Reserve Fund Studies

Plan for major repairs in shared buildings, with contributions set on evidence.

Budget planning for building repairs and replacements

Fund Tomorrow's Major Works Today

Lifts, roofs, façades, chillers and pumps all wear out. A reserve fund spreads the cost of replacing them over the years, so owners are not faced with sudden special charges.

A reserve fund study surveys the shared parts of a building, estimates the remaining life and replacement cost of each component, and sets out the yearly contribution needed to keep the fund sound.

What a Study Covers

A clear plan the owners, the association and the manager can all follow.

01Component RegisterEvery shared element and system, listed and described.
02Condition SurveyThe state and remaining useful life of each component.
03Replacement CostsWhat each replacement would cost at today's rates.
04Funding PlanA year-by-year forecast of spending and fund balance.
05Contribution ScheduleThe yearly amount needed, ready for the budget.
06Review DateWhen the study should next be brought up to date.

How It Works

A survey, the numbers and a plan.

Documents

Drawings, asset registers, maintenance records and the current fund balance.

Site Survey

Common areas, plant rooms, the roof and the façade inspected.

Analysis

The life and replacement cost of each component worked out.

Report

The funding plan and contribution schedule, explained in plain terms.

Who It Is For

01Owners' AssociationsResidential, commercial and mixed-use buildings.
02Community ManagersProperty and facility management companies.
03Master CommunitiesShared infrastructure across a development.
04DevelopersSetting the fund before handing over to owners.

Why Choose Reliant Surveyors

Independent figures that owners can trust and managers can budget on.

Independent

No ties to contractors or suppliers, so the costs are the real costs.

Surveyors and Cost Specialists

Condition and cost assessed by one team.

Clear Schedules

A plan set out so that every owner can follow it.

RICS Regulated

Work carried out to recognised professional standards.

Request a Reserve Fund Study

Tell us about the building or community; we will propose the scope, timetable and fee.

Phone: +971 4 255 4683
Email: [email protected]
Location: 806, Capital Golden Tower, Business Bay, Dubai, U.A.E

Request a Proposal

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Frequently Asked Questions

Money set aside by the owners of a jointly owned property for major repairs and the replacement of shared components, kept separate from day-to-day running costs.

From the replacement cost and remaining life of each component, the current fund balance and expected cost inflation, so that the fund can meet each replacement when it falls due.

Good practice is to refresh it every few years, and after major works, because the condition of components and the cost of replacing them change over time.

Yes. The reserve fund contribution forms part of the yearly service charge, and the study provides the evidence behind it.

As-built drawings, an asset register if one exists, maintenance contracts and records, details of recent major works and the current fund balance.

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