Developer: MS Homes · Dubai Islands

Iluka Residences

Iluka Residences is a residential project by MS Homes in Dubai Islands, Dubai, with prices from AED 1 930 000, planned handover Q3 2026, construction 57.2% complete per the DLD registry, 57 units, 30 DLD-registered sales since 2022.

Price fromAED 1 930 000Our calculation
Unit types1–4 BR790–2 881 ft²DLD registry
Planned handoverQ3 2026Developer supplied
Construction57.2%DLD registry · checked 15.10.2026

Layouts and sizes

TypeUnitsTypical size, sq.ft
1 Bedroom10790–1 161
2 Bedroom231 105–1 678
3 Bedroom211 516–1 824
4 Bedroom31 938–2 881

Size range excludes the smallest and largest 5% of units of each type.

All units are freehold. Data from the DLD registry.

Floor plans

Payment plan 80/20 80% before handover · 20% on handover

The purchase price is split into these stages.

120%Down payment
260%During construction
320%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

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A broker will compare this project with 3 similar ones: prices, handover dates and payment plans.

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Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 1 930 000 AED is 8 150 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

57.24%
  • Construction started15.05.2024
  • Planned handover (developer)Q3 2026
  • Status date15.10.2026
  • Progress between DLD inspections+21.24% (07.04.2026 → 15.10.2026)
  • Escrow bankUnited Bank Limited
  • DLD project number3042

Data from the Dubai Land Department project registry (updated 09.11.2026 05:55).

Inspection history 4
025507510028.05.202415.10.2026
Actual, per inspections

Pace: 3.39% per month. At this rate 100% falls on 03.11.2027.

The pace is calculated from the past year of inspections. It is an estimate, not a developer commitment. For reference: across 1,175 completed projects the median pace is 2.48% per month and the median build takes 40 months.

Construction progress 78
15.10.2026 57.24%
Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 1 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 2 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 3 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 4 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 5 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 6 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 7 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 8 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 9 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 10 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 11 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 12 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 13 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 14 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 15 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 16 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 17 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 18 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 19 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 20 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 21 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 22 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 23 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 24 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 25 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 26 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 27 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 28 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 29 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 30 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 31 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 32 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 33 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 34 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 35 of 36Iluka Residences, Dubai Islands construction progress — 15 October 2026, 57.24% complete, photo 36 of 36

42 more photos in the DLD register

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
26.08.20261 BR73.41 849 936
01.06.20263 BR145.73 622 960
27.02.20263 BR156.13 898 408
19.02.20262 BR103.22 572 956
18.02.20262 BR103.02 764 310
18.02.20262 BR103.42 709 556
22.01.20263 BR149.53 719 008
19.01.20262 BR102.72 567 536
19.01.20263 BR145.73 622 960
20.11.20251 BR73.41 930 368
27.10.20251 BR79.12 179 550
21.10.20253 BR145.43 609 482
29.09.20252 BR103.32 637 019
19.09.20252 BR103.02 595 067
18.09.20252 BR102.72 502 652
18.09.20253 BR140.83 587 392
17.09.20252 BR103.22 515 502
16.09.20252 BR103.12 576 368
04.08.20253 BR145.43 687 949
04.08.20251 BR73.41 849 936
10.07.20252 BR103.42 558 328
04.06.20253 BR169.54 362 751
04.06.20254 BR180.14 780 219
28.05.20252 BR102.72 447 038
26.05.20251 BR79.12 092 368
07.05.20252 BR103.22 602 933
05.05.20251 BR78.92 073 720
21.04.20252 BR103.22 572 672
15.04.20252 BR103.42 586 442
08.12.20222 398.615 508 800

Dubai Land Department transaction registry, updated 08.11.2026. Explore Dubai property transactions →

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.

30deals since 2022
25 200AED per m², median
3%resale, the rest bought from the developer
-1%over the past year

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 +2% over the same period, so the building lagged.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
1 bedroom792 073 72026 2506
2 bedrooms1032 576 36825 01314
3 bedrooms1463 687 94925 2608

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.

Estimate a unit in this building from DLD sales

Based on 30 registered DLD sales in Iluka Residences between 8 Dec 2022 and 26 Aug 2026: median 25 108 AED/m² (2 333 AED/sq ft); half of the deals fell between 24 871 and 25 686 AED/m². This is transaction statistics, not a valuation of a specific unit: floor, view, finish and condition move the price.

TypeIndicative priceDealsMedian AED/m²Median area, m²
1 BRAED 2 003 000626 28876.2
2 BRAED 2 579 0001424 993103.2
3 BRAED 3 632 000824 926145.7
Get an exact valuation

Source: Dubai Land Department open data, the latest up to 50 sales in the building; areas as registered; refreshed daily. Deals outside 3,000–200,000 AED/m² are excluded.

PDF shortlist · updated 27 October 2026

Dubai Islands: new projects and prices

30 projects · prices from DLD and developers

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  3. Ellington Cove 2 Ellington Cove 2 Dubai Islands from AED 1,250,000

27 more in the PDF: prices, handover dates, payment plans

The PDF opens instantly. Refreshed monthly from DLD data.

Your broker for this project

Olesia Kotova

Olesia Kotova

Broker · Continental Club Property · RERA ORN 31933

Answers questions about Iluka Residences: current availability, payment plan, DLD registration. English and Russian.

How much is your property in Iluka Residences worth?

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Iluka Residences

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 57.24% 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 57.24%. 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 57.24%.

Frequent questions

Who is the developer of Iluka Residences?
Iluka Residences is developed by Ms Homes Developers.
Where is Iluka Residences located?
Iluka Residences is located on Dubai Islands in Dubai. Dubai Islands comprises Marina Island, Central Island, Shore Island, Golf Island and Elite Island.
What is the completion status of Iluka Residences?
The project is active with a recorded completion ratio of 57.24%.
When is Iluka Residences scheduled for completion?
The scheduled completion date is 15 August 2026. Construction began on 15 May 2024.
How many units are in Iluka Residences?
Iluka Residences contains 57 units in one residential building.
What is the building configuration of Iluka Residences?
The project is registered as a G+2P+8 residential building.
How far is Dubai International Airport from Dubai Islands?
Dubai International Airport is 9.6 km from Dubai Islands by road.
What facilities are available at Dubai Islands?
The wider masterplan includes public beaches, parks, hotels, resorts and a marina network. Nakheel Marinas Dubai Islands provides wet and dry berths, parking, showers, washrooms and dock assistance.
How can I buy an apartment in Iluka Residences?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

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How to cite:Iluka Residences — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-17, https://continentalclub.ae/project/iluka-residences-dubai-islands/

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