A lease with a payment schedule
Every payment has a due date, an automatic tax invoice and an alert ahead of time, so nothing due is forgotten.
Two losses keep repeating in property management: a lease ends and the unit sits empty for weeks with no marketing, and a rent payment runs months late with no formal claim. Furat makes every unit a cost centre with its revenue, maintenance costs and net return, and ties every lease to a payment schedule and an expiry alert ahead of time.
The right property management software must give you five things: leases with a payment schedule and an expiry alert, invoices issued automatically on time, every unit a cost centre with its net return, collection follow-up with receivables ageing for every tenant, and ZATCA-compliant invoices. Furat brings them together in Arabic; the package starts at SAR 179 a month before VAT, live in two to four days.
Last updated: 21 September 2026
Because your revenue is tied to a fixed asset and a date. A lease starts and ends, payments fall due on set dates, maintenance is spent on one particular unit, and vacancy is a loss that shows up in no expense line. A general system sees rent collected and maintenance added up, and so hides a unit whose maintenance eats half its rent. The right system measures the unit, the lease and the date.
Every payment has a due date, an automatic tax invoice and an alert ahead of time, so nothing due is forgotten.
A unit's revenue against its maintenance, fees and vacancy, so you know the real return, not the gross.
Advance notice that a lease is ending, to start renewing or marketing before the unit falls vacant.
Six capabilities built around property management, development and brokerage in the Kingdom.
Buildings and units with numbers, location, area and occupancy status, and every transaction posted to its unit.
A lease with a term, a value, a payment schedule, VAT and service charges, with invoices issued on time.
Late tenants ranked by amount and age, with reminder messages on a fixed schedule and a documented record.
A maintenance request becomes a work order whose cost is posted to the unit, so no expense is charged to the wrong place.
Occupancy rates for every building and the vacancy built up, with its financial impact in riyals, not words.
A development project with its budget, spend and contractors' payments, kept apart from the rental portfolio.
Five losses that keep recurring in real estate, and where the system stops each one with a control, not personal judgement.
| Risk | How it happens in practice | The control in Furat |
|---|---|---|
| A contract that ends without renewal | Nobody owns the end date | An expiry alert and a task for an owner as long before the date as you choose |
| A late payment nobody chases | Follow-up depends on people remembering | Receivables ageing and automatic reminders with a documented record |
| Maintenance spent but never charged to a unit | A workshop invoice posted to a general expense | Every maintenance order is posted to its unit and compared with its revenue |
| Vacancy nobody measures | An empty unit doesn't show in the reports | A vacancy report with the duration and the value lost for every unit |
| A tenant's deposit loses its trail | Money received and never separated from revenue | The deposit is a separate liability, not revenue — refunded or deducted with a document |
In real estate, one month of vacancy in a unit costs more than a year of small collection delays. The difference is seeing the date before it arrives.
Get your portfolio under controlWritten in advance, so you can compare them with any provider before you sign.
Leases and renewal addenda are signed from a phone with an audit trail and a timestamp, so they close the same day.
Owners see their statements and tenants their invoices for themselves, so calls and repeated requests drop.
Owner statements, financial statements and portfolio returns that your auditor and the bank accept, with every figure backed by its document.
Every invoice is issued ZATCA-compliant and connected to the FATOORA platform, and every regulatory update reaches your account with no upgrade fee.
Hosting inside Saudi Arabia, daily backups, and a full export available any time at no charge — your data is never held as leverage over you.
We move your balances, items and customers from Excel or your current system for free, and train your team remotely in Arabic until your first successful month-end close.
The real estate package starts at SAR 179 a month before VAT and includes accounting, contracts, invoicing and cost centres; add e-signature and maintenance orders when you need them.
Compare plansEvery lease has a term, a value, a payment schedule, a deposit and service charges. The invoice for each payment is issued automatically on its due date, ZATCA-compliant, and the tenant is notified; the system alerts you as far ahead of the lease ending as you choose, to start renewing or marketing.
Yes. Every unit is a cost centre that carries its rent, fees, maintenance costs and time vacant. The system gives the net return for every unit, every building and the whole portfolio, so you know which unit is losing a large share of its rent to maintenance before you renew its lease.
With receivables ageing that ranks tenants by amount and age, reminder messages sent on a fixed schedule before and after the due date, and a documented record of claims for every tenant. If you escalate, you have a complete record of the claims and their dates that can serve as evidence for legal action.
Two to four working days. We set up the chart of accounts and enter your buildings and units, migrate your tenants' leases with their terms, payment schedules and balances from Excel for free, train management and finance remotely in Arabic, then issue your first rent invoicing cycle with you.
Read also: Contracts & e-signature · Tax invoicing · Accounting · All industries · Pricing & plans
Try it on part of your own portfolio and work out each unit's return — 14 days free, no bank card.