Owners Association Services :
Tawabeq committed to deliver Value-added services and focus on the unique needs of each jointly-owned property by providing services you require. We take the delighted approach to manage your building and enhance your property’s value. We strive to maintain the lowest life cycle cost of any built-asset so it may excellently perform for generations.
Tawabeq OAMS was one of the first companies fully licensed and accredited by RERA to practice the Management of Owner’s Association in the Emirate of Dubai. We combine the local experience with international knowledge providing all owners with a cost effective service in managing your association and building/community as postulated by the local laws.
As part of our role, we are also committed to providing your board members with best guidance and advice to what is expected from them as board members and to ensure a smooth transition of assets, documents and funds from the developer to the owners association.
Pre -OA formation and registration Services.
• In depth understanding of the JOP Law, its implementation and application.
• Assist Developers with preparation of Disclosure Statements.
• Develop entitlement schedules to apportion shared entitlements and costs.
• Prepare forecast annual Services Charge and Reserve Fund Budget
• Owners Association Management Services.
Administrative:
• Sourcing Building and Public Liabilities insurances.
• Services Charges collection and Arrears Management.
• Opening and management of the OA’s bank Account.
• Meeting Management and record keeping.
• Maintain Owners Contact information.
• Healthy relationship with RERA and Land Department.
• Advise the OA board in financial audit.
• Advise OA on reserve funds.
Operational:
• Advise the OA board in preparing RFP and tender documents.
• Selection of suitably qualified Facility services providers.
• Facilities Management Contract procurement and supervision.
• On Site Contract and service supervision.
• Development of building asset register.
• Attend and responses to day-to-day operation matters of the OA.
• Advise the OA board for the strata/building insurance and building reinstatement cost.
Technical:
• Energy and Sustainability Audit and Advice
• Energy Management & Sub-metering
• Cost Allocation
• Utility Consumption Audit
• Development of Building Asset Register
