Play in Dubai Service Charges This is particularly important because many properties are part of large, luxury residential complexes or high-rise blocks. These fees are charged by the Dubai Real Estate Regulatory Authority (RERA) regulated and monitored to ensure transparency and fairness.
The service charges are made up of various components:
- Facility ManagementCleaning, Security, Reception
- Technical maintenanceLifts, air conditioning systems, fire protection systems
- Supply facilitiesPool facilities, fitness centre, common areas
- Insurances and administrative costs
- Reserves for major repairs and renovations
The amount of the service charges is calculated in AED per square foot and can vary considerably depending on the property. In premium locations such as Dubai Marina or Palm Jumeirah these fees can be significantly higher than in less centralised areas.
For you as an investor or buyer, it is important to bear this in mind:
- Service charges should already be factored into the investment decision
- The fees can be adjusted annually
- Professional management often justifies higher fees through value stability
- The RERA provides online information on authorised service charges
Particularly in Dubai, where extreme climatic conditions prevail, well-maintained communal facilities and functioning Facility Management essential. The service charges make a significant contribution to ensuring a high standard of living and the value retention of your property.