Arab Today, arab today property seekers warned against \scammers\
Last Updated : GMT 16:29:08
Arab Today, arab today
Arab Today, arab today

Property seekers warned against \'scammers\'

Arab Today, arab today

Arab Today, arab today Property seekers warned against \'scammers\'

Dubai - Arabstoday

Renters and buyers looking for real estate in Dubai are still at risk of being scammed by criminals hoping to profit from ‘open’ or bogus properties, industry professionals have warned. Wannabe tenants rushing to find a home or looking for ‘bargain’ deals are the most at threat, experts said, and advised individuals to proceed with caution. “As activity in the property market has slowed over the past year or so, scamming activity has slowed, but scammers are still very common,” said Renan Bourdeau, managing director of propertyfinder.ae website. “Often scammers will locate ‘open’ properties – those with no keys and remaining unlocked – and create adverts for the property, listing it much more cheaply than the market price. “During the viewing, they put pressure on the tenant for a large deposit and subsequently disappear after the money has been paid.” Sites which allow free listings from individuals and ‘agents’ who are not RERA registered are much more likely to become platforms for fraudsters, he added. Advertisements in newspapers and on free listings sites, which include super-cheap properties along with just mobile numbers, should be treated with suspicion, he said. Last month, Dubizzle sent a warning message out to all users signed up to the site, urging them not to send any money via the web. The email, entitled ‘Important scam warning information’, said the website made every effort to detect fraudulent advertisers, but occasionally, some did “slip through the net”. “DON\'T SEND MONEY TO ANYONE UNDER ANY CIRCUMSTANCES,” it said. “Scammers will try anything to sound legitimate so you\'ll send them money. They\'ll say they\'ve just moved back to the UK, they\'ll pose as a company, they\'ll even pretend to be Dubizzle!  Don\'t believe it.” Analysts say those searching for apartments or villas can avoid being scammed if they make it a habit only to work with reputable estate agencies and developers. They also advise property seekers to gain some knowledge of the market and average prices for rent or purchase in certain areas, before looking for a new home. “Where you are dealing with sellers, make sure all of the documents are in place like title deeds, passport copies, clearance letters and any other property related documents,” said Tom Bunker, a Dubai-based investment consultant at Cluttons. “Always be wary of agents trying to twist your arm or pressure you into buying or renting. Avoid agents who are trying to maximise their commissions.”

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today property seekers warned against \scammers\ Arab Today, arab today property seekers warned against \scammers\

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today property seekers warned against \scammers\ Arab Today, arab today property seekers warned against \scammers\

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: عقارات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Girl barred from Malaysia chess competition

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday