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
| Unit | Per year | Per quarter | Per month |
|---|---|---|---|
| Studio ~450 sqft | AED 4,973 | AED 1,243 | AED 414 |
| 1 bed ~750 sqft | AED 8,288 | AED 2,072 | AED 691 |
| 2 bed ~1,100 sqft | AED 12,155 | AED 3,039 | AED 1,013 |
| 3 bed ~1,700 sqft | AED 18,785 | AED 4,696 | AED 1,565 |
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 | |
| Total | AED 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.
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.
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.
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