Common scams in Dubai

Dubai is a city with a dynamic and secure business environment, but like any major financial center, there are various types of fraud that one should be aware of.

Among the most common, we highlight:

1. Real estate fraud – Investors are lured by fake real estate offers or projects that do not exist. It is always advisable to verify the project's registration with the regulatory body RERA (Real Estate Regulatory Agency).

2. Investment scams – Investment proposals with high and guaranteed returns may hide Ponzi schemes or other financial frauds. Be wary of opportunities that seem too good to be true.

3. Fraudulent job offers – Some scammers promise well-paid jobs in Dubai, asking for upfront payments for visas or fake documents. It is always better to verify companies through official channels.

4. Loan and financing scams – Some unregulated companies offer quick loans with unclear terms, leading victims into deceptive debt situations.

5. Business scams and ghost companies – Some companies present themselves as reliable suppliers or partners only to disappear after receiving advance payments.

To avoid problems, it is always advisable to conduct thorough research, verify the credentials of companies and individuals, and use only official channels for financial transactions and contracts.