Tiara Residences
Palm Jumeirah
Service Charge
AED 30
/sqft/year
Property Type
Apartment
Completed
2008
Tier
Prime
Developer
Nakheel
Total Units
143
Chiller Type
Empower
Last Review
2026
Typical Annual Service Charges
Studio
AED 120,000
1-Bed
AED 180,000
2-Bed
AED 240,000
3-Bed
AED 360,000
Based on 30 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)
Increasing Trend
Service charges have risen in recent years. Expect continued increases of 3–7% annually unless the building undergoes significant operational improvements.
Sinking Fund
AED 4/sqft/year allocated for major capital repairs and refurbishments (e.g., facade restoration, chiller replacement, lobby renovation).
Amenities
Beach accessPoolGymConciergeValet parkingKids clubMarina berth
How was this data compiled? See our methodology