Peninsula Five service charge
The 2026 service charge at Peninsula Five is AED 17.87 per sqft per year for residential units, up 2.8% since 2025. That is AED 16,083 a year on a 900 sqft apartment — about AED 1,340 a month.
Source: Dubai Land Department owners association register (2026 approved budget), read 26 September 2026.
What it costs by unit size
Multiply AED 17.87 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 4.89 | |
| Utilities Services | AED 4.88 | |
| Maintenance | AED 4.39 | |
| Management Services | AED 0.85 | |
| Reserved Fund | AED 0.81 | |
| Shared Services | AED 0.69 | |
| Master Community | AED 0.59 | |
| Insurance | AED 0.51 | |
| Improvement | AED 0.24 | |
| Income | AED 0.02 | |
| Total | AED 17.87 |
Service charge history
Every approved budget on record for Peninsula Five. 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.
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. Peninsula Five is 10% below the median.
Questions owners ask
What is the service charge at Peninsula Five?
Peninsula Five has a RERA-approved service charge of AED 17.87 per square foot per year for 2026 (Residential units). On a 900 sqft apartment that is AED 16,083 a year, or about AED 1,340 a month.
What does that service charge pay for?
The approved budget splits into 10 categories, the largest being Services at AED 4.89, Utilities Services at AED 4.88, Maintenance at AED 4.39 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 Peninsula Five gone up?
The approved rate was AED 17.39 per sqft in 2025 and is AED 17.87 for 2026 — up 2.8% 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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