Coronavirus: UAE property management firm to give tenants 45-day rent waiver

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Sultan bin Ali Al Owais Real Estate owns and manages a portfolio of over 3,000 properties across the UAE

A Sharjah-based property management firm that looks after thousands of properties across the UAE has announced a 45-day rent waiver for all tenants.

Sultan bin Ali Al Owais Real Estate, which develops properties to rent, owns and manages a portfolio of over 3,000 properties across the UAE.

Haleema Al Owais, CEO, Sultan Bin Ali al Owais Real Estate, said the decision came in line with prevailing global conditions from the coronavirus pandemic.

“Tenants that have been with us for decades are practically family for us,” said Haleema Al Owais, CEO, Sultan Bin Ali al Owais Real Estate.

“While battling the spread of Covid-19 is the responsibility of every UAE resident through social distancing and other measures, we just want to make sure that our tenants have one less thing to worry about during these difficult times.”

Sultan Bin Ali Al Owais Real Estate, which was established in 1972, operates as a ‘holistic conglomerate’ with all functions of rental real estate like facilities management and security under its own umbrella through its offices in Dubai and Sharjah.

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