1 Residences service charge
The 2026 service charge at 1 Residences is AED 17.05 per sqft per year for residential units, up 16.5% since 2023. That is AED 15,345 a year on a 900 sqft apartment — about AED 1,279 a month.
Source: Dubai Land Department owners association register (2026 approved budget), read 26 September 2026.
What it costs by unit size
| Unit | Per year | Per quarter | Per month |
|---|---|---|---|
| Studio ~450 sqft | AED 7,673 | AED 1,918 | AED 639 |
| 1 bed ~750 sqft | AED 12,788 | AED 3,197 | AED 1,066 |
| 2 bed ~1,100 sqft | AED 18,755 | AED 4,689 | AED 1,563 |
| 3 bed ~1,700 sqft | AED 28,985 | AED 7,246 | AED 2,415 |
Multiply AED 17.05 by your own built-up area for the exact figure, or use the service charge calculator to see what it does to your yield.
Where the money goes
The 2026 approved budget, per sqft.
| Utilities Services | AED 6.97 | |
| Reserved Fund | AED 2.82 | |
| Maintenance | AED 2.65 | |
| Services | AED 1.91 | |
| Master Community | AED 1.01 | |
| Management Services | AED 0.88 | |
| Insurance | AED 0.36 | |
| Improvement | AED 0.27 | |
| Income | AED 0.18 | |
| Total | AED 17.05 |
Service charge history
Every approved budget on record for 1 Residences. This is the part no other Dubai property site publishes — a rate that has jumped repeatedly is worth asking the owners' association about before you buy.
Other usage types in this building
RERA approves a separate rate per usage. Retail, offices and parking are budgeted apart from homes.
| Usage | Rate per sqft |
|---|---|
| Retail | AED 14.03 |
| Residential (shown above) | AED 17.05 |
| Parking | AED 7.48 |
How it compares in Unspecified
The median across 111 buildings in Unspecified is AED 16.89 per sqft, ranging from AED 1.29 to AED 74.91. 1 Residences is 1% above the median.
Questions owners ask
What is the service charge at 1 Residences?
1 Residences has a RERA-approved service charge of AED 17.05 per square foot per year for 2026 (Residential units). On a 900 sqft apartment that is AED 15,345 a year, or about AED 1,279 a month.
What does that service charge pay for?
The approved budget splits into 9 categories, the largest being Utilities Services at AED 6.97, Reserved Fund at AED 2.82, Maintenance at AED 2.65 per sqft. Service charges cover common-area maintenance, cleaning, security, insurance, shared utilities, management fees and a reserve fund for major works.
Is this the figure I will actually be billed?
It is the rate RERA approved for the building budget, which is what your owners' association bills against, multiplied by your unit's built-up area. Invoicing is usually quarterly through Mollak. Your own invoice can differ if your unit has a different usage type — parking and retail are budgeted separately — so check your Mollak statement for the exact amount.
Has the service charge at 1 Residences gone up?
The approved rate was AED 14.63 per sqft in 2023 and is AED 17.05 for 2026 — up 16.5% since 2023. Owners' associations must submit a budget to RERA each year, so increases follow an approved cost rather than a landlord decision.
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