Sharjah · Apartment · 2,500 sq ft BUA
Model recurring annual costs including service charges, utilities, and the 5% municipality / housing fee. Use the sensitivity slider to forecast 5-year escalations.
Sharjah municipality fee is 5% of the annual rental value (Annual Rental Value × 5%).
Owning is cheaper than renting by AED 51,000 per year. At this gap, the property value would pay back in 29.4 years.
| Year | Rate (AED/sqft) | Service charge | Total annual |
|---|---|---|---|
| Year 1 | 9.00 | AED 22,500 | AED 39,000 |
| Year 2 | 9.27 | AED 23,175 | AED 39,675 |
| Year 3 | 9.55 | AED 23,870 | AED 40,370 |
| Year 4 | 9.83 | AED 24,586 | AED 41,086 |
| Year 5 | 10.13 | AED 25,324 | AED 41,824 |
| 5-year cumulative | AED 201,956 | ||
Versus a flat baseline at today's inputs (AED 195,000 over 5 years), this scenario implies AED 6,956 of additional cost.
Estimates only. Service charge rates, utility usage and municipality assessments vary by building and tenancy contract.