Edgewater Residences 2 construction progress
Edgewater Residences 2 in Palm Deira is 55% built at the Land Department inspection of August 2026. Developer M G S Development. Completion registered for August 2026.
55%
Built, at the Land Department site inspection of 31 August 2026
1 months past its registered completion date
- Completion date (Land Department)
- August 2026
- Finish at recent pace
- September 2027
- Construction started
- June 2024
- Registered with the Land Department
- June 2024
- Developer
- M G S Development
- Community
- Palm Deira
- Units
- 97
- Escrow bank
- Abu Dhabi Commercial Bank
- Name in Arabic
- مساكن ايدج ووتر 2
- Land Department project number
- 3011
- Land Department site inspections
- 6
Schedule
Edgewater Residences 2 was registered to complete in August 2026, 1 month ago, and is still under construction. Over the last year of inspections it has added about 3.7 points a month. Kept at that rate, the site would reach 100% around September 2027.
Site inspections
31 August 2026
55%+17 pts
28 April 2026
38%+17 pts
27 November 2025
21%+7.9 pts
15 July 2025
13%+12 pts
27 January 2025
0.8%+0.8 pts
5 April 2024
0%
Context
Palm Deira has 95 projects under construction, 22% built on average.
M G S Development has 3 projects under construction in Dubai; 1 has passed its registered completion date.
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Notify me when it launchesQuestions
- When will Edgewater Residences 2 be completed?
- The completion date registered with the Dubai Land Department is August 2026. At the pace of its recent inspections the site would reach 100% around September 2027. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Edgewater Residences 2 is built?
- 55%, measured at the Land Department site inspection on 31 August 2026. The Land Department engineers have inspected the site 6 times since April 2024.
- Is Edgewater Residences 2 delayed?
- Yes. Its registered completion date of August 2026 has passed and the Land Department still lists it as under construction.
- Who is building Edgewater Residences 2?
- The registered developer is M G S Development. It has 2 other projects under construction in Dubai.
- Which bank holds the escrow account for Edgewater Residences 2?
- Abu Dhabi Commercial Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.
- Edgewater ResidencesAlso by M G S Development. 48%.
- Edgewater Residences 3Also by M G S Development. 30%, Due January 2027.
- Bay Residences Dubai IslandsNearby in Palm Deira. 48%, Due October 2026.
- Beach Residences Dubai IslandsNearby in Palm Deira. 29%.
- Bay Villas - Dubai IslandsNearby in Palm Deira. 23%, Due May 2027.
- Hatimi Residences By FakhruddinNearby in Palm Deira. 51%, Due October 2026, passed.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.