Edgewater Residences 3 construction progress
Edgewater Residences 3 in Palm Deira is 30% built at the Land Department inspection of August 2026. Developer M G S Development. Completion registered for January 2027.
30%
Built, at the Land Department site inspection of 31 August 2026
Running behind its date
- Completion date (Land Department)
- January 2027
- Finish at recent pace
- October 2028
- Construction started
- November 2024
- Registered with the Land Department
- March 2025
- Developer
- M G S Development
- Community
- Palm Deira
- Units
- 328
- Escrow bank
- Abu Dhabi Commercial Bank
- Name in Arabic
- مساكن ايدج ووتر 3
- Land Department project number
- 3177
- Land Department site inspections
- 5
Schedule
Between December 2025 and August 2026 the site added about 2.7 points a month. At that rate it would finish around October 2028, more than three months after the January 2027 date registered with the Land Department.
Site inspections
31 August 2026
30%+15 pts
4 May 2026
15%+6.5 pts
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27 December 2025
8.5%+3.3 pts
15 July 2025
5.2%+5.2 pts
10 February 2025
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 3 be completed?
- The completion date registered with the Dubai Land Department is January 2027. At the pace of its recent inspections the site would reach 100% around October 2028. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Edgewater Residences 3 is built?
- 30%, measured at the Land Department site inspection on 31 August 2026. The Land Department engineers have inspected the site 5 times since February 2025.
- Is Edgewater Residences 3 delayed?
- It is running behind. At the rate of the last year it would finish more than three months after its registered date of January 2027.
- Who is building Edgewater Residences 3?
- 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 3?
- 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 2Also by M G S Development. 55%, Due August 2026, passed.
- 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.