Reserve Fund Study

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Expert Reserve Fund Study Services in Dubai

The reserve fund is the amount of money that building owners are required to set aside for major, recurring, or accidental building maintenance expenses. RERA rules and regulations have made property owners obligated to set aside a reserve fund to handle building maintenance tasks.

Land Sterling’s RICS-certified chartered surveyors will take care of your real estate reserve fund study needs. A formal real estate reserve fund study is one of the RERA’s requirements for the approval of the service charge budget for a building.

Our experts will conduct a thorough reserve fund study for your building as per the RERA guidelines and calculate the service charge budget for you. Our reserve fund studies will help ensure that the service charge budget complies with RERA guidelines.

Rami Abuammuna, MRICS

Associate Director of Building Consultancy

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Thorough Reserve Fundy Study & Analysis by Experts

Land Sterling has a team of certified chartered surveyors with 15+ Years of combined experience in conducting a detailed building reserve fund study. Our experts follow the internationally accepted reserve fund study and analysis standards.

Our reserve fund study services are aimed at helping building owners plan their future budgets. The study will include details regarding the funds needed for maintenance needs and potential capital replacement costs.

Our reserve fund study approach involves a detailed inspection of the current state of all the assets in a property. Once we have analysed the assets, we’ll predict the year in which the asset would need to be replaced. This prediction helps us calculate the expenses required for the maintenance or replacement of the asset. The details of this would be mentioned in the reserve fund study report.

Services

Service Charge Allocation Study

Reinstatement Valuations

Building Completion Audit for ESCROW release

Energy Audit ASHRAE Level 1 & 2

Get Expert Reserve Fund Analysis from Our Experts

Along with being a RERA guideline for getting service charge budget approval, Reserve Fund Study can also help predict future property management and maintenance costs for you. Once you have a clear understanding of the reserve fund that you need to have at your disposal, you can apply for the service charges approval to start filling up the fund.

Contact Land Sterling right now to get a free quote for our Reserve Fund Study services.

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Frequently Asked Questions

A Reserve fund in real estate is the amount of money that you set aside for future building maintenance expenses.

There is no standard guideline for reserve fund study timeframe. Still, it is recommended that the Reserve Fund Studies should be conducted every 3 to 5 years.

Reserve Fund study determines the amount of money required to pay for potential building maintenance issues in the future. The number that you get after the study is what you need to aim at to ensure that all future repairs can be paid for, without any additional pressure on the owner.

The cost for the reserve fund study depends on the size of the property and the number of assets in a property. You can get in touch with Land Sterling to get a free quote for your specific Reserve Fund Study project.