The Department of Land & Real Estate Regulation in Ajman revealed that it intends to hold series of meetings of Owners Associations in large number of freehold projects in the Emirate including Al Khor Towers, Al Noaimia Towers, Falcon Towers, Horizon Towers, Al Rashidiya Towers, Corniche Tower, Ajman Tower 1 C, Lake Tower 4 C, Goldcrest Dream A, M R Project, Lavender Tower, Lilly’s Tower, Heaven Lakes Towers, Majestic Tower, Ajman Pearl Tower and Garden City Project.
This move comes out of our belief in the importance of this subject and its major effect on residence quality and good cohabitation and neighborhood among the tenants of the same property. However, we should bear in mind that the Owners Union in residential compounds in Ajman is subject to clear laws and it basically aims to benefit from all facilities and services classified within the scope of common property.
Through these meetings, the Department is working on approving members and managers for these associations that shall operate under its umbrella and carry out its role by appointing specialized companies to manage the common facilities and budgets of real estate projects.
SOURCE : ARRA