Realestate Fraud

Another example to how sad and disgusting the property market here has become...

Thirty eight families will find out later on Sunday if they are to be evicted from their homes in Discovery Gardens after paying a year’s rent upfront to a brokerage firm which turned out not to be the landlord.

Everyone who is involved in this story is an accomplice:

Corporate Business Solutions (CBS) - I hope they find the owner and leave him/her to rot in jail

RERA - for lukewarm reaction and not taking a strong stand with the real victim here

Meraas - for choosing to blame and go after the victims, not the culprit

RE agents - for blackmailing tenants for their commission money back in return of waiving liability.

Here is my question: If the brokerage firm in question (CBS) was not the landlord, how did they have keys to the units and managed to handover apartments to tenant to move in and officially register DEWA and all? Something doesn't smell right here at all ..

I hope that everyone mentioned above sleep warm and cozy in their beds at night knowing that they can be responsible for throwing out 38 families in the street. Sick.

[via Arabian Business]