How Much Does Community Service Cost

Community Service Fee

Timely payment of the Community Service Fee helps keep your customs'south services ticking smoothly.

Community Service Fee

The Customs Service Fee (CSF) is the homeowner's annual contribution to the common expenditure of the community. The CSF is based on the estimated almanac expenditure of the community for the operation and maintenance of its common holding and assets.

Your CSF invoice gives y'all a detailed breakdown of how we arrive at the CSF for the twelvemonth. We as well transport out an information pack with further details about each community relating to the previous year, with news of key events and developments.

Note: If you lot are a homeowner and would similar to refer the latest CSF information pack, log in to this website with your credentials to read it.

What are the main components of my CSF?

Full general Fund

It consists of day-to-day operating and administrative expenses used to maintain your customs. Operational expenses include the maintenance, utility costs and management of everything from common area infrastructure and landscaping, to waste collection and signage placement.

Capital Reserve Fund

It was established to pay for costs incurred in the repair and replacement of significant capital items, such equally lift or chiller replacements, flooring, painting and cladding of buildings.

Special Levy

This is a one-off charge for items not in the blueprint or those not covered under the General Fund. For example, if y'all crave an additional facility such equally a play surface area or a swimming pool, the cost for this will be covered by the Special Levy.

Master Community Levy

This charge is paid through the CSF and covers items such equally plants and the maintenance of the Master Community infrastructure including roads, hole-and-corner services, storm drains, sewage lines and pavements.

Value Added Tax (VAT)

Value Added Tax (VAT) has an impact on your Customs Service Fees (CSF) every bit information technology includes several items such as maintenance services, utilities, insurance, etc. This ways that the VAT nerveless as role of your CSF volition then be paid to the Federal Taxation Authority.

How VAT works:

Homeowner – All homeowners are charged 5% VAT payable to ECM
Emaar Community Direction (ECM) – ECM pays v% VAT to relevant suppliers and service providers.
Federal Tax Potency – ECM pays the departure between the VAT collected from customers and VAT paid to suppliers to FTA. Suppliers and service providers too pay a v% VAT to FTA.

Source: Federal Decree Law No. 8 of 2017 & Cabinet Decision No. 52 of 2017

How the Customs Service Fee is calculated

Our budgeting team considers the post-obit aspects when computing the Customs Service Fee (CSF).

Historical expenses

We evaluate actual expense trends from the previous year based on individual cost items. Depending upon the operational plan, nosotros decide whether or non to include them again in the post-obit year'due south upkeep.

Resource allotment on-site

Nosotros periodically review resources on-site to find ways of improving performance by employing new technology and operational methods based on international best practices.

Service provider contracts

Past regularly reviewing service provider contracts, nosotros tin can evaluate cardinal areas of comeback, such as performance and price savings. This helps the states to decide time to come budgets and predict expenses.

Capital letter avails evaluation (maintenance, repair and replacements)

Capital assets that are no longer nether the manufacturer'south warranty are regularly reviewed for major maintenance or replacement. Essential equipment, such as sewage pumping stations and/or like items, back up the overall infrastructure of the community.

Provision for doubtful debts

This amount allows for the setting aside of a minor portion of CFS collections every bit a provision in example certain receivables are required to be written off in the future.

Surplus/arrears adjustment from previous years

Finally, any surpluses or deficits from previous years are brought into consideration during the conclusion of the CSF rate for the current year.

Customs income

In add-on to the CSF, the community has a few other acquirement streams that likewise contribute to its income.

Late Payment Fee

In line with directions from RERA, a Late Payment Fee (LPF) of 1% per month is charged on any corporeality overdue afterwards the CSF Invoice due engagement. The LPF is a deterrent for homeowners who delay or default on their CSF payments and also serves to get-go any interest payments to be made by the community from borrowing due to shortage of funds.

Parking admission cards

The cards used by residents to enter their building or parking areas are provided to homeowners at a small-scale cost, and the income generated is credited to the community'south account.

Marketing and Distribution Let Fee

To ensure that only legitimate businesses gain access to the community, we regulate action with the provision of a permit that allows the distribution of promotional cloth. An administration fee is collected and booked as income to the community.

Violation Punishment

To ensure adherence to the Community Rules and architectural codes, NOVs are issued along with Violation Penalties to those who fail to comply.

Miscellaneous income

This is income generated from other avenues such as interest earned on phone call accounts or bounced check charges.

How can you pay?

Y'all can pay your community service fee through a diverseness of like shooting fish in a barrel payment methods.

Online

Log on to www.reemcommunities.ae from anywhere, any time.
Online banking services (account holders only): Log on to your personal online bank account at RAKBANK, Mashreq Bank, Emirates NBD or Dubai Islamic Bank and follow the payment instructions.

Self–Service Kiosks

Make cheque and credit/debit menu payments using our interactive payment kiosk located at the Customer Happiness Centre in Emaar Foursquare, Building ii.

Straight Bank Transfer

Directly transfer funds from your bank account to the community bank account as detailed on the forepart of your CSF Invoice.

Autopay

Fix autopay instructions for payment of future invoices on their due dates.
Please follow the online payment link on the invoice and log onto www.reemcommunities.ae for setup.

What happens if you don't pay

Your community boasts a strong drove charge per unit, ane of the highest in the emirate. However, there are still a few homeowners who delay in their payment, which ultimately affects the wider community as well as simply being unfair to those who pay promptly. If you go along to default on your payments, we may be forced to accept 1 or all of the following actions:

Suspension of non-emergency services to your property.
levying of a Late Payment Fee – ready at ane% per month of the outstanding corporeality.
Denial of services including non-issuance of NOC for transfer of belongings, visa renewal, access cards etc.
Referral of the case to a professional person debt recovery bureau.
Initiation of legal action.

As stated in the Sales and Buy Understanding, payment of the CSF in full and on time is the obligation of every homeowner. Filibuster / non-payment of the CSF has the potential to deprive your customs of the funds required to continue the supply of essential services such as common area maintenance, air-conditioning, security, waste collection, street lighting and irrigation.

Note: Revenue generated from Late Payment Fees is included in your customs'southward income.