Palace Beach Residence service charge
The 2026 service charge at Palace Beach Residence is AED 24.46 per sqft per year for residential units, up 6.4% since 2025. That is AED 22,014 a year on a 900 sqft apartment — about AED 1,835 a month.
Source: Dubai Land Department owners association register (2026 approved budget), read 26 September 2026.
What it costs by unit size
Multiply AED 24.46 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 5.59 | |
| Services | AED 5.22 | |
| Maintenance | AED 4.52 | |
| Hotel Services | AED 3.73 | |
| Master Community | AED 2.39 | |
| Reserved Fund | AED 1.46 | |
| Management Services | AED 1.21 | |
| Insurance | AED 0.34 | |
| Total | AED 24.46 |
Service charge history
Every approved budget on record for Palace Beach Residence. 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 |
|---|---|
| Retail | AED 10.64 |
| Residential (shown above) | AED 24.46 |
| Parking | AED 9.66 |
How it compares in Dubai Harbour
The median across 13 buildings in Dubai Harbour is AED 1.6 per sqft, ranging from AED 1.01 to AED 24.46. Palace Beach Residence is 1429% above the median.
Questions owners ask
What is the service charge at Palace Beach Residence?
Palace Beach Residence has a RERA-approved service charge of AED 24.46 per square foot per year for 2026 (Residential units). On a 900 sqft apartment that is AED 22,014 a year, or about AED 1,835 a month.
What does that service charge pay for?
The approved budget splits into 8 categories, the largest being Utilities Services at AED 5.59, Services at AED 5.22, Maintenance at AED 4.52 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 Palace Beach Residence gone up?
The approved rate was AED 22.98 per sqft in 2025 and is AED 24.46 for 2026 — up 6.4% since 2025. 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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