Key Money Laundering Checks When Selling a House in the UAE

money laundering checks when selling a house

The real estate sector is highly vulnerable to money laundering in the UAE, with criminals exploiting property transactions to disguise illicit funds. The UAE real estate sector, as reported by the Central Bank, contributed 18.5% to non-oil GDP and 22% of bank loans in 2021, highlighting its economic importance and financial crime vulnerability. To mitigate […]