At SAS Partners — Ahmed Mahfoudh Chartered Accountants & Auditors, we audit Owners Association and Master Community accounts across Dubai, verifying service charge collections, common area expenditure, and reserve fund balances against RERA's Jointly Owned Property regulations. Our audits give owners, developers, and management companies a clear, independent view of where community funds actually go.
Book Free ConsultationOwners Associations collect substantial service charge revenue every year to maintain shared facilities, yet owners rarely have visibility into how that money is actually spent. A strata audit independently verifies the OA's financial statements, confirming that service charge income, maintenance expenditure, and reserve fund contributions are recorded accurately and used for their intended purpose.
We work with Owners Associations, management companies, and developers across Dubai to deliver RERA-compliant strata audits that satisfy the Real Estate Regulatory Agency's Jointly Owned Property Declaration requirements. By producing a transparent, independently verified financial picture, we help resolve owner disputes, support budget approvals, and keep community management accountable.
Meeting the Real Estate Regulatory Agency's annual audit obligation for Owners Associations under the Jointly Owned Property Law.
Verifying that owner contributions were collected correctly and applied to genuine common area maintenance and operating costs.
Confirming reserve fund balances are adequately funded and safeguarded for future major maintenance and capital works.
Independent examination of OA financial statements for accuracy, completeness, and RERA compliance.
Testing owner billing records against unit entitlements to confirm accurate service charge invoicing.
Auditing maintenance, security, cleaning, and utility costs charged against the shared community budget.
Evaluating whether reserve fund contributions align with the community's long-term maintenance plan.
Reviewing financial records during a change of facilities or property management company.
Providing independent financial evidence to resolve service charge disputes raised by unit owners.
Understanding the community's unit entitlements, approved budget, and service charge basis.
Verifying service charge collections and common area expenses against supporting invoices and contracts.
Confirming reserve fund balances, bank statements, and OA fund segregation are correctly maintained.
Issuing the independent audit report ready for OA board approval and RERA submission.
Discovery call with the OA board or management company to scope the audit.
Gathering budgets, invoices, bank statements, and owner billing records.
Verifying transactions, reconciling reserve funds, and testing service charge accuracy.
Delivering the signed audit report ready for board approval and RERA submission.
Our team of DDA-approved and RERA-familiar auditors has reviewed community accounts across freehold developments, gated villa communities, and mixed-use towers throughout Dubai, working directly with OA boards, developers, and licensed facilities management companies.
Discover MoreService charge and common area audits for high-rise apartment communities.
Reserve fund and landscaping expenditure reviews for master villa developments.
Multi-declaration audits covering retail, residential, and commercial unit categories.
Consolidated audits across sub-associations reporting into a master community structure.
Independent verification of accounts managed on behalf of Owners Associations.
Handover-stage and ongoing audits for developers retaining common area responsibilities.
Sami Abdallah leads the firm with expertise in accounting, audit, tax advisory, and consulting. He provides strategic guidance and supports long-term business growth across the UAE.
Ahmed Mahfoudh manages audit assignments and financial reviews with a focus on accuracy, compliance, and risk assessment. He delivers clear insights to strengthen financial control.
Ahmed Elbadawi provides legal guidance, contract management, and compliance support. He helps protect business interests, reduce risks, and ensure smooth legal operations.
Ahmed Samir specializes in UAE VAT, corporate tax, and compliance services. He supports businesses in managing tax obligations while improving financial efficiency and compliance effectively.
Under RERA's Jointly Owned Property regulations, Owners Associations are generally required to have their annual financial statements independently audited before service charge budgets can be approved and submitted to the Real Estate Regulatory Agency.
A strata audit reviews service charge collections, common area operating expenses, reserve fund contributions and balances, and bank reconciliations to confirm the OA's financial statements fairly represent its financial position.
Strata audits are commissioned by Owners Association boards, facilities management companies acting on their behalf, or developers who retain responsibility for common areas before full OA handover.
Yes. An independent audit provides objective evidence of how service charges were collected and spent, which is often the most effective way to resolve disagreements between unit owners and the management company or OA board.
Consult with our experts to give your Owners Association a clear, RERA-compliant financial picture.
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