The toxicity and metal bioavailability were studied in dredged sediments from Rodrigo de Freitas Lagoon (Rio de Janeiro, RJ, Brazil) using acute and avoidance tests with Eisenia andrei, and reproduction tests with Folsomia candida. The sediment was mixed with an artificial soil, and two natural soils (ferralsol and chernosol—representative Brazilian tropical soils) to obtain the following doses: 1, 3, 6, 12, 18, 24 and 30%. Total metal concentrations were determined in the sediment to support the interpretation of ecotoxicological data. Metal concentrations in the mixtures were in agreement with the threshold limits established by Brazilian law. However, significant avoidance responses were found on doses ≥ 3% and were the most sensitive endpoint. Earthworm mortality found in artificial soil mixtures (LC50 = 3.9) suggests higher toxicity levels than those obtained in ferralsol (LC50 = 7.6%) and chernosol (11.0%) treatments. Earthworm mortality, avoidance responses and collembolan reproduction levels found in ferralsol mixtures (LC50 = 9.2; avoidance EC50 = 2.3%; reproduction EC50 = 2.8%) were higher compared to chernosol treatments (LC50 = 11.0%; avoidance EC50 = 4.3%; reproduction EC50 = 4.9%). The reduction of toxicity levels in chernosol mixtures is probably due to the abundance of expansive clay minerals in chernosols with capacity of adsorbing metals and other xenobiotic substances from soil pore water, decreasing metal bioavailability. Finally, threshold limits defined by Brazilian legislation for soil quality and land disposal of dredged sediments are not sufficient to prevent noxious effects on soil fauna and should be complemented with a preliminary ecotoxicological evaluation.