Can my Power of Attorney holder collect the sale money for me?
No. Under 2026 DLD/AML rules the buyer's manager's cheque must be issued to the registered owner, and proceeds must go to a UAE bank account in the seller's own name; a POA holder can no longer receive the funds on your behalf. The POA can still sign documents and attend the transfer, but open your own UAE account first — verify current wording.
Figures here are indicative as of July 2026 and set by third parties (government, banks, developers) — confirm the current amount before relying on it.
