Riayah

The UAE’s real estate market is alive and dynamic and in a continual state of growth. A property’s value can be affected by a myriad of aspects–location, design, maintenance – but one of the most critical, and one of the most overlooked in property appreciation, is facility management. In a competitive market like that of the UAE, where there is a continuous demand for both residential and commercial properties, facility management service plays a major role in maintaining and increasing the worth of a property.

In this blog, we are going to discuss how facility management services in the UAE can affect property value, looking at the key aspects of where it helps to define both operational efficiencies and the aesthetics of property. When property managers, owners, and investors understand these aspects, they can more effectively use facility management to better the future value of the property.

What is Facility Management? 

Facility management is the coordination of all the activities and services that are needed to successfully operate a property. Facility management can include almost anything that utilizes the asset, from the daily maintenance and janitorial services, waste management, etc., to the more intricate functions of operating the HVAC systems, security, and landscaping. Facility management services aim to ensure the health, safety, and comfort of the property’s occupants while also extending the lifespan of the building and its components.

The Importance of Facility Management in the UAE’s real estate market

The UAE’s real estate market has multiple developments and luxury properties emerging almost every week that makes competition pretty fierce. As demand increases, property owners and developers need to look for ways to maintain their properties’ unique features. Facility management services in Abu dhabi are one of the ways property owners can protect their investments and improve their value over time. 

Here is an outline that clearly shows just how effective facility management impacts property value: 

• Improved Appearance and Maintenance 

In many cases, the appearance or aesthetic of a property is its first impression and thus a huge part of its perceived value. Ideally, well-maintained properties will attract both buyers and tenants quicker, and ultimately get a higher rent/sale price. Facility management services in UAE include tasks like landscaping, painting, and cleaning to keep a property looking great at all times. A good facility management company with you will ensure that on-time maintenance is used to space the deterioration of the property’s exterior, and keep it looking healthy, and inviting. 

Moreover, high-end properties in the UAE Cities, particularly Abu Dhabi, need specific facility management to care for their luxury amenities i.e. pools, gyms, common areas. These features, when well-maintained, contribute significantly to a property’s appeal and, consequently, its value.

• Operational and Cost Efficiency

A primary benefit of facility management, specifically in the context of that property, is its contribution to operational efficiency. Effective systems will help minimize the risk that troublesome repairs will ultimately be costly, as the infrastructure of the building can function optimally. It helps in ensuring that an HVAC system, elevator, plumbing system or electrical system is running smoothly with regular maintenance and inspections, which can mitigate a breakdown and perform with high-efficacy in peak times.

With regards to our thinking on how facility management can improve operational and cost efficiency, in the UAE and Abu Dhabi especially, being proactive with a regular air conditioning maintenance program is critical to success given the nature of the environment. Facility management engages in preventative facility operations to limit costs and maximize efficiency. Energy efficient systems require less energy to operate and create an efficient building property overall, and proximity offers a property manager that engages and ensures that facilities operate efficiently. Properties which operate more efficiently lower operational costs, and desirability for the property improves for investors primarily interested in a long-term investment. 

• Health and Safety Regulations

Facility management is also engaged with enabling properties to satisfy local health and safety regulations. Health and safety standards can vary per city and are not limited to fire safety compliance standards, elevators and stairwells, and ensuring proper amount of lighting in common areas.  Proper facility management will ensure that a property meets their relevant building codes or safety standards to effectively and appropriately protect occupants and visitors.

When it comes to properties that contain businesses or tenants, the people within the property are the most important consideration. In locations like Abu Dhabi where a higher quality of life is part of the expectation, properties with attention to safety and health will typically preserve their value much better over a long period of time. As a safe, functional property, it will continue to attract tenants which help the rental yield and long-term value appreciation.

• Sustainability and Eco-Friendly Practices

Sustainability is becoming a predominant factor in property value, and the UAE is beginning to incorporate an emphasis on the environment. Companies that provide facility management services in Abu Dhabi are incorporating simple, eco-friendly strategies like; energy saving light fixtures, water saving equipment and waste management processes that reduce a property’s carbon footprint.

Green buildings are often attributed as being one value, as they have higher occupancy by tenants that are environmentally responsible and this is in response to a move towards more sustainability in the region. Properties with eco-friendly features will always have higher occupancy levels than properties limited by sustainable standards, and these properties are able to ask for higher rents than their non-sustainable properties. Furthermore, the use of renewable energy such as solar energy provides property owners an advantage to lowering the operational cost and increasing general appeal of the property.

• Customer Satisfaction and Tenant Retention

Improved tenant satisfaction is one of the greatest ways facility management increases property values. No matter if the property is residential or commercial, giving tenants a clean, functional and comfortable place to live or work in will be an important factor to retaining them as tenants. Property owners who use reliable facility management services will have their problems resolved in a timely manner, which positively influences the tenants’ overall experience.

The longer tenants stay in a property, the less vacancy rates a property owner has, and tenants who are happy are more likely to stay in one property for a longer time. Closer to owning a property, property owners, particularly commercial property owners, should always try to have stable cash flow – stable cash flow will create long-term value in any property. Also, tenants will always be more willing to pay rents and/or more for a lease if they feel they receive much value associated with the services and/or amenities they receive.

• Compliance with Legal and Regulatory Requirements

The UAE has stringent building regulations and safety policies its commercial and residential properties must adhere to. Facility management services help commercial and residential properties remain compliant with the regulations from the most up-to-date laws – this will aid property owners in avoiding unnecessary fines and costly lawsuits. Properties that continuously comply with regulations maintain property value over time and are less likely to experience costly building maintenance.

It is important that in regions like Dubai and Abu Dhabi, which have very high regulations in real estate, one follows all building codes, zoning laws, and environmental regulations. In addition, facility management’s responsibility is to keep up with legislation, to know what are the requirements to follow local standards and guidelines. 

Why Choose Riayah for Facility Management?

Riayah is one of the leading providers of facility management services in the UAE and has established itself in the commercial and residential market, with a commitment to excellence, sustainability, and customer satisfaction. Over the years, we have successfully completed a number of projects in order to have an understanding of the property owner’s challenges within the quickly growing and competitive market. 

Our team of skilled professionals ensure that your properties stay in top condition, comply with the legal laws, building codes, and operate efficiently. Whether you own a residential complex, shopping retail space, or an industrial building, facilities management offers property solutions that maximize return on investment while adding value to the properties for the owner. 

Our services provide regular building maintenance programs, energy management for identifying areas of post improvement, security and access control systems, general cleaning programs and emergency response actions in support of effective operation of assets to protect covered businesses and assisted in building assets. Property owners can be assured that Riayah recognizes the importance of the owners and how their investment is respected, preserved, and enhanced while assisting with the growth of the property annually. 

Conclusion

Facility management is a key driver in enhancing property value in the UAE’s competitive real estate market. By ensuring operational efficiency, maintaining aesthetic appeal, improving safety standards, and incorporating sustainability practices, facility management services in UAE can help property owners retain and increase the value of their assets.

With expert facility management services from companies like Riayah, property owners can enjoy peace of mind, knowing that their properties are well-maintained and compliant with all regulations. In a market where every detail counts, the right facility management services can be the difference between a property that simply survives and one that thrives, offering long-term value and attracting the right tenants or buyers. Call us at 02-6669930 or email us at Info@riayah.ae with your requirements. We will be glad to assist you.