Stratum is an established Owners Association Management company operating in Dubai, UAE.
Stratum Owners Association Management services ensures full compliance with all requirements under Law No. 27 concerning ownership of Jointly Owned Property.
For financial year 2018-2019, Stratum had revenues worth $12m (AED47m). The most important Middle Eastern markets for the company are the UAE, Saudi and Oman.
Saeed Al Fahim, chief operating officer, says: “Stratum has addressed the difficulties in collecting service levies from previous years. For the next 12 months, we are expecting to face the same kind of challenges. But in this regard, Stratum has laid and implemented an advance solution by engaging dedicated staff and implementing contact policies which includes SMS, direct calling etc., in order to communicate with owners. The owners are explained why the funds are needed by regular issuing of newsletter updates on finances and proposed maintenance projects.”