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Golf Promenade 2 service charge

The 2026 service charge at Golf Promenade 2 is AED 8.98 per sqft per year for parking units, up 22.7% since 2023. That is AED 8,082 a year on a 900 sqft apartment — about AED 674 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 4,041 AED 1,010 AED 337
1 bed ~750 sqft AED 6,735 AED 1,684 AED 561
2 bed ~1,100 sqft AED 9,878 AED 2,470 AED 823
3 bed ~1,700 sqft AED 15,266 AED 3,817 AED 1,272

Multiply AED 8.98 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.

Master Community AED 3.45
Maintenance AED 1.45
Utilities Services AED 1.14
Management Services AED 0.95
Services AED 0.61
Reserved Fund AED 0.6
Income AED 0.49
Insurance AED 0.29
TotalAED 8.98

Service charge history

Every approved budget on record for Golf Promenade 2. 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 23.34 2022
AED 7.32 2023
AED 8.03 2024
AED 8.29 2025
AED 8.98 2026

How it compares in Damac Hills

The median across 37 buildings in Damac Hills is AED 3.89 per sqft, ranging from AED 0.5 to AED 26.11. Golf Promenade 2 is 131% above the median.

See all 37 buildings in Damac Hills →

Questions owners ask

What is the service charge at Golf Promenade 2?

Golf Promenade 2 has a RERA-approved service charge of AED 8.98 per square foot per year for 2026 (Parking units). On a 900 sqft apartment that is AED 8,082 a year, or about AED 674 a month.

What does that service charge pay for?

The approved budget splits into 8 categories, the largest being Master Community at AED 3.45, Maintenance at AED 1.45, Utilities Services at AED 1.14 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 Golf Promenade 2 gone up?

The approved rate was AED 23.34 per sqft in 2022 and is AED 8.98 for 2026 — up 22.7% 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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