Bay Square - 09 service charge
The 2026 service charge at Bay Square - 09 is AED 33.25 per sqft per year for residential units, up 9.4% since 2023. That is AED 29,925 a year on a 900 sqft apartment — about AED 2,494 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 14,963 | AED 3,741 | AED 1,247 |
| 1 bed ~750 sqft | AED 24,938 | AED 6,234 | AED 2,078 |
| 2 bed ~1,100 sqft | AED 36,575 | AED 9,144 | AED 3,048 |
| 3 bed ~1,700 sqft | AED 56,525 | AED 14,131 | AED 4,710 |
Multiply AED 33.25 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 11.1 | |
| Master Community | AED 8.52 | |
| Maintenance | AED 4.93 | |
| Reserved Fund | AED 2.9 | |
| Services | AED 2.86 | |
| Improvement | AED 1.49 | |
| Management Services | AED 1.1 | |
| Insurance | AED 0.35 | |
| Total | AED 33.25 |
Service charge history
Every approved budget on record for Bay Square - 09. 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 |
|---|---|
| Residential (shown above) | AED 33.25 |
| Retail | AED 28.07 |
How it compares in Business Bay
The median across 213 buildings in Business Bay is AED 19.95 per sqft, ranging from AED 2.75 to AED 70.63. Bay Square - 09 is 67% above the median.
Questions owners ask
What is the service charge at Bay Square - 09?
Bay Square - 09 has a RERA-approved service charge of AED 33.25 per square foot per year for 2026 (Residential units). On a 900 sqft apartment that is AED 29,925 a year, or about AED 2,494 a month.
What does that service charge pay for?
The approved budget splits into 8 categories, the largest being Utilities Services at AED 11.1, Master Community at AED 8.52, Maintenance at AED 4.93 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 Bay Square - 09 gone up?
The approved rate was AED 30.4 per sqft in 2023 and is AED 33.25 for 2026 — up 9.4% 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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