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Investors warned against 'illegal groups'
- United Arab Emirates: Thursday, December 18 - 2008 at 11:12
Dubai's Real Estate Regulatory Authority says unnamed 'illegal groups' are sending out misleading and baseless information about property laws. Authorities have asked investors to consult Rera before entering into any deals and stay alert. The circulation of such information is both highly misleading and deceptive to investors. This will directly cause investors to lose money if they do not thoroughly read their contracts and seek proper legal advice, Rera officials said. The officials urged the investors to consult them for official information on Dubai's property market and their investments.
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Jeff Florian, Senior ReporterThursday, December 18 - 2008 at 11:12 UAE local time (GMT+4)
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