Rental income tracking
Raise tenancy invoices and track rent due and received per unit, so occupancy and arrears are clear rather than buried in one lump figure.
Real estate & property · UAE
Accounting software for UAE real estate & property
Track rent and service charges per unit, produce owner statements, apply the right VAT treatment, and keep IFRS books — so landlords and property managers always know where each property stands.
Property books are about many small streams
A property business is not one income line — it is dozens. Rent falls due per unit, service charges are collected and spent separately, maintenance and utility costs need to land on the right building, and if you manage on behalf of owners you owe each of them a clear statement. Roll it all into one figure and you lose the very detail that tells you which properties perform.
AIMuhaseb keeps the streams separate. You invoice rent and service charges per unit, reconcile collections to the bank, book costs to the right property, and apply the appropriate VAT — then draw owner statements and property-level reports straight from the ledger, on IFRS double-entry books.
What you get for your property business
The workflows landlords and property managers need — from rent roll to VAT return.
Service charges
Bill and account for service charges separately from rent, and match collections against the costs they are meant to cover.
Owner statements
Keep clean records per owner or property so you can produce statements of income and expenses for the parties you manage on behalf of.
VAT on property
Apply the appropriate VAT treatment to each stream, capture input VAT on costs, and generate a VAT 201 return from the ledger.
Aged receivables & payables
See overdue rent and service charges at a glance, and track what you owe to maintenance and utility suppliers.
Live reports & IFRS
Real-time Trial Balance, P&L, and Balance Sheet on proper IFRS double-entry books — ready for owners, lenders, or audit.
From rent roll to filed VAT
A clear monthly rhythm across your portfolio.
01
Set up your portfolio
Add your TRN, fiscal year, and a UAE-ready chart of accounts with rent, service-charge, and owner lines in place.
02
Invoice rent & charges
Raise tenancy and service-charge invoices with the right VAT treatment, and track what is due per unit.
03
Record collections & costs
Reconcile receipts against the bank and book maintenance and utility costs to the right property.
04
Report & file
Produce owner statements and live P&L, and generate a VAT 201 return ready for the FTA.
Why property businesses choose AIMuhaseb
Per-property clarity, owner statements on demand, and VAT handled — on books owners and lenders can rely on.
- Rent and service charges tracked per unit and per property
- Owner statements from clean, property-level records
- Aged receivables so overdue rent and charges are visible
- VAT applied per income stream with a one-click VAT 201
- IFRS double-entry books ready for owners, lenders, and audit
- An AI assistant that categorises costs and drafts journals for approval
Real estate accounting questions
Can AIMuhaseb track rental income per unit?
Yes. You raise tenancy invoices and track rent due and received, so you can see occupancy and arrears clearly instead of a single lump figure. Your aged receivables highlight which tenants are overdue.
How does it handle service charges?
You bill and account for service charges separately from rent, then match what you collect against the costs those charges are meant to cover — maintenance, security, utilities, and similar — so you can see whether a building’s service-charge budget is on track.
Can I produce owner statements?
Yes. By keeping records per owner or per property, you can produce statements of income and expenses for the owners whose properties you manage, drawn straight from the ledger rather than assembled by hand.
How is VAT treated on property in the UAE?
VAT treatment in UAE real estate depends on the type of property and supply: broadly, residential and commercial property are treated differently, and some supplies are standard-rated, some zero-rated, and some exempt. AIMuhaseb lets you apply the appropriate treatment to each stream, capture input VAT on costs, and generate a VAT 201 return — but because property VAT is nuanced, confirm the correct treatment for your specific properties and leases with your tax adviser or the FTA and apply it in the software.
Are the reports suitable for owners and lenders?
AIMuhaseb keeps proper IFRS double-entry books with a full audit trail and produces a Trial Balance, Profit & Loss, Balance Sheet, and Cash Flow statement in real time, which you can export for owners, financiers, or your auditor.
Enquire
Talk to us about your property business
Tell us about your portfolio and what you need — rent, service charges, owner statements, or VAT. A UAE specialist will get back to you shortly.