Project Management
Project management services enable developers gain access to a wealth of expertise and experience that can streamline project execution from inception to completion. It brings an in-depth understanding of industry best practices in UAE, regulatory requirements, and efficient project delivery methodologies, ensuring that projects stay on schedule, within budget, and in line with quality standards.
Moreover, our project management professionals’ objective and laser-focused viewpoint helps identify and mitigate potential risks early on, preventing costly setbacks and ensuring smooth progress of the project.
With our project management professionals overseeing day-to-day operations and step-by-step progress of the real estate development project as well as coordinating various stakeholders and satisficing their dynamically changing needs, developers can focus on strategic decision-making and business development initiatives, maximizing their overall project success.
Principal stages of project management activities on execution of a real estate development project in Dubai *
Stage 1
Registering a company, obtaining a commercial license from Dubai Economic Department, acquiring a land plot, obtaining a developer registration certificate from Dubai Land Department / Real Estate Regulatory Agency
Stage 2
Selecting an engineering consulting company (project design and technical supervision) and interior/exterior design company, if required, as well as other project consultants
Stage 3
Preparing, submitting and validating the project design documents and drawings (preliminary/concept design drawings, schematic design drawings, detailed design / building permit drawings etc.) and obtaining NOCs and approvals from Nakheel PJSC, Trakhees CED and other government authorities
Stage 4
Conducting a tender and selecting a project main contractor, obtaining construction and other NOCs and approvals
Stage 5
Proceeding to site mobilization, commencement of construction works
Stage 6
Registering the project in Dubai Land Department / Real Estate Regulatory Agency, opening an escrow account and launching the sales
Stage 7
Carrying out construction works and regular project status inspections in compliance with Trakhees CED, Dubai Civil Defense, Dubai Land Department / Real Estate Regulatory Agency and other authority requirements
Carrying out corporate financial and management accounting and reporting as well as fulfilling escrow account, external annual audit, tax filing, and other statutory requirements
Stage 8
Ensuring a formal completion of construction works, including issuance of the building completion certificate and project completion reports from Dubai Civil Defense, Nakheel PJSC, Trakhees CED, Dubai Land Department / Real Estate Regulatory Agency and others
Stage 9
Issuing the title deeds and handing over apartments to owners, handing over the management and maintenance of a building to owners’ association management company and facilities management company
Note: This description is neither complete nor comprehensive since the stages, scope and other details of works will depend on and vary subject to project input data and actual conditions of a particular project