Iluka by MS Homes
Dubai Islands , Dubai
AED 1,700,000
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AED 1,700,000
Free Residency Visa
Construction Progress13%
Description
Iluka by the Sea, a project by MS Homes on Dubai Islands, promises luxury and tranquillity through its premium residential offerings of 1, 2, 3, and 4-bedroom apartments. Iluka is designed for spacious luxury, with layouts that prioritise openness and fluidity, ensuring seamless transitions between areas. It blends classic design with modern aesthetics, offering elegant and contemporary living spaces.
All fixture and fittings reflect Iluka's dedication to quality, from sophisticated appliances to artisanal fixtures. Marble installations and flooring enhance the opulence, with unique patterns adding exclusivity and tactile delight. Each element elevates the living experience, merging functionality with sheer elegance for a luxurious lifestyle.
Amenities & Features
Parking Spaces
Gym or Health Club
Swimming Pool
Kids Play Area
Barbeque Area
Property Details
CompletionOff-Plan -
Q3 2026
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 1,700,000
DLD Fee (4%)AED 68,000
Trustee FeeAED 4,200
Agency (2%)AED 34,000
Total
InvestmentAED 1,806,200
Expected Annual Returns
Expected Annual RentAED 141,100
Service Charges (Est)-AED 12,060
Net Annual
IncomeAED 129,040
Net Annual ROI7.1% (after expenses)
Payback Period14.0 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa10.7 km
Dubai Mall10.6 km
Dubai Airport (DXB)8.5 km
Mall of the Emirates21.3 km
Dubai Marina28.2 km