The Big Dubai Real Estate Scam that Everyone's Talking About

#dubai #uae #realestate #scam #property #holidayhomes #ronakkotecha #news
Right here in Dubai, a home rental fraud has left home owners and tenants, poorer by 30 million dirhams in total, which works out to over a massive 60 crore rupees...if i counted it correctly with my questionable math skills, that is!
Well, it so happened that Homeowners, who had signed contracts with one fraudulent company called 'Evernest Holiday Homes Rental LLC' have now come forward saying that not only have they lost tens of thousands of dirhams in annual rent income, but have also been denied access to their own homes.
The haalat of the tenants or the bhadutris, is not any better, as they had separate contracts with the fraud company
Now, they are living in constant fear of eviction. Many already had utility services disconnected.
But how did this badmash company spin such a big ghapla, involving the rich and mighty of Dubai, who had homes in posh places of the city?
Watch this video till the end to know the full story that was broken by Khaleej Times
For those seeking help, can escalate their concerns to DET team at [e-mail] or call [+971] 600 55 5559

[@bb-sv5lb]

First here!

[@ashutoshnagarkar5248]

take your medal

[@bb-sv5lb]

@@ashutoshnagarkar5248 I think Ronak should gimme my medal 🏅

[@reviewron]

Yes I can pin it ...so i have pinned it..that's ur medal😇

[@bb-sv5lb]

@@reviewron thank you thank you ☺️

[@zhamiladamn2975]

@@ashutoshnagarkar5248 speak in English. Thanks

[@HaPpYsoul30]

Me my family almost fell in the trap of a builder and we were about to give him the booking amount, but his sudden change in behaviour made us rethink and investigate more. Ultimately got to know that the property was under litigation.

[@reviewron]

Omg good u got saved

[@HaPpYsoul30]

@@reviewron yes, 6th Sense worked 🙂

[@bv6833]

Tenant in UAE has no right in the court. Owners of the property will also not absorb the loss. Best of luck to those who lost the monies

[@apoorvasreekantaswamykeept1270]

Appreciate ur hardwork and they way u present the news very settle 👏 It doesn't matter u mix English or Hindi.

[@binnib3762]

Good one 👍👍 Thanks for the information 👍👍 Ronak n Harees 💞💐💐🙏

[@v8ismail]

Good info man , thanks for bringing this to light .

[@johnsilvanose9207]

Thanks for the detailed information.

[@niveditakhot3382]

Thanks Ronak for updating

[@rajaswarythiagarajan597]

Thanks for the information Sir.

[@pramiladevi7476]

Shocking Fraud in Dubai also !! Thank You Ronak for the Information.🙏🙏

[@VR-tw3ek]

Thanks for the information man ...

[@kartikgupta4144]

Great Ronak...It's very enjoyable actually. 😂Hinglish ko enjoy karte karte pata hi nhi chal when the video got completed.👍👍#uniquestyle

[@YatinDeo]

This is not the first time. Exactly simialr scams have happened number of times in Dubaibin last decade or so.

[@Fooddelicious_1111]

This scam reminded me of Bipasha basus Paisa double scheme in Hera pheri 2 .. though this was a real estate matter..

[@BharatIndoria]

people need to understand, nothing comes cheap, applies every part of the world, if something's really cheap then there's something fishy.

[@piero17y65]

Many bad things happen in Dubai.

[@sarakumari3179]

What a up to date news of UAE 👌👌

[@sukanyalal]

Good info

[@madhuchandasangma3161]

I wonder how these scammers can sleep at night.

[@biswajithota2524]

True, they do not have any fear of spending the rest of their lives in jail if ever caught.

[@alameri563]

No things to do with sleeping 😴😴, we all sleep, the scam came because we made it. Not creator

[@rahulmenon4557]

Dubai is not new to frauds and such fly by night operators !?? It will not be the last 😭😭😭

[@TanveerKhan-mb6bd]

Ronak...what do you say about rovecity walk hotel apartment offering rental income to investors...

[@gopalkriplani4880]

Just find the truth in SSR case

[@sandeepmehta5311]

Greed is main cause. Why did owners of apartment not realize that nobody pays 1000 dirham more than market price, so why was this agent paying 20,000 to 25,000 more. Such people are fly by night operators, so owners under greed did not check if company operated over 5 years, a benchmark I use. Same with tenants who under greed to save huge discount to pay full years advance rent. They should have known that anything sugar coated cheap offer could lead to trouble. They never check company history before paying. In rental agreement, must ensure the rent cheque never to be paid in agent name but on the name of landlord whose title deeds must be checked on Online portal of land department, which shows a particular property owner. Unfortunately scammers are everywhere and one should be careful globally. I am sure one day interpol will catch the thieves.

[@vm9861]

Beware of property scammers like the FIRST GROUP. keep well away . Dont waste yr money in Dubai . no legal framework to support you if you lose yr investment.

[@kajalkhatri1034]

Greed this is the same in Mumbai owners ask for rent way above the market price and the condition of the house one can barely live it's so filthy

[@jhnknws1751]

If that were the case why rent out that property? There are enough flats available on rent in Mumbai

[@kajalkhatri1034]

@@jhnknws1751 not everyone can afford not atleast in upscale area's of Mumbai

[@jhnknws1751]

@@kajalkhatri1034 if one cannot afford upscale property rental, then is it not prudent to find an abode in a place that is cheaper. How can you expect to get a pad in Bandra at Andheri rates. It does not mean Andheri houses are filthy or run down. Everywhere in the world, one has to pay for the eco system they want to live in, and trust me, even apart from rent, even general cost of living will be higher. A maintenance tech would charge me twice in a tower compared to a four storyed building in the same neighbourhood. That is called market value based on affordability. Welcome to free market economy

[@kajalkhatri1034]

@@jhnknws1751 so you are telling me that a house with a rental value of 30k should be charged double the price only because it's bandra you do know not all areas in Bandra are that great i do understand if it's a good building and a nice area but not otherwise thanks to Covid the greedy owners have been forced to rent their homes half the value of what they have been charging otherwise these owners are very greedy it's just unethical

[@jhnknws1751]

@@kajalkhatri1034 it is always so anywhere in the world, irrespective of your opinion. A flat in Harlem costs less than 25% of that in Manatten or Queens. Restaurant in Taj Hotel will charge you 100 times for the same chai you order from a Udipi hotel. A movie actor gets paid several multiples than a factory manager with much lesser work load and even a humongous pampering. This is the real world and it is not going to conform to or even bother about your ethic ratings. I have lived in Bandra and know differential rental rates in Pali Hill or 8th Road or in band stand. They are not same. By the by, the rental returns in Mumbai is one of the lowest around 2 % to max 3%, as against 10% in Dubai, 7% in New York or 6% in Chennai

[@godfather7515]

Ronak I listen to your daily news on 89.1 fm.

[@anayakhan7803]

Ohhh i saw your video late. We trapped and damac take our money almost 80 lakh INR and no money no property.

[@riyachatterjee9743]

That's why RERA Act in India is trying to improve everyday

[@parnikakulkarni]

Why UAE govt not taken action against them ?

[@fatmaalimohammed1812]

Thank you Ronak ... Harees Kahan hon???

[@MukeshMorwall]

Please do videos on online pump and dump scammer gurus in India like Dev gadhvi , Amet Parikh and such guys who make absolute stupid claims and take ppl for ride.

[@rudramahadev22]

Maja aa gaya bhidu

[@monishca2013]

Ronak you are awesome 😎 ignore the comments

[@talhahabib339]

isnt 12 months advance rent a common practice in dubai?

[@biswajithota2524]

You please stick to English which is way better than your Hindi mixed English commentary. It spoils the seriousness of the event.

[@ikfitnessvlogs790]

exactly

[@sober_soul_1]

Why dint u name the scammer on the video.? Naming company does not make sense.. bcoz main scammer is human.. u should name him..

[@reviewron]

I gave all the info I had

[@sober_soul_1]

Thanks ronak.. can i find out from any website about the owner.? I wanted to this for my personal research..

[@JohnWickkkkkkkkk]

Ronak, either you speak English or Hindi. Do not mixed up. Thank you

[@piero17y65]

Why?

[@piero17y65]

@boycott Bad culture why?

[@monishca2013]

Nooooo he is awesome 👍😎

[@kiranrajendran3323]

Hey Ronak, be as u r. Ur hindi n english mix is awesome. Cheers

[@nilanjana5909]

Ronak please mix ur English wid Hindi....sounds great and very friendly!

[@SR-mv2mf]

Who owns Evernest?

[@MajuJacob87]

Love you 😘😘

[@sumaiyajafar9989]

Ppl who lost money in UAE has not got any money back or support from the government.its sad though

[@alameri563]

No thing to do with gov. It's all happened because of greadyness of people

[@piero17y65]

🤝

[@Shiva_The_King_007]

Hey Ronak can you make a video on career opportunities in Dubai?

[@reviewron]

Yes soon getting a big recruiterv

[@Shiva_The_King_007]

@@reviewron more details please

[@sensei3265]

Go be a scammer, so profitable there i believe.

[@jimmydsd1706]

@@reviewron also include Dubai job scams

[@a_myth_singh]

Greed aur Majboori ka mast combination use karke kya fruad kiya hai yeh log ne

[@reshmanair870]

Hi ronak, Can u make a detailed vdo on the BR Shetty scam

[@reviewron]

i think that story is very old now...i wonder if many would like to watch

[@reshmanair870]

@@reviewron Yes you are right... But dont know how many know as it was not the limelight. Since 2020 so many employees went off work.. Scam to the tune unimaginable. What shocked me was that i was of the opinion that Scam or cheating and stuff like that in UAE is impossible with the amount of strictness and monitoring in every department that have..I really wonder how this happened and he managed to flee back to India claiming innocence..

[@mikek545]

This guy should speak English.

[@mrme-m]

The victims have formed a whatsapp group as a action.. 😂😂😂 .

[@ashokchatlani380]

Dubai is where the Don is! Just joking.Your english is great 👍.

[@piero17y65]

I don't think it's a joke though. 😂

[@ikfitnessvlogs790]

I know where it happened 😂

[@i8it007]

Everestnest owner is South Asian, be specific. Is they are Indian or Pakistan or srilanka or Bangladesh. if they are Indian, u people mouth publish like Hell. but can't say specific if Pakistan.

[@reshmam2754]

Please don't use hinglish. It is very annoying. Please speak in hindi or English

[@swarsadhana4777]

True! Very Very Annoying.

[@sanaairani4257]

RONAK WIT HIS HINGLISH SOUNDS VRY APNA , SO PLZZZZ RONAK CONTINUE WIT UR CUTE HINGLISH

[@reviewron]

@@sanaairani4257 thank u sana🥰

[@sensei3265]

Don't try to turn people into something that you like, if you don't like it, go to another channel.

[@reshmanair870]

Language should not be a cause of annoy for anyone.. diverse world, different languages. Every body has the freedom. Look for more real reasons to be annoyed. Dont give importance to such a petty issue to annoy you. Ronak does really well with his vdos , in bi language. Enjoyable. relatable. . 👍👍

[@ahsenshahid]

Speak one language

[@user-hariom910]

Speak either hindi or english Dont speak hinglish

[@PPBMP]

Please speak in English or completely in Hindi. This way of speaking is extremely annoying. I understand a few words of English for your hindi videos but the way you carry on it's just sounds in extremely poor way. Hope you will take this criticism in a positive way. Thx

[@mg.f.9023]

Love the mix of Hindi & English, makes it quite original and natural.

[@relaxandlivelife7093]

God awful accent difficult to understand just slow down sounds like ur mumbling

[@Livesmart999]

भाई तेरी अंग्रेजी में भी हिंदी आती है अच्छा है नहीं तो यहां पर हिंदी के वीडियो में भी टूटी फूटी सड़ी गली अंग्रेजी घुसाने की आदत है

[@jayantsalian5285]

Please stick to one language...any ONE. It's irritating

[@syednali100]

You look so unprofessional by mixing hindi in you English commentary

[@anandseetarambhat]

Pathetic explanation with hindi words in between english. Sounds ewww.