Police and paramedics raced to the scene on Ferry Road Drive just before 4pm on Monday.
Officers arrested a 17-year-old male following the assault of an 18-year-old man.
The injured male has been taken to hospital and is being treated for a stab wound.
Photos emerged of an ambulance and police van in Ferry Road Drive and officers were seen talking to groups of youths and scouring the street for evidence.
Dog units and forensics officers were also spotted at the scene.
Part of Ferry Road Drive was taped off while police conducted investigations.
The Evening News has contacted Police Scotland for comment.