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By aiming to take the life quality to an upper level with the whole realized Projects, Al-Mubadarah continues to be the address of luxury.

5asec UAE, Burj Residences Tower - 9 Emaar Blvd - Downtown Dubai
+(971) 5 594 3434

[email protected]

© 2019 Al-Mubadarah | Real Estate & Luxury Homes
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Almubadarah to proceed with capital restructuring

During the recently held Annual General Meeting (AGM), shareholders approved the Board of Directors’ recommendation to reduce Almubadarah’s capital from AED5.78 billion to AED4.55 billion. Shareholders authorised Almubadarah’s CEO and /or any members of the Board of Directors to undertake the necessary procedures and steps to allow the company to complete its capital restructuring.

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Almubadarah rebrands Owners Association Management division as Almubadarah Community Management

Following DOAM’s 11-year history of serving home owners across Dubai, Almubadarah rebranded the division in accordance with Law No. (6) of 2019 concerning Jointly Owned Property in Dubai, which implements a fundamental shift in the real estate industry by transitioning from owners’ associations, and transferring responsibility for jointly-owned properties to management entities, such as Almubadarah CM under the regulatory supervision of the RERA.