MHM is one of the top auditing firms in UAE, providing a wide range of auditing services for Relators. Real estate in UAE is one of the most important industries, attracting many investors to invest and reside in it. Therefore, to ensure the sustainability and growth of the real estate industry, there was a set of structures, regulations and technologies applied to govern the industry of real estate to be aligned with the global market. Majority of successful real estate project in UAE was audited by consultants or lawyers to overcome the challenges and speed up registration.
As per RERA regulations, its mandatory to review the service charge budget to align your service charge figures with the industry standards and RERA guidelines. Our auditors will ensure that the budgeted expenses and allocations are reasonable and in line with industry standards.
MHM Strata auditors will help you to build trust and transparency among the investors and increase project credibility by giving a clear picture to RERA about the development progress.
MHM will provide you with a comprehensive financial statement about your expenses, revenues, funds usage, equity, cashflow and balance sheet.
As part of owner’s association services we provide real estate financial, operational and compliance audits.
Our team of experts will help you identify the completion status of your development project and areas of shortages to be recovered according to the applicable rules and regulations.
MHM will assist you to get an insight into your business financial situation, identify risk areas and recover risk mitigation or elimination solutions.
As the main regulator for real estate activities in Dubai, RERA requires all developers registered with RERA to have an ESCROW account and conduct an independent audit to identify the completion status of the project to submit annual audit report for all completed projects.
As per the regulations of RERA, the real estate businesses are required to get their real estate audit performed annually for every project under development.