M G S Development L.L.C
Data through 22 Oct 2026 · DLD project registry and registered sales · trailing 12 months Oct 2025 – Sep 2026 · rebuilt daily
M G S Development L.L.C has 3 projects in the Dubai Land Department registry, 3 of them still under construction. 70 sales were registered across them in the trailing 12 months at a median AED 2.24M and 2 595 AED per square foot, down 6.0% on the previous 12 months. These are registered transactions, not the developer's price list.
Source: Registered DLD transactions · Data through 22 Oct 2026 · sample 70 records · outlier-trimmed median, complete months only · Methodology v1.0 ↗
Price per square foot, month by month
median interquartile range (middle 50% of transactions)
Source: Registered DLD transactions · Data through 22 Oct 2026 · monthly medians, months with fewer than 5 registered sales are left blank; the line stops at Jul 2026: in the 2 months since, no month reached the five registered sales a median needs (4 in total) · Methodology v1.0 ↗
The same figures as a table
| Month | Sales | Median price | Median AED/sqft | IQR AED/sqft |
|---|---|---|---|---|
| Jul 2026 | 5 | AED 2.83M | 2 194 | 2 170 – 2 223 |
| Jun 2026 | 2 | — | — | — |
| May 2026 | 1 | — | — | — |
| Apr 2026 | 4 | — | — | — |
| Mar 2026 | 15 | AED 2.24M | 2 795 | 2 373 – 2 825 |
| Feb 2026 | 7 | AED 2.25M | 2 772 | 2 295 – 2 815 |
| Jan 2026 | 7 | AED 2.24M | 2 633 | 2 317 – 2 728 |
| Dec 2025 | 10 | AED 2.20M | 2 455 | 2 371 – 2 768 |
| Nov 2025 | 7 | AED 2.99M | 2 914 | 2 655 – 3 614 |
| Oct 2025 | 8 | AED 2.06M | 2 258 | 2 162 – 2 508 |
| Sep 2025 | 7 | AED 2.01M | 2 351 | 2 325 – 2 639 |
| Aug 2025 | 16 | AED 2.34M | 2 475 | 2 216 – 2 612 |
| Jul 2025 | 19 | AED 2.50M | 2 364 | 2 203 – 2 530 |
Source: Registered DLD transactions · Data through 22 Oct 2026 · complete months only; the current month is excluded because DLD keeps registering it · Methodology v1.0 ↗
By number of bedrooms
| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| 1-bedroom apartments | 45 | AED 2.22M | 2 795 | 793 sqft | — | — |
| 2-bedroom apartments | 23 | AED 3.01M | 2 321 | 1 272 sqft | — | — |
| 3-bedroom apartments insufficient data | 2 | — | — | — | — | — |
Source: Registered DLD sales and Ejari rental contracts · Data through 22 Oct 2026 · yield shown only where at least 15 rents and 15 ready-home sales support it · Methodology v1.0 ↗
Projects by this developer
| Project | Sales | Median price | Median AED/sqft | Off-plan |
|---|---|---|---|---|
| Edgewater Residences 3 | 39 | AED 2.24M | 2 821 | 100.0% |
| Edgewater Residences 2 | 24 | AED 2.87M | 2 274 | 100.0% |
| Edgewater Residences low sample (7) | 7 | AED 1.70M | 2 329 | 100.0% |
Source: Registered DLD transactions · Data through 22 Oct 2026 · outlier-trimmed median, complete months only · Methodology v1.0 ↗
Registered sales by year
median interquartile range (middle 50% of transactions)
| Year | Sales | Median price | Median AED/sqft | Total registered value |
|---|---|---|---|---|
| 2026 | 45 | AED 2.24M | 2 638 | AED 112.80M |
| 2025 | 153 | AED 2.28M | 2 451 | AED 407.45M |
| 2024 | 106 | AED 2.27M | 2 024 | AED 237.49M |
| 2022 | 3 | — | — | AED 64.73M |
Source: Registered DLD transactions · Data through 22 Oct 2026 · calendar years; the current year is partial · Methodology v1.0 ↗
Latest registered sales
| Date | Property | Registration | Size | Price | AED/sqft |
|---|---|---|---|---|---|
| 14 Sep 2026 | 2 B/R Flat — Edgewater Residences | Off-plan | 1 319 sqft | AED 3 093 093 | 2 346 |
| 10 Sep 2026 | 1 B/R Flat — Edgewater Residences 3 | Off-plan | 846 sqft | AED 2 236 354 | 2 643 |
| 8 Sep 2026 | 1 B/R Flat — Edgewater Residences 3 | Off-plan | 786 sqft | AED 2 275 880 | 2 895 |
| 17 Aug 2026 | 1 B/R Flat — Edgewater Residences | Off-plan | 747 sqft | AED 1 700 000 | 2 275 |
| 16 Jul 2026 | 1 B/R Flat — Edgewater Residences 3 | Off-plan | 786 sqft | AED 2 227 458 | 2 834 |
| 14 Jul 2026 | 2 B/R Flat — Edgewater Residences | Off-plan | 1 128 sqft | AED 2 292 606 | 2 033 |
| 7 Jul 2026 | 2 B/R Flat — Edgewater Residences 2 | Off-plan | 1 272 sqft | AED 2 827 887 | 2 223 |
| 6 Jul 2026 | 2 B/R Flat — Edgewater Residences 2 | Off-plan | 1 553 sqft | AED 3 369 115 | 2 170 |
| 6 Jul 2026 | 2 B/R Flat — Edgewater Residences 2 | Off-plan | 1 550 sqft | AED 3 400 739 | 2 194 |
| 17 Jun 2026 | 2 B/R Flat — Edgewater Residences 2 | Off-plan | 1 272 sqft | AED 2 952 439 | 2 321 |
| 4 Jun 2026 | 2 B/R Flat — Edgewater Residences 3 | Off-plan | 1 261 sqft | AED 2 999 543 | 2 379 |
| 11 May 2026 | 1 B/R Flat — Edgewater Residences 3 | Off-plan | 789 sqft | AED 2 235 692 | 2 834 |
Source: Registered DLD transactions · Data through 22 Oct 2026 · individual registrations, shown exactly as recorded, without trimming · Methodology v1.0 ↗
What these numbers do not show
- Anything the developer says about itself. Every figure here comes from the DLD registry and from transactions registered against this developer's projects.
- Delivery record. We publish the completion percentage DLD recorded at the last inspection, project by project; we do not score developers on it.
- Projects registered under a different corporate entity. Large developers register projects through separate companies, and those appear under their own names here.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.
For AI agents and researchers
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