09/01/2026
Important Compliance Update: Mandatory Preliminary Client Screening for Property Transactions
In line with the UAEโs strengthened regulatory framework,I would like to inform all clients that a formal preliminary screening process is required prior to the signing a Memorandum of Understanding (MOU) for transactions in the secondary market Or to process any off plan purchases
As part of this process, clients will be required to provide passport details for screening purposes.
Why is this screening required?
This requirement is introduced in accordance with UAE Anti-Money Laundering (AML) legislation, specifically Federal Decree-Law No. 10 of 2025 on Combating Money Laundering and the Financing of Terrorism and Proliferation. Under this law, regulated entities and Designated Non-Financial Businesses and Professions (DNFBPs) are legally obligated to conduct Customer Due Diligence (CDD) before:
- Establishing a business relationship, or
- Executing any property-related transaction
This obligation is outlined under Articles 5, 6, and 7 of the Decree-Law.
What does this mean for clients?
The preliminary screening ensures that all parties involved in a transaction are compliant with:
- UAE AML and sanctions regulations
- International compliance standards
This measure is essential to:
- Mitigate legal and regulatory risks
- Protect all parties from reputational exposure
Our commitment
While this process adds an additional compliance step, it is designed to safeguard clients, brokers, and developers alike, ensuring that all transactions are conducted transparently, responsibly, and in full compliance with UAE law.