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RERA had recently issued the direction for Article (2) of Law No (27) of 2007 concerning Jointly Owned Properties in the Emirate of Dubai. Accordingly, all developers have to set up Owners Associations within a stipulated timeframe in Dubai.
These associations will be led by a Board comprising homeowners elected by members of the community, and are to be managed by licenced Association Managers. The managers are appointed by the Owners Associations to ensure that all guidelines outlined by the association are implemented to protect the wellbeing of the community at all times
Initially, Emaar will focus on offering its expertise in community management to the Owners Associations in the developer’s own communities including Downtown Dubai, which is anchored by Burj Khalifa, the world’s tallest building, Arabian Ranches, Dubai Marina and Emirates Living.
“The certification and licensing of Emaar Community Management highlights our expertise in offering quality managerial services to the Owners Associations,” said Ahmad Al Matrooshi, Managing Director of Emaar Properties.
While Emaar Community Management is the first major company to be licenced to offer Association Management services in Dubai, many of Emaar’s Association Management personnel have been previously certified by the US-based Community Associations Institute making them the first personnel in the Middle East with the prestigious certification.
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