Property Management Overview

Asteco Property Management was formed in Dubai in 1985, with Elaine Jones as the Managing Partner. Over the years, we have become synonymous with quality real estate developments through our involvement in many of the key projects that have defined the very landscape and physical infrastructure of the UAE.

 

With an ever increasing portfolio of properties under our management - currently exceeding nine million square feet - no other independent property services company in the UAE can match our expertise, experience and diversity.

 

The prime objective of professional property management is to ensure that each property functions as designed, which will ensure that the value of the portfolio is maximized over time.

 

The secret of our success is achieved by implementing internationally recognized management systems with globally proven track records, whilst adapting these to meet the particular requirements and sensitivities of the local market.

 

Judging by our growing portfolio of managed properties, which has increased to over 45,000 leases or approximately 3,500 buildings, we must be doing something right.

 

Most of our clients’ properties have been managed by Asteco for a period of several years, and we have specialists in all asset classes.

 

Since no two clients have the same requirements we pride ourselves with the ability to provide you with a tailored service to meet your specific needs.

 

Our experience covers:

 

• Corporate mixed use portfolios delivering seamless end to end property management services with a single client relationship manager (if required) covering all asset classes.
• Commercial office towers and Residential portfolios, compounds and apartment buildings managed on behalf of single owners.
• Large mixed use developments, which have a number of complementary uses (commercial, retail and residential)
• Management of Freehold Individual owned units.
• Lease hold apartments in old and new Dubai ranging from brand new apartment blocks to more established buildings.

 

When it comes to Property Management, we have assumed pole position right across the Dubai, Abu Dhabi, Sharjah, and Al Ain property markets. Our property managers act as your single point of contact accessing the complete range of services Asteco has to offer, from leasing & sales, development advice, feasibility studies and valuations.

 

Our services include:

 

• Income Collection and Arrears Management
• Income and Expenditure Budgeting
• Building Inspections
• Lease Management
• Individual Property Management
• Absentee Owner Unit Management
• Maintenance Planning and Supervision
• Lifecycle Cost Planning
• Asset Management