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    How much is the fine for an escrow agent violating disbursement rules?

    Ali Faizan Syed1 min read0 viewsUpdated 1/2/2026
    Escrow Agents (banks or financial institutions) must comply with strict rules for disbursing funds from a project�s Escrow Account. If an agent fails to comply with the conditions of disbursement, or withdraws/deposits funds without RERA approval, they face an administrative fine of AED 100,000. These penalties ensure that the banking institutions managing project funds are held accountable, guaranteeing that investors' money is only spent on actual construction progress as verified by RERA�s technical auditors.

    Related Topics:

    Escrow Agent Fine
    RERA Disbursement Rules
    Dubai Banking Fine
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