Industries · Real Estate

UAE real estate, handled properly.

Tax, accounting, and audit-readiness for UAE real estate companies — developers, brokers, property managers, and Jointly Owned Property Developments. ACCA-supervised, IFRS-compliant, FTA-aligned.

What we do for real estate

IFRS 15 revenue recognition

Off-plan sales recognition under input vs output methods, milestone-based revenue, deferred revenue tracking, contract modifications.

JOPD accounting

Jointly Owned Property Development books, service-charge reconciliation, reserve fund management, owners' general assembly reporting.

Escrow accounting

RERA escrow account reconciliation, fund-release tracking, project completion ratios, and dedicated reporting to RERA.

VAT on real estate

Residential vs commercial VAT treatment, off-plan sales, first-supply rules, capital-asset scheme adjustments, designated-zone supplies.

Corporate Tax positions

QFZP eligibility for free-zone developers, transfer pricing on intra-group property transactions, Pillar Two scoping for large groups.

Audit-ready working papers

Project-by-project working papers, intercompany loan reconciliations, fixed-asset registers prepared for FTA-accredited audit firms.

The five risks we monitor for you

1
Misapplied IFRS 15Recognising off-plan revenue at the wrong stage — over-time vs point-in-time — distorts both Corporate Tax and management accounts.
2
VAT on first supply errorsThe first supply of a new residential building is zero-rated only if conditions are met. We track the 3-year window and capital-asset adjustments.
3
QFZP de minimis breachFree-zone developers can lose QFZP status if non-qualifying income exceeds 5% / AED 5M. We track continuously, not annually.
4
Related-party property transfersIntra-group transfers at non-arm's-length prices trigger transfer pricing adjustments under UAE TP rules.
5
Service-charge reconciliation gapsJOPD service charges that don't reconcile to OAGM-approved budgets are a common audit qualification cause.

Free real estate compliance review

Book a 30-minute call. We'll review your IFRS 15 stance, QFZP eligibility, and statutory filing calendar for your real estate book.

Book your free review →