Apartment for Sale in Dubai Islands by MGS Development

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Off Plan

Edgewater Residences

MGS Development
Apartment
0% Completed

About Property

Welcome to Edgewater Residences, a luxurious waterfront community located on Dubai Islands in the UAE. Nestled in the heart of this vibrant city, Edgewater Residences offers a unique blend of modern living and breathtaking views of the Arabian Gulf.

Our luxurious community features a range of amenities including a private pool, breathtaking views from your apartment, and access to a pet-friendly environment. Every moment spent at Edgewater Residences is sure to be memorable and indulgent for you and your family.

Immerse yourself in a world of opulence and sophistication at Edgewater Residences, where every detail is meticulously crafted to ensure an unparalleled standard of living for our discerning residents. Our residences are equipped with kids play areas and are conveniently located in the Nakhlat Deira area. Prices range from 2,253,957 AED to 4,138,612 AED, making Edgewater Residences the perfect choice for those looking for a luxurious and convenient lifestyle in Dubai.

Is This Home Your Lifestyle Match?

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Amenities

Pets Allowed
Pets Allowed
Kids Play Area
Kids Play Area

Location

Expected ROI

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Layouts and Prices

Payment Plans

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Photos

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Entrance Lounge
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Project presentation
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Finishing examples
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Community Spaces

Why Invest in Dubai?

High Rental Income

Dubai real estate offers lucrative rental yields for property investors.

Tax-Free Investing

Dubai has no income or property taxes, allowing your investments to grow tax-free.

World-Class Education

Dubai has prestigious international schools for top-notch education.

Safe and Secure

Dubai offers safety and stability for families and investors.

Lifestyle & Leisure

Dubai offers abundant amenities and entertainment for an enjoyable lifestyle.

Residency Benefits

Investing in Dubai real estate enables residency for your family.

Frequently Asked Questions

What is Kyna and how does it differ from other real estate platforms in Dubai?

Kyna is a unique real estate platform in Dubai that places a strong emphasis on transparent and genuine guidance for investors. Here’s how Kyna stands out:

  • Genuine Guidance: Kyna focuses on building real relationships, assisting investors at every turn.
  • Transparent Pricing: Prioritizing affordability, Kyna ensures no hidden costs and maximizes your savings.
  • Bespoke Tours: Tailored real estate tours and insightful investment advice for informed decisions.
  • AI-Powered Insights: Advanced AI tools speed up searches and offer insights into current and future property values.
  • Data Trustworthiness: Kyna's commitment ensures your personal information remains confidential and secure.
  • Visa Assistance: Simplifying the process, Kyna aids clients in obtaining their Dubai residential visas.

What are the regulations for owning property in Dubai as a foreigner?

Foreign nationals can own property in designated freehold zones in Dubai. They can secure absolute ownership rights for up to 99 years without leasehold or usufruct obligations. Title deeds are issued by the Dubai Land Department, and there are no age restrictions on property ownership. Notable freehold areas include Business Bay, Downtown Dubai, Discovery Gardens, Palm Jumeirah, and DIFC Dubai.

Are there any restrictions on the types of properties foreigners can buy in the UAE?

Foreign nationals can buy property with complete ownership rights in designated freehold zones. In other areas, they may only have tenancy rights over the physical structure. Freehold property owners may also be eligible for the UAE Golden Visa. It is advisable to seek independent legal and tax advice before making any decision.

How does the property buying process in Dubai differ from other emirates in the UAE?

In Dubai, property buyers must validate the property title deed with the Dubai Land Department (DLD) before registering the property. Costs involved include transfer fees, registration fees, and service charges. There are specific laws governing property ownership by foreign nationals. Understanding financing laws, mortgage requirements, and lease agreements is crucial. It is recommended to seek independent legal and tax advice.

What are the key benefits of investing in property in Dubai or the UAE?

Key benefits include:

  1. Stable and growing economy
  2. Tax advantages (no personal income tax, no capital gains tax)
  3. High rental yields
  4. High standard of living
  5. Continuous infrastructure development
  6. Freehold ownership for foreigners
  7. Diverse property types
  8. Status as a global business and tourist hub
  9. High-quality real estate
  10. Potential eligibility for residency or long-term visas
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From$608,568.00
Book At$60,857.00