This property is a 12,993 Sqft apartment with 5 bedrooms and 7 bathrooms that is available for sale. It is part of the Palazzo Versace project in Culture Village, Dubai. You can buy this apartment for a base price of AED16,700,000 (AED1,285/Sqft).
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.