Using Modern Technologies for Property Management

Real estate investment is one of the most important pillars driving the economy worldwide, especially with the growing demand for various types of real estate products, including commercial centers and residential units. When it comes to leasing and other administrative aspects in commercial centers and residential units, there is an urgent need for highly professional specialized companies that handle lease management, maintenance, payments, and other administrative tasks. Recently, with the emergence of technological advancements, electronic programs and applications for property management are now connected to accounting and financial networks. These programs allow entering complete client data during the leasing process, offering options for contract printing and transferring payments to finance departments to regulate the relationship between property owners and tenants.

The Ministry of Municipal and Rural Affairs and Housing has not been isolated from these rapid technological developments. It has initiated governance procedures for the real estate rental sector by introducing the "Ejar" platform, which documents lease contracts through unified electronic systems, leading to a decrease in the number of rental cases filed with the Ministry of Justice.

Property maintenance is a fundamental component of all real estate management programs and applications. These programs offer services such as property inventory, data collection, reporting maintenance issues, and providing periodic maintenance along with maintenance reports that are reviewed and verified by relevant authorities before being included in owners' accounts. Additionally, these programs promote properties by displaying their images and specifications on applications, websites, and social media platforms, attracting more tenants.

Aswar Al Asimah Company is working on developing the "On.One" real estate platform, which assists property owners in managing their properties by providing periodic maintenance services and collecting financial dues. This platform addresses significant challenges faced by property owners who manage their properties traditionally. The application offers property management services according to the highest professional standards, including lease contracts, collection, follow-up on government and legal procedures, security and safety organization, maintenance coordination, garden coordination, and more. The expansion of using the "On.One" application starts from Riyadh and reaches all cities in the Kingdom of Saudi Arabia and even extends beyond, aiming to meet the increasing demand for real estate property management programs and applications, ensuring the provision of high-quality services that align with modern technologies and the development efforts of various types and categories of properties.