Iluka Residences

Under Construction · Due Q3 2026 · 13%|57 units · 1 building

Alerts: Get notified of every new DLD-registered sale and rental contract.

Iluka Residences is an under-construction apartment development by MS HOMES DEVELOPERS L.L.C in Palm Deira, comprising 57 registered units. 28 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,394 per sqft. At AED 2,394 per sqft, Iluka Residences prices 4% below the Palm Deira average of AED 2,496 per sqft on registered sales.

PIX© price · ↑2.0% YoY

3.04MAED

Typical

2,394AED

PSF

Gross yield

Awaiting handover

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

Awaiting handover

Ejari · all time

SATELLITE

LocationPalm Deira in Palm Deira

Drive times · typical

Downtown Dubai21 min · 19.9 km

DXB Airport17 min · 19.6 km

DIFC23 min · 17.7 km

Dubai Marina34 min · 38.7 km

Palm Jumeirah33 min · 40.1 km

Nearest · straight-line

Metro stationGold Souq Metro Station 21.9 km

MallKeswa1.9 km

SchoolGreen Leaves Early Childhood Center1.8 km

HospitalDr. Ismail Polyclinic (Branch), Gold souk | Deira1.8 km

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Iluka Residences2,394AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY
PIX© Core Project-Wide 790 – 2,882 sqft	57	3.04M	2,394	↑2.0%
1 Bed · Apartment 790 – 1,166 sqft	10			—
2 Bed · Apartment 1,105 – 2,021 sqft	23			—
3 Bed · Apartment 1,516 – 2,122 sqft	21			—
4 Bed · Apartment 1,938 – 2,882 sqft	3			—

No rental contracts registered — the project has not handed over.

Sales — Project-Wide28 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Unit	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
1 Jun 2026	3 Bed	Floor 2	1,568	3,622,960	2,311	0.0%	Standard	Off-Plan Sale
27 Feb 2026	3 Bed	Floor 6	1,680	3,898,408	2,321	—	Standard	Off-Plan Sale
19 Feb 2026	2 Bed	Floor 2	1,111	2,572,956	2,316	—	Standard	Off-Plan Sale

Rentals — Project-Wide

PIX© rent analysis

No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Iluka Residences

Compared with

Sea Legend One By Mvs Real Estate

PIX© PSF

2,369

Rank

#13 of 58

#12 of 58

Typical price

2.87M

Yield

—

Units

Sales

Rents

—

Developer

MS HOMES DEVELOPERS L.L.C

M V S REAL ESTATE DEVELOPMENT L.L.C

Handover

Due 2026

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Esme' Beach Residences ELYSIAN LUXURY REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	109					105	—
	Aquora by Casa Vista Development CASA VISTA DEVELOPMENT L.L.C · Due 2028 · Off-plan pricing	111					18	—
	Arya Residences by Citi Developers CITI DEVELOPERS REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	68					53	—
	Beach Walk Grand 2 By Imtiaz IMTIAZ GHD REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	108					107	—
	Sea Legend One By Mvs Real Estate M V S REAL ESTATE DEVELOPMENT L.L.C · Due 2026 · Off-plan pricing	65					32	—
13	Iluka Residences MS HOMES DEVELOPERS L.L.C · Due 2026 · Off-plan pricing	57	2,369	Subject	2.87M	—	29	—
	Arka Enclave Residences MANODEV REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	140					54	—
	Natuzzi Harmony Residences by Peace Homes PEACE HOMES REAL ESTATE L.L.C · Due 2026 · Off-plan pricing	50					21	—
	Agua Residences by Citi Developers - Tower 2 CITI DEVELOPERS REAL ESTATE DEVELOPMENT L.L.C · Due 2027 · Off-plan pricing	61					30	—
	Beach Walk Grand By Imtiaz IMTIAZ BWG REAL ESTATE DEVELOPMENT L.L.C · Due 2026 · Off-plan pricing	112					105	—
	Beach Walk Residences 1 IMTIAZ REAL ESTATE INVESTMENT & DEVELOPMENT L.L.C · Due 2026 · Off-plan pricing	76					80	2

Community median 2,190 AED/sqft. Showing the closest-ranked peers of 58 ranked projects in the community. 10 community projects excluded for insufficient recorded sales. 2 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Palm Deira

The closest-priced registered projects in Palm Deira.

Luxury Canal ResidencesAED 2,384/sqft
Ocean Crest by SDAED 2,353/sqft
Wynwood Residences By ImtiazAED 2,438/sqft
Sea Coral By Next RealtyAED 2,345/sqft
Allegro ResidencesAED 2,343/sqft
Isolana ResidencesAED 2,340/sqft

Common questions about Iluka Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Iluka Residences cost?

Property in Iluka Residences sells at a current PIX© price of AED 2,394 per sqft, or about AED 3,040,763 for a typical unit, based on 28 sales registered with the Dubai Land Department.

When is Iluka Residences handing over?

Iluka Residences is under construction, due q3 2026, and is 13% complete against the Dubai Land Department's reported progress.

Who is the developer of Iluka Residences?

Iluka Residences is developed by MS HOMES DEVELOPERS L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in Iluka Residences?

Iluka Residences holds 57 registered units, per the Dubai Land Department unit register.

Have prices in Iluka Residences gone up or down?

Price per sqft has risen +2.0% over the last 12 months, to AED 2,394, across 28 registered sales.