Project Overview
Iluka Residences is a residential complex from the developer MS Homes Developers, located on the Dubai Islands. The architecture of the building is inspired by the movement of sea waves: the smooth lines of the facade, glass balconies, and light colors emphasize harmony with the natural environment. Iluka Residences has a ground floor, two podium floors, eight residential floors, and a roof. The project includes apartments with one, two, three, and four bedrooms, including residences with private pools on balconies, as well as unique garden apartments. The layouts are thought out to the smallest detail: spacious bedrooms, elegant kitchens, and a smart home control system. The interiors are decorated in bright colors using premium materials. Residents have access to a wide range of amenities: an infinity pool with panoramic views, private pools, a gym overlooking the beach, a yoga area, a sauna and a steam room, a barbecue area, a play area for children, an urban forest, a board game area, a cinema room, and a stylish lobby with a lounge area. The complex is located in a location with developed infrastructure and quick access to key points of the city: Gold Souk - 7 minutes, Jumeirah - 10 minutes, Dubai International Airport - 15 minutes, Dubai International Financial Centre - 20 minutes, Downtown Dubai - 20 minutes, Burj Al Arab - 25 minutes.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Astraterra Properties
Official Documents
Download official marketing materials from MS Homes Developers.
Payment Structure
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Amenities & Lifestyle
Location
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Developer and Project Facts
Iluka Residences by MS Homes Developers
Located in Dubai Islands
Starting from AED 5,279,184
Unit mix includes 4 BR, Apartments
Expected handover: Nov 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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