# M G S Development L.L.C — Dubai projects and prices

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.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 2.24M | -6.0% |
| Interquartile range | AED 2.19M – AED 2.95M | |
| Median price per sqft | 2 595 AED | +15.3% |
| Registered sales, 12 months | 70 | -63.4% |
| Off-plan share | 100.0% | |

## 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 | 2 | — | — | — | — | — |

## 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 | 7 | AED 1.70M | 2 329 | 100.0% |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Jul 2026 | 5 | 2 194 | 2 170 – 2 223 |
| Jun 2026 | 2 | insufficient data | |
| May 2026 | 1 | insufficient data | |
| Apr 2026 | 4 | insufficient data | |
| Mar 2026 | 15 | 2 795 | 2 373 – 2 825 |
| Feb 2026 | 7 | 2 772 | 2 295 – 2 815 |
| Jan 2026 | 7 | 2 633 | 2 317 – 2 728 |
| Dec 2025 | 10 | 2 455 | 2 371 – 2 768 |
| Nov 2025 | 7 | 2 914 | 2 655 – 3 614 |
| Oct 2025 | 8 | 2 258 | 2 162 – 2 508 |
| Sep 2025 | 7 | 2 351 | 2 325 – 2 639 |
| Aug 2025 | 16 | 2 475 | 2 216 – 2 612 |
| Jul 2025 | 19 | 2 364 | 2 203 – 2 530 |

## 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.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 29 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/developers/m-g-s-development-l-l-c/  
**Suggested citation:** Continental Club Property, "M G S Development L.L.C — Dubai projects and prices", Dubai Data, data through 29 Oct 2026, https://datadubai.ae/developers/m-g-s-development-l-l-c/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.