is the starting price of MGS "Edgewater Residences Phase 1"?
- The published starting price is AED 2.39M.
- What does the SKID screen mean for MGS "Edgewater Residences Phase 1"?
- The SKID screen for this launch in Dubai Islands is 71 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.