The United Arab Emirates has reportedly begun freezing Iranian assets worth an estimated $530 billion and is carrying out a mass cancellation of residency visas for Iranian citizens.
The move follows large-scale Iranian missile and drone attacks on Emirati territory and marks a dramatic escalation in economic and diplomatic pressure.
According to reports, the measures are designed to cut off a critical financial lifeline and sever links between Iran’s elite—especially the Revolutionary Guards—and assets held in the Gulf. The sweeping actions also include canceling long-term lease agreements and targeting financial networks operating through front companies and bank accounts.
The reported $530 billion figure reflects the estimated total value of Iranian-owned assets in the UAE, including real estate, investments, and financial holdings that are now at risk of being frozen or seized.