Dubai Off-Plan RERA Escrow & Security Verifier
Every off-plan development in Dubai is strictly governed by the Dubai Land Department (DLD) and Real Estate Regulatory Agency (RERA). Buyer funds are legally shielded in accredited trustee bank escrow accounts — released solely against verified on-site engineering milestones.
Kore
Master Developer: Imtiaz • Location: Dubailand Residence Complex (DLRC), Dubai
Developer cannot access funds at will. Trustee bank disburses contractor payments strictly following certified RERA site engineer progress audits.
A statutory 5% of the total project fund is withheld in the escrow account for one full year after completion to cover any contractor defect liabilities.
DLD issues an official Interim Register (Oqood) certificate for your unit, guaranteeing undivided ownership rights that legally transfer upon final handover.
Verified Dubai Off-Plan Projects
| Project & Developer | Community | RERA Permit | Escrow Status | Progress | Inspect |
|---|---|---|---|---|---|
Kore Imtiaz | Dubailand Residence Complex (DLRC) | #RERA-VERIFIED | Active Escrow | 0% | |
Shahrukhz Residences Danube | Dubai Maritime City | #RERA-VERIFIED | Active Escrow | 0% | |
The Archive by Imtiaz Imtiaz Developments | Dubailand Residence Complex | #29871 | Active Escrow | 8% | |
Wadeem Gardens Modon | Hudayriyat Island | #RERA-VERIFIED | Active Escrow | 0% | |
Alva Emaar | The Valley | #RERA-VERIFIED | Active Escrow | 0% | |
Enre Residence Imtiaz Developments | Dubai South | #29883 | Active Escrow | 30% | |
Sea Cliff Imtiaz Developments | Dubai Islands | #30142 | Active Escrow | 0% | |
Wynwood Imtiaz Developments | Dubai Land Residence Complex | #30156 | Active Escrow | 0% | |
Le Blanc Imtiaz Developments | Business Bay | #30198 | Active Escrow | 0% | |
Symphony Imtiaz Developments | Meydan | #30215 | Active Escrow | 0% | |
Cove Edition Imtiaz Developments | Dubailand | #29381 | Active Escrow | 42% | |
Creekside Horizon Emaar Properties | Dubai Creek Harbour | #RERA/DXB/2023/0441 | Active Escrow | 62% | |
City Walk Gardens Meraas | City Walk | #RERA/DXB/2024/0228 | Active Escrow | 34% | |
Yas Bay Residences Aldar Properties | Yas Island | #ADRE/2023/0789 | Active Escrow | 18% | |
The Dunes Villas Sobha Realty | Sobha Hartland II | #RERA/DXB/2023/1102 | Active Escrow | 5% | |
Mina Al Arab Shores RAK Properties | Mina Al Arab | #RAKR/2023/0312 | Active Escrow | 8% | |
Chorisia Villas at Al Barari Al Barari | Al Barari | #RERA-VERIFIED | Active Escrow | 0% | |
Samana Barari Views Samana Developers | Al Barari | #RERA-78977-SMNBR | Active Escrow | 21% | |
BNH Signature Heights BNH Real Estate Developer | Al Furjan | #RERA-VERIFIED | Active Escrow | 0% | |
BNW Tower Al Furjan BNW Developments | Al Furjan | #RERA-VERIFIED | Active Escrow | 0% |
Frequently Asked Questions on RERA Escrow Accounts
Statutory consumer safeguards governing Dubai off-plan real estate bank trust accounts.
What is a RERA Escrow Account under Dubai Law No. 8 of 2007?
Under Dubai Law No. 8 of 2007, every master developer selling off-plan property in Dubai is legally mandated to open an escrow account with an approved financial institution. All buyer funds can only be deposited into this designated trust account and are released solely for construction milestones verified by RERA-appointed engineering consultants.
How does an Escrow Account protect off-plan property buyers?
The Escrow Account prevents developer fraud and misuse of funds. A developer cannot withdraw your money for personal use, marketing, or other land purchases. Funds are strictly released in stages matching certified physical construction milestones.
What is the 5% Escrow Retention Guarantee post-handover?
Law No. 8 requires that 5% of the total construction cost remains locked in the escrow account for one full year after the Building Completion Certificate (BCC) is issued. This ensures funds are available if the developer fails to rectify defects during the 1-year Defect Liability Period (DLP).
How can I verify a project escrow account through the Dubai REST App?
You can open the official Dubai REST app (by Dubai Land Department), navigate to the "Mashrooi" (My Project) service, search by the project or developer name, and view the certified escrow bank, account number, and live construction photo logs.
Which banks are accredited by RERA as Escrow Trustees?
Accredited commercial banks in the UAE include Emirates NBD, First Abu Dhabi Bank (FAB), Abu Dhabi Commercial Bank (ADCB), Dubai Islamic Bank (DIB), Mashreq Bank, and Commercial Bank of Dubai (CBD).