Real Estate audit services in Dubai Checking the Finances of Property Businesses Real estate is about land and buildings, and it's a big and growing industry in the United Arab Emirates (UAE). To do business in real estate, companies need to follow the rules. The Real Estate Regulatory Authority (RERA) in the UAE makes sure that all registered projects go through an audit. This audit, done by Real Estate Auditors in Dubai, looks at a company's financial matters to make sure everything is managed and reported correctly.
Every real estate project registered with RERA must have an ESCROW account. In Dubai, the regulatory body also does its own checks to see how much of the construction work is done. If a developer is registered with RERA, they must submit an audit report every year for completed projects. RERA sets the rules for many real estate activities in Dubai.
An audit in the UAE makes sure that your real estate business follows all the right rules. The audit focuses on the company's money, how transactions are managed, and the records. From a money perspective, the audit checks all the money that comes in and goes out during a specific period. This includes sales revenue and money from outside investors. The audit also makes sure that all transactions follow the local real estate laws in the area where you do business. To prove this, you need good records, and RERA-approved auditors in Dubai can help with that.