Bayview by Address Resorts at Emaar Beachfront Escrow Account

Abu Dhabi Commercial Bank holds the escrow account for Bayview by Address Resorts, account number 1065*****20045 (shown in full in the Escrow Details section above). The account belongs to DLD project number 2646, registered with the Dubai Land Department on 29 May 2023, with Emaar Development P.J.S.C. as the registered developer.

On the 2023 launch schedule, 90 percent of the price is paid during construction and 10 percent on construction completion, across a down payment and ten instalments running from June 2023 to July 2028. Every instalment is paid into the project escrow account, and the bank releases funds to the developer only against construction progress recorded by DLD inspections. The 5th to 10th instalments are each tied to a construction completion milestone of 10, 20, 40, 60, 80 and 100 percent. Buyers entering today are quoted the developer's current terms, and each buyer's own due dates are the ones set in the Sales and Purchase Agreement.

The DLD inspection dated 14 September 2026 recorded 63.02 percent construction progress, up from 48.92 percent on 30 June 2026, and escrow releases to the developer follow progress recorded by these inspections. On the launch schedule, the 8th instalment is tied to 60 percent construction completion (estimated March 2027) and the 9th to 80 percent (estimated September 2027), so the latest reading sits above the first of those triggers and below the second. The full inspection history is tracked on the Bayview by Address Resorts construction updates page.

Oqood is the Dubai Land Department's interim register for off-plan property. Registering a Bayview unit in Oqood records the sale against DLD project number 2646, the project whose escrow account at Abu Dhabi Commercial Bank receives the instalments, and gives the buyer an official record of the purchase long before a title deed can be issued after completion.

The 4% DLD registration fee is a Dubai Land Department charge for registering the purchase, payable on top of the purchase price. It is not one of the purchase-price instalments that the escrow account holds and releases against construction progress. On the Bayview launch schedule the fee falls due at booking, alongside the 10 percent down payment.

Yes, the protection lasts for as long as construction does. Money in the escrow account is released only against recorded construction progress, whatever the calendar says, so a slower build means slower releases rather than earlier ones. The registered completion date for Bayview is 31 July 2028 and the expected handover is July 2028. Escrow protects capital while the project completes; it does not itself compensate for delay, and any delay terms sit in the Sales and Purchase Agreement.

No. Every off-plan instalment for Bayview must go into the DLD-registered escrow account 1065*****20045 at Abu Dhabi Commercial Bank (the full number sits in the Escrow Details section above), exactly as recorded in the Sales and Purchase Agreement. A request to send money to a personal account, an agent's account or a different company account, particularly one sweetened with a discount for paying outside escrow, fits the standard pattern of payment fraud however official the paperwork looks. Any such request should be checked against the escrow account registered in Dubai REST and against the Sales and Purchase Agreement before funds move.

RERA takes control of the escrow account if a project is cancelled, and buyer refunds are then paid from the protected funds, supervised by the Dubai Land Department. That protection reaches only money paid into the registered account; funds sent anywhere else sit outside it. With 63.02 percent of construction recorded at the 14 September 2026 inspection, Bayview is well beyond the early stages of its build, but the safety net applies regardless of progress. How that framework operates across Dubai is covered in the Dubai Land Department guide.

The escrow details are published in the Dubai REST app under Services, then Project Status. Searching project number 2646 or the register name "Bayview" opens the project record, and its Escrow Account panel shows the bank, Abu Dhabi Commercial Bank, and the account number, which should match both the Escrow Details section of this page and the Sales and Purchase Agreement digit for digit.

The escrow account protects buyer payments while Bayview is built. It does not compensate for delays, guarantee resale prices or rental returns, or hold the 4% DLD registration fee, agency fees or service charges after handover, and it offers no protection for money paid into any other account. After completion a retention portion stays in escrow to support defect repairs, while identifying those defects is the purpose of the buyer's handover inspection, covered in the Bayview snagging inspection guide.

Bayview itself has not been delivered; its handover is expected in July 2028. Recent Emaar deliveries elsewhere in Dubai include Creek Palace (March 2026), Seagate (September 2025), June (June 2025) and Bliss (November 2024). These are Dubai portfolio projects rather than Emaar Beachfront phases, and the dates come from Tohid Fetrat's own delivery records and have not been verified against DLD registers. Emaar's wider delivery history is covered in the Emaar developer profile.