August 22, 2025 | Dubai, UAE: The 79th Group Dubai Shutdown caused the UK asset management firm to come to a Dubai office exit, stopped its website activity, and didn’t renew its operation license. Investors based in the UAE, who distributed thousands, are now in a state of chaos. The company which was dealing with UK real estate investments is going to be investigated by the City of London Police on suspicion of fraud, with a possible loss of more than £200 million according to reports. 

DMC has issued a statement that the company is unable to renew its license because of disqualification from the compliance requirements. “On the condition that a company in question has failed to meet the very clear requirements of DMCC for compliance, the latter would not be able to renew the licence at the moment,” said a DMCC representative.

79th Group DUBAI Shutdown is a step following legal proceedings, which have increased in the UK, from where the company has been put into administration. 79th Group was involved in the selling of structured loan notes tied to distressed properties in England. The company went so far as to give a promise of 15–18% annual returns by means of refurbishment and resale.

Police Investigation Throws Gloom Over UK Property Investment

The 79th Group Dubai Shutdown is a coincidence with a very prominent inquiry by the City of London Police, who arrested four people in Merseyside this year before releasing them on bail. Authorities have asked investors affected by the case, including those from the UAE, to report their cases through the Major Incident Public Portal.

Investors were lured by the firm’s proposals of UK real estate investments as they believed the funds would be used for purchasing undervalued assets and then renovating them for profit. However, the company halted distributions at the start of this year calling for a restructuring moratorium. Some investors may have received partial returns, but the majority of them are still waiting for news.

A health professional based in Dubai, who invested Dh800,000, said, “There are a lot of things happening in the UK, but here, it feels like we are completely in the dark. We still hold on to the hope that a solution will come, although the 79th Group Dubai Shutdown has made that less likely.”

Investors Should be Proactive and Seek Legal Help Immediately in 79th Group Dubai Shutdown

Financial specialists in the UAE say that victims of the 79th Group Dubai Shutdown might have restricted paths to getting monetary compensation. A few of them might be eligible for protection programs in the UK, which depend on how the money was paid and on the dates, but lawyers warn that the six-year limitation time already starts ticking under UK law.

UK Finance has instructed banks to suspend applications for compensation under fraud prevention programs until the investigation by the police ends, which causes the delay to become even longer. Some of the assets are going to be sold, which are related to the network of UK real estate investment, for example, an old hospital in Northumberland and offices in Warrington to get the money back.

Insolvency & Law, a UK consultancy, said it had already raised concerns about the group in 2023. “We cautioned investors that high returns on UK real estate investments were just a front for a design that was meant to slow down taking responsibility. Now, the cover is gone with the appointment of administrators and payout suspension”.

79th Group’s spokesperson made a comment, “Obviously, we are not allowed to give a lot of information about these ongoing legal actions in the UK, but what we are doing is working with forensic accountants and aiming to renew the licenses at the earliest.”

The 79th Group Dubai Shutdown has dramatically signaled the dangers of overseas property-backed investments marketed in the UAE without solid control. Lawyers in Dubai advise affected parties to document communications, file claims early, and consider group legal action to recover their capital.

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