Plaza Residence 1 service charge
The 2026 service charge at Plaza Residence 1 is AED 14.69 per sqft per year for residential units, up 11.2% since 2023. That is AED 13,221 a year on a 900 sqft apartment — about AED 1,102 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 6,611 | AED 1,653 | AED 551 |
| 1 bed ~750 sqft | AED 11,018 | AED 2,754 | AED 918 |
| 2 bed ~1,100 sqft | AED 16,159 | AED 4,040 | AED 1,347 |
| 3 bed ~1,700 sqft | AED 24,973 | AED 6,243 | AED 2,081 |
Multiply AED 14.69 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.
| Shared Services | AED 7.98 | |
| Services | AED 2.66 | |
| Utilities Services | AED 1.68 | |
| Maintenance | AED 1.54 | |
| Management Services | AED 0.54 | |
| Improvement | AED 0.29 | |
| Total | AED 14.69 |
Service charge history
Every approved budget on record for Plaza Residence 1. 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 14.69 |
| Retail | AED 12.17 |
| Parking | AED 6.39 |
How it compares in Jumeirah Village Circle
The median across 189 buildings in Jumeirah Village Circle is AED 16.74 per sqft, ranging from AED 0.55 to AED 61.16. Plaza Residence 1 is 12% below the median.
Questions owners ask
What is the service charge at Plaza Residence 1?
Plaza Residence 1 has a RERA-approved service charge of AED 14.69 per square foot per year for 2026 (Residential units). On a 900 sqft apartment that is AED 13,221 a year, or about AED 1,102 a month.
What does that service charge pay for?
The approved budget splits into 6 categories, the largest being Shared Services at AED 7.98, Services at AED 2.66, Utilities Services at AED 1.68 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 Plaza Residence 1 gone up?
The approved rate was AED 17.18 per sqft in 2019 and is AED 14.69 for 2026 — up 11.2% 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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