Olympic Park 4 service charge
The 2026 service charge at Olympic Park 4 is AED 7.6 per sqft per year for parking units, up 28.6% since 2023. That is AED 6,840 a year on a 900 sqft apartment — about AED 570 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 3,420 | AED 855 | AED 285 |
| 1 bed ~750 sqft | AED 5,700 | AED 1,425 | AED 475 |
| 2 bed ~1,100 sqft | AED 8,360 | AED 2,090 | AED 697 |
| 3 bed ~1,700 sqft | AED 12,920 | AED 3,230 | AED 1,077 |
Multiply AED 7.6 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.
| Master Community | AED 1.77 | |
| Reserved Fund | AED 1.65 | |
| Utilities Services | AED 1.18 | |
| Services | AED 1.09 | |
| Management Services | AED 0.74 | |
| Maintenance | AED 0.6 | |
| Income | AED 0.29 | |
| Insurance | AED 0.28 | |
| Total | AED 7.6 |
Service charge history
Every approved budget on record for Olympic Park 4. 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 |
|---|---|
| Parking (shown above) | AED 7.6 |
| Stores | AED 6.94 |
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 4 is 51% below the median.
Questions owners ask
What is the service charge at Olympic Park 4?
Olympic Park 4 has a RERA-approved service charge of AED 7.6 per square foot per year for 2026 (Parking units). On a 900 sqft apartment that is AED 6,840 a year, or about AED 570 a month.
What does that service charge pay for?
The approved budget splits into 8 categories, the largest being Master Community at AED 1.77, Reserved Fund at AED 1.65, Utilities Services at AED 1.18 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 4 gone up?
The approved rate was AED 5.91 per sqft in 2023 and is AED 7.6 for 2026 — up 28.6% since 2023. Owners' associations must submit a budget to RERA each year, so increases follow an approved cost rather than a landlord decision.
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