Concept 7 service charge
The 2026 service charge at Concept 7 is AED 17.23 per sqft per year for residential units, up 9.5% since 2025. That is AED 15,507 a year on a 900 sqft apartment — about AED 1,292 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 7,754 | AED 1,938 | AED 646 |
| 1 bed ~750 sqft | AED 12,923 | AED 3,231 | AED 1,077 |
| 2 bed ~1,100 sqft | AED 18,953 | AED 4,738 | AED 1,579 |
| 3 bed ~1,700 sqft | AED 29,291 | AED 7,323 | AED 2,441 |
Multiply AED 17.23 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 7.02 | |
| Services | AED 3.72 | |
| Maintenance | AED 2.97 | |
| Reserved Fund | AED 1.47 | |
| Management Services | AED 1.08 | |
| Master Community | AED 0.66 | |
| Insurance | AED 0.31 | |
| Total | AED 17.23 |
Service charge history
Every approved budget on record for Concept 7. 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 16.17 |
| Parking | AED 12.05 |
| Residential (shown above) | AED 17.23 |
How it compares in Jumeirah Village Circle
The median across 189 buildings in Jumeirah Village Circle is AED 16.74 per sqft, ranging from AED 0.55 to AED 61.16. Concept 7 is 3% above the median.
Questions owners ask
What is the service charge at Concept 7?
Concept 7 has a RERA-approved service charge of AED 17.23 per square foot per year for 2026 (Residential units). On a 900 sqft apartment that is AED 15,507 a year, or about AED 1,292 a month.
What does that service charge pay for?
The approved budget splits into 7 categories, the largest being Utilities Services at AED 7.02, Services at AED 3.72, Maintenance at AED 2.97 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 Concept 7 gone up?
The approved rate was AED 15.73 per sqft in 2025 and is AED 17.23 for 2026 — up 9.5% since 2025. 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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