Lease Administration & IFRS 16
Automated lease abstraction, right-of-use asset calculation under IFRS 16, and RERA/Ejari-compliant journal entries. Built-in DLD disclosure templates satisfy auditors and shorten the close cycle.
Industry Solutions: Real Estate
Maximize Portfolio Returns with Intelligent Real Estate ERP
Manage commercial, residential, and mixed-use portfolios across Dubai, Abu Dhabi, and Sharjah from a single platform. Automate lease accounting under IFRS 16, comply with RERA, DLD Ejari, Mollak, and Oqood requirements, and gain the asset-level analytics your investors demand.
Portfolio Performance CenterLive
Portfolio NOI
AED 12.5M
+5.2%
Occupancy Rate
96.3%
Lease Expirations (90d)
18
FTA VAT & Corporate Tax readyWPS-compliant payrollCloud-based & secureLocal UAE implementation & support
The Challenge
The roadblocks VOIITS clears for Real Estate teams
Each one handled out of the box - no spreadsheets, no workarounds.
Fragmented Lease & Portfolio Data
Real-time rent-roll and portfolio P&L with zero manual reconciliation.
RERA, DLD & IFRS 16 Lease Accounting Compliance
Automated ROU schedules, Ejari tracking, and audit-ready disclosures under IFRS 16.
Disjointed Maintenance & Vendor Payments
Work orders flow directly to PO approvals and property cost centres, eliminating duplicate payments.
Multi-Entity, Multi-Currency Consolidation
Unlimited entities, automated eliminations - month-end closes in hours, not days.
Capabilities
Enterprise-Grade Real Estate Modules
Full-stack tools for property managers, asset managers, and CFOs.
Portfolio & Asset Management
Asset-level NOI, cap-rate tracking, and waterfall distributions across the entire portfolio. Scenario modeling for acquisition underwriting and disposition analysis.
Tenant Services & CRM
Self-service tenant portal for maintenance requests, rent payments, and document access. Proactive renewal pipelines with automated outreach at configurable lead times.
Facilities & CapEx Management
Preventive maintenance schedules, vendor work-order management, and CapEx project tracking tied directly to the asset's financial record.
- 96%+
- Average portfolio occupancy for VOIITS clients
- 70%
- Faster IFRS 16 / RERA close cycle
- 18%
- Increase in on-time rent collection
FAQ
Real Estate ERP - your questions, answered
The things growing UAE teams ask us most before getting started.
A typical deployment covering Finance, Procurement, and the IFRS 16 lease subledger for a portfolio of 50-200 properties runs 10-16 weeks. Timeline varies by number of legal entities, legacy data volume, and existing PMS integrations. VOIITS provides a dedicated implementation consultant and a proven data-migration playbook throughout.
Yes. VOIITS configures the Finance capabilities to maintain the IFRS 16 subledger while simultaneously tracking Ejari tenancy registrations, DLD fee schedules, Mollak service-charge pools, and RERA owner-association reporting. Remeasurement events automatically recalculate ROU assets and lease liabilities across all reporting books.
Yes. Multi-entity, multi-book accounting handles automated intercompany eliminations and currency revaluation. You can drill from consolidated group financials down to any single LLC, DIFC foundation, or individual property in seconds using a shared Chart of Accounts.
REST-based adapters and standard flat-file connectors for leading PMS platforms enable bi-directional sync of rent rolls, tenant data, and work orders. Our integration team maps the full field-level data model during implementation so no custom middleware is needed in most cases.
Service-charge expense pools are tracked by property and allocated to tenants via configurable pro-rata keys - square footage, occupied units, or custom splits - in line with Mollak and RERA requirements. At year-end, reconciliation statements and variance reports are generated ready for direct export to tenant billing workflows.
The best-fit ERP we select with you typically licenses on active users and enabled capabilities rather than per property or entity, so adding SPEs, free-zone subsidiaries, or new buildings need not increase licence cost. VOIITS scopes the right edition and implementation approach for your portfolio - contact our team for a tailored quote.
Ready to Unlock the Full Potential of Your UAE Portfolio?
Join UAE real estate companies using VOIITS to automate RERA compliance, delight tenants, and surface the insights that drive better investment decisions.