Dubai con artist who tricked tenants out of Dh2m has sentence reduced



DUBAI // A fake estate agent who made Dh2 million by letting out apartments without their owners' knowledge today had his sentence reduced from three years in jail to six months by the Appeals Court.

However, the court upheld the deportation order against the Pakistani AS, who tricked several people into renting the apartments by advertising on the internet and convincing would-be tenants by showing them forged ownership documents.

The man was caught after renting one such flat in Jebel Ali to a 63-year-old Jordanian teacher, HS, for more than Dh40,000 in March 2011.

"He showed me two apartments and claimed he was an agent for a property company," said the teacher. Two days later the conman handed him the property's keys, a contract and a copy of the ownership certificate and the teacher gave him the cheques for the year's rent.

A month later another a representative of the real owner visited the teacher and told him the documents he had been given were forged. The teacher was subsequently evicted in July 2011 after an order from the rental dispute committee.

"I suffered for months and I lost the rental fees for two months and I was psychologically exhausted." said the teacher.

salamir@thenational.ae

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1) Organ donors can register on the Hayat app, run by the Ministry of Health and Prevention

2) There are about 11,000 patients in the country in need of organ transplants

3) People must be over 21. Emiratis and residents can register. 

4) The campaign uses the hashtag  #donate_hope

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Read part three: the age of the electric vehicle begins

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Power: 712hp at 6,100rpm

Torque: 881Nm at 4,800rpm

Transmission: 8-speed auto

Fuel consumption: 19.6 l/100km

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Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.

“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says. 

Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.

Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier. 

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Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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