Mollak System — What Investors Should Know
Last updated: September 30, 2025
Mollak is DLD’s regulated system for jointly-owned properties, ensuring service charges are RERA-approved, escrowed, and transparently audited for apartments and gated communities.
Why Mollak?
- Prevents overcharging and enforces clarity on budgets/spending.
Who Uses It
- Owners associations, management firms, auditors, and RERA.
How It Works
- Annual RERA approval of budgets; fees paid to DLD-regulated escrow.
- Independent auditing and continuous oversight.
What It Covers
- Common area operations, utilities, facilities, and reserve funds.
Investor Benefits
- Transparency, accountability, and trust—making JOP investments safer.
Mollak adds a regulated layer to community management—fair service fees and audited spending.