Dubai Asset Management adds 11 freehold developments to portfolio

The move has increased the number of units managed by the company to more than 41,000 across 21 communities

Dubai Asset Management adds 11 freehold developments to portfolio [representational image]
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Dubai Asset Management adds 11 freehold developments to portfolio [representational image]

Real estate asset management company and member of Dubai Holding, Dubai Asset Management, has expanded its footprint in Dubai.

The company has added 11 freehold developments to its community management portfolio and has grown its scope of services to reach a wider segment of the city’s residents.

With the integration of Dubai Properties Community Management into its operations, the firm is now responsible for property management across all Dubai Holding residential communities.

The move has increased the number of units managed by the company to more than 41,000 catering to more than 170,000 residents across 21 communities, including Jumeirah Beach Residence, The Executive Towers, Mudon, Serena, Villanova, and Bay Square communities. 

As part of its expanded offering, Dubai Asset Management aims to leverage its in-house expertise to provide real estate management services to private homeowners and institutional landlords.

Speaking about Dubai Asset Management’s expansive portfolio, chief executive officer of the firm, Arif Mubarak, said: “Our current portfolio that includes residential rental and freehold assets will help establish the company as the preferred end-to-end residential partner in Dubai.”

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