Arancia at The Yards Escrow Account

Abu Dhabi Commercial Bank (ADCB) holds the escrow account for Arancia at The Yards, account number 1450*****20002 (the complete number is displayed in the Escrow Details section above), which is the escrow account recorded for DLD project number 4480.

Under the developer's launch payment plan, the 10% booking payment and the 30% paid in construction instalments go into the escrow account, and the bank releases funds to Beyond Developments only against construction progress recorded through DLD inspections. The remaining 60% is due on completion, expected in Q1 2029, and the instalment schedule is set out in the Sale and Purchase Agreement.

The DLD inspection dated 18 May 2026 gave Arancia at The Yards a register reading of 0%, with no works on site at that visit, and no earlier reading exists. Because the construction start is recorded on the register for 30 October 2026, no construction progress had yet been recorded against which escrow funds could be released. Each subsequent reading for project 4480 is logged on the Arancia at The Yards construction updates page.

No. The 4% DLD registration fee is paid to the Dubai Land Department at booking, alongside the 10% booking payment, and it is not held in the escrow account. The escrow account at Abu Dhabi Commercial Bank receives payments toward the purchase price itself, so the fee never forms part of the protected balance.

Yes, the protection does not lapse with the calendar. Money already paid stays in the escrow account and is released only against construction progress recorded through DLD inspections, whatever the date. Escrow protects capital while the project is built but does not compensate for lateness: any delay terms sit in the Sale and Purchase Agreement. The developer's expected handover is Q1 2029.

No. Every off-plan payment toward an Arancia at The Yards apartment belongs in the DLD-registered escrow account 1450*****20002 at Abu Dhabi Commercial Bank (the full number is in the Escrow Details section above), as recorded in the Sale and Purchase Agreement. A request to route money to a personal account, an agent, or a different company account, particularly one offering a discount for paying outside escrow, fits the usual pattern of payment fraud however official it appears. The reliable reference points are the escrow account shown for project 4480 in Dubai REST and the escrow clause of the SPA.

RERA takes control of the escrow account if a project is cancelled, and refunds to buyers are then handled from the funds held in that account under Dubai Land Department supervision. That safety net reaches only money paid into the registered account: a payment sent anywhere else falls outside it. The wider regulatory framework is set out in the Dubai Land Department guide.

In the Dubai REST app, the Project Status service under Services lists Arancia at The Yards as project number 4480. Its Escrow Account panel shows the bank and the account number, and those two details are expected to match both the Escrow Details section of this page and the Sale and Purchase Agreement before any transfer is made.

Each off-plan purchase at Arancia at The Yards is registered with the Dubai Land Department under Oqood, the interim register for off-plan sales, following the booking payment and the 4% DLD registration fee. After completion and settlement of the 60% completion payment, the Oqood record gives way to a title deed issued by the Dubai Land Department in the buyer's name.

Beyond Developments is a premium real estate brand under OMNIYAT Group, and its Dubai projects include Soulever in Dubai Maritime City, Passo on Palm Jumeirah and HADO at SIORA on Dubai Islands. Arancia is the first project to take shape within The Yards, so the community has no completed earlier phase. Its own DLD record shows project 4480 as Active, a 0% reading at the 18 May 2026 inspection, and a construction start recorded for 30 October 2026.

The escrow account protects buyer payments toward the purchase price and ties their release to recorded construction progress. It does not compensate for a late handover, since delay terms sit in the Sale and Purchase Agreement; it does not hold the 4% DLD registration fee, which goes to the Dubai Land Department; it does not guarantee resale value or rental returns; and it cannot protect money paid into any account other than the registered escrow account.