Iluka Residences
by MS Homes

1–4 bedroom apartments

AED 1,90 mln Starting price
60/40 Payment Plan
Q3 2026 Handover
Iluka Residencesby MS Homes

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 1,900,000
Location Dubai Islands
Developer MS Homes
Handover Q3 2026
Living Area 804 sq. ft. - 2,928 sq. ft.
Payment Plan 60/40
Bedrooms 1-4 BR
Total amount of units 57
ROI 6–7%

Iluka Residences is an ambitious project by MS Homes. The complex is located on the prestigious Dubai Islands and stands out with its unique architecture and elegant design details

Iluka Residences is a prestigious project by MS Homes, located on the picturesque waterfront on Dubai Islands. Its architectural concept draws inspiration from the smooth, flowing curves of ocean waves, creating an atmosphere of harmony. The 12-storey building with 57 residences offers 1–4 bedroom apartments ranging from 804 sq.ft to 2,928 sq.ft. Each residence is equipped with modern technology, including Smart Home systems, and offers generous layouts with balconies, floor-to-ceiling windows, and high-quality finishes. The interiors are decorated in light tones and natural materials, fostering an ambience of comfort and luxury. Residents enjoy breathtaking waterfront and city views, as well as easy access to beaches, shopping malls, and entertainment areas. It is the perfect setting for comfortable coastal living.

Iluka Residences
About Iluka Residences

Overview of Iluka Residences

At Iluka Residences, every detail is thoughtfully designed for maximum comfort. This project offers cosy 1–4 bedroom apartments

6–7%

Average ROI

8–9%

Potential ROI

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Community

Dubai Islands is an exclusive coastal community that harmoniously blends a resort atmosphere with the amenities of a metropolis. It boasts well-maintained beaches, promenades, green parks, and yacht clubs. Shopping and leisure options include Deira Mall, Souk Al Marfa, and endless dining venues. Active residents will appreciate cycling paths, sports fields, and water sports areas.

The community also offers a well-developed social infrastructure. Prestigious schools are nearby, nurseries are in the neighbouring Deira and Al Mamzar, and supermarkets are minutes away for everyday shopping. Dubai Hospital and Thumbay Hospital provide medical services. This mix of a resort atmosphere and convenient access to educational and retail facilities makes Dubai Islands appealing to families, professionals, and investors.

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Interior

The interiors at Iluka Residences follow a contemporary, elegant aesthetic emphasising light, space, and comfort. The primary colour palette features soft neutral shades, such as cream, beige, and light grey, that create a sense of calm and harmony. Panoramic windows flood the spaces with natural light and reveal stunning views of the waterfront and promenade, visually expanding the interiors and enhancing a resort-style atmosphere.

Premium materials elevate the finishes and include marble and ceramic in bathrooms, natural wood flooring, and decorative glass and metal elements. Kitchens are equipped with modern built-in appliances, while premium bathroom fixtures and lighting ensure functionality and style. Thoughtful ergonomics and eco-friendly materials make Iluka Residences both luxurious and safe for everyday living.

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Infrastructure

Future occupants of Iluka Residences will enjoy convenient access to all the amenities of Dubai Islands, with major facilities just a short walk or drive away. Shabestan restaurant, Seafood Market, and the cosy cafes of Souk Al Marfa are within a 5–10 minute drive, while retail options include Deira Mall, Carrefour, and Spinneys supermarkets. Promenades, beach areas, and sports fields offer excellent opportunities for outdoor activities.

Families with children will appreciate the proximity to schools. The Elite English School, Al Ittihad Private School Mamzar, and Sabari Indian School are all within a 10–15 minute drive, and nurseries are located in the surrounding neighbourhoods. Healthcare services are provided by Dubai Hospital and Thumbay Hospital, located less than 20 minutes away. This comprehensive infrastructure makes Iluka Residences a convenient and practical place to live, combining the tranquillity of a coastal location with urban accessibility.

Overview

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Amenities of
Iluka Residences

Future occupants of Iluka Residences will enjoy a wide range of premium amenities that ensure comfort and an elevated lifestyle, including:

Private swimming pools and jacuzzis

Private swimming pools and jacuzzis

Fitness centre with cardio and strength training zones

Fitness centre with cardio and strength training zones

BBQ areas

BBQ areas

Yoga deck
Spa and sauna
Outdoor lounge spaces
Secure parking
24/7 concierge service
Children's playgrounds and landscaped parks
Smart Home systems
Gallery

Floor Plans of Iluka Residences

Property Type
Bedrooms
Area
Starting Price
Apartments
1 Bedroom
from 804 sq. ft.
AED 1,900,000
1 Bedroom Apartments
AED 1,90 mln 804 sq. ft.
Bedrooms Bedrooms1
Bathrooms Bathrooms1

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
2 Bedrooms
from 1,112 sq. ft.
Ask for Price
2 Bedrooms Apartments
Ask for Price 1,112 sq. ft.
Bedrooms Bedrooms2
Bathrooms Bathrooms2

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
3 Bedrooms
from 1,526 sq. ft.
Ask for Price
3 Bedrooms Apartments
Ask for Price 1,526 sq. ft.
Bedrooms Bedrooms3
Bathrooms Bathrooms3

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Apartments
4 Bedrooms
from 1,951 sq. ft.
Ask for Price
4 Bedrooms Apartments
Ask for Price 1,951 sq. ft.
Bedrooms Bedrooms4
Bathrooms Bathrooms4

Are you looking for a profitable investment option?

We will help you get an asset that is growing in value

Floor Plans

Payment Plan of
Iluka Residences

The developer offers a 60/40 payment plan with a 20% down payment. The next 40% is paid during construction, and the final 40% upon completion

0% Comission
Direct Sales

Types of Payment Plan

Down Payment 20% On Booking
1st Instalment 10% 3 Months From Booking
2nd Instalment 5% 6 Months From Booking
3rd Instalment 5% 9 Months From Booking
4th Instalment 5% 12 Months From Booking
5th Instalment 5% 15 Months From Booking
6th Instalment 5% 18 Months From Booking
7th Instalment 5% 21 Months From Booking
8th Instalment 40% Handover in Q3 2026
Learn More
Payment Plan

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
200+ Exclusive Listings
Gain access to unique investment opportunities and real estate properties that are not publicly listed.
Iluka Residences
About Us

Economic Appeal of Iluka Residences

Iluka Residences presents a highly attractive investment opportunity

Get Full Investment Details

2,58 mln

Median price (AED)

2,340

Median price per sqft (AED)

20

Transactions

Source: Data taken from DXB for the last year, overview - Iluka Residences

ROI 6–7%

Purchasing a property off-plan enables buyers to secure a more advantageous price, and after construction is completed, the apartments can be resold at a profit, generating a substantial profit. In addition, the residences are perfectly suited for rental. The tourist and business activity on Dubai Islands ensures a steady flow of tenants, generating additional passive income. Investments in Iluka Residences combine capital appreciation with the potential for regular revenue, making the project attractive for long-term investors.

As of October 2025, the starting price for a 1-bedroom apartment at Iluka Residences is AED 1.9M (USD 517K). Luxury 2-bedroom residences are available from AED 2.45M (USD 667K).

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for rent

The completion of the complex in 2026 will allow homeowners to rent out their residences and earn passive income.

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for living

Iluka Residences blends modern urban comfort with the atmosphere of a private resort, ideal for those who value a balance between city vibrancy and high-quality daily living. Nestled within the green surroundings of Dubai Islands, the complex offers stylish homes with thoughtful layouts and premium finishes, along with a comprehensive range of amenities for work, leisure, and outdoor recreation.

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for resale

With steadily rising real estate prices on Dubai Islands, investors have the opportunity to resell their homes after completion. This strategy combines potential capital growth with the advantages of owning prestigious property in Dubai’s coastal community.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Project Materials of Iluka Residences

Project Materials

About Developer Iluka Residences

MS Homes Developers is a dynamic real estate company specialising in the creation of exclusive residential communities in the UAE

With extensive experience in international construction and development, the company aims to set new benchmarks for luxury living in Dubai. MS Homes Developers focuses on Iluka Residences, located on the prestigious Dubai Islands. The company actively implements innovative technologies and upholds sustainable development principles, reflected in intelligent layouts, the use of eco-friendly materials, and the creation of functional public spaces.

Location of Iluka Residences

Iluka Residences will be located on the prestigious Dubai Islands and offer the tranquillity of coastal living and convenient access to key transportation arteries

Downtown Dubai is reachable via Al Khaleej Road in just 15–20 minutes, and Dubai International Airport (DXB) is approximately 20 minutes away. The community will be served by bus routes and water taxis. Its exceptional location makes Iluka Residences an ideal choice for those who appreciate privacy, the comforts of waterfront living, and proximity to the emirate’s cultural and business hubs.

Sights & Attractions

Deira Island
Beach

icon 5 min

Dubai Islands Marina

5 min

Deira View Point

5 min

Healthcare facilities

Dubai
Hospital

icon 5 min

Al Baraha Smart Center

5 min

Al Kuwait Hospital Dubai

5 min

Educational institutions

Green Leaves Early
Childhood Center

icon 5 min

New Academy School

10 min

Ambassador School

10 min

Transportation:

Dubai International
Airport

icon 20 min

Souk Al Marfa Marine Bus Station

5 min

Dubai Hospital Bus Station

10 min

General FAQs

Everything you need to know about the Iluka Residences. Can't find an answer?

Ask a Question

Where is the location of Iluka Residences?

The complex is located on Dubai Islands.

Who is the developer of Iluka Residences?

The project is developed by MS Homes.

What are the property types in Iluka Residences?

The 12-storey building offers 57 residences, including 1-4 bedroom apartments.

What is the property size in Iluka Residences?

Units range in size from 804 sq.ft to 2,928 sq.ft.

What are the available amenities in Iluka Residences?

Amenities include private swimming pools and jacuzzis, a fitness centre with cardio and strength training zones, a yoga deck, a spa and sauna, barbecue areas, outdoor lounge spaces, secure parking, 24/7 concierge service, children's playgrounds, green parks, and Smart Home systems.

What are the available views in Iluka Residences?

Panoramic windows provide picturesque views of the Arabian Gulf and the city skyline.

Is Iluka Residences a good investment in Dubai?

Purchasing a property off-plan allows you to secure a better price, and after construction is complete, the apartments can be resold profitably. Furthermore, the residences are ideal for rental purposes, whether for tourism or business. The activity on Dubai Islands ensures a steady flow of tenants, generating additional passive income.

Is Iluka Residences a good place to live?

Iluka Residences combines modern urban comfort with the atmosphere of a private resort, ideal for those who value a balance between metropolitan energy and high-quality everyday living. Located in the green part of Dubai Islands, the complex offers stylish residences with thoughtful layouts and premium finishes, as well as a wide selection of amenities for work, leisure, and active recreation.

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Iluka Residences
Amirans Kavtaradze

List by

Amirans Kavtaradze

  • 100% free guidance & advice
  • 0% tax on rental income & profit upon sale
  • High returns
  • Flexible payment plan with 0% interest
  • 24/7 support

Iluka Residences

Starting Price AED 1,90 mln

Payment Plan 60/40

Handover Q3 2026