UAE’s property owners to benefit considerably through Landmark Property Management offering

Dubai, United Arab Emirates - December 20^th, 2009:

Given the range of quality, finish and price currently seen in the UAE’s freehold market, Landmark Properties has developed both property management and facilities management solutions in an attempt to safeguard the investment of freehold buyers. Both end-users and investors in the Emirates can benefit from greater peace of mind thanks to Landmark Property Management (LPM), a division of Landmark Properties, as it continues to pioneer new methods ensuring that landlords and property owners capitalize from tangible cost savings while maintaining the value of their property.

“A robust property management strategy is key for both overseas and UAE-based property owners as we deliver a range of cost-saving options, from identifying snags in new properties being handed over, to managing the rental relations with tenants on their behalf,” explained Donna Newman, Head of Property Management, Landmark Properties. “The potential cost-savings for proprietors using Landmark’s Property Management services and homeowners using Landmark’s Facility Management services, far outweigh the service repair costs, in addition to minimizing potential future problems that can occur in a freehold property.”

The cost of Landmark Properties’ Property Management solutions begins at 5% of a property’s rental value, with the minimum set at AED 3000. “A landlord requiring Property Management for their property will find that the preventative costs of our packages may be minor to the actual cost of potential problems in this apartment,” said Newman.

“For instance, the rectification of ceiling defects (image attached) would cost approximately AED 2000 for owners to fix. Common bathroom snags, including leaking toilets and showers or shower heads snapping off are on average AED 400-600 per visit by plumbers to rectify. Looking at just two snags, this is already a considerable cost without taking into consideration anything else that may happen throughout the year,” Newman continued.

A client of LPM who has just relocated from overseas, recently had her 3 BR flat snagged by Landmark before moving in, she said: “Considering that I purchased a flat in a prestigious area of Dubai, I thought the quality of the unit would at least reflect the high price I paid for it and did not expect the snag list compiled by Landmark to be as extensive as it was.”

“Following a full inspection of my property, LPM reported over 150 snags and advised me on the priority issues which required addressing immediately in order that I wouldn’t face potential problems later on. I’m relieved that they have discovered these problems at this early stage and are now helping me take the necessary measures to rectify these issues directly with the developer as I would rather be aware of any problems and deal with them now. Otherwise there is the risk that in the future something I initially overlooked could turn into a bigger problem which would mean that I would have to personally pay to get it fixed.” the client continued.

The LPM team also act as a liaison between tenants and landlords by handling matters including: tenant viewings, tenant management, tenancy renewal management, property inspections and utilities connections. The provision of these services means that proprietors simply receive rent cheques directly from LPM while knowing that their property is maintained in good order and that the asset will appreciate.

Homeowners living in their own units can also benefit by purchasing a bespoke Landmark Facilities Management (FM) package, starting at AED1650 , to take pro-active measures to ensure they do not experience problems with their property. The tailored FM packages available offer a range of services including a 24 hour helpdesk, service and maintenance of air conditioning units and electrical fittings, plumbing units, and the deep cleaning of properties.

“From the moment they purchase the FM package, property owners will know from the outset that their property is being managed by experts in the facilities field and is being checked regularly for problems that the unskilled eye may not see,” explained Newman. “They will also have access to the 24-hour help desk which is just a phone call away where operators will provide advice on dealing with any of the issues the property may have.”

By taking Landmark’s PM or FM package, proprietors and homeowners can ensure that their investments are properly managed and maintained to ensure that problems can be spotted in the early stages, greatly reducing the cost of rectifying issues and increasing the owners return on their investment.

For further information and a full list of services on offers from Landmark Property Management, please visit: http://www.landmark-dubai.com/property_management.php or follow Landmark on twitter@LandmarkDubai.

Media Contact:

About Landmark Property Management

Landmark Property Management acts 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.

Back to Home
Read Arabic version