UAE real estate — developers, brokers, mortgage intermediaries, property managers, REITs and family offices holding investment property — operates inside one of the most actively regulated environments in the country.
Real estate rewards patient capital. But the accounting must keep up with both the patience and the capital — from off-plan sales recognition to escrow scrutiny and complex VAT rules.
Revenue recognition depends on contractual enforceability, right to payment, construction progress and whether the asset has alternative use.
Project costs, escrow withdrawals, sales receipts and construction progress must reconcile cleanly for regulatory and audit review.
Residential, commercial and mixed-use developments can carry different VAT treatments across the same project.
IAS 40 fair value versus cost treatment affects reported profit, tax planning, dividends and investor reporting.
Accounting bottlenecks that create legal, tax and audit risk for UAE real estate businesses.
Weak SPA wording or missing legal opinions can force point-in-time recognition, deferring revenue and creating major P&L volatility.
Escrow withdrawals, sales receipts, project costs and milestone progress must be reconciled accurately to avoid compliance issues.
First supply, second supply, commercial units, mixed-use projects and service charges each require correct VAT treatment.
The investment property policy choice affects reported profits, dividend planning, tax positions and investor communication.
Rental yields, capital gains, trading profits, free-zone structures and entity ownership need careful Corporate Tax planning.
A complete accounting, tax and advisory function built around the way real estate businesses actually work.
We run project-level ledgers from land cost through development cost, escrow movement, sales contracts, handover and rental-roll reconciliation.
We handle VAT treatment, mixed-use apportionment, CT structures for brokers and real estate businesses.
We prepare IFRS 15 revenue memos, escrow reconciliations, audit packs and fair-value disclosures with valuation support.
We provide project cash-flow dashboards, IRR tracking, sales velocity, rental-yield analytics and exit-tax planning.
Tell us about your real estate business, projects, escrow needs and tax challenges. We’ll come back to you within one working day.
