Six Senses The Palm

Service charge intelligence for 2024 year-over-year variance, cost breakdown, and community benchmarking in Palm Jumeirah

Service Charge
AED 65/sqft
Annual rate
YoY Change
0.0%
vs. previous year
Vs. Community Avg
+44.4%
Community avg: AED 45/sqft
Monthly/sqft
AED 5.4
Per square foot

3-Year Trend Analysis

2024

CURRENT YEAR
Charge/sqft
AED 65
Variance from Base
0.0%

2025

Charge/sqft
AED 66
Variance from Base
+1.5%
YoY Change
1.5%

2026

Charge/sqft
AED 66
Variance from Base
+1.5%
YoY Change
0.0%
AED/sqft/year2024 → 2025 → 2026
AED 65
2024
AED 66
2025
AED 66
2026

Estimated Cost Breakdown

Maintenance
18% of total
AED 12/sqft
Security
15% of total
AED 10/sqft
Facilities & Amenities
28% of total
AED 18/sqft
Utilities
32% of total
AED 21/sqft
Other charges: AED 4/sqft

Cost allocation is estimated based on typical luxury building operational requirements. Actual breakdown may vary refer to your building's detailed charge statement for precise component allocation.

Budget Impact Analysis

Studio
~500 sqft
AED 32500
per year
1-Bedroom
~750 sqft
AED 48750
per year
2-Bedroom
~1,200 sqft
AED 78000
per year
3-Bedroom
~1,800 sqft
AED 117000
per year

Community Benchmarking

Highest in Community
AED 68
+AED 3
Community Average
AED 45
+44.4% vs. building
Lowest in Community
AED 30
-AED 35

Six Senses The Palm is positioned above the community average at AED 65/sqft. This reflects its tier status, amenities profile, and operational requirements within Palm Jumeirah.

Competitive Positioning

Ultra-Prime
One Palm Omniyat
Signature luxury benchmarks
Prime
Shoreline Apartments
Mid-market comparable
Value
Value-Positioned Tower
Entry-market reference

Frequently Asked Questions

What's included in service charges?
Service charges typically cover maintenance, security, facilities management, utilities and amenities. For Six Senses The Palm, chiller charges are Included.
Why do service charges vary year-over-year?
Year-over-year adjustments reflect operational cost inflation, maintenance requirements, amenity enhancements and market indexation. Luxury properties maintain elevated charges to support curated facilities and premium service standards.
How does this building compare to others in the community?
Six Senses The Palm is positioned above the Palm Jumeirah average at AED 65/sqft. This reflects its tier status (Ultra-Prime), amenities and operational scale.
Are service charges guaranteed to increase each year?
No. While moderate indexation is typical in Dubai's luxury segment, increases depend on building-specific factors, operational efficiency and market conditions. Some years show flat or reduced charges due to cost management.
Can service charges be appealed or negotiated?
Service charges are set by building management and approved by the Real Estate Regulatory Authority (RERA). Residents can review the detailed breakdown and raise concerns through official channels or property managers.
How do chiller charges affect total cost?
Six Senses The Palm treats chiller charges as Included. Confirm with management for the exact impact on your service charge invoice.

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