Real Estate Advisory · Built for property
From developer accounting and escrow reporting to service charge and investor reporting — finance built for property.
RERA service charge accounting is the process of managing, reporting, and reconciling the service charge budgets and actuals for Dubai residential and commercial communities under the Real Estate Regulatory Agency (RERA) framework. Property developers and owners' associations collect service charges from unit owners through RERA's Mollak system, which processes payments electronically and enforces the approved budget. Under Law No. 8 of 2007, developers acting as interim managers must maintain escrow accounts for buyer payments, release funds only against verified construction milestones, and report the escrow position to the Dubai Land Department. TruAccountants specialises in RERA service charge budget preparation, Mollak reconciliation, escrow account reporting under Law No. 8, and investor reporting for UAE real estate portfolios — a niche that requires combined expertise in IFRS 15 revenue recognition, property management accounting, and UAE regulatory compliance.
Overview
Real estate has its own rules — off-plan revenue recognition, escrow regulation, service-charge governance and investor reporting. We bring specialist, regulator-aware finance to developers, owners’ associations, funds and investors across the UAE.
How it works for you
Specialist, regulator-aware reporting — from DLD/RERA-aligned escrow drawdowns to transparent service charge and investor reporting.
What’s included
Developer and SPV accounting with IFRS-compliant revenue recognition and cost-to-complete reporting.
Owners’-association budgets and accounting aligned to the DLD/RERA (Mollak) framework.
Project feasibility and financial modelling with sensitivity and scenario analysis.
Escrow-account reporting aligned to Law No. 8 of 2007 — drawdowns and milestone reconciliations.
Periodic investor and fund reporting — statements, distributions and NAV.
Yield, occupancy and performance analytics across a portfolio.
Deliverables
Client benefits
Our process
Understand the asset, structure and regulator requirements.
Establish ledgers, budgets and reporting templates.
Deliver regulator- and investor-ready reporting.
Analytics and guidance to improve performance.
Book a consultation, or run a free business assessment.