A practical overview of the records UAE developers should maintain for RERA escrow accounting and reporting.
RERA escrow accounting needs clean project-level records
Developers need reliable project ledgers, buyer collections, contractor payments and escrow movement tracking. A generic chart of accounts is usually not enough for this work.
What should be monitored
- Buyer receipts by unit and project
- Escrow withdrawals with approvals
- Construction cost allocation
- Audit-ready supporting documents
When these records are maintained from the start, reporting becomes faster and compliance risk is reduced.
