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Lucky 1 Residences service charge

The 2026 service charge at Lucky 1 Residences is AED 16.59 per sqft per year for residential units, down 20.4% since 2023. That is AED 14,931 a year on a 900 sqft apartment — about AED 1,244 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 7,466 per year
AED 1,866 per qtr
AED 622 per month
1 bed ~750 sqft
AED 12,443 per year
AED 3,111 per qtr
AED 1,037 per month
2 bed ~1,100 sqft
AED 18,249 per year
AED 4,562 per qtr
AED 1,521 per month
3 bed ~1,700 sqft
AED 28,203 per year
AED 7,051 per qtr
AED 2,350 per month

Multiply AED 16.59 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 6.59
Maintenance AED 3.11
Services AED 3.06
Master Community AED 1.4
Management Services AED 1.15
Reserved Fund AED 1.08
Insurance AED 0.2
TotalAED 16.59

Service charge history

Every approved budget on record for Lucky 1 Residences. 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 20.85 2023
AED 15.85 2024
AED 16.38 2025
AED 16.59 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
Residential (shown above)AED 16.59
RetailAED 15.91

How it compares in Jumeirah Village Circle

The median across 189 buildings in Jumeirah Village Circle is AED 16.74 per sqft, ranging from AED 0.55 to AED 61.16. Lucky 1 Residences is 1% below the median.

See all 189 buildings in Jumeirah Village Circle →

Questions owners ask

What is the service charge at Lucky 1 Residences?

Lucky 1 Residences has a RERA-approved service charge of AED 16.59 per square foot per year for 2026 (Residential units). On a 900 sqft apartment that is AED 14,931 a year, or about AED 1,244 a month.

What does that service charge pay for?

The approved budget splits into 7 categories, the largest being Utilities Services at AED 6.59, Maintenance at AED 3.11, Services at AED 3.06 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 Lucky 1 Residences gone up?

The approved rate was AED 20.85 per sqft in 2023 and is AED 16.59 for 2026 — down 20.4% 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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