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Strata can be defined as a sub-division of land and buildings into units and common property. In Dubai, this is known as jointly owned property, in accordance with Law No. 27 of 2007 regarding Jointly Owned Property in the Emirate of Dubai. Strata titled, or jointly owned property, can be in the form of high rise apartments, retail buildings, office towers or villa communities. Such developments will generally have shared recreational facilities and common property including swimming pools, tennis courts, gymnasiums, elevators, pathways etc. All owners within these developments contribute to the maintenance of the recreational facilities and common property by paying service charges. All owners collectively within a jointly owned property are known as the ‘Owners Association’. The Owners Association is legally formed upon registration of the first sale of a unit within a jointly owned property and on the issue of a license by the Real Estate Regulatory Authority. It is the role of the Owners Association to maintain the common property and facilities within the ‘jointly owned development’.
What is Strata Management?
Strata Management is also known as Body Corporate Management in Australia and here in Dubai it is known as ‘Owners Association Management’. This refers to the day to day running of the administrative, financial and secretarial aspects of the Owners Association, in addition to arranging the maintenance and upkeep of the common areas and facilities owned by the Owners Association.
BCS Strata Management Model
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