Olympic Park 3 service charge
The 2026 service charge at Olympic Park 3 is AED 14.26 per sqft per year for residential units, up 6.8% since 2023. That is AED 12,834 a year on a 900 sqft apartment — about AED 1,070 a month.
Source: Dubai Land Department owners association register (2026 approved budget), read 26 September 2026.
What it costs by unit size
| Unit | Per year | Per quarter | Per month |
|---|---|---|---|
| Studio ~450 sqft | AED 6,417 | AED 1,604 | AED 535 |
| 1 bed ~750 sqft | AED 10,695 | AED 2,674 | AED 891 |
| 2 bed ~1,100 sqft | AED 15,686 | AED 3,922 | AED 1,307 |
| 3 bed ~1,700 sqft | AED 24,242 | AED 6,061 | AED 2,020 |
Multiply AED 14.26 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.
| Services | AED 2.81 | |
| Utilities Services | AED 2.79 | |
| Unit A/C (Charges) | AED 2.68 | |
| Maintenance | AED 2.06 | |
| Master Community | AED 1.92 | |
| Reserved Fund | AED 0.9 | |
| Management Services | AED 0.78 | |
| Insurance | AED 0.32 | |
| Total | AED 14.26 |
Service charge history
Every approved budget on record for Olympic Park 3. 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.
Other usage types in this building
RERA approves a separate rate per usage. Retail, offices and parking are budgeted apart from homes.
| Usage | Rate per sqft |
|---|---|
| Residential (shown above) | AED 14.26 |
| Parking | AED 7.03 |
| Stores | AED 5.42 |
How it compares in Dubai Sports City
The median across 71 buildings in Dubai Sports City is AED 15.41 per sqft, ranging from AED 4.58 to AED 28.69. Olympic Park 3 is 7% below the median.
Questions owners ask
What is the service charge at Olympic Park 3?
Olympic Park 3 has a RERA-approved service charge of AED 14.26 per square foot per year for 2026 (Residential units). On a 900 sqft apartment that is AED 12,834 a year, or about AED 1,070 a month.
What does that service charge pay for?
The approved budget splits into 8 categories, the largest being Services at AED 2.81, Utilities Services at AED 2.79, Unit A/C (Charges) at AED 2.68 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 Olympic Park 3 gone up?
The approved rate was AED 13.62 per sqft in 2020 and is AED 14.26 for 2026 — up 6.8% 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