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Palace Towers - Palace Towers Internal service charge

The 2025 service charge at Palace Towers - Palace Towers Internal is AED 17.47 per sqft per year for retail units, down 7.3% since 2022. That is AED 15,723 a year on a 900 sqft apartment — about AED 1,310 a month.

Source: Dubai Land Department owners association register (2025 approved budget), read 26 September 2026.

What it costs by unit size

UnitPer yearPer quarterPer month
Studio ~450 sqft AED 7,862 AED 1,965 AED 655
1 bed ~750 sqft AED 13,103 AED 3,276 AED 1,092
2 bed ~1,100 sqft AED 19,217 AED 4,804 AED 1,601
3 bed ~1,700 sqft AED 29,699 AED 7,425 AED 2,475

Multiply AED 17.47 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 2025 approved budget, per sqft.

Utilities Services AED 5.99
Services AED 5.79
Maintenance AED 2.2
Master Community AED 1.2
Management Services AED 0.78
Reserved Fund AED 0.76
Income AED 0.5
Insurance AED 0.25
TotalAED 17.47

Service charge history

Every approved budget on record for Palace Towers - Palace Towers Internal. 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 21.23 2020
AED 17.94 2021
AED 18.85 2022
AED 20.35 2023
AED 22.06 2024
AED 17.47 2025

How it compares in Silicon Oasis

The median across 86 buildings in Silicon Oasis is AED 13.52 per sqft, ranging from AED 0.69 to AED 20.29. Palace Towers - Palace Towers Internal is 29% above the median.

See all 86 buildings in Silicon Oasis →

Questions owners ask

What is the service charge at Palace Towers - Palace Towers Internal?

Palace Towers - Palace Towers Internal has a RERA-approved service charge of AED 17.47 per square foot per year for 2025 (Retail units). On a 900 sqft apartment that is AED 15,723 a year, or about AED 1,310 a month.

What does that service charge pay for?

The approved budget splits into 8 categories, the largest being Utilities Services at AED 5.99, Services at AED 5.79, Maintenance at AED 2.2 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 Towers - Palace Towers Internal gone up?

The approved rate was AED 21.23 per sqft in 2020 and is AED 17.47 for 2025 — down 7.3% since 2022. 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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