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Service Charge Modelling
Developers in the UAE stand to benefit immensely when an effective service charge model ensures charges are applied in an accurate and systematic manner, aligned to RERA requirements.
Our team carries out an assessment and verification of the proposed service standards, management strategy and the likely costs. The above facilitate our client’s ability to manage their properties in accordance with the regulatory guidelines, contribute to a structured approach for the ultimate “Asset Management” function and support the structures and strategies to facilitate the properties being managed professionally in the future.
Key factors that ensure efficient delivery of service charge modelling include conducting a detailed market research and data analysis followed by market benchmarking that effectively drives resource-based cost allocation leading to the finalising of the service charge model.