Dubai Silicon Oasis: 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 8
Per sqft annually
DEWA (Water + Elec.)
AED 300
Monthly average
Cooling (if applicable)
AED 240
Monthly average
Tech hub community with corporate appeal. Lower prices than central locations. Strong rental demand from IT professionals.
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 60,000
DEWA + Cooling (5 years)AED 32,400
Insurance (5 years)AED 15,000
TOTAL 5-YEAR COSTAED 2,325,220
Includes down payment, DLD, mortgage interest, service charges, utilities and insurance
Annual Cost Breakdown
| Cost Category | Monthly | Annual | % of Total |
|---|---|---|---|
| Mortgage Payment | AED 19,739 | AED 236,864 | 50.9% |
| Service Charges | AED 1,000 | AED 12,000 | 2.6% |
| DEWA + Cooling | AED 540 | AED 6,480 | 1.4% |
| Insurance | AED 250 | AED 3,000 | 0.6% |
| Monthly Total (excluding one-time costs) | AED 21,529 | ||
Want a Custom Cost Analysis?
Our team can model custom scenarios with different LTV, rate and property size assumptions to match your exact needs.