Unit 505, Iluka Residences: what it sold for and what it is worth now

Unit 505 at Iluka Residences is a 2 bed of 1,105 sq ft. It last sold for AED 2,502,652 on 17 Sep 2025. At AED 2,321 per sq ft, from 5 sales of units ending 05 (same position in the tower), it is worth about AED 2,565,000 today.

Value todayAED 2,565,000AED 2,503,000 to AED 2,588,000
Last saleAED 2,502,65217 Sep 2025 · Off-plan
Change since last sale+2.5%Building trend alone: AED 2,480,813
Bedrooms2 bed
Size1,105 sq ft
Floor5 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingIluka Residences by MS Homes, handed over 2026
Registered sales of this unit1

Every registered sale of unit 505

DatePriceSizeAED/sq ftType
17 Sep 2025AED 2,502,6521,105 sq ft2,265Off-plan

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20517 Feb 2026AED 2,764,3101,108 sq ft2,495Off-plan
70516 Jan 2026AED 2,567,5361,106 sq ft2,321Off-plan
60518 Sep 2025AED 2,595,0671,108 sq ft2,342Off-plan
30528 May 2025AED 2,447,0381,105 sq ft2,215Off-plan

Latest 2 bed sales in Iluka Residences

UnitDatePriceSizeAED/sq ftType
20619 Feb 2026AED 2,572,9561,111 sq ft2,316Off-plan
20418 Feb 2026AED 2,709,5571,113 sq ft2,434Off-plan
20517 Feb 2026AED 2,764,3101,108 sq ft2,495Off-plan
70516 Jan 2026AED 2,567,5361,106 sq ft2,321Off-plan
70627 Sep 2025AED 2,637,0191,112 sq ft2,371Off-plan
60518 Sep 2025AED 2,595,0671,108 sq ft2,342Off-plan
30617 Sep 2025AED 2,515,5021,111 sq ft2,264Off-plan
70415 Sep 2025AED 2,576,3681,110 sq ft2,321Off-plan

How we worked out the value

We took the 5 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,321). We multiplied it by the size of this unit (1,105 sq ft). The range uses the middle half of those sales (AED 2,265 to AED 2,342 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,480,813. Floor, view, condition and upgrades can move the price either way. Sales data to 26 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 505 at Iluka Residences worth?

About AED 2,565,000 (range AED 2,503,000 to AED 2,588,000), based on AED 2,321 per sq ft from registered sales up to 26 Aug 2026.

When did unit 505 last sell?

17 Sep 2025, for AED 2,502,652 (off-plan). It has 1 registered sale.

Sales alert for Iluka ResidencesAll sales in Iluka Residences

Unit 407 · Unit 506