Al Furjan: 5-Year Cost of Ownership

Complete cost breakdown for a typical 2-bedroom apartment with 80% LTV mortgage at 4.5% fixed rate.

Community Overview

Avg Price/Sqft
AED 2600
Market rate
Service Charge
AED 6
Per sqft annually
DEWA (Water + Elec.)
AED 210
Monthly average
Cooling (if applicable)
AED 140
Monthly average

Emerging villa community south of Dubai. Affordable pricing with strong future appreciation potential.

5-Year Cost Breakdown (2BR Apartment, 1,500 sqft)

Property Purchase PriceAED 3,900,000
Down Payment (20%)AED 780,000
Loan Amount (80% LTV)AED 3,120,000
DLD Fees (~4%)AED 156,000
5-Year Mortgage PaymentsAED 1,184,320
Service Charges (5 years)AED 45,000
DEWA + Cooling (5 years)AED 21,000
Insurance (5 years)AED 13,500
TOTAL 5-YEAR COSTAED 2,297,320
Includes down payment, DLD, mortgage interest, service charges, utilities and insurance

Annual Cost Breakdown

Cost CategoryMonthlyAnnual% of Total
Mortgage PaymentAED 19,739AED 236,86451.6%
Service ChargesAED 750AED 9,0002.0%
DEWA + CoolingAED 350AED 4,2000.9%
InsuranceAED 225AED 2,7000.6%
Monthly Total (excluding one-time costs)AED 21,064

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