Short answer: service charges are a major part of the yearly cost. Check them in Dubai Land Department’s Service Charge Index and use the exact unit area shown on the property record.
What service charges pay for
Service charges support shared building and community operations. The approved budget can include maintenance, cleaning, security, utilities for common areas, management, insurance, and reserve funds. The exact approved items and rate can change by budget year.
How to check the number
- Ask for the latest service-charge statement.
- Check the property or certificate details.
- Use the DLD Service Charge Index for the right year.
- Confirm the area used in the calculation.
- Ask whether any amount is unpaid or under review.
How service charges affect yield
Gross yield ignores yearly running costs. Net yield removes service charges, management, repairs, and a fair vacancy amount from the rent. Use the calculator on the main Burj Khalifa page to see the difference.
| Gross yield | Yearly rent divided by purchase price. |
|---|---|
| Net income | Yearly rent minus service charges and other yearly costs. |
| Net yield | Net income divided by the full purchase cost. |
What to ask before an offer
- Can I see the latest paid statement?
- Is there any unpaid balance?
- Has the current year budget changed?
- Is any major building work planned?
- Which costs are paid by the owner and which by the tenant?
Official source
Checking a unit?
Share its size, rent, and service-charge statement for a clearer comparison.
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