Building Consultancy

RERA Compliance Services

Service Charge Allocation Study

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Service Charge Allocation Study Experts in Dubai 

A service charge allocation study sets out how shared property costs are allocated across units or components. For jointly owned property in Dubai, unit owners contribute to approved service charges under the applicable DLD/RERA framework. The study considers the governing property documents, approved budget and allocation basis.

Land Sterling is one of the best service charge allocation study services company in Dubai. Our experts assess the cost allocation and supporting information for the property, taking account of the applicable approval process. 

What is a Service Charge in Property Management?

A service charge, as the name suggests, is the amount of money that you pay for using the common building services, as well as for their maintenance needs. 

Service charges are generally paid on a monthly basis. But the time period can vary depending on the lease agreement. The building owner has to disclose all the details regarding the service charge amount, the way it’s calculated, and where the amount will be used in the lease agreement.

Khalid

Khalid Qundos,MRICS

Director of Building Consultancy

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Property Management Services Covered By the Service Charge

Following are some of the most common services that service charges cover:

  • Landscape maintenance
  • HVAC maintenance
  • Window cleaning
  • Lift maintenance
  • Fire equipment upkeep
  • Building repairs
  • Building insurance
  • Building audit fees and more.

Independent Service Charge Allocation Studies By Professionals

A service charge allocation study prepares you for future building management and maintenance tasks. The service charge allocation requires a detailed inspection of the commonly used services provided by a facility. 

Our RICS-certified independent service charge allocation study expert will handle the calculation phase for you. We will take care of service charge allocation for you, and you can get the allocation approved after undergoing a reserve fund study as per RERA regulations. 

Book a call with us to get a free quote for Service Charge Allocation Study for your property.

Frequently Asked Questions

Review the property’s approved service-charge budget and governing documents to understand the costs and allocation. A lease may separately address reimbursement between the owner and tenant.

There is no specific timeframe for the payment of a service charge. It depends on the lease agreement. Some lease agreements charge on a yearly basis whereas some get service charges more frequently.

For jointly owned property in Dubai, the owner is responsible for the applicable service-charge obligation. Any agreed tenant reimbursement is a separate lease matter.

Service charges are paid as per the timeline set on the lease agreement. Most commonly, service charges are paid on yearly basis. Some lease agreements are more flexible and allow for payments after every 3 or 6 months.