DUBAI, 10th March 2020 – Dubai Asset Management, a real estate asset management company and member of Dubai Holding, announced the addition of 11 freehold developments to its community management portfolio.
Having integrated Dubai Properties Community Management into its operations, Dubai Asset Management is now responsible for property management across all Dubai Holding residential communities, a press release issued by the company on Monday said.
The addition of 11 freehold developments to its community management portfolio has increased the number of units managed by the company to more than 41,000 across 21 communities that are home to over 170,000 people. The additional communities include JBR, The Executive Towers, Mudon, Serena, Villanova, and Bay Square amongst others.
Arif Mubarak, CEO of Dubai Asset Management, stated, “Dubai Asset Management is driven by its purpose to enable the best possible lifestyle for anyone who wants to call Dubai home. Over the years, we have played a pivotal role in shaping Dubai’s residential communities through meeting the full spectrum of needs of our residents, and today we look forward to extending expertise to serve a wider customer base.
About Dubai Asset Management: Dubai Asset Management is the residential asset management company of Dubai Holding. It focuses on long-term value creation through the development, acquisition, and management of a diverse portfolio of residential real estate assets for rent.
News source: Emirates News Agency – WAM