Dubai Police on Saturday alerted residents about an uptick in holiday home scam after a man lost AED 8,000 to fraudsters while attempting to rent a chalet.
The man said he paid the amount as "deposit and insurance fee" on the promise that it would be refunded to an online advertiser for a chalet in Dubai. Once the money was transferred, the scammer was unreachable as he switched off his mobile phone.
The victim then alerted the authorities about the scam.
Officials said scammers exploit the holiday season and target families scouting for "attractive" discounts and by manipulating photographs of chalets or holiday homes from genuine adverts.
Once the victim shows interest, the scammer convinces them to transfer funds quickly, claiming "high demand", even before they view the property or sign any official contract. It's only after the money has been transferred that the victim realises he has been tricked.
The authority reminded the public to be extra vigilant while booking holiday deals promoted on social media or online, and to be wary of too-good-to-be-true deals. They urged people to physically check the facility and verify the owner's details before making the payment.
Dubai Police issues regular warnings under the ‘Be Aware of Fraud’ campaign, reminding the public to report fraud or suspicious websites through official channels, including the e-Crime platform or by calling 901.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has announced the launch of Nad Zabeel, Dubai’s future research, design, and innovation campus that aims to attract 30,000 researchers and specialists.
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met with global leaders in energy, technology, artificial intelligence, and investment participating in ENACT Majlis, held at the Abu Dhabi Energy Center on Sunday.
Dubai Municipality has expanded plot development options in Al Satwa, permitting a wider range of residential and commercial uses in the area for property owners.
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has launched a series of initiatives aimed at strengthening the emirate’s tourism sector and making it easier for visitors to plan their trips.
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?