Iluka Residences

Off-Plan

DeveloperMS HOMES DEVELOPERS

CommunityPalm Deira

AreaPalm Deira

Started

1 year 8 months ago15-05-2024

Handover

In 6 months15-08-2026

Status

13% BuiltIn Progress

Project Description

Residential Building (G+2P+8)

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Rising

+4%

Growth

Current:AED 2,444/sqft

Last 12M:AED 2,359/sqft

Momentum: Last 12Mvs Prior Year

—No sales in period

Community Compare: Last 90DPalm Deira

At Market

-2%

Below Avg

Project:AED 2,444/sqft

Community:AED 2,506/sqft

Liquidity: Last 12MExit Speed

High

35%Turnover

20Sold (Last 12M)

Supply & Demand Matrix

Iluka Residences averaged 35% liquidity over the last 12 months, which is considered high. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type

Absorption (L12M)

Velocity

1 Bedroom

10 units

5 sold5 left

50%

Velocity

2 Bedrooms

23 units

10 sold13 left

43%

Velocity

3 Bedrooms

21 units

4 sold17 left

19%

Velocity

4 Bedrooms

3 units

1 sold2 left

33%

Velocity

Layouts & Units (57)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 3 units	Type Flat	Beds 1 B/R	Size 790 sqft	Avg Price AED 1.9M	Last Price AED 1.9M	Last Sold 2 months ago	Sales 2

Units 4 units	Type Flat	Beds 1 B/R	Size 850 sqft	Avg Price AED 2.1M	Last Price AED 2.2M	Last Sold 3 months ago	Sales 3

Units 3 units	Type Flat	Beds 3 B/R	Size 1,565 sqft	Avg Price AED 3.6M	Last Price AED 3.6M	Last Sold 3 months ago	Sales 2

Units 12 units	Type Flat	Beds 2 B/R	Size 1,108 sqft	Avg Price AED 2.6M	Last Price AED 2.6M	Last Sold 4 months ago	Sales 6

Units 3 units	Type Flat	Beds 2 B/R	Size 1,106 sqft	Avg Price AED 2.5M	Last Price AED 2.5M	Last Sold 4 months ago	Sales 2

Units 3 units	Type Flat	Beds 3 B/R	Size 1,516 sqft	Avg Price AED 3.6M	Last Price AED 3.6M	Last Sold 4 months ago	Sales 1

Units 3 units	Type Flat	Beds 2 B/R	Size 1,113 sqft	Avg Price AED 2.6M	Last Price AED 2.6M	Last Sold 7 months ago	Sales 2

Units 803	Type Flat	Beds 3 B/R	Size 1,824 sqft	Avg Price AED 4.4M	Last Price AED 4.4M	Last Sold 8 months ago	Sales 1

Units 802	Type Flat	Beds 4 B/R	Size 1,938 sqft	Avg Price AED 4.8M	Last Price AED 4.8M	Last Sold 8 months ago	Sales 1

Units G02	Type Flat	Beds 1 B/R	Size 1,147 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G01	Type Flat	Beds 1 B/R	Size 1,155 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units G03	Type Flat	Beds 1 B/R	Size 1,166 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units P102	Type Flat	Beds 2 B/R	Size 1,428 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units P101	Type Flat	Beds 2 B/R	Size 1,509 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 2 B/R	Size 1,678 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 105	Type Flat	Beds 2 B/R	Size 2,021 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 3 B/R	Size 1,521 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 3 B/R	Size 1,568 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds 3 B/R	Size 1,591 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds 3 B/R	Size 1,594 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 701	Type Flat	Beds 3 B/R	Size 1,610 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 3 B/R	Size 1,680 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds 3 B/R	Size 2,122 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 804	Type Flat	Beds 4 B/R	Size 2,154 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 801	Type Flat	Beds 4 B/R	Size 2,882 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

25 unique layouts covering 57 units