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Fairmont The Palm - Fairmont Heritage Place service charge

The 2026 service charge at Fairmont The Palm - Fairmont Heritage Place is AED 51.22 per sqft per year for residential units, down 1.4% since 2023. That is AED 46,098 a year on a 900 sqft apartment — about AED 3,842 a month.

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

What it costs by unit size

Studio ~450 sqft
AED 23,049 per year
AED 5,762 per qtr
AED 1,921 per month
1 bed ~750 sqft
AED 38,415 per year
AED 9,604 per qtr
AED 3,201 per month
2 bed ~1,100 sqft
AED 56,342 per year
AED 14,086 per qtr
AED 4,695 per month
3 bed ~1,700 sqft
AED 87,074 per year
AED 21,769 per qtr
AED 7,256 per month

Multiply AED 51.22 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 22.21
Maintenance AED 10.11
Management Services AED 9.66
Services AED 4.55
Master Community AED 2.79
Reserved Fund AED 1.28
Insurance AED 0.62
TotalAED 51.22

Service charge history

Every approved budget on record for Fairmont The Palm - Fairmont Heritage Place. 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 56.6 2019
AED 56.26 2020
AED 57.71 2021
AED 51.97 2022
AED 51.97 2023
AED 48.28 2024
AED 51.3 2025
AED 51.22 2026

How it compares in Palm Jumeirah

The median across 105 buildings in Palm Jumeirah is AED 22.2 per sqft, ranging from AED 0.52 to AED 100.22. Fairmont The Palm - Fairmont Heritage Place is 131% above the median.

See all 105 buildings in Palm Jumeirah →

Questions owners ask

What is the service charge at Fairmont The Palm - Fairmont Heritage Place?

Fairmont The Palm - Fairmont Heritage Place has a RERA-approved service charge of AED 51.22 per square foot per year for 2026 (Residential units). On a 900 sqft apartment that is AED 46,098 a year, or about AED 3,842 a month.

What does that service charge pay for?

The approved budget splits into 7 categories, the largest being Utilities Services at AED 22.21, Maintenance at AED 10.11, Management Services at AED 9.66 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 Fairmont The Palm - Fairmont Heritage Place gone up?

The approved rate was AED 56.6 per sqft in 2019 and is AED 51.22 for 2026 — down 1.4% since 2023. Owners' associations must submit a budget to RERA each year, so increases follow an approved cost rather than a landlord decision.

All Dubai service charges · Service charge calculator · Property fees calculator · What buyers actually paid

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