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Deyaar announces property management agreement with Belhasa

Deyaar will provide extensive property management services and offer a single point of contact for all requests

Deyaar Property Management LLC (DPM), the property management arm of Deyaar Development PJSC has announced their agreement to partner with Belhasa International Company LLC to manage its mixed-use buildings across Sharjah, Dubai and Abu Dhabi.

DPM said that through this partnership, it will deliver extensive property management services such as leasing, legal advisory, landlord relations, property inspections and building services, as well as property management consulting services. A statement from DPM also said that I will be able to offer a single point-of-contact for all requests, and ensure a high return of income, smooth communication, timely response, and reduced overall costs.

Ahmed Al Suwaidi, vice president of Deyaar Property Management said: “Property management aims to enhance customers’ overall experience in property and increase its value because satisfied tenants drive an increase in occupancy rates.”

Al Suwaidi pointed out that DPM will be able to help in improving a building’s life cycle by providing full set of services from inspections and appraisals to building management and more. He added that DPM is thrilled to add Belhasa International Company’s units to their expanding portfolio and is looking forward to a long and successful partnership between the companies.

Managing director of Belhasa International Company, Saeed Ahmed Saif Belhasa 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.”

DPM also stated that presently it manages a portfolio of over 24,000 units in more than 1500 buildings across the UAE and has an occupancy rate of more than 97 percent.

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