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Latifa Tower - Latifa Tower Penthouses service charge

The 2026 service charge at Latifa Tower - Latifa Tower Penthouses is AED 6.76 per sqft per year for offices units, down 5.8% since 2023. That is AED 6,084 a year on a 900 sqft apartment — about AED 507 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 3,042 AED 761 AED 254
1 bed ~750 sqft AED 5,070 AED 1,268 AED 423
2 bed ~1,100 sqft AED 7,436 AED 1,859 AED 620
3 bed ~1,700 sqft AED 11,492 AED 2,873 AED 958

Multiply AED 6.76 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 3.22
Maintenance AED 1.84
Insurance AED 0.77
Services AED 0.49
Reserved Fund AED 0.25
Management Services AED 0.17
Income AED 0.02
TotalAED 6.76

Service charge history

Every approved budget on record for Latifa Tower - Latifa Tower Penthouses. 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 13.84 2019
AED 9.21 2020
AED 8.94 2021
AED 6.88 2022
AED 7.18 2023
AED 6.45 2024
AED 6.55 2025
AED 6.76 2026

How it compares in Dubai World Trade Centre

The median across 4 buildings in Dubai World Trade Centre is AED 11.38 per sqft, ranging from AED 6.76 to AED 59.5. Latifa Tower - Latifa Tower Penthouses is 41% below the median.

See all 4 buildings in Dubai World Trade Centre →

Questions owners ask

What is the service charge at Latifa Tower - Latifa Tower Penthouses?

Latifa Tower - Latifa Tower Penthouses has a RERA-approved service charge of AED 6.76 per square foot per year for 2026 (Offices units). On a 900 sqft apartment that is AED 6,084 a year, or about AED 507 a month.

What does that service charge pay for?

The approved budget splits into 7 categories, the largest being Utilities Services at AED 3.22, Maintenance at AED 1.84, Insurance at AED 0.77 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 Latifa Tower - Latifa Tower Penthouses gone up?

The approved rate was AED 13.84 per sqft in 2019 and is AED 6.76 for 2026 — down 5.8% 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