Sold Prices · DLD Data
Iluka Residences
Palm Deira, Dubai · Palm Deira
AED 2,352
Avg Price / sqft
AED 3.2M
Avg Sale Price
8
DLD Sales Recorded
4.2%
Est. Gross Yield
Market snapshot
Iluka Residences — the numbers
Iluka Residences is a residential building in Palm Deira, Dubai with approximately 57 units. Dubai Land Department records show 8 sales in the building, at an average price of AED 3.2M — around AED 2,352 per square foot.
Since January 2026, 8 sales completed in Iluka Residences, with the average price per square foot moving from AED 2,314 to AED 2,311 (-0.2%). Prices have held broadly steady, a sign of a balanced market in the tower.
Benchmarked against average residential rents in Palm Deira, a typical unit in Iluka Residences returns an estimated 4.2% gross rental yield before service charges — a useful starting point for investors comparing towers across Palm Deira.
Figures are from Dubai Land Department transaction records for Iluka Residences; individual units vary by floor, view and finish. Gross yield is estimated against average Palm Deira residential rents, before service charges.
Price trend
Price trend in Iluka Residences
Average sale price per sqft by month since January 2026-0.2%
Unit types
Prices by unit type
2 Bed
AED 2.7M
AED 2,391/sqft
4 sales · last 12 months
3 Bed
AED 3.7M
AED 2,313/sqft
4 sales · last 12 months
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 01 Jun 2026 | Sales | 3 | 1,568 | AED 3.6M | AED 2,311 |
| 27 Feb 2026 | Sales | 3 | 1,680 | AED 3.9M | AED 2,321 |
| 19 Feb 2026 | Sales | 2 | 1,111 | AED 2.6M | AED 2,315 |
| 18 Feb 2026 | Sales | 2 | 1,113 | AED 2.7M | AED 2,435 |
| 17 Feb 2026 | Sales | 2 | 1,108 | AED 2.8M | AED 2,494 |
| 22 Jan 2026 | Sales | 3 | 1,610 | AED 3.7M | AED 2,310 |
| 16 Jan 2026 | Sales | 3 | 1,568 | AED 3.6M | AED 2,311 |
| 16 Jan 2026 | Sales | 2 | 1,106 | AED 2.6M | AED 2,322 |
About the area
Iluka Residences is in Dubai Islands
Dubai Islands represents a groundbreaking waterfront community that encompasses five individual islands, strategically designed to elevate the standard of coastal living in Dubai. Spanning an impressive 17 square kilometers, this development caters to families, professionals, and investors, offering a vibrant and connected lifestyle that is both modern and inviting.
Explore the Dubai Islands area guideNearby
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FAQ
Iluka Residences: frequently asked questions
What is the average price in Iluka Residences?
The average recorded sale price in Iluka Residences, Palm Deira is AED 3.2M, around AED 2,352 per square foot, based on Dubai Land Department transaction data.
Are prices in Iluka Residences going up or down?
Average sale prices in Iluka Residences have held steady -0.2% per square foot since January 2026, across 8 DLD-recorded sales.
What rental yield can I expect in Iluka Residences?
Based on average Palm Deira residential rents against sale prices in the building, a typical unit in Iluka Residences yields roughly 4.2% gross per year, before service charges and fees.
How many properties have sold in Iluka Residences?
8 sales have been recorded in Iluka Residences according to DLD data, across approximately 57 units.
Considering Iluka Residences?
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