Iluka Residences

Dubai Islands · by MS Homes Developers · Running late

Iluka Residences: aerial, photo 1 of 12Iluka Residences: exterior, photo 2 of 12Iluka Residences: interior living, photo 3 of 12Iluka Residences: interior living, photo 4 of 12Iluka Residences: interior living, photo 5 of 12Iluka Residences: interior living, photo 6 of 12Iluka Residences: amenity, photo 7 of 12Iluka Residences: amenity, photo 8 of 12Iluka Residences: amenity, photo 9 of 12Iluka Residences: amenity, photo 10 of 12Iluka Residences: amenity, photo 11 of 12Iluka Residences: view, photo 12 of 12
Homes1-bed – 4-bed
KeysWas due Q3 2026
Built36%
Homes in total57
DeveloperMS Homes Developers

What stands out

  • private pools on select balconies
  • Miele kitchen appliances, Italian Gessi sanitaryware
  • marble finishes, sea views

Homes in this building

1-bed
804 – 858 sq ft · 2 baths
Price on request
2-bed
1,112 – 1,689 sq ft · 3 baths
Price on request
3-bed
1,575 – 2,122 sq ft · 4 baths · AED 2,464/sq ft
fromAED 3.88M
4-bed
1,957 – 2,960 sq ft · 5 baths · AED 2,698/sq ft
fromAED 5.28M

What buyers actually paid

2 off-plan sales registered with the Dubai Land Department, June to October 2026.

What's in the building

Infinity pool with splash pads
Sky lounge
Urban forest
BBQ area
Clubhouse with cinema, pool table, foosball
Beachfront-view gym

Payment plan

20% down payment, 60% during construction, 20% handover

Construction

36% built at the last Dubai Land Department inspection (10 Feb 2026).

Was due: Q3 2026. Completion date registered with the Dubai Land Department: 15 Aug 2026.

About this data: From the developer's published details, with some figures from listing portals.

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Iluka Residences12 photos
Iluka Residences: aerial, photo 1 of 12Iluka Residences: exterior, photo 2 of 12Iluka Residences: interior living, photo 3 of 12Iluka Residences: interior living, photo 4 of 12Iluka Residences: interior living, photo 5 of 12Iluka Residences: interior living, photo 6 of 12Iluka Residences: amenity, photo 7 of 12Iluka Residences: amenity, photo 8 of 12Iluka Residences: amenity, photo 9 of 12Iluka Residences: amenity, photo 10 of 12Iluka Residences: amenity, photo 11 of 12Iluka Residences: view, photo 12 of 12

Your monthly payment

AboutAED 16,819 a month

For a home of AED 3.88M

Loan
Interest over the term
Fees at transfer, about
Cash needed up front

Off-plan homes are usually paid to the developer while they're built (here: 20% down payment, 60% during construction, 20% handover), and banks lend on the balance near handover; before completion they lend at most 50%.

Assumes a UAE resident expat buying a first home: banks lend up to 80% (70% above AED 5M) for up to 25 years, and fixed rates run about 3.75–5% today. Fees: 4% DLD transfer fee, 0.25% mortgage registration and about 1% to the bank. An estimate, not a loan offer.