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 homeow
| Milestone | Share | On AED 5.28M |
|---|---|---|
| On booking | 100% | AED 5.28M |
| Milestone | When | Amount |
|---|---|---|
| Downpayment (100%) | On booking | AED 5,279,184 |
| DLD fee (4%) | On booking | AED 211,167 |
| Admin / Oqood (est.) | On booking | AED 5,250 |

At MS Homes, they don't just sell properties; they curate lifestyles. As Dubai's premier high-end real estate brokerage, MS Homes has set unparalleled records in the marketing and selling of design-forward residential properties. Their journey began with a vision—to redefine luxury living in Dubai—and today, their…
Latest published inspection ratings, KHDA (Dubai) and ADEK (Abu Dhabi). Drive times approximate. Full school checker →
Iluka Residences starts from AED 5.28M and runs to AED 7.03M, across 1 bedroom, 2 bedroom, 2 bedroom, 3 bedroom. Prices move with each release; the pack carries the current list.
100% on booking, worked in dirhams on AED 5.28M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
MS Homes lists handover for Q3 2026, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
In Dubai Islands, Dubai: The Primary Nursery 7.4 km, Naif Park 6 km, One Deira Mall 6.3 km. The Dubai Islands community guide on this site has the registered prices, rents and schools around it.
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Yes, escrow account 200797012. Payments release to the developer only against certified construction progress.
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.