Question 1

Who is the developer of Iluka Residences?

Accepted Answer

Iluka Residences is developed by MS Homes, a reputable developer known for delivering high-quality projects in Dubai.

Question 2

Where is Iluka Residences located in Dubai?

Accepted Answer

Iluka Residences is located in Dubai Islands, a premium waterfront destination offering stunning views and a luxurious lifestyle.

Question 3

What types of properties are available in Iluka Residences?

Accepted Answer

Iluka Residences offers 2-bedroom apartments in a modern off-plan development.

Question 4

How much does a property in Iluka Residences cost?

Accepted Answer

The starting price for a 2-bedroom apartment in Iluka Residences is AED 5,279,184.01.

Question 5

What payment plans are available for Iluka Residences?

Accepted Answer

The payment plan includes 20% at booking, 40% during construction, and 40% at handover.

Question 6

When will Iluka Residences be handed over / completed?

Accepted Answer

Iluka Residences is expected to be completed and handed over by September 30, 2026.

Question 7

Can foreigners buy property in Iluka Residences?

Accepted Answer

Yes, foreigners can buy property in Iluka Residences as Dubai Islands is a designated freehold area.

Question 8

Does purchasing property in Iluka Residences qualify for UAE Golden Visa?

Accepted Answer

Yes, purchasing a property in Iluka Residences qualifies for the UAE Golden Visa as the starting price exceeds AED 2 million.

Question 9

What is the investment potential of Iluka Residences?

Accepted Answer

Dubai Islands is an emerging area with strong growth potential, and properties here are likely to offer competitive rental yields and long-term value appreciation.

Question 10

Why choose Iluka Residences in Dubai Islands?

Accepted Answer

Iluka Residences offers luxurious amenities like an infinity pool, cinema room, and urban forest, combined with a prime waterfront location in Dubai Islands, making it an ideal choice for modern living.