Concorde Tower 1 service charge
The 2026 service charge at Concorde Tower 1 is AED 27.69 per sqft per year for offices units, down 7.5% since 2023. That is AED 24,921 a year on a 900 sqft apartment — about AED 2,077 a month.
Source: Dubai Land Department owners association register (2026 approved budget), read 26 September 2026.
What it costs by unit size
Multiply AED 27.69 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 8.62 | |
| Unit A/C (Charges) | AED 5.33 | |
| Master Community | AED 3.39 | |
| Services | AED 3.02 | |
| Maintenance | AED 2.1 | |
| Reserved Fund | AED 1.98 | |
| Improvement | AED 1.53 | |
| Management Services | AED 1.19 | |
| Insurance | AED 0.47 | |
| Income | AED 0.06 | |
| Total | AED 27.69 |
Service charge history
Every approved budget on record for Concorde Tower 1. 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.
How it compares in DMCC Master Community
The median across 137 buildings in DMCC Master Community is AED 18.84 per sqft, ranging from AED 4.79 to AED 63.52. Concorde Tower 1 is 47% above the median.
Questions owners ask
What is the service charge at Concorde Tower 1?
Concorde Tower 1 has a RERA-approved service charge of AED 27.69 per square foot per year for 2026 (Offices units). On a 900 sqft apartment that is AED 24,921 a year, or about AED 2,077 a month.
What does that service charge pay for?
The approved budget splits into 10 categories, the largest being Utilities Services at AED 8.62, Unit A/C (Charges) at AED 5.33, Master Community at AED 3.39 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 Concorde Tower 1 gone up?
The approved rate was AED 27.84 per sqft in 2020 and is AED 27.69 for 2026 — down 7.5% 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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