DUBAI REAL ESTATE SCAM!!! WARNING TO ALL PROPERTY INVESTERS AND FIRST TIME HOME BUYERS!!!
Smith and Ken, also known as S&K, are the latest criminals to use a UAE registered company in order to conduct Real Estate scams in Dubai.

Beware of the following names in the Real Estate industry:

Benjamin Smith Company CEO / [email protected]
Susanne Adam (Smith) Head of Client Services +971 55 113 4302 [email protected]
Rhea Malagum Head of Conveyance +971 55 773 9768 [email protected]
David Kodama Senior Sales Negotiator +971 50 115 5406 [email protected]
Jeremy Bentley Head of Smith and Ken Homes and Loans +971 52 771 7061 [email protected]
Rebecca Cooper Admin Manager +971 56 979 3599 [email protected]

Beware of these names as they are all part of the same British criminal organization conducting property scams in Dubai. They set up their operation in the UAE in 2008 and started taking advantage of the fact that many property owners fled the country due to non-payment of mortgage loans which created an opportunity to set up fake property deals. Smith and Ken use names of previous title deed owners to get clients to commit to fake agreements. Smith and Ken is collecting 10% deposits in the name of their company, instead of the name of the seller. This is NOT legal in Dubai. The cheque should be in the name of the seller, NOT the agent. The funds should NOT be cashed until the transfer date.

They should be collecting a deposit from both buyer and seller which protect both parties. Smith and Ken collect deposits from the buyer only and do not return the deposit once the seller determines the transaction is a scam.

Please take this as a WARNING from someone who feel victim to this scam and is currently negotiating with RERA to take legal action and put the names listed above in prison where they belong. Help keep this city free from the parasites that come here and exploit the real estate market for their own personal financial gain.

We sold a house with Smith and Ken

They lost a buyer by trying to increase the price by just presenting the new deal to the buyer when he arrived in the office, I was quite surprised by this method, but was told "they usually succumb" when presented with it - he stormed out...

They held on to our money for over a week giving various excuses from being too busy to pay the cheque in, "the person in charge has left for the day” to “I would like to inform you that the request form was submitted to the bank. The driver informed us the bank system was down and despite submitting the request the bank will only process tomorrow morning” It transpired they were waiting for a signature and I was just told it was unavoidable with no feedback on why the staff lied about this.

When we tried to make a complaint they said that we owe them money as they lost out on a deal with more commission, and came up with a crazy figure of an additional 5% of the deal...cant quite understand where they get the number from as we paid them 2% (nearly 100k) and they should have got 2% from the buyer...so where does the additional 3% come from??? do they really expect to take 7% of your money???? (contracts says 2% and 2%)