Deyaar Development rebrands owners association management unit
Move aligns with new law concerning jointly owned property in Dubai
Deyaar Development has rebranded its owners association management unit as Deyaar Community Management (Deyaar CM).
Following Deyaar Owners Association Management’s (DOAM) 11-year history of serving home owners across Dubai, Deyaar rebranded the division in accordance with a law concerning jointly owned property in Dubai, said a statement. The law is said to implement a fundamental shift in the real estate industry by transitioning from owners’ associations and transferring responsibility for jointly-owned properties to management entities, such as Deyaar CM, under the regulatory supervision of RERA.
“While we may have changed the name, Deyaar CM will strive to improve the services even more than before, to our clients, to the standards that they have come to expect from DOAM over the last decade. We draw on more than 11 years of experience in serving home owners to continually innovate and introduce new solutions that will add value to the properties we serve throughout Dubai,” said Deyaar CEO Saeed Al Qatami.
He added that Deyaar Community Management will continue to deliver the scope of services as regulated, including overseeing all technical, environmental, security, financial, administrative and customer service tasks.
