Costs · Business Bay

Service Charges in Business Bay

Typical service-charge rates in Business Bay, what they cover, and how they eat into your net yield.

Price per sqft

AED 2,100 per sqft

1-bed rent

AED 95,000/yr

Gross yield

7–8%

Short-let occupancy

78%

What owners pay in Business Bay

Service charges in Business Bay generally run AED 12–22 per sqft a year depending on the tower and its amenities. On a 1,000 sqft unit that is AED 12,000–22,000 annually, paid to the owners' association and set by the RERA service-charge index.

What it covers

Chiller infrastructure, common-area cleaning, security, lifts, pool and gym, insurance and the reserve fund. Buildings near Dubai Water Canal with large podium amenities sit at the top of the range.

Business Bay at a glance

Business Bay is the canal-side business district minutes from Downtown and DIFC. Buying sits at AED 2,100 per sqft — roughly AED 1,638,000 for a standard one-bedroom — while long-term tenants pay about AED 95,000 a year. Hosted as a licensed holiday home, the same unit averages AED 547 a night at 78% occupancy, around AED 155,731 gross. Owners on our managed programme average AED 214,909 — a 38% uplift.

Frequently asked questions

Are service charges negotiable in Business Bay?

No — they are set annually by the owners' association and approved by RERA, but you can compare towers before you buy.

Who pays service charges, landlord or tenant?

The owner pays. Tenants pay DEWA, chiller consumption and internet unless the contract says otherwise.