Sky Bay Hotel - VIP Lounge service charge
The 2025 service charge at Sky Bay Hotel - VIP Lounge is AED 22.55 per sqft per year for hospitality units, down 57.4% since 2022. That is AED 20,295 a year on a 900 sqft apartment — about AED 1,691 a month.
Source: Dubai Land Department owners association register (2025 approved budget), read 26 September 2026.
What it costs by unit size
| Unit | Per year | Per quarter | Per month |
|---|---|---|---|
| Studio ~450 sqft | AED 10,148 | AED 2,537 | AED 846 |
| 1 bed ~750 sqft | AED 16,913 | AED 4,228 | AED 1,409 |
| 2 bed ~1,100 sqft | AED 24,805 | AED 6,201 | AED 2,067 |
| 3 bed ~1,700 sqft | AED 38,335 | AED 9,584 | AED 3,195 |
Multiply AED 22.55 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.
| Maintenance | AED 7.04 | |
| Management Services | AED 6.9 | |
| Reserved Fund | AED 6.64 | |
| Insurance | AED 1.07 | |
| Master Community | AED 0.9 | |
| Total | AED 22.55 |
Service charge history
Every approved budget on record for Sky Bay Hotel - VIP Lounge. 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 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 - VIP Lounge is 13% above the median.
Questions owners ask
What is the service charge at Sky Bay Hotel - VIP Lounge?
Sky Bay Hotel - VIP Lounge has a RERA-approved service charge of AED 22.55 per square foot per year for 2025 (Hospitality units). On a 900 sqft apartment that is AED 20,295 a year, or about AED 1,691 a month.
What does that service charge pay for?
The approved budget splits into 5 categories, the largest being Maintenance at AED 7.04, Management Services at AED 6.9, Reserved Fund at AED 6.64 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 - VIP Lounge gone up?
The approved rate was AED 52.91 per sqft in 2022 and is AED 22.55 for 2025 — down 57.4% 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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