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    Are there specific fines for offering units in fraudulent projects?

    Ali Faizan Syed1 min read0 viewsUpdated 1/2/2026
    The law provides severe punishments for those who engage in fraudulent Real Property projects. Any person who knowingly offers units for sale in a project that is proven to be fraudulent or non-existent faces a fine of AED 100,000 from RERA. Additionally, under the Escrow Law, such acts can lead to imprisonment sentences. These dual penalties aim to eradicate "phantom" developments and ensure that every advertised unit is backed by a registered project and a secure Escrow Account,.

    Related Topics:

    Fraudulent Projects
    RERA Penalty
    Dubai Escrow Law
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