Do you want to buy a home in Dubai? It is essential to become familiar with all of the city’s service charges in order to understand the additional costs associated with purchasing a home. Here is a useful information from YP on service charges in Dubai and how they effect property prices.
Relevant:Â Top Areas to Buy Property in Dubai
WHAT ARE SERVICE CHARGES IN DUBAI AND WHERE DO THEY APPLY?
In Dubai, service charges are recurrent payments that homeowners pay for the care and repair of residential buildings or communities. They address many elements of property management such as maintenance, cleaning, security personnel, landscaping, and general care of the area/building.
Service costs in Dubai apply to all sorts of properties, whether they are villas or apartments, retail or commercial. These prices are calculated per square foot and can range from AED 3 to AED 30 or more.
INDEX OF DUBAI SERVICE CHARGES BREAKDOWN
The overall cost of service charges charged to a property varies based on a number of criteria, including:
- Community Location – The area in which the property is located.
- The building/sub-community in the neighborhood is the project type.
- Property Usage – The reason for buying the property. This comprises retail, commercial, and residential properties, as well as offices, villas, and serviced apartments.
For example, service costs in more upscale areas may be more than those in a more budget-friendly location for a comparable property. The service rates for Meydan villas for sale, for example, are more than those for JVC villas for sale.
The developer and the size of a homeowner’s property are two more elements that influence the cost of service fees in Dubai. According to the aforementioned specifications, homeowners will be paid a series of normal service costs for the property, such as DEWA connection setup, maintenance, and so on.
The following is a list of the most common service adjustments that are often invoiced to the owner.
- Services
- Maintenance
- DEWA Utilities
- Management
- Insurance
- Master Community
VILLA AND APARTMENT SERVICE CHARGES IN DUBAI COMPARISON
DUBAI APARTMENT SERVICE FEES
We used Arena Apartments in Dubai Sports City as an example of apartment service costs. Here are the service costs you’ll have to pay if you live in this residential building.
Service Charges | Rate (AED/Sq.Ft) |
Services | 2.58 |
Maintenance | 2.00 |
Utilities Services | 1.54 |
Management Services | 1.26 |
Insurance | 0.25 |
Master Community | 1.15 |
Reserved Fund | 0.96 |
Total | 9.74 |
Service Charges FOR DUBAI VILLAS
The charges for villas in Dubai varies somewhat from those for flats. Here’s an example from Al Reem 1 in Arabian Ranches, a popular city community for purchasing villas.
Service Charges | Rate (AED/Sq.Ft) |
Services | 0.59 |
Maintenance | 0.42 |
Utilities Services | 0.33 |
Insurance | 0.01 |
Master Community | 1.31 |
Reserved Fund | 0.15 |
Total | 2.81 |
Please keep in mind that these are the most recent service prices and are subject to change. For the most up-to-date breakdown of service costs for every property type in Dubai, we recommend visiting the Dubai Land Department’s official service charge index webpage.