How to Avoid Being Scammed while Purchasing Properties in UAE

Ways of Avoiding Real Estate Property Scams in UAE Property scams are on the rise in UAE as it gains momentum with many people’s flocking to emirates from across the Europe, Africa and Middle East. A great number of the peoples are failing to real estate fraud that has resulted to loss of large amounts of cash and sometimes eviction. One needs to follow precautionary measures to avoid being conned while purchasing properties in UAE.  First foremost verifies and deals with licensed estate agent and companies. Check for genuine title deeds, make sure that the property management company have registered for the lease and provides you with registration certificates, and make sure the real agent is legitimate through checking the list of the qualified and approved brokers, check the whether the companies have paid service fees that may generally prevent you from accessing the facilities and finally seeks the guidance of the local lawyers regarding on the legal issues. Various Scam that are Commonly Available while Purchasing Properties Dubai Dubai is no stranger to properties scams with resident and foreign investors losing higher amounts of the money to fraudulent transactions. Scams over the past years have taken advantage on desperate peoples in Dubai includes: pyramid selling, illegal cheque, cheque overpayment, fake landlord, fraud bank account, fake email, fake title deeds and fake real estate agent among many others. Factors...

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