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Green Lakes S2 service charge

The 2026 service charge at Green Lakes S2 is AED 20.28 per sqft per year for residential units, up 4.6% since 2023. That is AED 18,252 a year on a 900 sqft apartment — about AED 1,521 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 9,126 per year
AED 2,282 per qtr
AED 761 per month
1 bed ~750 sqft
AED 15,210 per year
AED 3,803 per qtr
AED 1,268 per month
2 bed ~1,100 sqft
AED 22,308 per year
AED 5,577 per qtr
AED 1,859 per month
3 bed ~1,700 sqft
AED 34,476 per year
AED 8,619 per qtr
AED 2,873 per month

Multiply AED 20.28 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.

Unit A/C (Charges) AED 6.72
Utilities Services AED 4.94
Master Community AED 3.1
Maintenance AED 2.11
Services AED 1.58
Management Services AED 0.64
Reserved Fund AED 0.56
Insurance AED 0.49
Improvement AED 0.14
TotalAED 20.28

Service charge history

Every approved budget on record for Green Lakes S2. 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 19.98 2019
AED 20.12 2020
AED 18.61 2021
AED 19.74 2022
AED 19.38 2023
AED 19.81 2024
AED 19.92 2025
AED 20.28 2026

Other usage types in this building

RERA approves a separate rate per usage. Retail, offices and parking are budgeted apart from homes.

UsageRate per sqft
RetailAED 18.48
Residential (shown above)AED 20.28

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. Green Lakes S2 is 8% above the median.

See all 137 buildings in DMCC Master Community →

Questions owners ask

What is the service charge at Green Lakes S2?

Green Lakes S2 has a RERA-approved service charge of AED 20.28 per square foot per year for 2026 (Residential units). On a 900 sqft apartment that is AED 18,252 a year, or about AED 1,521 a month.

What does that service charge pay for?

The approved budget splits into 9 categories, the largest being Unit A/C (Charges) at AED 6.72, Utilities Services at AED 4.94, Master Community at AED 3.1 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 Green Lakes S2 gone up?

The approved rate was AED 19.98 per sqft in 2019 and is AED 20.28 for 2026 — up 4.6% 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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