Dubai’s role as a regional financial hub means funds moved through fraud or corruption elsewhere often pass through — or land in — the UAE.
Dubai property is a common destination for funds linked to fraud or corruption elsewhere, and can be the subject of freezing applications.
UAE banks can be compelled to disclose account information and freeze funds through the appropriate court process.
Free zone and mainland company structures are sometimes used to hold or move disputed assets, adding a layer of complexity to recovery.
Recovery often requires working simultaneously with courts and counsel in the country where the underlying conduct occurred.
Establishing where funds actually went, often the most time-critical step before any assets can be moved further or dissipated.
Applying to the relevant UAE court for an order preventing further movement of the identified assets.
Compelling banks or institutions to disclose account details and transaction history relevant to the assets in question.
Converting a favourable ruling into an actual recovery, which can require separate enforcement steps depending on where assets are ultimately held.
Yes, in appropriate circumstances, though the application needs to meet UAE procedural requirements and evidentiary standards.
Very quickly — delay is often the biggest risk to a successful recovery, since assets can be moved again once someone suspects action is coming.
Almost always. Effective recovery typically requires coordinated action between our network lawyer in the UAE and counsel where the underlying conduct occurred.
Speed matters. Speak with us before assets move any further.