What is the payment plan for Iluka Residences?

Iluka Residences by MS Homes Developers is sold on a 20/40/40 plan: 20% on booking, 40% during construction, 40% upon handover, as published by the developer.

How much is the booking amount for Iluka Residences?

20% of the price. On the cheapest unit at AED 5.3M that is AED 1,055,837.

How much do I pay before I get the keys to Iluka Residences?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 5.3M that is AED 5.3M by handover in Q4 2026.

Does Iluka Residences have a post-handover payment plan?

No. The published plan completes at handover in Q4 2026.

What are the registration fees on Iluka Residences?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 5.3M that is AED 211,167. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.

When is the handover of Iluka Residences?

MS Homes Developers publishes Q4 2026, which is 3 months from now.

MS Homes Developers · Dubai Islands · handover Q4 2026

Iluka Residences payment plan

Iluka Residences by MS Homes Developers in Dubai Islands, Dubai is sold on a 20/40/40 payment plan. On the cheapest unit, starting from AED 5.3M, that is AED 5.3M (100%) paid by handover in Q4 2026. Handover is 3 months away.

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The Iluka Residences payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	20%
During construction	40%
Upon Handover	40%

On the cheapest unit (4.5 BR, AED 5.3M)

On booking	AED 1,055,837
During construction	AED 2,111,674
Upon Handover	AED 2,111,674
Total (100%)	AED 5,279,184
Months to handover	3

Percentages as published by MS Homes Developers. Dirham figures are those percentages applied to the published starting price of AED 5,279,184. Registration and other fees are not included.

The Iluka Residences instalment schedule, line by line

Every instalment MS Homes Developers publishes for Iluka Residences, in order, with the charges listed alongside the plan.

Payment Plan 60/40

Published by MS Homes Developers

Stage	Instalment	Share	On AED 5,279,184
On booking20%	On booking	20%	AED 1,055,837
	DLD Feefee	4%	AED 211,167
	Admin Feefee	fixed	AED 2,500
During construction40%	Installment to Installment	4 × 10%	AED 527,918 each
Upon Handover	as published	40%	AED 2,111,674
Total of the plan		100%	AED 5,279,184

Lines marked fee (DLD Fee, Admin Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by MS Homes Developers; the dirham column applies each percentage to the published starting price of AED 5,279,184. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Iluka Residences

The same plan, applied to the starting price MS Homes Developers publishes for each size in the building.

Unit	From	On booking (20%)	During construction (40%)	Upon Handover (40%)
4.5 bedfrom 2,200 sq ft	AED 5,279,184	AED 1,055,837	AED 2,111,674	AED 2,111,674

Starting price per size as published by MS Homes Developers; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Iluka Residences

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to MS Homes Developers and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

Unit	From	Land Department 4%
4.5 bed	AED 5,279,184	AED 211,167

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on Iluka Residences

Iluka Residences payment plan: questions buyers ask

What is the payment plan for Iluka Residences?: Iluka Residences by MS Homes Developers is sold on a 20/40/40 plan: 20% on booking, 40% during construction, 40% upon handover, as published by the developer.
How much is the booking amount for Iluka Residences?: 20% of the price. On the cheapest unit at AED 5.3M that is AED 1,055,837.
How much do I pay before I get the keys to Iluka Residences?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 5.3M that is AED 5.3M by handover in Q4 2026.
Does Iluka Residences have a post-handover payment plan?: No. The published plan completes at handover in Q4 2026.
What are the registration fees on Iluka Residences?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 5.3M that is AED 211,167. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of Iluka Residences?: MS Homes Developers publishes Q4 2026, which is 3 months from now.

Payment plans in Dubai Islands

starting from

AED 5.3M

handover Q4 2026

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