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The RERA (Real Estate Regulatory Authority) of UAE requires the audit of the projects registered with them in the UAE and for the same purpose, RERA has approved only 25 auditors in the UAE who are eligible to perform the real estate audit.
The Real Estate Regulatory Agency (“RERA”) was established in Dubai, UAE in the year 2007, is a government agency that formulates, regulates, manages and licenses various real estates related activities in Dubai.
Real Estate Developers and Jointly Owned Property Managers are required to get their project escrow accounts, financial accounts and service charge budgets audited annually for each ongoing project.
The step is part of RERA’s strategy to boost the adoption of good governance measures for the real estate sector and enhance transparency, thus strengthening investors’ confidence in the real estate sector.
Our expert team at Alya Auditors is well versed in ensuring compliance with stipulated RERA audit regulations and operation of Escrow Trust Account, Jointly Owned Property & Developer’s progress status, and has extensive experience of conducting audits as required by RERA.
Every Dubai Studio City Company (DSC) engaging an auditing service helps you eliminate any potential inconsistencies that might lead to fraud. We ensure that accounts are properly evaluated according to proper accounting standards as well as analyse how your business handles its accounts.
Alya Auditors a pool of experienced auditors in the UAE will ensure that your business operates within the guidelines as per the FTA and the Dubai Internet city freezone authorities through inspection of the financial records of your business. Assessing the business operations and performance, we will then provide a thorough risk assessment.
A qualified and capable auditor can be beneficial to your business in more ways than you think. Our auditors ensure that your business is always one step ahead and provides ample advice to ensure the overall efficiency of your business.
Alya Auditors are equipped with sufficient experience in the industry and we ensure that our clients are served based on our efficient and results-driven work ethics. Our audits are led by professionals and an in-depth understanding of your core business model.
Alya Auditors provides deep industry and functional expertise that will go a long way in helping your business prosper. Our experienced professionals are also trained to deliver high-quality audit services that may affect the future of your business.
Regulatory standards are ensured to be complied to by the internal policies and procedures of your company.
A broad audit that has the combination of financial and operational audits with information technology will be used to assess the quality other compliance materials that are in need of analyzing.