JVC Park Heights
Jumeirah Village Circle
Service Charge
AED 10
/sqft/year
Property Type
Apartment
Completed
2020
Tier
Mid
Developer
Damac Properties
Total Units
920
Chiller Type
DEWA
Last Review
2026
Typical Annual Service Charges
Studio
AED 40,000
1-Bed
AED 60,000
2-Bed
AED 80,000
3-Bed
AED 120,000
Based on 10 AED/sqft/year and typical unit sizes (studio 500–700 sqft, 1-bed 800–1,000 sqft, 2-bed 1,200–1,500 sqft, 3-bed 1,800–2,200 sqft)
Stable Trend
Service charges have stabilized. Modest increases of 2–4% annually are normal to offset inflation and maintenance costs.
Sinking Fund
AED 1/sqft/year allocated for major capital repairs and refurbishments (e.g., facade restoration, chiller replacement, lobby renovation).
Amenities
PoolGymParksRetailCommunity centerKids club
Additional Notes
Value-focused development; popular with young professionals
How was this data compiled? See our methodology