In my publication this week, I discussed about the tips and methods to avoid being scammed when leasing a property in the UAE. I took an example of a recent scandal and explained how the victims could have avoided falling prey to such a scam.
In my publication this week, I discussed about a property case that I was involved in. One of the leading developers in Dubai failed to deliver villas (worth up to 84m) to three Asian investors in Dubai. During the construction phase, the investors agreed to adjust the purchase price of the aforementioned villas with a new order of five villas that developer promised to deliver.
Mr Hassan Elhais writes about the roles and responsibility of property brokers in the country’s active property market and provides potential buyers with an important checklist of questions to ask of their brokers to ensure a smooth transaction.