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Seven Hotel And Apartments The Palm service charge

The 2026 service charge at Seven Hotel And Apartments The Palm is AED 11.05 per sqft per year for stores units, up 2.8% since 2023. That is AED 9,945 a year on a 900 sqft apartment — about AED 829 a month.

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

What it costs by unit size

Studio ~450 sqft
AED 4,973 per year
AED 1,243 per qtr
AED 414 per month
1 bed ~750 sqft
AED 8,288 per year
AED 2,072 per qtr
AED 691 per month
2 bed ~1,100 sqft
AED 12,155 per year
AED 3,039 per qtr
AED 1,013 per month
3 bed ~1,700 sqft
AED 18,785 per year
AED 4,696 per qtr
AED 1,565 per month

Multiply AED 11.05 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 5.32
Maintenance AED 1.75
Services AED 1.74
Reserved Fund AED 1.05
Management Services AED 0.78
Insurance AED 0.4
Improvement AED 0.01
TotalAED 11.05

Service charge history

Every approved budget on record for Seven Hotel And Apartments The Palm. 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 10.75 2023
AED 11 2024
AED 11.64 2025
AED 11.05 2026

How it compares in Palm Jumeirah

The median across 105 buildings in Palm Jumeirah is AED 22.2 per sqft, ranging from AED 0.52 to AED 100.22. Seven Hotel And Apartments The Palm is 50% below the median.

See all 105 buildings in Palm Jumeirah →

Questions owners ask

What is the service charge at Seven Hotel And Apartments The Palm?

Seven Hotel And Apartments The Palm has a RERA-approved service charge of AED 11.05 per square foot per year for 2026 (Stores units). On a 900 sqft apartment that is AED 9,945 a year, or about AED 829 a month.

What does that service charge pay for?

The approved budget splits into 7 categories, the largest being Utilities Services at AED 5.32, Maintenance at AED 1.75, Services at AED 1.74 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 Seven Hotel And Apartments The Palm gone up?

The approved rate was AED 10.75 per sqft in 2023 and is AED 11.05 for 2026 — up 2.8% since 2023. Owners' associations must submit a budget to RERA each year, so increases follow an approved cost rather than a landlord decision.

All Dubai service charges · Service charge calculator · Property fees calculator · What buyers actually paid

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