Iluka Residences is a residential project by MS Homes in Dubai Islands, Dubai, with handover 15.08.2026, construction 36% complete per the DLD registry.
Payment plan 80/20
- Down payment20%
- During construction60%
- On handover20%
Construction progress
- Handover15.08.2026
- DLD project number3042
Data from the Dubai Land Department project registry (updated 09.08.2026 09:55).
Recent transactions
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 01.06.2026 | 3 BR | 145.7 | 3 622 960 |
| 27.02.2026 | 3 BR | 156.1 | 3 898 408 |
| 19.02.2026 | 2 BR | 103.2 | 2 572 956 |
| 18.02.2026 | 2 BR | 103.0 | 2 764 310 |
| 18.02.2026 | 2 BR | 103.4 | 2 709 556 |
| 22.01.2026 | 3 BR | 149.5 | 3 719 008 |
| 19.01.2026 | 2 BR | 102.7 | 2 567 536 |
| 19.01.2026 | 3 BR | 145.7 | 3 622 960 |
| 20.11.2025 | 1 BR | 73.4 | 1 930 368 |
| 27.10.2025 | 1 BR | 79.1 | 2 179 550 |
| 21.10.2025 | 3 BR | 145.4 | 3 609 482 |
| 29.09.2025 | 2 BR | 103.3 | 2 637 019 |
| 19.09.2025 | 2 BR | 103.0 | 2 595 067 |
| 18.09.2025 | 2 BR | 102.7 | 2 502 652 |
| 18.09.2025 | 3 BR | 140.8 | 3 587 392 |
| 17.09.2025 | 2 BR | 103.2 | 2 515 502 |
| 16.09.2025 | 2 BR | 103.1 | 2 576 368 |
| 04.08.2025 | 3 BR | 145.4 | 3 687 949 |
| 04.08.2025 | 1 BR | 73.4 | 1 849 936 |
| 10.07.2025 | 2 BR | 103.4 | 2 558 328 |
Dubai Land Department transaction registry, updated 2026-08-08. Explore Dubai property transactions →
Places nearby
About the project
Iluka Residences is a one-building residential project by Ms Homes Developers on Dubai Islands, Dubai. The building is configured as G+2P+8 and contains 57 units. The project is active, with a recorded construction completion ratio of 36% and a completion date of 15 August 2026.
The project at a glance
Iluka Residences is a residential building on Dubai Islands with 57 units in one building. Its registered configuration is G+2P+8, identifying a ground floor, two podium levels and eight further floors. The project commenced on 15 May 2024 and has a scheduled completion date of 15 August 2026. The recorded total project area is 7,282.45. Iluka Residences carries project number 3042 and is listed as active. The development sits within Dubai Islands, a five-island waterfront masterplan on Dubai’s northern coastline. Dubai Islands includes Marina Island, Central Island, Shore Island, Golf Island and Elite Island.
Construction progress and completion
Iluka Residences is active and has a recorded completion ratio of 36%. Construction began on 15 May 2024. The scheduled completion date is 15 August 2026. The project comprises one residential building rather than a multi-building development, with 57 units recorded for the scheme. Its G+2P+8 configuration sets the building format within the project registration. Buyers considering an off-plan purchase can assess Iluka Residences as a residential project with a defined unit count, recorded start date and stated completion date. Ms Homes Developers is the developer associated with Iluka Residences.
Dubai Islands setting
Dubai Islands is a waterfront masterplan comprising five islands: Marina Island, Central Island, Shore Island, Golf Island and Elite Island. The wider destination combines residential projects with hospitality, marina and public-realm components. The masterplan provides for hotels, resorts, public beaches, parks and a marina network. Central Island is designed around Deira Mall and The Night Market. Shore Island is planned for sports and resort uses, while Golf Island includes an 18-hole golf course and wellness enclaves. Elite Island is earmarked for waterfront villas. The masterplan also includes public beaches with Blue Flag accreditation and two square kilometres of parks and open areas.
Marina, beaches and destination facilities
Nakheel Marinas Dubai Islands launched in May 2023. The marina has capacity for 13 superyachts at one time, 248 wet berths for vessels up to 47 metres and 40 dry berths for trailers up to 20 metres. Its facilities include parking, showers, washrooms, a launderette, dock assistance available 24 hours a day, club-car transfers, utilities and waste services. Dubai Islands includes 37 hotels and resorts within its masterplan. The RIU and Centara resorts are already open from the earlier Deira Islands phase. The destination’s public realm also includes beaches, promenades, parks and marina facilities.
Road connections and nearby destinations
Dubai International Airport is 9.6 km from Dubai Islands by road. Downtown Dubai is 13.8 km away, The Dubai Mall is 13.7 km away, Business Bay is 15.3 km away and DIFC is 12.1 km away. Mall of the Emirates is 24.6 km away, while Palm Jumeirah is 28.3 km away. Dubai Marina is 31.1 km away and JBR Beach is 31.7 km away. The nearest Dubai Metro access is Green Line station G22, 4.7 km from the islands. Planned road works include bridge connections through the Shindagha Corridor Project, including a 1.4 km bridge announced by Dubai RTA.
The developer
Ms Homes Developers is the developer of Iluka Residences. The company is associated with a 57-unit residential building on Dubai Islands, with a G+2P+8 configuration. The project began on 15 May 2024 and is scheduled for completion on 15 August 2026. Iluka Residences is one of the residential developments within Dubai Islands, where the wider masterplan combines apartment projects, villas, resorts, beaches, parks and marina infrastructure. The developer’s project is recorded as active, with a construction completion ratio of 36%.
Registered transactions in Iluka Residences
Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.
The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +7% over the same period, so the building lagged.
What buyers actually paid
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| 1 bedroom | 79 | 2 073 720 | 26 250 | 5 |
| 2 bedrooms | 103 | 2 576 368 | 25 013 | 14 |
| 3 bedrooms | 146 | 3 687 949 | 25 260 | 8 |
Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.
Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.
