Abu Dhabi – Mubasher: Farnek was awarded a one-year facilities management contract for Al Rabiah development in Khalifa City A, according to a bourse statement.
Managed by First Gulf Properties, the development consists of 62 three-, four-, and five-bedroom family villas.
Under the contract, which starts immediately, Farnek will provide specialised support services covering all mechanical, electrical, and plumbing (MEP) requirements, in addition to general cleaning, waste management, pest control, management of the Defects Liability Period (DLP), and swimming pool cleaning.
A team from Farnek will also be on-site to provide lifeguard services, gym instruction, concierge duties, and other soft facilities management services.
“Rental rates for a five-bedroom villa start from AED 230,000 per annum denoting a certain element of exclusivity which is sure to be popular with expat families,” Farnek CEO Markus Oberlin said.