Costs · Mohammed Bin Rashid City

Service Charges in Mohammed Bin Rashid City

Typical service-charge rates in Mohammed Bin Rashid City, what they cover, and how they eat into your net yield.

Price per sqft

AED 2,200 per sqft

1-bed rent

AED 110,000/yr

Gross yield

6–7%

Short-let occupancy

71%

What owners pay in Mohammed Bin Rashid City

Service charges in Mohammed Bin Rashid City 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 Crystal Lagoon with large podium amenities sit at the top of the range.

Mohammed Bin Rashid City at a glance

Mohammed Bin Rashid City is lagoon living beside Downtown with strong handover-to-resale appreciation. Buying sits at AED 2,200 per sqft — roughly AED 1,716,000 for a standard one-bedroom — while long-term tenants pay about AED 110,000 a year. Hosted as a licensed holiday home, the same unit averages AED 633 a night at 71% occupancy, around AED 164,042 gross. Owners on our managed programme average AED 226,378 — a 38% uplift.

Frequently asked questions

Are service charges negotiable in Mohammed Bin Rashid City?

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.