Deyaar turning its facilities management division into new company

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The continuous growth of the Deyaar Development PJSC
Facilities Management Division has motivated the Dubai-based real estate giant to break the
division off into its own company.

This new strategic plan for one of Dubai’s
leading property development and real estate services companies will allow
Deyaar Facilities Management LLC to continue to grow. The company is still
wholly owned by Deyaar, which is in line with the goals of Deyaar’s Property
Development, Property Management and Owners Association divisions, to
facilitate professional real estate services while also fulfilling the needs of
property owners.

Deyaar Facilities Management uses the most advanced
technology to provide smart facilities management to more than 500 properties
and roughly 20,000 units. Deyaar offers cost-effective, sustainable facilities
management for real estate, commercial and retail developments throughout the
UAE. The company works to create solutions that are in the best interest of
residents’ health, safety and living environment.

“This is a significant milestone we have achieved due to the
continued growth and increasing demand for our facilities management services,” Deyaar CEO Saeed Al Qatami said. “This ongoing success
is attributable to our consistent commitment to delivering excellent customer
service and targeted, ‘smart’ facilities management solutions. The transition
of Deyaar Facilities Management to a stand-alone company means we can increase
our focus on developing our portfolio of services and exceeding our customers’
expectations.”

Deyaar Facilities Management recently relocated into Dubai’s
central business district in Business Bay. The new office is easier for clients
and customers to access and the location is already home to many Deyaar’s
property development projects. Mohammed AbdulKarim Khamis, who has been
with Deyaar for several years, will lead the newly developed business as general manager of Deyaar Facilities Management.



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