Bluewaters Residences service charge
The 2026 service charge at Bluewaters Residences is AED 41.37 per sqft per year for retail units, down 0.9% since 2023. That is AED 37,233 a year on a 900 sqft apartment — about AED 3,103 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 18,617 | AED 4,654 | AED 1,551 |
| 1 bed ~750 sqft | AED 31,028 | AED 7,757 | AED 2,586 |
| 2 bed ~1,100 sqft | AED 45,507 | AED 11,377 | AED 3,792 |
| 3 bed ~1,700 sqft | AED 70,329 | AED 17,582 | AED 5,861 |
Multiply AED 41.37 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.
| Services | AED 14.36 | |
| Utilities Services | AED 8.74 | |
| Maintenance | AED 7.16 | |
| Master Community | AED 5.1 | |
| Reserved Fund | AED 2.45 | |
| Management Services | AED 1.68 | |
| Improvement | AED 1.09 | |
| Insurance | AED 0.53 | |
| Income | AED 0.26 | |
| Total | AED 41.37 |
Service charge history
Every approved budget on record for Bluewaters 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 |
|---|---|
| Parking | AED 17.77 |
| Retail (shown above) | AED 41.37 |
How it compares in Bluewaters Island
The median across 4 buildings in Bluewaters Island is AED 30.26 per sqft, ranging from AED 0.53 to AED 41.37. Bluewaters Residences is 37% above the median.
Questions owners ask
What is the service charge at Bluewaters Residences?
Bluewaters Residences has a RERA-approved service charge of AED 41.37 per square foot per year for 2026 (Retail units). On a 900 sqft apartment that is AED 37,233 a year, or about AED 3,103 a month.
What does that service charge pay for?
The approved budget splits into 9 categories, the largest being Services at AED 14.36, Utilities Services at AED 8.74, Maintenance at AED 7.16 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 Bluewaters Residences gone up?
The approved rate was AED 55.8 per sqft in 2019 and is AED 41.37 for 2026 — down 0.9% 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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