Does a real estate broker in the UAE need to register on the goAML portal?

Does a real estate broker in the UAE need to register on the goAML portal?

Yes. Every licensed UAE real estate broker or agent that concludes property transactions for customers must register on the goAML portal operated by the UAE Financial Intelligence Unit. Registration is the gateway to filing suspicious transaction reports, Real Estate Activity Reports, partial-name match reports, fund-freeze reports and the other regulatory submissions required by the new AML Law.

The registration process requires submission of the trade licence, the Memorandum of Association, identification documents for the AML Compliance Officer and the senior management point of contact, and confirmation of the firm’s classification as a DNFBP. Once approved, the firm receives a goAML organisation account and can authorise additional users. Failure to register is itself an administrative violation. The Compliance Officer should monitor goAML for system messages, watchlist updates and FIU feedback on filed reports, and should ensure that authorised users keep their credentials and contact details current.

Legal Reference (UAE):

For more details, consult the goAML portal at fiu.gov.ae

AML regulations for real estate agents in UAE