{"id":1458,"date":"2017-08-16T09:50:00","date_gmt":"2017-08-16T09:50:00","guid":{"rendered":"http:\/\/139.59.38.172:8081\/?p=1458"},"modified":"2020-05-29T11:39:06","modified_gmt":"2020-05-29T11:39:06","slug":"adcp-abu-dhabi-commercial-properties","status":"publish","type":"post","link":"https:\/\/www.mymoneysouq.com\/financial-blog\/adcp-abu-dhabi-commercial-properties\/","title":{"rendered":"ADCP – Abu Dhabi Commercial Properties"},"content":{"rendered":"\n

Overview:<\/strong><\/h3>\n\n\n\n

ADCP is a subordinate of Abu Dhabi Commercial Bank<\/a> which currently works over the entire UAE, providing services <\/span>banks in UAE<\/a> and exclusive properties. ADCP\u2019s work is property management along with construction in the UAE. Currently, ADCP manages 55 million sq\/ft of buildings and development of more than 750 buildings which includes residential apartments, villas, commercial properties and much more.<\/p>\n\n\n\n

ADCB has signed a Memorandum of Understanding with the government of Abu Dhabi, of which ADCB will be dealing with the administration of the Commercial Buildings Financing Scheme(CBFS). In order to handle this, ADCB founded a subsidiary company, the ADCP Properties<\/a> to maintain the flow of constructions and management in Abu Dhabi. It has been started with a motto of providing high-quality property services to the customers. ADCP Properties is responsible for the execution of the Tawtheeq System.<\/p>\n\n\n\n

Tawtheeq System:<\/strong><\/h3>\n\n\n\n

The Tawtheeq system is a registration scheme directed towards a systematic approach for registration, purchase, and sale of property in Abu Dhabi. This is a registration system was launched in Abu Dhabi in 2011. The Tawtheeq system involves two stages:<\/p>\n\n\n\n

Phase 1:<\/strong><\/b> <\/strong>Property Registration – To be done by the landlords.<\/p>\n\n\n\n

Phase 2:<\/strong><\/b> Registration of Tenants – To be done by tenants by providing all the details of their rent, tenancy contract, etc.<\/p>\n\n\n\n

Services by ADCP:<\/strong><\/h3>\n\n\n\n

The work of this venture can in this way be separated into three particular divisions: Construction management, Property management, and Facilities management.<\/p>\n\n\n\n

ADCP has undertaken a huge contract of construction, for entire Abu Dhabi which includes the construction of multiple levels high rise towers to villas for residential and commercial purposes.<\/p>\n\n\n\n

Apart from the construction works, ADCP also handles property management, whereby the company analyses your property and offers insights and consultation for maintenance which would not reduce the value of the property; perhaps increase it further in the future.<\/span><\/p>\n\n\n\n

ADCP professionals offer and manage the following services:<\/span><\/p>\n\n\n\n