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Sky Bay Hotel - Hotel Apartments service charge

The 2025 service charge at Sky Bay Hotel - Hotel Apartments is AED 22.21 per sqft per year for hospitality units, up 19.2% since 2022. That is AED 19,989 a year on a 900 sqft apartment — about AED 1,666 a month.

Source: Dubai Land Department owners association register (2025 approved budget), read 26 September 2026.

What it costs by unit size

UnitPer yearPer quarterPer month
Studio ~450 sqft AED 9,995 AED 2,499 AED 833
1 bed ~750 sqft AED 16,658 AED 4,164 AED 1,388
2 bed ~1,100 sqft AED 24,431 AED 6,108 AED 2,036
3 bed ~1,700 sqft AED 37,757 AED 9,439 AED 3,146

Multiply AED 22.21 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 2025 approved budget, per sqft.

Utilities Services AED 7.73
Services AED 4.59
Reserved Fund AED 4.22
Maintenance AED 3.75
Insurance AED 0.68
Management Services AED 0.67
Master Community AED 0.57
TotalAED 22.21

Service charge history

Every approved budget on record for Sky Bay Hotel - Hotel Apartments. 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 18.64 2022
AED 19.65 2023
AED 20.98 2024
AED 22.21 2025

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. Sky Bay Hotel - Hotel Apartments is 11% above the median.

See all 213 buildings in Business Bay →

Questions owners ask

What is the service charge at Sky Bay Hotel - Hotel Apartments?

Sky Bay Hotel - Hotel Apartments has a RERA-approved service charge of AED 22.21 per square foot per year for 2025 (Hospitality units). On a 900 sqft apartment that is AED 19,989 a year, or about AED 1,666 a month.

What does that service charge pay for?

The approved budget splits into 7 categories, the largest being Utilities Services at AED 7.73, Services at AED 4.59, Reserved Fund at AED 4.22 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 Sky Bay Hotel - Hotel Apartments gone up?

The approved rate was AED 18.64 per sqft in 2022 and is AED 22.21 for 2025 — up 19.2% since 2022. 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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