This is a first...a written response from nakheel re the high service charges. This is in response to the template I used that someone had put on the ch4 forum page.......
Further to you e-mai below, please be informed that the service charges have been calculated as a cost per square foot of saleable/lettable
area for the urban community infrastructure. Design reports, drawings, technical specifications, operational requirements, service levels, commercial contracts and tender documents have been used to prepare the
service charges model.
The service charges for International City include:
Contribution to the master community service charge;
Repair and maintenance expenses;
Cost of labour, material equipment, third party hire and supplies;
Statutory rates, taxes and charges;
Expenses and charges for utilities and services;
Insurance premiums;
Landscaping expenses;
Administrative and professional expenses;
Management costs, and provision for future maintenance and repairs.
Please note:
The service charge that owners are being charged is for one calendar
year. The first financial period will be for a 12 month period. The remaining portion of the service charge, for the end of the first
financial period (31st December 2007) will be collected at a later stage.
The service charge does not cover the maintenance of the internal area of a unit. This service charge has been collected to meet the costs of maintaining COMMON PROPERTY only.
Any budget surplus or deficit at the end of the financial year will be carried over to the next accounting period. The owners association
members can then take the financial position into account when setting the next budget. They will have the option of increasing / reducing the next year service charges to absorb any surplus / deficit from the
previous financial year. There are no refunds given.
Should you need further assistance, please feel free to contact us.
Sara Mohammed
Customer Relationship Coordinator
Nakheel Customer Services Centre
Nakheel PJSC
P O Box 17777
Dubai - United Arab Emirates
Tel: +971 4 390 3333
Direct: +971 4 365 8705
Fax: +971 4 390 3314
Email:
[email protected] Web:
Nakheel, Where the Vision of Dubai Gets Built