Al Fajer Properties Successful Performance Now Measurable.Summary: Al Fajer Properties is pleased to announce that its performance-based direction is now measurable by an established construction standard whereby attaining the highest level of transparency on its projects. Al Fajer Properties Successful Performance Now Measurable Al Fajer Properties is pleased to announce that its performance-based direction is now measurable by an established construction standard whereby attaining the highest level of transparency on its projects. The developer said it has voluntarily engaged an independent RERA RERA Real Estate Regulatory Authority (Dubai, UAE) RERA Respiratory Effort Related Arousal RERA Redwood Empire Remodelers Association (Real Estate Regulatory Agency regulatory agency Independent government commission charged by the legislature with setting and enforcing standards for specific industries in the private sector. The concept was invented by the U.S. ) based third party construction audit, the results of which confirms that work on phase 1 has neared 80% completion and 15% of construction has been completed on phase 2 (including the Ebony and Ivory This article is about a musical recording. For the fictional handguns, see Dante (Devil May Cry). "Ebony and Ivory" is a 1982 number-one single by Paul McCartney, performed with Stevie Wonder. It was released on March 29 of that year. Towers). Progress on the project can be monitored on the official RERA website. The audit affirms that Al Fajer properties have attained the highest level of transparency with its projects. The impressive turnaround of the company started with an aggressive managerial restructuring that set a new direction for itself in early 2008. This was followed by a financial restructuring that resulted in a strengthening of the balance sheet by AED AED - Automated Engineering Design 3.2 Billion. The Phase 3 of the restructuring involved removal of inefficiencies and strengthening of the company's operational capabilities culminating in a four day construction cycle per floor and the building of 5 towers (Phase 1) in record time, due for hand over in the last quarter of this year. As a result of this operational excellence, AFP (1) (AppleTalk Filing Protocol) The file sharing protocol used in an AppleTalk network. In order for non-Apple networks to access data in an AppleShare server, their protocols must translate into the AFP language. See file sharing protocol. has also become the first developer in Dubai to use the Oqood system in its entirety demonstrating the highest level of compliance. Confirming the milestone achievement, His Highness high·ness n. 1. The quality or condition of being high. 2. Highness Used with His, Her, or Your as a title and form of address for a prince or princess: Sheikh sheikh or shaykh Among Arabic-speaking tribes, especially Bedouin, the male head of the family, as well as of each successively larger social unit making up the tribal structure. The sheikh is generally assisted by an informal tribal council of male elders. Maktoum bin Hasher Al Maktoum Al Maktoum (المكتوم in Arabic) is the family name of the ruling dynasty of the emirate of Dubai, United Arab Emirates. The Al Maktoum family is a branch of the Bani Yas tribe (a lineage the family shares with the Al Nahyan dynasty of Abu , President of Al Fajer properties, said: "Often times in the past, some companies in the sector, were led by brokers and sales agents who did not adhere to adhere to verb 1. follow, keep, maintain, respect, observe, be true, fulfil, obey, heed, keep to, abide by, be loyal, mind, be constant, be faithful 2. sound business methodologies as it was very easy to sell real estate due to the excessive demand in the market. However, today Dubai like any developed economy is returning to fundamentals Therefore, companies that have a strong focus on management and performance as their core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
His Highness further went on to commend RERA on its proactive approach helping to achieve full transparency in line with RERA's goals and aspirations for the real estate sector. "We applaud RERA in helping to further boost investor confidence. We believe that the Dubai market has matured and is best positioned to take advantage of any market recovery even though we may still face difficult times for the remainder of this year. We believe that we have past the bottom in terms of bargain property prices for completed projects and projects under construction. With the introduction of third party construction auditors by RERA and publication of their results, RERA is in mid stream of changing Dubai's real estate market to a factual and rational one, maintaining the highest level of transparency," said His Highness Sheikh Maktoum Bin Hasher. Over the past few years RERA has been diligently working with the Dubai Land Department, developers and its preferred partners to bring transparency and clarity to Dubai's burgeoning real estate market. In a market ruled by disinformation dis·in·for·ma·tion n. 1. Deliberately misleading information announced publicly or leaked by a government or especially by an intelligence agency in order to influence public opinion or the government in another nation: the completion of such a voluntary exercise by AFP over the last month only further helps to prove the facts on the ground showcasing the concrete results achieved by the new management team. 2009 Al Bawaba (www.albawaba.com) 2009 Al Bawaba (Albawaba.com) Provided by Syndigate.info an Albawaba.com company |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion