Iluka

Key facts

Handover (past)

Q3 2026

Status

Under construction

Ownership

freehold

Property types

apartment

Availability

Available

Payment plan

Available units

Amenities

• Indoor Swimming Pool
• Landscaped Gardens
• CCTV Security
• Restaurants
• Children's Play Area
• Barbecue Area

Location

Iluka sits in Iluka Residences.

Master plan

The developer’s own site plan for Iluka, showing how the buildings, roads and open space sit together.

How Iluka compares

Entry here is AED 3.9M, against a median of AED 2.1M across the 143 priced projects in Dubai Islands, which puts it above 134 of them and below 8. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q3 2026, alongside 94 other projects completing in the same quarter.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 20% on booking, 60% during construction and 20% at handover. At the AED 3,880,704 entry price, that is AED 776,000 to reserve a unit, AED 2,328,000 across the build, and AED 776,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 155,000 at this entry price. That 20% booking payment does not go to Ms Homes Development directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 1,575 square feet at AED 3,880,704, which works out at AED 2,464 per square foot. Stated sizes run from 804 to 2,960 square feet.

Ownership and residency

Iluka is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is at or above the AED 2,000,000 property threshold for the 10 year UAE golden visa, so the cheapest unit in the development qualifies on its own.

Who it suits

The development is apartments in 1 to 4 bedroom layouts.

What is on site

Shared facilities recorded for Iluka are the standard Dubai block: indoor swimming pool, landscaped gardens, CCTV security, restaurants, children's play area and barbecue area. 15 floor plans are published for it.

Frequently asked