
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.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Iluka Residences launch basis | 5,866 | AED 5.28M | Current launch / asking basis |
| Dubai Islands ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Dubai Islands premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























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Astraterra Properties
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Dubai Islands
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
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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