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.
Thorough Reserve Fundy Study & Analysis by Experts
Land Sterling has a team of certified chartered surveyors with 14+ 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.
Arshad Ahmad FMP, SFP
Head of Building & Facilities Consultancy
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.