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Forum - The Reality of Maintenance Costs in Older Dubai Buildings
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lenalee (Gast) |
Older properties (15+ years) in Dubai often come with higher maintenance considerations. While purchase prices may be 20-30% lower than newer developments, service charges frequently exceed 25 AED/sqft due to aging infrastructure. Many older buildings face special assessments for elevator replacements or facade repairs, sometimes costing owners 10,000-50,000 AED extra. Plumbing and electrical systems in vintage properties may not meet current standards, requiring upgrades. Before purchasing, review the building's maintenance history and reserve fund status. Detailed maintenance cost comparisons between new and old properties are available at [url= https://emirates.estate]Emirates.Estate[/url]. |
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