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Dubai · Off-plan project · July 2026

Iluka

Dubai Islands · by Ms Homes · Dubai

On saleUnder constructionHandover Q3 20262 priced units1 unit plans
Price from
AED 3.88M
AED 3,880,704, in the AED 3M to 5M band
Median AED/sqft
2,399
across 2 priced records
Paid before handover
60%
nothing scheduled after the keys
Scheduled handover
Q3 2026
developer-published date for 2026
Everything the corpus holds on this project

The record

DeveloperMs Homes
CommunityDubai Islands
CityDubai
Sale statusOn sale
ConstructionUnder construction
ClassificationOff-plan
Property typesApartment
Bedrooms offered1, 2, 3, 4
Priced unit records2
Unit plans listed1

Read from developer-published inventories on 2026-07-30. Blank means the developer published nothing, not that the answer is zero.

This project against its community and against Dubai

Where this price sits

AED 2,399 per sqft, 4% below the Dubai Islands median, and 19% above the Dubai median.

AED 2,399
This project, AED 2,399Dubai Islands median, AED 2,492Middle half of Dubai Islands, AED 2,139 to 2,962Dubai median, AED 2,021
Against Dubai Islands
-4%
on a median of AED 2,492 from 2,309 priced units
Against Dubai
+19%
on a median of AED 2,021 from 42,490 priced units
Position in Dubai Islands
72 of 138
priced projects in the community ask less per sqft than this one

AED per sqft of built-up area, the median across 2 priced records published for this project, measured the same way for every project in the corpus so the three readings above are comparable. Asking prices, not transactions. See methodology.

What is due before the keys, and what is not

The payment plan

Iluka
60%
40%
60%
Before handover
40%
On handover
0%
After handover

On the published entry price of AED 3,880,704 that is AED 2,328,422 before handover. Run other prices through the payment plan calculator.

Median plan structure across 196 published plans in Dubai Islands
20%
40%
40%
On booking 20%During construction 40%On handover 40%

Booking, construction and handover are three independent medians, so they are normalised to 100 before drawing and the handover share carries the remainder. 12% of plans in Dubai Islands schedule instalments after the keys.

The rest of the community, on the same measures

More in Dubai Islands

All 183 projects
Edgewater Residences 1, 2 and 3
by MGS
AED/sqft
2,767
From
AED 2.18M
Handover
Q4 2026
Before keys
35%
Azizi Wasel
by Azizi
AED/sqft
3,038
From
AED 1.75M
Handover
Q2 2027
Before keys
40%
Luzora Residences
by DIA
AED/sqft
2,204
From
AED 1.77M
Handover
Q2 2027
Before keys
60%
Villa Del Garda
by Mr Eight
AED/sqft
4,100
From
AED 2.99M
Handover
Q1 2028
Before keys
35%
Aquora
by Casa Vista
AED/sqft
2,799
From
AED 2.07M
Handover
Q1 2028
Before keys
50%
Le Chateau Piétrus
by Mr Eight
AED/sqft
3,937
From
AED 3.94M
Handover
Q3 2028
Before keys
35%
Dubai Off-Plan Q3 2026

The full report: every community, every developer, ranked.

Dubai Islands, Dubai in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.

Get the report, USD 79or the agent seat, USD 99/mofree 5 page sample (PDF)

OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.