Services
Asteco Property Management has a rapidly growing Owners Association Services division with dedicated professionals who bring Owners Association and Property Management experience from Australia, Asia and the UK.
Our team is knowledgeable in global markets as well as the emerging Dubai Owners Association Management market as a result of working daily with diverse and complex situations.
We have built strong relationships in the UAE with facility managers, suppliers, service providers and related strata professionals as well as Dubai Land Department and the governing body RERA (Real Estate Regulatory Agency).
Asteco's offers a comprehensive Association Management Service incorporating owner association management and property management in accordance the Jointly Owned Property Law and Regulations.
Asteco acts of behalf of Owners Associations and is appointed to carry out all aspects of the day to day management and provide services including:
Asteco provide custom and comprehensive Consultancy Services in relation to Jointly Owned Property which is designed for the unique requirements of the individual project.
Jointly Owned Property developments have distinctive and different operational and management requirements in comparison to a property which has a single owner. The complexities are magnified further when different uses such as retail, office and hotel are brought together in one development, it is necessary to consider and structure the project effectively in order for all owners, commercial interests and users to harmoniously interact together. We offer apartment for rent and lease, villas to buy.
We can assist in the creation of an Owners Association as well as all planning and pre-operational aspects including;
- Project Title Strategy and Structuring
- Project Use/Mix Methodology
- Operational planning
- Assistance in the preparation of Constitutional documents
- Procurement and tendering of Service Providers
- Operational Management requirements
- Compliancy with the Dubai Jointly Owned Property Law, forthcoming Regulations, Directives and any other relevant legislation
- Prepare, Coordinate and Implement handover and operational planning
- Preparation of Budget modeling for Service Charges
- Registration of Owners Association with RERA
Asteco Property Management offers comprehensive Association Management services to Owners Associations.
Administrative and Secretarial Functions
- Annual General Assembly requirements
- Notices, Communications and Correspondence
- Database creation and management
- Recordkeeping
Financial Management
- Service Charge Modeling and Budgeting
- Issuing Service Charge invoices
- Arrears Management
- Accounts payable
- Prepare and issue Clearance Certificates
- Financial Reports and Statements
- Escrow Accounting
Property Management Services
- Meetings with the Owners Association Management Board
- Supervision of common area service providers and related contracts
- Manage day to day relationships of all property users
- Annual survey of owners
- Enhancement recommendations
- Management Reports
- Assistance with arbitration/legal matters
- Information and advice on all Jointly Owned Property and Strata related issues.
- Service Charge Forecast and Budgeting
- Invoicing/collection of Service charges
- Receive, bank and record receipts and payments
- Accounts payable
- Prepare and issue Clearance Certificates
- Financial Reporting
- Escrow Accounting with approved RERA software
- Interface data with RERA as required
- Facilitate external Auditing of accounts
- Trusted in Real Estate Since 1985
- With Over 25 years of Middle East Real Estate experience, Asteco has grown into one of the longest serving and most trusted companies in the region with an exhaustive real estate portfolio in the Residential Property and Commercial property in Property Sales and Property for Rent or Leasing. Asteco now offers a variety of Real estate sales and Property leasing services, including Property Management services in Dubai
Asteco Real Estate Dubai
- With Over 25 years of Middle East Real Estate experience, Asteco has grown into one of the longest serving and most trusted companies in the region with an exhaustive real estate portfolio in the Residential Property and Commercial property in Property Sales and Property for Rent or Leasing. Asteco now offers a variety of Real estate sales and Property leasing services, including Property Management services in Dubai
- Dubai Property Management
- When it comes to Property Management Dubai, Asteco Property Management has the biggest experience in Dubai Real estate, expertise and diversity in the region. Our common sense approach has led up to become the largest and most experienced property services consultancy in the UAE. We provide a much needed array of comprehensive Dubai property management services for apartments, villas and buildings. Our services include renting apartments, villas, office spaces in Dubai. Asteco Dubai Property Management
- Buy Property in Dubai
- Asteco's Dubai real estate and property sales department is one of our core businesses. We cater for both the residential and commercial property markets. Our internationally qualified team have dominated over two decades within Dubai's highly dynamic real estate and property market. Asteco overseen many changes and milestones, such as the introduction of UAE freehold legislation which allows for foreign ownership of properties. You are in the right place if you need to buy an apartment, villa, condo or an office space in Dubai
Asteco Dubai Property Sales
- Asteco's Dubai real estate and property sales department is one of our core businesses. We cater for both the residential and commercial property markets. Our internationally qualified team have dominated over two decades within Dubai's highly dynamic real estate and property market. Asteco overseen many changes and milestones, such as the introduction of UAE freehold legislation which allows for foreign ownership of properties. You are in the right place if you need to buy an apartment, villa, condo or an office space in Dubai
- Rent Property in Dubai
- Asteco Property Management, Dubai is the right place for you to rent an apartment, lease a villa, an office or rent commercial property in Dubai. We will help you find the best options to rent commercial and retail property in the Dubai real estate market. If you are looking to rent an apartment in Dubai, look no further, Asteco Dubai will take care of all your Dubai Property renting needs. As Asteco manages a huge portfolio, it is very fast, simple and easy to rent an apartment in Dubai.
Rent Apartment in Dubai
- Asteco Property Management, Dubai is the right place for you to rent an apartment, lease a villa, an office or rent commercial property in Dubai. We will help you find the best options to rent commercial and retail property in the Dubai real estate market. If you are looking to rent an apartment in Dubai, look no further, Asteco Dubai will take care of all your Dubai Property renting needs. As Asteco manages a huge portfolio, it is very fast, simple and easy to rent an apartment in Dubai.
- Dubai Property Research
- Possibly the most important skill in property investment is the ability to predict real estate market trends. At Asteco we have a dedicated in house Real Estate Research and Consultancy team committed to running comparisons on every facet of the property market imaginable. Aside from our client commissioned research, our regularly published reports are often cited as the benchmark opinion, not just from the regular press, but also from our competitors.
Asteco Dubai Property Research
- Possibly the most important skill in property investment is the ability to predict real estate market trends. At Asteco we have a dedicated in house Real Estate Research and Consultancy team committed to running comparisons on every facet of the property market imaginable. Aside from our client commissioned research, our regularly published reports are often cited as the benchmark opinion, not just from the regular press, but also from our competitors.
- Dubai Property, Real Estate Investments
- The maturing Gulf real estate market together with the regions enhanced prominence on the international stage, led us to form our own dedicated in-house investment agency to act for local, regional and international real estate investors. Our expertise in this field is unrivaled in this region, and is a culmination of over 20 years of designing and implementing successful investment strategies.
Asteco Dubai Property, Real Estate Investments
- The maturing Gulf real estate market together with the regions enhanced prominence on the international stage, led us to form our own dedicated in-house investment agency to act for local, regional and international real estate investors. Our expertise in this field is unrivaled in this region, and is a culmination of over 20 years of designing and implementing successful investment strategies.
- Asteco Dubai's Engineering services
- Asteco Dubai takes the holistic approach to real estate with a view to offering our clients the complete property solution. This means we go beyond the usual steps expected and also offer an array of external services. Within engineering, we provide not just scheduled, preventive and break down maintenance services, but everything from landscaping to cleaning to pool maintenance and much more.
Asteco's very own Engineering services
- Asteco Dubai takes the holistic approach to real estate with a view to offering our clients the complete property solution. This means we go beyond the usual steps expected and also offer an array of external services. Within engineering, we provide not just scheduled, preventive and break down maintenance services, but everything from landscaping to cleaning to pool maintenance and much more.
- Dubai Real Estate, Property Valuation
- With clients ranging from private individuals to major corporate players such as banks and other financial institutes, our Valuation team prides themselves with the accuracy and professionalism of their work, attested by the fact that many of our top clients are members of the Royal Institute of Chartered Surveyors, themselves a global leader in maintaining the highest standards of professionalism in valuations.
Asteco Dubai Property Valuation
- With clients ranging from private individuals to major corporate players such as banks and other financial institutes, our Valuation team prides themselves with the accuracy and professionalism of their work, attested by the fact that many of our top clients are members of the Royal Institute of Chartered Surveyors, themselves a global leader in maintaining the highest standards of professionalism in valuations.
- Dubai's Co Ordination Team
- At Asteco Dubai we place the customer at the core of our business, and have a dedicated Customer Co-Ordination team to ensure you are being looked after in the best possible way. Once you have made your decision on a property or project, our team will monitor and keep you up to date with developments, liaise with third parties on your behalf, and help prepare all necessary legal paperwork to ensure a smooth hand-over of your investment.
Asteco Dubai Customer Co-Ordination Team
- At Asteco Dubai we place the customer at the core of our business, and have a dedicated Customer Co-Ordination team to ensure you are being looked after in the best possible way. Once you have made your decision on a property or project, our team will monitor and keep you up to date with developments, liaise with third parties on your behalf, and help prepare all necessary legal paperwork to ensure a smooth hand-over of your investment.
- Dubai Real Estate Expertise
- Asteco Property Services focuses on providing Dubai Property Management, Rent in Dubai, Dubai Property Sales, Dubai Property Leasing, Investment in Dubai and a host of other services including Dubai Real Estate Consultancy and Real Estate Valuation Dubai.For over two decades, we have provided the region with pragmatic and effective leasing services in both rent and sale of commercial and residential real estate.
About Asteco Dubai Real Estate Expertise
- Asteco Property Services focuses on providing Dubai Property Management, Rent in Dubai, Dubai Property Sales, Dubai Property Leasing, Investment in Dubai and a host of other services including Dubai Real Estate Consultancy and Real Estate Valuation Dubai.For over two decades, we have provided the region with pragmatic and effective leasing services in both rent and sale of commercial and residential real estate.
- Regional Real Estate Portfolio
- Asteco's Real Estate Services covers the United Arab Emirates (UAE) with satellite offices in Dubai, Abu Dhabi, Al Ain, Sharjah, Ras al Khaimah and Ajman. The Real Estate portfolio of the company also extends to the Kingdom Of Saudi Arabia, Jordan, Bahrain and Qatar. For Property services like Real estate sales and Property leasing services, for Residential and Commercial Property, You are at the right Real estate website.
Asteco Regional Real Estate Portfolio
- Asteco's Real Estate Services covers the United Arab Emirates (UAE) with satellite offices in Dubai, Abu Dhabi, Al Ain, Sharjah, Ras al Khaimah and Ajman. The Real Estate portfolio of the company also extends to the Kingdom Of Saudi Arabia, Jordan, Bahrain and Qatar. For Property services like Real estate sales and Property leasing services, for Residential and Commercial Property, You are at the right Real estate website.
