Dubai Police have recently arrested an individual posing as a real estate agent involved in fraudulent apartment deals. This scam has caused significant distress among unsuspecting buyers seeking property in the city.
Details of the Scam
The fake agent was found to be offering apartments that either did not exist or were not available for sale. Victims were persuaded to pay substantial amounts as advance payments, only to discover later that the transactions were fraudulent.
How the Scam Worked
- The scammer created fake listings on popular property websites.
- Used counterfeit documents to convince buyers of legitimacy.
- Collected deposits and down payments from multiple victims.
- Disappeared after receiving the payments, leaving buyers without properties.
What You Need to Know
To avoid falling victim to similar scams, keep the following tips in mind:
- Always verify the agent’s credentials with the Dubai Land Department.
- Be cautious when dealing exclusively via online platforms.
- Request official documents and verify their authenticity.
- Do not make payments without signing proper contracts.
- Report any suspicious activity to the Dubai Police immediately.
Dubai Police Advisory
The authorities have reiterated their commitment to cracking down on real estate fraud and emphasized the importance of public vigilance. They encourage buyers to conduct thorough due diligence and report any irregularities.
Stay informed and take the necessary precautions to protect yourself when engaging in property transactions in Dubai.
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