Dubai, UAE - March 8th, 2009: Adapting to the dynamic changes in Dubai's real estate market and the current consumer demand, Landmark Properties recently launched a new division, Landmark Property Management, to cater directly to its' clients needs.
Directly in line with the Ejari Law enacted January 1st of this year, which was developed to register and standardize all rental contracts in Dubai, Landmark Property Management can act as a landlord-tenant liaison in all matters related to the management and leasing of the property. This allows Landmark to provide the landlord a hassle-free peace of mind management of their property, and the tenant an unobstructed peaceful habitation of their chosen home. With the help of Landmark Properties' new specialized department, landlords are now able to take the headache out of ownership and let Landmark preserve and lengthen the lifetime of their property and earn revenue from quantified tenants.
"Our clients approached us requesting this service as they either didn't have the time to closely manage their property, or they felt they didn't have the expertise on all aspects regarding the maintenance of their property. With the new Ejari legislation implemented at the beginning of the year, our clients want to make sure their new contracts are in line with the law. At Landmark we take customer-service very seriously, and make the effort to be flexible enough in our offerings to give the market what they need. Coming to Landmark directly to handle the A to Z of all their property needs has taken a great weight off our clients' shoulders." explained Cliff Kelaita, Chairman & CEO.
Landmark Property Management also helps save money for corporations who are looking to cut costs in their relocation budget, by leasing out full buildings for their staff. "We found that some of the big proponents of this service were corporations who approached us to save them money. They found that by leasing out full buildings for their staff, they could greatly cut their costs. Not only are we able to save them money, but we're also able to take away the finely detailed process of managing their staff's units." said Kelaita.
Landmark Properties' is one of the largest brokerage and leasing agencies in the UAE as well as one of the recognized market leaders. This helps compliment Landmark Property Management, as landlords and corporations can be assured of the highest level of occupancy rates because of the experience and vast client base Landmark Property Consultants already have access too.
"At Landmark Properties Management we understand that a property is an income producing asset that must be managed and maintained to the highest level. By protecting the capital value of the property, it is easier to ensure a high occupancy level of our managed properties," said Kelaita.
Additional Landmark Property Management services include advising landlords on all matters pertaining to the implementation of Strata Law, Owners Associations and budgetary forecasting for the landlords' properties as well as guiding landlords on the changes in rental levels and expected financial returns.