Emirates Hills: 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 5800
Market rate
Service Charge
AED 18
Per sqft annually
DEWA (Water + Elec.)
AED 270
Monthly average
Cooling (if applicable)
AED 180
Monthly average

Ultra-luxury hillside villas with unmatched privacy. Lowest DEWA in Dubai; excellent for end-users and Golden Visa.

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

Property Purchase PriceAED 8,700,000
Down Payment (20%)AED 1,740,000
Loan Amount (80% LTV)AED 6,960,000
DLD Fees (~4%)AED 348,000
5-Year Mortgage PaymentsAED 2,641,944
Service Charges (5 years)AED 135,000
DEWA + Cooling (5 years)AED 27,000
Insurance (5 years)AED 47,500
TOTAL 5-YEAR COSTAED 5,156,944
Includes down payment, DLD, mortgage interest, service charges, utilities and insurance

Annual Cost Breakdown

Cost CategoryMonthlyAnnual% of Total
Mortgage PaymentAED 44,032AED 528,38951.2%
Service ChargesAED 2,250AED 27,0002.6%
DEWA + CoolingAED 450AED 5,4000.5%
InsuranceAED 792AED 9,5000.9%
Monthly Total (excluding one-time costs)AED 47,524

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