Real Estate & Property Accounting

Developer escrow audits, Mollak service-charge accounts, broker books, and VAT on commercial leases.

What we do

Real estate in the UAE comes with its own rulebook. Off-plan developers need annual RERA escrow audits under Dubai Law 8 of 2007. Jointly-owned properties need service-charge accounts filed through the Mollak system. Brokers, property managers, and holding companies face 9% Corporate Tax once they cross the threshold, and commercial leases carry 5% VAT while residential supplies are exempt (with the first supply zero-rated). We handle the bookkeeping, reporting, and compliance across all of it, so your developer, brokerage, or property portfolio stays audit-ready year-round.

What’s included

  • →RERA escrow account bookkeeping and audit preparation (Dubai Law 8 of 2007)
  • →Mollak service-charge reporting and JOP account audits
  • →Owner Association (OA) and community management company accounting
  • →Real estate broker trust account reconciliation and commission tracking
  • →VAT treatment for commercial vs residential sales and leases
  • →Corporate Tax compliance for developers, brokers, and property managers
  • →IFRS-compliant financial statements for off-plan projects
  • →Service-charge budget preparation and variance reporting
  • →Coordination with RERA-approved auditors for sign-off

What happens next:

We review your project or portfolio, identify which audits and filings apply (escrow, Mollak, CT, VAT), and give you a fixed annual fee that covers the full compliance cycle.

Indicative Pricing

From AED 6,000/year

Available add-ons

Audit coordination

From AED 2,000

Backlog bookkeeping (UAE)

From AED 500/month

Final fee confirmed after free consultation

Not sure if this is right for you?

All new clients get a free 30-minute consultation before any commitment. We’ll assess your situation and recommend exactly what you need.

Frequently asked questions

Under Dubai Law 8 of 2007, every developer selling off-plan units must hold buyer payments in a RERA-supervised escrow account and file an annual audit on that account. The audit traces every deposit and disbursement against construction milestones. We prepare the books and working papers so a RERA-approved auditor can sign off without friction.

Mollak is the DLD/RERA e-system that monitors service charges for jointly-owned properties in Dubai. Invoices, collections, and disbursements all flow through a supervised trust account, and owner associations must file audited service-charge accounts annually. We handle the bookkeeping, budget preparation, variance reporting, and audit coordination.

Yes. Licensed brokerages, property managers, and developers are all within scope of the 9% Corporate Tax once profits exceed AED 375,000. Individual investors running a licensed real estate activity become taxable once turnover crosses AED 1 million in a calendar year. We assess your position, register you with the FTA, and file the return.

Commercial property sales and leases are standard-rated at 5%. Residential supplies are generally exempt, except the first supply of a new residential property within three years of completion, which is zero-rated. We make sure your bookkeeping correctly classifies each transaction so you neither overpay nor miss an input-tax recovery.