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Luxury Family Residence Ii service charge

The 2026 service charge at Luxury Family Residence Ii is AED 42.93 per sqft per year for residential units, up 13.1% since 2025. That is AED 38,637 a year on a 900 sqft apartment — about AED 3,220 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 19,319 per year
AED 4,830 per qtr
AED 1,610 per month
1 bed ~750 sqft
AED 32,198 per year
AED 8,049 per qtr
AED 2,683 per month
2 bed ~1,100 sqft
AED 47,223 per year
AED 11,806 per qtr
AED 3,935 per month
3 bed ~1,700 sqft
AED 72,981 per year
AED 18,245 per qtr
AED 6,082 per month

Multiply AED 42.93 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.

Hotel Services AED 16.53
Shared Services AED 13.81
Utilities Services AED 6.65
Reserved Fund AED 2.53
Maintenance AED 2.31
Management Services AED 1.02
Services AED 0.08
TotalAED 42.93

Service charge history

Every approved budget on record for Luxury Family Residence Ii. 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 37.96 2025
AED 42.93 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 42.93
HotelAED 12.33

How it compares in Business Bay

The median across 213 buildings in Business Bay is AED 19.95 per sqft, ranging from AED 2.75 to AED 70.63. Luxury Family Residence Ii is 115% above the median.

See all 213 buildings in Business Bay →

Questions owners ask

What is the service charge at Luxury Family Residence Ii?

Luxury Family Residence Ii has a RERA-approved service charge of AED 42.93 per square foot per year for 2026 (Residential units). On a 900 sqft apartment that is AED 38,637 a year, or about AED 3,220 a month.

What does that service charge pay for?

The approved budget splits into 7 categories, the largest being Hotel Services at AED 16.53, Shared Services at AED 13.81, Utilities Services at AED 6.65 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 Luxury Family Residence Ii gone up?

The approved rate was AED 37.96 per sqft in 2025 and is AED 42.93 for 2026 — up 13.1% since 2025. 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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