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Bvlgari Residence service charge

The 2026 service charge at Bvlgari Residence is AED 54.59 per sqft per year for residential units, up 21.7% since 2023. That is AED 49,131 a year on a 900 sqft apartment — about AED 4,094 a month.

Source: Dubai Land Department owners association register (2026 approved budget), read 26 September 2026.

What it costs by unit size

UnitPer yearPer quarterPer month
Studio ~450 sqft AED 24,566 AED 6,141 AED 2,047
1 bed ~750 sqft AED 40,943 AED 10,236 AED 3,412
2 bed ~1,100 sqft AED 60,049 AED 15,012 AED 5,004
3 bed ~1,700 sqft AED 92,803 AED 23,201 AED 7,734

Multiply AED 54.59 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.

Hotel Services AED 19.21
Utilities Services AED 9.22
Maintenance AED 6.32
Master Community AED 5.23
Reserved Fund AED 4.76
Services AED 4.73
Improvement AED 2.6
Management Services AED 1.79
Insurance AED 0.45
Income AED 0.28
TotalAED 54.59

Service charge history

Every approved budget on record for Bvlgari Residence. 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.

AED 38.47 2019
AED 40.48 2020
AED 40.28 2021
AED 40.28 2022
AED 44.84 2023
AED 49.38 2024
AED 53.72 2025
AED 54.59 2026

Other usage types in this building

RERA approves a separate rate per usage. Retail, offices and parking are budgeted apart from homes.

UsageRate per sqft
ParkingAED 21.31
Residential (shown above)AED 54.59

How it compares in Jumeira Bay

The median across 6 buildings in Jumeira Bay is AED 9.92 per sqft, ranging from AED 5.11 to AED 54.59. Bvlgari Residence is 450% above the median.

See all 6 buildings in Jumeira Bay →

Questions owners ask

What is the service charge at Bvlgari Residence?

Bvlgari Residence has a RERA-approved service charge of AED 54.59 per square foot per year for 2026 (Residential units). On a 900 sqft apartment that is AED 49,131 a year, or about AED 4,094 a month.

What does that service charge pay for?

The approved budget splits into 10 categories, the largest being Hotel Services at AED 19.21, Utilities Services at AED 9.22, Maintenance at AED 6.32 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 Bvlgari Residence gone up?

The approved rate was AED 38.47 per sqft in 2019 and is AED 54.59 for 2026 — up 21.7% 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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