Time 1 service charge
The 2026 service charge at Time 1 is AED 15.5 per sqft per year for residential units, up 8.4% since 2024. That is AED 13,950 a year on a 900 sqft apartment — about AED 1,163 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 6,975 | AED 1,744 | AED 581 |
| 1 bed ~750 sqft | AED 11,625 | AED 2,906 | AED 969 |
| 2 bed ~1,100 sqft | AED 17,050 | AED 4,263 | AED 1,421 |
| 3 bed ~1,700 sqft | AED 26,350 | AED 6,588 | AED 2,196 |
Multiply AED 15.5 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 5.52 | |
| Maintenance | AED 3.86 | |
| Services | AED 2.99 | |
| Management Services | AED 1.15 | |
| Reserved Fund | AED 0.79 | |
| Master Community | AED 0.73 | |
| Improvement | AED 0.33 | |
| Insurance | AED 0.13 | |
| Total | AED 15.5 |
Service charge history
Every approved budget on record for Time 1. 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.
Questions owners ask
What is the service charge at Time 1?
Time 1 has a RERA-approved service charge of AED 15.5 per square foot per year for 2026 (Residential units). On a 900 sqft apartment that is AED 13,950 a year, or about AED 1,163 a month.
What does that service charge pay for?
The approved budget splits into 8 categories, the largest being Utilities Services at AED 5.52, Maintenance at AED 3.86, Services at AED 2.99 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 Time 1 gone up?
The approved rate was AED 14.3 per sqft in 2024 and is AED 15.5 for 2026 — up 8.4% 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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