I would probably understand what you meant, but I would not recommend saying it that way. Dreaded is an adjective, not a noun. It would be understood that you meant "the dreaded ' something ' happened" , but it would be much better to say it in full.
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MustAskDoes it make sense?Yes, in the right context. You can also say:
AlpheccaStars"What we dreaded most happened."Note that in this case dreaded is a verb.
Blue Jay AlpheccaStars"What we dreaded most happened."Note that in this case dreaded is a verb.Yes, but so is 'unexpected' as in
MustAsk Blue Jay AlpheccaStars"What we dreaded most happened."Note that in this case dreaded is a verb.Yes, but so is 'unexpected' as in"... and then suddenly the unexpected happened"No, the unexpected is a noun. Unexpected in his arrival was unexpected is an adjective.
MustAskCan I say "the dreaded happened"?Does it make sense?It's possible, but not great. Maybe you mean Something dreadful happened?
MustAskIs there something I can substitute for "the dreaded something ". IWhy don't you tell us what the dreaded is?