Overview
As demand for real estate continues to soar in Dubai, the authorities have issued a warning to electronic real estate portals to remove fake listings. Some portals have been found to display properties that are no longer available, leading to frustration among potential buyers and renters.
Warning from Dubai Land Department
The Dubai Land Department (DLD) has given property portals three days to remove all fake listings or face fines. They have emphasized the importance of accurate and updated property information on these platforms.
Enforcement Actions
Last week, DLD fined 30 real estate companies for non-compliance with advertising regulations. The department is actively monitoring portals to ensure compliance with the rules.
Request for Proof
Property portals are required to provide evidence of removed listings to DLD for verification. Failure to do so may result in further penalties.