Dubai, UAE: Deyaar Owners’ Association Management, part of Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, has received the Dubai Quality Appreciation Award for the 2017 cycle under the services sector.

The ceremony was attended by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of Mohammed bin Rashid Al Maktoum Knowledge Foundation.

Deyaar Owners’ Association Management, or DOAM, was established to ensure the well-being of communities by serving them as a valued management partner. The company aims to protect and enhance the value of assets within managed communities, through professional administration, diligent contract supervision, and cost control, amongst other functions.

While initially set up to care for properties within Deyaar’s portfolio, DOAM has expanded beyond to manage projects developed by other developers. Till date, DOAM manages a total of 8,207 units across 23 projects, with a total saleable area of around 7 million square feet – of which 1.2 million square feet belongs to projects that are not within the Deyaar portfolio.

As part of its continued commitment to delivering excellence, DOAM has also recently upgraded its management system to meet the requirements of ISO 9001:2015 and ISO 14001:2015, which demonstrates an increased capacity to addressing organisational risks and opportunities in a structured manner.

Saeed Al Qatami, CEO of Deyaar, said: “This award was accomplished by creating a work environment that focuses on quality, timeliness and compliance. This award is result of dedication of Deyaar Owners’ Association Management, and of Deyaar as a whole, to the core values of quality, environment awareness, health and safety requirements. We are committed to the highest standards of compliance year on year, and we thank the Department of Economic Development for recognising our efforts to exceed in delivering quality to our customers.”

Listed on the Dubai Financial Market and majority-owned by Dubai Islamic Bank (DIB), Deyaar is one of Dubai’s leading developers, with real estate ventures spanning key growth corridors and prime locations within the emirate. Over the years, Deyaar has delivered an extensive portfolio of commercial and residential properties, all offering the highest levels of service and quality.

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About Deyaar

Deyaar Development PJSC is a leading real-estate developer and real-estate services company, headquartered in Dubai. Since its establishment in 2002, the company has registered exponential growth to become an industry leader in the region, with a share capital of AED5.78 billion. Deyaar is well-positioned to play a pivotal role in the development of the region's property landscape. The company’s in-depth market intelligence, world-class services and unrivalled property management support for communities across diverse portfolios have firmly consolidated its pioneering status in the region’s real estate landscape. Combining excellence with a vision to create natural living environments while placing customers at the core of its strategies, Deyaar serves as a one-stop real estate solutions provider. Under this profile, its scope includes the delivery of end-to-end property development and property management services across the UAE. Deyaar provides facility management services for its portfolio of commercial and residential units. The company spearheads an association management team to ensure the wellbeing of Deyaar’s homeowners as a key priority. Deyaar complies with the escrow legislation and relevant property laws in the UAE, and it is registered with the Real Estate Regulatory Authority under reference number 15/07.

© Press Release 2018