Edgewater Residences 3, Palm Deira

    Sold Prices · DLD Data

    Edgewater Residences 3

    Palm Deira, Dubai · Palm Deira

    AED 2,775

    Avg Price / sqft

    AED 2.3M

    Avg Sale Price

    26

    DLD Sales Recorded

    3.5%

    Est. Gross Yield

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    Market snapshot

    Edgewater Residences 3 — the numbers

    Edgewater Residences 3 is a residential building in Palm Deira, Dubai with approximately 328 units. Dubai Land Department records show 26 sales in the building, at an average price of AED 2.3M — around AED 2,775 per square foot.

    Since January 2026, 23 sales completed in Edgewater Residences 3, with the average price per square foot moving from AED 2,670 to AED 2,750 (+3%). Prices have held broadly steady, a sign of a balanced market in the tower.

    Benchmarked against average residential rents in Palm Deira, a typical unit in Edgewater Residences 3 returns an estimated 3.5% gross rental yield before service charges — a useful starting point for investors comparing towers across Palm Deira.

    Figures are from Dubai Land Department transaction records for Edgewater Residences 3; individual units vary by floor, view and finish. Gross yield is estimated against average Palm Deira residential rents, before service charges.

    Price trend

    Price trend in Edgewater Residences 3

    Average sale price per sqft by month since January 2026 (single-sale months excluded)+3%

    2,7022,7972,892Jan 26: AED 2,670/sqft · 5 salesJan 26Feb 26: AED 2,924/sqft · 5 salesFeb 26Mar 26: AED 2,790/sqft · 10 salesMar 26Apr 26: AED 2,750/sqft · 3 salesApr 26

    Unit types

    Prices by unit type

    1 Bed

    AED 2.2M

    AED 2,807/sqft

    24 sales · last 12 months

    2 Bed

    AED 3.0M

    AED 2,397/sqft

    2 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    16 Jul 2026Sales1786AED 2.2MAED 2,834
    03 Jun 2026Sales21,261AED 3.0MAED 2,378
    08 May 2026Sales1789AED 2.2MAED 2,834
    28 Apr 2026Sales1846AED 2.2MAED 2,646
    14 Apr 2026Sales1787AED 2.2MAED 2,797
    10 Apr 2026Sales1795AED 2.2MAED 2,806
    31 Mar 2026Sales1849AED 2.2MAED 2,633
    27 Mar 2026Sales1846AED 2.2MAED 2,633
    27 Mar 2026Sales1789AED 2.3MAED 2,892
    23 Mar 2026Sales1789AED 2.2MAED 2,772
    23 Mar 2026Sales1789AED 2.2MAED 2,829
    21 Mar 2026Sales1794AED 2.3MAED 2,856
    03 Mar 2026Sales1784AED 2.2MAED 2,797
    02 Mar 2026Sales1772AED 2.2MAED 2,895
    02 Mar 2026Sales1794AED 2.2MAED 2,797
    02 Mar 2026Sales1795AED 2.2MAED 2,795
    27 Feb 2026Sales1786AED 2.2MAED 2,821
    19 Feb 2026Sales1789AED 2.2MAED 2,772
    16 Feb 2026Sales1793AED 2.2MAED 2,797
    11 Feb 2026Sales1772AED 2.2MAED 2,834

    About the area

    Edgewater Residences 3 is in Dubai Islands

    Dubai Islands represents a groundbreaking waterfront community that encompasses five individual islands, strategically designed to elevate the standard of coastal living in Dubai. Spanning an impressive 17 square kilometers, this development caters to families, professionals, and investors, offering a vibrant and connected lifestyle that is both modern and inviting.

    Explore the Dubai Islands area guide

    Nearby

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    FAQ

    Edgewater Residences 3: frequently asked questions

    What is the average price in Edgewater Residences 3?

    The average recorded sale price in Edgewater Residences 3, Palm Deira is AED 2.3M, around AED 2,775 per square foot, based on Dubai Land Department transaction data.

    Are prices in Edgewater Residences 3 going up or down?

    Average sale prices in Edgewater Residences 3 have risen +3% per square foot since January 2026, across 23 DLD-recorded sales.

    What rental yield can I expect in Edgewater Residences 3?

    Based on average Palm Deira residential rents against sale prices in the building, a typical unit in Edgewater Residences 3 yields roughly 3.5% gross per year, before service charges and fees.

    How many properties have sold in Edgewater Residences 3?

    26 sales have been recorded in Edgewater Residences 3 according to DLD data, across approximately 328 units.

    Considering Edgewater Residences 3?

    Get honest, DLD-backed guidance on pricing, yields and availability in Palm Deira from Binayah's advisors — no pressure, just the numbers.

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