Play in Dubai Maintenance Fees This is particularly important because the extreme climatic conditions and high quality standards require considerable maintenance. The fees are made up of various components:
- Technical maintenanceIn particular, the maintenance of air conditioning systems, which are used intensively throughout the year in Dubai
- Community facilitiesMaintenance of pools, fitness centres and lobby areas
- Security services24/7 monitoring and access control
- CleaningRegular cleaning of all common areas
- InsurancesBuilding insurance and other required insurances
Maintenance fees in Dubai are usually calculated per square foot and can vary considerably depending on the property and location. In Premium locations like Dubai Marina or Downtown Dubai these fees can be between AED 15 and 25 per square foot per year.
As a property investor or buyer, it is important for you to know that maintenance fees have a significant impact on the total cost of your property investment. When making your purchase decision, you should therefore:
- Check the current maintenance fees carefully
- Analyse the historical development of fees
- Understand the services included in detail
- Factor in possible future increases
In Dubai, maintenance fees are paid by the Real Estate Regulatory Agency (RERA) which also sets guidelines for their calculation. This is intended to prevent excessive fees and ensure transparency. Payment is usually made via a Service Charge Index Systemwhich was developed by the Dubai Land Department is monitored.
Please note that well-maintained properties in Dubai not only hold their value better, but can also generate higher rental income. The maintenance fees should therefore be seen as an investment in maintaining the value of your property.
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