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Financial Management Services

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  • Opening, operating and reconciling a trust account in the name of Owners Association,including the collection and banking of owners maintenance payments and other receipts into this bank account.
  • Preparation of annual service charge budgets.
  • Establish and maintain General and Reserve Funds.
  • Collect and deposit service charge contributions.
  • Monitor service charge in arrears and implement collection.
  • Process and pay invoices for work carried out on behalf of the owners association.
  • Compile and maintain all accounting records.
  • Accounting for and reporting on all technical, administrative,financial and regulatory matters.
  • Prepare and present quarterly financial budgets and statements.
  • Arrange annual financial audits

  • The Board have always found Reliance Owners Association to be professional in their responses and dealings with the association.

    Opal Towers Owners Association

    Amit Sarda, Chairman

    Dubai

  • As the Owners Association Manager, ROAM was able to develop Grandeur Residences Community on many levels after the transition from the Developer. Appreciated

    Grandeur Residences Owners Association

    Sachar Harjeet Singh, Chairman

    Dubai

  • Reliance is our FM contractor and they are doing an excellent Job! We appreciate their services.

    VMware Technologies

    Operations Manager

  • We have only good words for the RFM team that has been taking care of our Towers. The team has a good attitude and problem-solving approach which has kept downtime low and costs under budget. The monthly review meetings and reports meet our SLAs and continue to renew their contract each year.

    Dubai

  • The team is managing multiple outlets of our Optical retail stores and have devised a proper process for recording complaints and resolving them within agreed time frames. We are happy with their performance and look forward to working with them on our other projects soon.

    Opticals Company

    Dubai

  • Ours is a diverse community with multiple nationalities and our board is constituted with similar representation. Reliance OAM team has been a reliable manager for the community affairs and they have at times gone the extra mile to ensure fiscal discipline and community care.

  • Reliance OAM managers take an active role in running the tasks ordained by RERA and are well conversant with the guidelines and regulations. Our experience has been very positive and the board is happy with their performance. The management of the company is progressive and open to feedback and ideas.

  • We are in the third year of our association with Reliance and needless to say that the continuation of their service is testament of their good service. We get all checklist ticked when we review and feedback from our community members is also good.

  • Reliance is always ready to share their experience from other communities that they manage and are likewise not shy to learn from tough challenges when dealing with a board with diverse expectations. The team goes by the book but at times has been flexible to meet our requirements. We share a good rapport with the senior management during periodic reviews.

  • Thank you for fixing the AC issues in my villa. Appreciate your honest assessment and attention to my problem.

  • I will not hesitate to recommend your handyman services as I am happy with the speed with which you fixed the plumbing and sorted some woodwork problem in my apartment.

  • I was not sure if you will actually come late night to fix my airconditoning. It would have been a very uncomfortable night if not for your technician Rajesh who was knowledgeable and fast. He had come prepared with the spares required to fix the problem. Thanks very much

Projects

  • Modelux Tower 1

    Modelux Tower 1

    Al Warsan

    Property Description : Colourful Modern Elegant design building equipped with the state of Art facilities strategically located in Al Warsan 04 International city near Mohammad bin zayed Road and easy and Direct access to every prime location of Dubai.

    Beautiful Spacious Studio Apartment and Ample modern touch Balconies to fulfil your livelihood and refresh yours Mood.

    Modelux Tower features perfectly integrated luxury and utilities : Garden
    Swimming pool
    Modern Gym
    BBQ Area
    Spacious Private balconies
    Attractive Lobby space
    Built In Wardrobes
    Fully Fitted Kitchen

  • Riah Tower

    Riah Tower

    Culture Village

    Property Description : Riah Tower by Aldar is a 17 storey residential development comprises of residential and commercial units. Located in Dubai Culture Village, the freehold area adjacent to the Central Business District.

    The winds of art and culture envelop you from the minute you step into the glorious foyer. Each of the 156 meticulously planned, spacious studios, one, two and three bedroom apartments and luxury penthouses combine age-old luxury with contemporary emirati architecture.

    Features and Amenities : 24 hour security
    State of the art Swimming Pool
    Well-equipped gym for Men and Women (Separate)
    Steam and Sauna for Men and Women

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