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Comprehensive Property Management Agreement

Between

Mr. Ali Ahmad Ali

And

DOR Real Estate

for

Al Ruwad Building

Residential and Commercial Building

at

Dubai, UAE

21st October 2019

DOR Real Estate


Suite# 201, City Centre, Dubai, UAE
Office: (04) 3374499
Fax: (04) 3354709
P.O. Box 15709

DOR
Real Estate
DOR
Real Estate

I. PROPERTY DETAILS

II. SUMMARY OF THE CONTRACT

This Comprehensive Property Management Agreement is made as of 21st October 2019


between

Mr. Ali Ahmad Ali (“The Landlord”) UAE ID card no.: 784-1970-56498752-1, having
registered address/principle place of business at ___________ here being the legal owner/s
of the property Al Ruwad Building, located in Dubai, UAE on plot no.326-5603 (herein
referred to as “The Property”)

COMPREHENSIVE PROPERTY MANAGEMENT AGREEMENT (CPM)


Initials by the Landlord Initials by the Property Manager
DOR
Real Estate

10.8 This contract made in English. Both parties accept to fully understand the terms &
conditions.

Both parties agree to the above clauses and sign this management agreement;

Mr. Ali Ahmad Ali DOR Real Estate


(The Landlord) (The Property Manager)
Represented by
Email: Ali@email.com
Website: www.website.com Mr. Ahamed Ali
(General Manager)

Signature Signature

21st October 2019 21st October 2019

IV. ANNEXURE I (RECOMMENDED LEASING RATES)

UNIT TYPE MINIMUM AED AVERAGE AED MAXIMUM AED


STUDIO 35,000 40,000 45,000
ONE BEDROOM 50,000 55,000 60,000
TWO BEDROOMS 60,000 65,000 70,000

• Above is the table with our recommended rates applicable as per current market analysis.

V. ANNEXURE II (MANPOWER QUOTATION)

STAFF TYPE HOURS/DAYS MONTHLY NUMBERS AED


RATE AMOUNT
House Keeping Staff (Male) 12 hrs x 7 days 2,300
Security Officer 12 hrs x 7 days 3,250
ANNUAL TOTAL

• (Above mentioned prices are excluding 5% VAT (Value Added Tax))


• Inhouse - Accommodation must be provided in the building
• Excluding Cleaning Materials

VI. ANNEXURE III (FACILITIES MANAGEMENT)

1. Introduction
The property manager is committed to the professional management of facility services and
are delighted to submit this proposal for the provision of Facilities Management Services
for _________ , Dubai, UAE.

COMPREHENSIVE PROPERTY MANAGEMENT AGREEMENT (CPM)


Initials by the Landlord Initials by the Property Manager
DOR
Real Estate

Both parties agree to the above clauses and sign this management agreement;

Mr. Ali Ahmad Ali DOR Real Estate


(The Landlord) (The Property Manager)
Represented by

Mr. Ahamed Ali


(General Manager)

Signature Signature

21st October 2019 21st October 2019

COMPREHENSIVE PROPERTY MANAGEMENT AGREEMENT (CPM)


Initials by the Landlord Initials by the Property Manager

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