Reserve Fund Study
Structured assessment of building condition and maintenance liabilities to support RERA Reserve Fund Study requirements - with capital projections and funding recommendations.
Quick Answer
New Nordic provides the engineering condition assessment behind a RERA Reserve Fund Study - quantifying building condition, future maintenance liabilities and capital expenditure so Owners Associations can fund the reserve fund correctly.
A reserve fund built on real engineering data, not estimates, protects owners from surprise levies and keeps the building properly maintained over its life.
Who This Is For
- - Owners Associations
- - OA management companies
- - Developers handing over
- - Asset managers
When It Is Needed
- - RERA reserve fund requirement
- - Annual budget planning
- - Developer handover
- - Reviewing existing reserves
What Problems This Service Solves
A reserve fund is only as good as the condition data behind it. Engineering assessment replaces guesswork with quantified liabilities.
Underfunded Reserves
Reserves set without engineering data are usually too low. Assessment quantifies the real future liability.
Surprise Capital Levies
Unplanned major repairs force sudden levies on owners. Forward planning spreads cost predictably.
Unknown Maintenance Liabilities
Hidden structural deterioration is a deferred cost. We surface and cost it before it becomes urgent.
Handover Disputes
At developer handover, condition must be documented. Assessment provides an objective baseline.
Compliance Gaps
RERA requires a proper reserve fund study. Our engineering assessment provides its technical foundation.
Poor Budget Confidence
Boards cannot defend budgets they cannot justify. Data-backed projections give owners confidence.
The Study Process
Scope
Define building components and study scope
Condition Survey
Assessment of structure and major components
Liability Analysis
Remaining life and maintenance liability of each
Capital Projection
Time-phased capital expenditure forecast
Study Report
Funding recommendations for the reserve fund
Methods & Equipment
Condition data feeding the study comes from our in-house assessment capability, so funding projections rest on real engineering evidence.
Structural Condition Survey
Assessment of structure and major building components.
Remaining-Life Analysis
Service-life projection of each major component.
NDT Where Required
Targeted testing of critical structural elements.
Component Costing
Replacement and maintenance cost of major components.
Capital Forecasting
Time-phased capital expenditure modelling.
Funding Analysis
Reserve contribution levels to meet future liabilities.
What You Receive
Every New Nordic engagement produces bespoke engineering deliverables - not a template. Where applicable, work is stamped by a qualified professional engineer and accepted by Dubai Municipality.
Reserve Fund Study Report
Engineering report supporting the RERA study
Condition Baseline
Documented condition of structure and components
Capital Expenditure Forecast
Time-phased projection of major costs
Remaining-Life Schedule
Service life of each major component
Funding Recommendations
Reserve contribution levels to stay solvent
Handover Documentation
Objective baseline for developer handover
Why New Nordic
In-House NDT Equipment
All key equipment owned and operated in-house - no delays waiting for subcontractors.
48h Mobilization
Engineers on site within 48 hours of signing for urgent structural work.
PI Insurance Active
Professional Indemnity Insurance active on all engagements. Client protection built in.
One Responsible Partner
From inspection to certification to remediation - single accountability throughout.
Related Services
Portfolio Inspections
Coordinated inspection and compliance programmes across multiple buildings with consolidated reporting.
Structural Service Life
Assessment of remaining structural service life to inform maintenance and investment decisions.
Building Certification
Quality & Safety Certificate delivery for Dubai Law No.3, managed end to end under one contract.
Frequently Asked
What is a reserve fund study?
It is an assessment of a building's condition and future maintenance liabilities that determines how much an Owners Association must set aside to fund major repairs over time.
Is this required by RERA?
RERA requires Owners Associations to maintain a reserve fund. Our engineering assessment provides the technical foundation for a proper reserve fund study.
How does it protect owners?
By forecasting major costs and setting correct contributions, it prevents surprise capital levies and keeps the building properly maintained.
Can you assess at developer handover?
Yes. We provide an objective condition baseline at handover, supporting both the reserve fund and any handover disputes.
How is the capital forecast built?
From the assessed remaining life and replacement cost of each major component, modelled into a time-phased expenditure forecast.
Ready to Start
Talk to Us About Reserve Fund Study
Send us your building details. Our engineers will review and provide a detailed proposal within 48 hours.