
Dubai residents are currently facing a new rental scam that has caused considerable frustration, particularly among expatriates. Fraudsters posing as real estate agents are collecting security deposits from tenants and then disappearing without a trace.
Many victims have reported losing their money and being unable to contact these so-called agents afterward. These scams are often perpetrated through popular channels such as social media platforms like Facebook and property listing websites like Dubizzle.
How the Scam Works
The scammers exploit the high demand for rental properties by targeting house-hunting residents and offering attractive deals to lure them in.
Authorities’ Advice to Residents
To protect themselves, authorities are urging residents to take the following precautions before making any payments:
- Verify the legitimacy of real estate agents.
- Use trusted and well-known real estate agencies.
- Check online reviews and agents’ credentials.
- Request written contracts.
- Confirm agent licenses through official channels.
The recent rise in rental scams has caused significant distress among Dubai’s expatriate community, who rely on secure housing during their stay.
Call to Action for the Real Estate Sector
As Dubai continues to attract international residents, experts are urging the real estate sector to increase security measures to combat these illegal practices.
For ongoing information and updates on this situation, stay tuned to Questiqa World News.