HJ Real Estates LLC (“Company,” “we,” “us,” or “our”) is fully committed to complying with all applicable Anti-Money Laundering (AML) laws and regulations in the jurisdictions where we operate, including the United Arab Emirates (UAE). This AML Compliance Policy outlines our internal controls and procedures to prevent money laundering, terrorist financing, and related illicit activities.
The purpose of this Policy is to establish effective procedures and controls that detect, prevent, and report suspicious financial activity, in accordance with applicable AML/CFT (Combating the Financing of Terrorism) regulations in the UAE.
This Policy applies to:
All users and investors interacting with the Company, including through the DU MORE mobile application
All Company employees, officers, agents, and third-party service providers
The Company has designated an AML Compliance Officer (AMLCO) to oversee implementation and enforcement of this Policy. Responsibilities include:
Monitoring user onboarding and transaction activities
Conducting ongoing risk assessmentss
Implementing KYC, CDD, and EDD protocols
Reporting suspicious activities to the relevant authorities
Before onboarding an investor, the Company requires:
Full legal name
Date of birth
Residential address
Valid government-issued ID (e.g., Emirates ID, passport)
Proof of address (e.g., utility bill or bank statement)
For higher-risk cases, additional checks may include:
Source of funds or wealth
Nature and purpose of the investment
Sanctions screening or adverse media checks
Although DU MORE does not facilitate direct in-app transactions, the Company monitors all offline investment activities to detect:
Large, irregular, or rapid transactions
Structured transactions to avoid reporting thresholds
Funds originating from or routed through high-risk jurisdictions
Suspicious patterns are flagged and may be escalated to the relevant financial intelligence units
To comply with regulatory requirements, the Company retains: • Customer onboarding and verification records • Transaction records and payment history • Communications related to compliance or suspicious activities These records are retained for at least 5 years from the date of completion of the transaction or closure of the account.
The Company strictly prohibits: • Accepting anonymous or unverified funds • Engaging with individuals or entities on sanctions or watchlists • Facilitating transactions linked to illegal activities
Any suspicious activity will be reported to the UAE Financial Intelligence Unit (FIU) or other competent authorities through appropriate channels, including Suspicious Transaction Reports (STRs) as mandated under UAE law
We provide regular AML and compliance training to all relevant staff and partners to ensure awareness of: • Legal obligations • Risk identification • Proper procedures for due diligence and escalation
Violations of this Policy may result in: • Termination of client relationship • Internal disciplinary action for staff or agents • Legal consequences, including regulatory penalties or criminal liability under UAE law
This AML Compliance Policy is governed by the laws of the United Arab Emirates (UAE). Any disputes will be subject to the exclusive jurisdiction of the Dubai Courts.
If you have any questions about this Privacy Policy, reach out to us:
📞 Phone: +971 54 378 1770
🏢 Address: 1104, Silver Tower, Business Bay, Dubai, UAE
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