MS Homes · Dubai Islands · Dubai · United Arab Emirates

Iluka Residences

2unsold of 6 on offerNow sellingUnder construction · 36% built

Availability and pricing checked 8 Oct 2026. Prices, sizes and counts describe the homes currently released for sale, not the development as a whole.

The essentials

Available now from: AED 5,279,184
Available up to: AED 7,028,616
Layouts on offer: 4.5 bed
Available sizes: 2,200 – 2,929 sqft (204 – 272 sqm)
Service charge: 20 AED/sqftCharged once a year — about AED 44,000 on the smallest published layout, 2,200 sqft
Status: under construction
Construction started: May 2024
Build progress: 36% complete
Furnishing: semi furnished
Handover: Q3 2026
Buildings releasing now: 1
Escrow account: Registered

Iluka Residences is being built as apartments, in 4.5 bed layouts.

Payment plan

100

100%

AED 5,279,184 is the booking amount — the reservation deposit, or down payment, that holds the lowest-priced home, then about a month to handover.

Live availability

2 homes are still unsold — see the price list.

Get the developer’s own price list — unit number, floor, exact size, price and price per square foot for every one.

Arrives in about a minute. No phone call unless you ask for one.

What does your budget buy here?

Set a figure and we will match it against what is still available in this project.

My budget

AED

AED 5,279,184AED 7,028,616

How I plan to pay

Off-plan mortgages are arranged at handover, against the completed home.

The service charge starts at handover, not at purchase, and the first year is usually pro-rated from the day you collect the keys. In Dubai the budget behind it is filed with the Mollak system each year, so the rate is reviewed once the building is occupied and can move from the launch figure.

You will get the unit number, floor, size and exact price for each — not the whole building.

About this project

MS Homes

Project general facts

Iluka Residences by MS Homes is a contemporary luxury development that redefines waterfront living by combining peaceful surroundings with the convenience of urban life. Comprising eight residential floors, the project offers an exclusive collection of one- to four-bedroom apartments, each featuring a private swimming pool. Distinguished by its elegant architectural curves and refined design, Iluka creates a sophisticated residential environment where spacious layouts, stylish interiors, and abundant natural light come together in perfect harmony.

Residents enjoy a carefully curated collection of 14 premium lifestyle amenities designed to enhance relaxation, wellness, and everyday comfort. Located just moments from the vibrant marina, the development provides a tranquil retreat while maintaining excellent connectivity to essential services, leisure destinations, and the city's dynamic waterfront lifestyle.

Each residence is finished with high-quality contemporary materials that emphasize elegance and durability throughout the interiors. Kitchens are fully equipped with premium Miele appliances, while the apartments are delivered unfurnished, allowing homeowners the freedom to personalize their living spaces according to their own style and preferences.

Location description and benefits

Dubai Islands is a visionary development that epitomizes the luxurious and innovative spirit of Dubai. Strategically located along the coast, this ambitious project features a collection of five man-made islands designed to offer a blend of residential, commercial, and leisure spaces. Each island is meticulously planned to provide a unique living experience, surrounded by pristine beaches, lush landscapes, and crystal-clear waters.

The islands are connected to the mainland via well-developed infrastructure, ensuring seamless access to the rest of the city. This prime location allows residents and visitors to enjoy the tranquility of island life while being just a short drive away from Dubai's bustling urban centers, including the iconic landmarks and vibrant districts such as Downtown Dubai, Dubai Marina, and Palm Jumeirah. The development includes a range of upscale amenities, including luxury hotels, gourmet dining options, high-end retail outlets, and world-class recreational facilities.

Dubai Islands is designed to cater to a diverse array of lifestyles, offering everything from serene residential communities to dynamic entertainment hubs. The project emphasizes sustainability and innovation, incorporating green building practices and advanced technologies to create a harmonious and eco-friendly environment. With its stunning natural beauty, exceptional amenities, and strategic location, Dubai Islands stands as a premier destination for those seeking an unparalleled lifestyle in one of the world's most dynamic cities.

Layouts

1 bed

872 sqft

81 sqm

AED 2,179,550

2 bed

1,132 sqft

105 sqm

AED 2,602,956

2,033 sqft

189 sqm

AED 4,047,740

3 bed

1,617 sqft

150 sqm

AED 3,880,704

4 bed

2,929 sqft

272 sqm

AED 7,028,616

2,200 sqft

204 sqm

AED 5,279,184

Amenities

Cinema Room

Infinity Pool

Bbq Area

Kids Play Area

Urban Forest

Outdoor Terrace

Splash Pads

Yoga Area

Sauna & Steam Room

Fitness Studio

Gaming Facilities

What’s nearby

The Primary Nursery7.4

Naif Park6

One Deira Mall6.3

Dubai Islands Beach4.2

Downtown Dubai20

Dubai International Airport9

Gallery

Documents

What’s in the Iluka Residences brochure

The MS Homes brochure for Iluka Residences — the developer’s own document, not a summary of ours.
Floor-plan drawings for the layouts the developer has released.

Unit numbers and today’s prices are not in it — those move weekly and travel in the price list instead.

Speak to an advisor

Direct from the developer.

Pre-launch access and full payment-plan terms — with no mark-up on the developer’s price.

Good to know

Straight answers from the developer's published terms, checked 8 Oct 2026.

What is the payment plan for Iluka Residences?

Payment Plan (for 4.5BR): 100% on booking, 0% during construction and 0% on handover.

How much is the booking amount for Iluka Residences?

100% of the purchase price falls due on booking — from AED 5,279,184 on the lowest-priced home. A bank or a broker may call the same figure the reservation deposit or the down payment; it is one and the same first instalment, and it is paid to the developer rather than to us.

When does Iluka Residences hand over?

Handover is scheduled for Q3 2026. Construction is 36% complete.

What do homes in Iluka Residences cost?

Homes currently available start from AED 5,279,184 and range up to AED 7,028,616 for 4.5 bed homes. These are the prices of the homes released for sale through our live feed today, not the launch prices — earlier and cheaper releases may have sold out.

How much does each bedroom size cost at Iluka Residences?

Published starting prices by layout are 1 bed from AED 2,179,550; 2 bed from AED 2,602,956; 3 bed from AED 3,880,704; 4 bed from AED 5,279,184. Those are the entry price for each size — floor, view and the exact layout move the figure, and the current price list carries the price of every remaining unit.

Is there a price list for Iluka Residences?

Yes. Ask for it on this page and the developer’s own price list is emailed to you — unit number, floor, exact size, price and price per square foot for every home still available. 2 homes were unsold at the last check on 8 Oct 2026.

Who is the developer of Iluka Residences?

Iluka Residences is developed by MS Homes in Dubai Islands · Dubai · United Arab Emirates.

What is the service charge at Iluka Residences?

The published service charge at Iluka Residences is 20 AED/sqft, billed once a year. On the smallest published layout, 2,200 sqft, that is roughly AED 44,000 a year. It starts at handover and the first year is usually pro-rated from the day you collect the keys. In Dubai the annual budget behind the charge is filed with the Mollak system, so the figure is reviewed each year once the building is occupied. Checked 8 Oct 2026.

Is my money protected when buying off-plan at Iluka Residences?

MS Homes has registered an escrow account for Iluka Residences. In the UAE an off-plan instalment is paid into the project’s escrow account rather than to the developer directly, and is released against construction progress the regulator has verified. We do not publish the account number — your sale agreement and the developer’s own payment instructions carry it.

Does buying in Iluka Residences qualify for a UAE Golden Visa?

With homes currently available from AED 5,279,184, homes here meet the AED 2,000,000 property investment threshold for the 10-year Golden Visa. Since February 2026, off-plan and mortgaged purchases can qualify on a certified valuation — our advisors can confirm eligibility for a specific unit.

How the money actually moves — escrow, the 60/40 split, post-handover terms and the fees nobody mentions: our guide to UAE off-plan payment plans.

Every other off-plan project selling above the AED 2,000,000 threshold: Golden Visa property in the UAE. What actually qualifies, and how Dubai and Abu Dhabi differ: our Golden Visa guide.