In accordance with the legal requirements relating to management of Jointly Owned Properties in Dubai, we help establish Boards of the Owners Association, manage the Owners Association through regular board meetings and Annual General Assemblies and also facilitate regular reporting to the Board.
We prepare annual operating budgets, issue service charge invoices, collect service charges and optimise the utilisation of funds to efficiently operate the building. Our expertise in Reserve Fund Management ensures adequate allowance for future capital replacement expenditure. We also provide complete accounting services and adequate insurance for the property.
Our dedicated Facilities Management Department executes technical service contracts to help reduce operating costs and improve efficiency of technical services within the development.
We promote active engagement with owners and residents within each development to help build a sense of community.
Nakheel is one of the world’s leading developers and a major contributor to realising the vision of Dubai for the 21st century: to create a world class destination for living, business and tourism. From the award-winning Palm Jumeirah, Nakheel continues to deliver and enhance an iconic portfolio of innovative landmark projects in Dubai across the residential, retail, hospitality and leisure sectors. Nakheel currently provides homes to over 270,000 people with more than 21,000 residential units in the pipeline; has a retail project portfolio of over 17 million square feet of leasable space; and a hospitality portfolio of 14 hotels and serviced apartments.