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Under constructionMS Homes DevelopmentRef MP-17267

Urgent Sale | 18.1% Below OP | 3 BR in Iluka Residences

Iluka Residences, Dubai Islands, Dubai

Urgent Sale | 18.1% Below OP | 3 BR in Iluka Residences photo 11 / 15

Developer

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

  1. 1Payment to seller: AED 1,591,655
  2. 2DLD Transfer Fee (4% of OP + AED 40): AED 140,875
  3. 3Trustee Office Fee: AED 5,250
  4. 4Buyer's Agency Commission (2% + VAT): AED 63,000
  5. 5On Handover: AED 1,056,259
  6. 6TOTAL COSTS FOR BUYER: AED 3,209,125

Apartment

Unit typeAreaStarting price
3 Bedroom1,535 sqftfrom3,000,000 AEDInquire

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:

  1. Payment to seller: AED 1,591,655

  2. DLD Transfer Fee (4% of OP + AED 40): AED 140,875

  3. Trustee Office Fee: AED 5,250

  4. 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.

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Iluka Residences, Dubai Islands, Dubai

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