Five Luxe service charge
The 2026 service charge at Five Luxe is AED 31.57 per sqft per year for retail units, down 73.7% since 2024. That is AED 28,413 a year on a 900 sqft apartment — about AED 2,368 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 14,207 | AED 3,552 | AED 1,184 |
| 1 bed ~750 sqft | AED 23,678 | AED 5,919 | AED 1,973 |
| 2 bed ~1,100 sqft | AED 34,727 | AED 8,682 | AED 2,894 |
| 3 bed ~1,700 sqft | AED 53,669 | AED 13,417 | AED 4,472 |
Multiply AED 31.57 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 13.64 | |
| Services | AED 11.36 | |
| Maintenance | AED 2.64 | |
| Insurance | AED 1.43 | |
| Shared Services | AED 1.09 | |
| Reserved Fund | AED 0.53 | |
| Master Community | AED 0.45 | |
| Management Services | AED 0.43 | |
| Total | AED 31.57 |
Service charge history
Every approved budget on record for Five Luxe. 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 |
|---|---|
| Hospitality | AED 26.11 |
| Commercial | AED 4.87 |
| Retail (shown above) | AED 31.57 |
How it compares in Jumeriah Beach Residence - JBR
The median across 5 buildings in Jumeriah Beach Residence - JBR is AED 31.57 per sqft, ranging from AED 13.98 to AED 45.38. Five Luxe is 0% below the median.
Questions owners ask
What is the service charge at Five Luxe?
Five Luxe has a RERA-approved service charge of AED 31.57 per square foot per year for 2026 (Retail units). On a 900 sqft apartment that is AED 28,413 a year, or about AED 2,368 a month.
What does that service charge pay for?
The approved budget splits into 8 categories, the largest being Utilities Services at AED 13.64, Services at AED 11.36, Maintenance at AED 2.64 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 Five Luxe gone up?
The approved rate was AED 120 per sqft in 2024 and is AED 31.57 for 2026 — down 73.7% since 2024. 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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