Real Estate Regulatory Authority (RERA) Audits

Real Estate investment is one of the most prominent business sectors and a rapidly emerging market owing to its increasing growth rate of GDP and per capita income. Marking its presence in the UAE with its unprecedented growth, the real estate industry has positioned itself as a major contributor to the national economy. While this sector offers innumerable opportunities, it also includes a myriad of complexities.

To ensure its sustained growth in the economy, the Real Estate industry must be well structured with advanced technology and in compliance with global standards. Some real estate projects employ specialized lawyers or consultants to meet the challenges in the industry and expedite the process of registration and establishment. 

We are recognized as a premier real estate accounting and consulting firm. Our member firms are well-known for devising innovative strategies, identifying and analyzing complex real estate problems, and recommending viable solutions.

We are approved and listed auditor with Dubai Land Department to provide the services for the real estate businesses and arrangements

We possess tactful skills to analyse the project’s growth and its compliance with the applicable relevant laws. We have also assisted Real Estate Regulatory Agency (RERA) in developing the reporting process of Escrow Accounts audits for unfinished/under develop real estate projects.

We have been approved to review, study and analyse the service charges budget for the Associations to ensure that it has been prepared feasible as per the current competitive market offering.

The client roster includes the real estate divisions of some of the largest commercial banks, insurance companies and preeminent investment banking houses. Our partners have special expertise in servicing real estate clients and are attorneys as well as certified public accountants. Our branches have represented clients in highly complex real estate trans-actions, including refinancing, joint ventures and lease negotiations- amounting to billions of dollars. We have the technical know-how and insights to ensure your organization continues to grow in the competitive market.

Our Services include:

  • Partnership structuring and profit-sharingarrangements.
  • Service entity requirements.
  • Budgeting issues.
  • Management accounting.
  • Key business indicators.
  • Compliance with taxation laws.
  • Trust account compliance.
  • Private taxation services for the partners.
  • Escrow Account auditing
  • Trust Account service
  • Service charges Audit
  • Master community Audit
  • Mollak services
  • Budget reviews for Associations
  • Unit balance verification
  • Special Levy reviews

 

Contact Us

zayd
Zayd Maniar
International Liaison Partner