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Dubai, United Arab Emirates, 28 September 2020: Azizi Developments, a leading private developer in the UAE, is forming owner committees through VCM, its dedicated community management provider, to enhance the lives of its residents. Through the committees, coordination between residents and the Owners Association will be enhanced, allowing for initiatives and further improvements to Azizi’s communities to be expedited.
The formation of the committees, which are established across all of Azizi Developments’ communities, make VCM one of the first Owners Associations in the market to take this initiative. In line with Law No. 6 of 2019, concerning ownership of jointly owned properties in the Emirate of Dubai, the owner committees consist of nine members, including an elected chairman and vice chairman who represent it before the Management Entity and Dubai’s Real Estate Regulatory Agency (RERA). Meetings will be held regularly, with members convening quarterly.
Majid Sultan, General Manager of Verve Community Management (VCM), commented: “We are delighted to be one of the first Owners Associations to establish owner committees in this market, in line with RERA directives. To us, it is a natural step in ensuring that all of our residents’ voices are heard, and that we are driving the most impact possible in finding ways to contribute to the betterment of their everyday lives. With a representative from Azizi Developments, as well as one from VCM, attending the quarterly meetings, all the right people convene to explore ways in which residents’ lifestyles can be enriched, and to drive change in a streamlined manner.”
The owner committees will focus on ensuring that common areas are well operated and maintained, reviewing annual budgets prepared for the maintenance of the jointly owned property, acting on suggestions submitted by owners and unit occupants, and finding new ways to add to the comfort and well-being of residents, such as through the lowering of service charges, the formation of corporate partnerships, and the organising of events and other initiatives.