What should you do when the bank's valuation is lower than your offer to purchase price?

Excerpt From Buy in Dubai:

Borrowers are really at the mercy of what the bank decides how much their future property is worth. If the bank's valuation is lower than the price you agreed to pay the owner, it could spell trouble. Suddenly, your downpayment becomes much larger, since the bank only provides 75% of their valuation, and not 75% of your agreed to price.

75% of 1.2 million is a lot lower than 75% of 1.25 million.

Check Buy in Dubai to see how to protect yourself.