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Iluka Residences

by MS HOMES DEVELOPERS L.L.C·PALM DEIRAResidentialFreeholdOff-plan Heavy

Development & Handover Profile

⚠️ Past Expected Date
Construction Progress13.4%
Project Start
May 15, 2024
Expected Handover
Aug 15, 2026
Total Units
57
Avg Unit Size
1375 sqft
Freehold Ratio
100%
Escrow Agent
United Bank Limited
Median Price
AED 2.58M
PSF
AED 2,342/sqft
Sales 12M
3
vs Area
-4.9%
Asset Turnover
ⓘ
5.3%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
57
Avg Unit Size
1375 sqft
1BR
17.5%
4BR+
5.3%
2BR
40.4%
3BR
36.8%

Room Configuration

Unit TypeCountShare
2BR2340.4%
3BR2136.8%
1BR1017.5%
4BR+35.3%

Price & Volume Trend

Unit Liquidity Matrix

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
2BR40.4%
23 units
33.3%
4 sold
0.82✓ BALANCED
3BR36.8%
21 units
41.7%
5 sold
1.13✓ BALANCED
1BR17.5%
10 units
25.0%
3 sold
1.43🔥 HIGH DEMAND
4BR+5.3%
3 units
0.0%
0 sold
—⚠️ STAGNANT

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
26 Aug 2026
PALM DEIRA1BRAED 1.85MAED 2,342/sqftOff-planFreehold
1 Jun 2026
PALM DEIRA3BRAED 3.62MAED 2,311/sqftOff-planFreehold
27 Feb 2026
PALM DEIRA3BRAED 3.90MAED 2,321/sqftOff-planFreehold
19 Feb 2026
PALM DEIRA2BRAED 2.57MAED 2,316/sqftOff-planFreehold
18 Feb 2026
PALM DEIRA2BRAED 2.71MAED 2,435/sqftOff-planFreehold
17 Feb 2026
Published 18 Feb 2026
PALM DEIRA2BRAED 2.76MAED 2,494/sqftOff-planFreehold
22 Jan 2026
PALM DEIRA3BRAED 3.72MAED 2,310/sqftOff-planFreehold
16 Jan 2026
Published 19 Jan 2026
PALM DEIRA3BRAED 3.62MAED 2,311/sqftOff-planFreehold
16 Jan 2026
Published 19 Jan 2026
PALM DEIRA2BRAED 2.57MAED 2,322/sqftOff-planFreehold
20 Nov 2025
PALM DEIRA1BRAED 1.93MAED 2,444/sqftOff-planFreehold
6 Nov 2025
PALM DEIRA1BRAED 2.18MAED 2,560/sqftOff-planFreehold
21 Oct 2025
PALM DEIRA3BRAED 3.61MAED 2,307/sqftOff-planFreehold
29 Sep 2025
PALM DEIRA2BRAED 2.64MAED 2,371/sqftOff-planFreehold
19 Sep 2025
PALM DEIRA2BRAED 2.60MAED 2,341/sqftOff-planFreehold
18 Sep 2025
PALM DEIRA2BRAED 2.50MAED 2,264/sqftOff-planFreehold
18 Sep 2025
PALM DEIRA3BRAED 3.59MAED 2,367/sqftOff-planFreehold
17 Sep 2025
PALM DEIRA2BRAED 2.52MAED 2,264/sqftOff-planFreehold
16 Sep 2025
PALM DEIRA2BRAED 2.58MAED 2,322/sqftOff-planFreehold
4 Aug 2025
PALM DEIRA1BRAED 1.85MAED 2,342/sqftOff-planFreehold
4 Aug 2025
PALM DEIRA3BRAED 3.69MAED 2,357/sqftOff-planFreehold
10 Jul 2025
PALM DEIRA2BRAED 2.56MAED 2,299/sqftOff-planFreehold
4 Jun 2025
PALM DEIRA3BRAED 4.36MAED 2,391/sqftOff-planFreehold
4 Jun 2025
PALM DEIRA4BR+AED 4.78MAED 2,466/sqftOff-planFreehold
28 May 2025
PALM DEIRA2BRAED 2.45MAED 2,214/sqftOff-planFreehold
26 May 2025
PALM DEIRA1BRAED 2.09MAED 2,457/sqftOff-planFreehold
7 May 2025
PALM DEIRA2BRAED 2.60MAED 2,343/sqftOff-planFreehold
5 May 2025
PALM DEIRA1BRAED 2.07MAED 2,441/sqftOff-planFreehold
21 Apr 2025
PALM DEIRA2BRAED 2.57MAED 2,315/sqftOff-planFreehold
15 Apr 2025
PALM DEIRA2BRAED 2.59MAED 2,324/sqftOff-planFreehold
8 Dec 2022
PALM DEIRAAED 15.51MAED 601/sqftReadyFreehold