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Contact

USA/Canada

UAE

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Request a Call

© 2024 Totality Real Estate LLC. All rights reserved.

Contact

USA/Canada

UAE

UK

Request a Call

© 2024 Totality Real Estate LLC.

All rights reserved.

What are the maintenance and parking fees associated with property in Dubai?

When owning a property in Dubai, it's essential to account for both maintenance and parking fees, as these contribute to the overall cost of property ownership.

Maintenance Fees: These are typically calculated on a per-square-foot basis and can range from AED 3 to AED 30 per square foot annually, depending on the property type and location. Luxury areas like Downtown Dubai or Palm Jumeirah usually have higher maintenance fees, while more affordable areas like Jumeirah Village Circle (JVC) might have lower fees. Maintenance fees cover the upkeep of common areas, building facilities, and essential services such as cleaning, security, and landscaping.

Parking Fees: For many residential properties, one or more parking spaces are included in the property purchase. However, additional parking spaces may incur extra fees, either as a one-time purchase cost or as an annual fee. In some high-demand areas, parking spaces are limited and may come at a premium.

Additional Costs: For properties with specific amenities like swimming pools, gardens, or advanced security systems, owners should expect to pay additional for their maintenance, ranging from AED 3,000 to AED 8,000 annually for gardens and AED 4,000 to AED 6,000 annually for pool upkeep.

Understanding these fees is crucial for proper budgeting and ensuring that you maintain your property to a high standard.

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