|27 January, 2019

Deyaar unit inks Belhasa property management deal

Deyaar Property Management will deliver a wide range of property management services

A passenger train passes in front of high rise buildings on December 2, 2009 in Dubai, United Arab Emirates. Photo used for illustrative purpose only.

A passenger train passes in front of high rise buildings on December 2, 2009 in Dubai, United Arab Emirates. Photo used for illustrative purpose only.

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Deyaar Development, one of Dubai’s leading property developers, said its property management arm has entered into a partnership deal with UAE-based Belhasa International Company to manage its mixed-use buildings across Abu Dhabi, Dubai, and Sharjah.

Through the partnership, Deyaar Property Management (DPM) will deliver a wide range of property management services including leasing and legal advisory services besides landlord relations, property inspections and building services, as well as property management consulting services, said a statement from the Dubai developer.

DPM offers a single point of contact for all requests, helping to ensure a high return of income, smooth communication, timely responses, and reduced overall costs, it stated.

On the new deal, DPM Vice President Ahmed Al Suwaidi said: "Property management aims to enhance customers’ overall experience in a property and increase its value, because satisfied tenants drive an increase in occupancy rates."

"DPM helps to improve a building’s life cycle by providing a full suite of services from inspections and appraisals through to building management and more. We’re thrilled to add Belhasa International Company’s units to our expanding portfolio and look forward to a long and successful partnership with them," he stated.

Saeed Ahmed Saif Belhasa, the managing director of Belhasa International Company, said: "Providing the best value and experience to our tenants is a priority."

"By partnering with Deyaar for its Property Management Services, we have found a reputable and reliable partner to ensure that our properties are attractive to investors, with the added reassurance of working with a professional company for any management related requirements," he added.

Deyaar Property Management is ISO 9001/2015 certified and manages a portfolio of over 24,000 units in more than 1,500 buildings across the UAE, ensuring an occupancy rate of more than 97 per cent.-TradeArabia News Service

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