Arabian Ranches: 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 3200
Market rate
Service Charge
AED 8
Per sqft annually
DEWA (Water + Elec.)
AED 250
Monthly average
Cooling (if applicable)
AED 180
Monthly average

Master-planned villa community. Lower DEWA due to villa design. Family-focused; excellent for long-term investment.

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

Property Purchase PriceAED 4,800,000
Down Payment (20%)AED 960,000
Loan Amount (80% LTV)AED 3,840,000
DLD Fees (~4%)AED 192,000
5-Year Mortgage PaymentsAED 1,457,624
Service Charges (5 years)AED 60,000
DEWA + Cooling (5 years)AED 25,800
Insurance (5 years)AED 21,000
TOTAL 5-YEAR COSTAED 2,836,424
Includes down payment, DLD, mortgage interest, service charges, utilities and insurance

Annual Cost Breakdown

Cost CategoryMonthlyAnnual% of Total
Mortgage PaymentAED 24,294AED 291,52551.4%
Service ChargesAED 1,000AED 12,0002.1%
DEWA + CoolingAED 430AED 5,1600.9%
InsuranceAED 350AED 4,2000.7%
Monthly Total (excluding one-time costs)AED 26,074

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