Specialized Services for
Real Estate Developers in the UAE
What we do?
From business setup to financial advisory, we’ve got you covered.
Escrow Account
Management
Managing the escrow account is crucial for ensuring compliance and transparency in real estate development. Our team facilitates seamless coordination between the Developer, Escrow Agent, and Dubai Land Department (DLD).
We assist in opening and maintaining escrow accounts, monitoring fund flows, and ensuring compliance with regulatory requirements. Our expertise ensures that all parties fulfill their obligations, leading to a smooth and hassle-free escrow management process.
DLD Tasks
Management
Navigating the Dubai Land Department (DLD) processes can be complex. Our comprehensive DLD tasks management service covers everything from project registration to handover. This includes submitting necessary documentation, updating project details on the DLD portal, fulfilling regulatory requirements, and ensuring timely approvals. We streamline these processes to save you time and ensure your project progresses without delays.
Performance Bonds
Arrangement
Performance bonds are a critical requirement for project approval and a key component of maintaining investor confidence. We assist developers in preparing and submitting performance bonds to relevant authorities, ensuring compliance with legal and regulatory standards. Our team also provides support in understanding bond requirements, liaising with financial institutions, and ensuring timely submissions.
Receivables
Management
Efficient receivables management is essential for maintaining cash flow and ensuring the financial stability of your project. We provide streamlined solutions for tracking, collecting, and reconciling payments from customers. Our services include setting up automated reminders, managing collections, and resolving payment disputes. With our support, you can focus on project delivery while we handle your receivables.
Project Financing
Solutions
Securing project finance can be a challenge, but it’s essential for ensuring uninterrupted progress in construction and development. We provide expert guidance in evaluating financing options and connecting you with reputable financial institutions. Our team assists in preparing necessary documentation, negotiating terms, and ensuring smooth disbursement of funds to keep your project on track.
Bank Facility
Arrangements
Acquiring the right bank facilities can provide your business with the liquidity and flexibility needed to grow. We offer specialized support in securing facilities such as receivables discounting and assets securitization.
Our team works closely with you to assess your needs, prepare the required documentation, and negotiate favorable terms with banks, ensuring that your financial requirements are met efficiently.
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Off-Plan Projects Assistance
Comprehensive support to manage pre-completion operations, from sales to project administration.
Phase 1- Compliance with DLD/RERA for Project Registration
- Incorporation of the Development Company
- Development agreement between the land owner and development company
- Application process to Master Developer to obtain NOC for sales and marketing
- Manage and complete the application process for project registration with RERA authorities
- Liaise with Survey company for registration of inventory in Oqood
- Liaise with the Escrow bank for Project registration formalities on RERA system
- Obtain Project Registration Certificate from RERA
Phase 2- Post-Sales Administration Support Managing Customer Service & Back-Office Operations
Contracts Management
- Issuance of Sale and Purchase Agreements
- Oqood registration for sold unit
Collection Management- Accounts Receivable
- Collections, follow-up, and finance administration support
- Project updates to Purchasers
Operations support to Customer Service Teams
- Operations Management for Customer service teams- Resale process, amendments to
- Contracts, Payment delay requests, site visits, and many other purchaser related requetss. related Relationship Management
- Document Management
- Reports Management
DLD/RERA Support Team will manage
- Project Inspection regularly as per RERA guidelines
- Accounts Payable-Escrow account management for payment release to Contractors, Consultants, Broker payments, and Management fees
- Represent the Developer for all departments- Registration, Survey, Escrow, Finance, and legal section
With the Legal section of the Dubai Land Department
- Default and Terminations / Settlement applications in the legal section of DLD
With the Registration Department of Dubai Land Department upon completion of off-plan project
- Coordination services with the survey team for conversion of oqood areas into final areas for the project
- Processing of Pre-title deeds and final title deeds in the system
Phase 3- Upon completion of Project- Handover Services
- Pre-handover notifications
- Handover notifications management
- Welcome experience for the handover
- Property viewing and snagging
- Payment collection and mortgage management
- Keys and Welcome Pack handover
- Support services for utility connections
- Pre-title deed/ Title deed processing in DSR
Completed Projects Assistance
End-to-end services for seamless post-completion management and customer satisfaction.
Sub-division of Plot title deed
- Set up and registration of ready inventory in the Land Department- liaison with survey company
- Liaison with mortgage company ( if any) for transfer of loan onto the property units
- Updating the current title deed and obtaining separate unit title deeds
Upon completion of Project- Project Handover Services
- Pre-handover notifications
- Handover notifications management
- Welcome experience for the Purchaser of the unit
- Property viewing and snag
- Payment collection and mortgage management
- Keys and Welcome Pack handover
- Support services for utility connections
- Title deed processing onto Purchaser at trustee offices
ENQUIRE NOW
We’re here to address any questions you may have
Phone
Office address
- The Meydan Grandstand, 6th floor, Meydan Road, Nad Al Sheba, Dubai, U.A.E