Silicon Boulevard - Park Terrace service charge
The 2026 service charge at Silicon Boulevard - Park Terrace is AED 0.9 per sqft per year for mixed units, down 51.6% since 2024. That is AED 810 a year on a 900 sqft apartment — about AED 68 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 405 | AED 101 | AED 34 |
| 1 bed ~750 sqft | AED 675 | AED 169 | AED 56 |
| 2 bed ~1,100 sqft | AED 990 | AED 248 | AED 83 |
| 3 bed ~1,700 sqft | AED 1,530 | AED 383 | AED 128 |
Multiply AED 0.9 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.
| Reserved Fund | AED 0.37 | |
| Services | AED 0.21 | |
| Maintenance | AED 0.15 | |
| Management Services | AED 0.09 | |
| Insurance | AED 0.06 | |
| Utilities Services | AED 0.02 | |
| Total | AED 0.9 |
Service charge history
Every approved budget on record for Silicon Boulevard - Park Terrace. 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 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. Silicon Boulevard - Park Terrace is 93% below the median.
Questions owners ask
What is the service charge at Silicon Boulevard - Park Terrace?
Silicon Boulevard - Park Terrace has a RERA-approved service charge of AED 0.9 per square foot per year for 2026 (Mixed units). On a 900 sqft apartment that is AED 810 a year, or about AED 68 a month.
What does that service charge pay for?
The approved budget splits into 6 categories, the largest being Reserved Fund at AED 0.37, Services at AED 0.21, Maintenance at AED 0.15 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 Silicon Boulevard - Park Terrace gone up?
The approved rate was AED 1.86 per sqft in 2024 and is AED 0.9 for 2026 — down 51.6% since 2024. 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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