The complete guide
Quick Summary
With Mollak, a Dubai owner can check where the building’s service-charge money should go before paying the invoice. The platform links the approved budget, escrow account, payment route, invoices, and management records with DLD and RERA checks. So if a charge looks higher than expected, the owner has an official number to compare it with, not just a bill from the management company.
Key Takeaways
- The platform covers jointly owned properties such as apartment towers, many master communities, hotel projects, and other shared-property developments.
- RERA approves service charge budgets after a certified audit review, not after a simple request from the management company.
- Owners can use the approved service charge index Dubai to compare the charge rate against their unit area.
- Service charge payments should land in the approved building account, not in a general company account with no clear trail.
- Before buying, check the building records as well. Old unpaid charges, bloated estimates, or a thin reserve fund can slow the NOC, hurt resale, and eat into the final return.
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Mollak is Dubai’s regulated online platform for service charges in jointly owned properties. It links owners, management companies, auditors, banks, RERA, and DLD through one controlled system for approvals, invoicing, escrow accounts, and payments.
When buyers search Mollak Dubai, they usually want to confirm whether a building’s service charges, account records, and management company match Mollak RERA approvals. The Mollak system and the service charge index in Dubai help owners check approved charges before paying or purchasing. This blog covers what it does, how the escrow account works, how charges get approved, and what buyers should check before signing.