Urgent Sale | 18.1% Below OP | 3 BR in Iluka Residences
Iluka Residences, Dubai Islands, Dubai
1 / 15Developer
MS Homes Development
Project
Iluka Residences
Category
Residential
Type
Apartment, Urgent Sale
Status
Under construction
Completion
2026-12-01
Launch price
3,000,000 AED
Listed
9 Oct 2026
Government fee
4%
Payment plan & pricing
Payment plan
- 1Payment to seller: AED 1,591,655
- 2DLD Transfer Fee (4% of OP + AED 40): AED 140,875
- 3Trustee Office Fee: AED 5,250
- 4Buyer's Agency Commission (2% + VAT): AED 63,000
- 5On Handover: AED 1,056,259
- 6TOTAL COSTS FOR BUYER: AED 3,209,125
Apartment
| Unit type | Area | Starting price | |
|---|---|---|---|
| 3 Bedroom | 1,535 sqft | from3,000,000 AED | Inquire |
Urgent Sale Properties in Dubai & UAE
Explore a selection of urgent sale opportunities across all property types, including apartments, villas, townhouses, commercial properties, plots, and other real estate assets.
The properties featured in this section are offered within the secondary market and may include both ready properties and off-plan properties currently under construction. These opportunities typically arise when property owners are motivated to sell within a shorter timeframe due to personal, financial, investment, or other circumstances.
As a result, some properties may be offered at highly competitive prices, potentially below the owner’s original purchase price or below the prevailing market value, depending on the individual property, payment status, market conditions, and seller’s circumstances.
For investors and buyers, urgent sale opportunities may provide access to attractive properties that are not always available at standard market pricing. However, every opportunity should be evaluated individually based on its current market value, outstanding payment obligations, construction status, transfer conditions, and other applicable terms.
Important Notice
The properties displayed in this section represent an informational inventory of potential urgent sale opportunities and are provided for general reference only.
Property prices, availability, payment details, construction status, and other information may change at any time without prior notice. Due to the nature of the secondary market and urgent sales, a listed property may already be reserved, sold, withdrawn, or have its price or terms changed before the listing is updated.
Any reference to a property being priced below purchase price, below original price, or below market value should be independently verified at the time of enquiry and does not constitute a guaranteed valuation, investment return, or financial advice.
For the latest availability, confirmed asking price, complete property details, payment status, and transaction terms, please contact our team directly. Our property consultants will verify the current status with the owner and provide you with the most up-to-date information available.
About this Unit:
DISTRESS DEAL: 3-BR IN ILUKA RESIDENCES
Project – Iluka Residences
Developer – MS Homes
Area – Dubai Islands
Type – Apartment
Bedrooms – 3-BR
Size – 1,535 sq.ft
Floor – (3-5)
View – Water
Pool on the Balcony – ✔
Handover – Q4 2026
💰SELLING PRICE:
Original Price + DLD 4%: AED 3,661,698
Selling price: AED 3,000,000
Discount: AED 661,698 (18,1%)
📑PAYMENT PLAN (AED)
UNIT PRICE: AED 3,000,000
Payments on Transfer:
Payment to seller: AED 1,591,655
DLD Transfer Fee (4% of OP + AED 40): AED 140,875
Trustee Office Fee: AED 5,250
Buyer's Agency Commission (2% + VAT): AED 63,000
Payment Plan:
10.09.2026: AED 352,086
On Handover: AED 1,056,259
Total on Transfer: AED 1,800,780
Total Remaining Payment Plan: AED 1,408,345
TOTAL COSTS FOR BUYER: AED 3,209,125
About this project
Discover an exclusive urgent sale opportunity at Iluka Residences by MS Homes Development on Dubai Islands. This luxurious 3-bedroom apartment offers 1,535 sq ft of modern living space, beautiful water views, a private swimming pool on the balcony, and a low-floor location between levels 3 and 5. Priced at AED 3,000,000, representing an 18.1% discount against the stated original cost including DLD fees. Experience premium waterfront living in one of Dubai's emerging island destinations, with handover scheduled for Q4 2026.
Iluka Residences, Dubai Islands, Dubai