Binghatti Amberhall Escrow Account

United Arab Bank holds the escrow account for Binghatti Amberhall, account number 9134*****9065 (the full number is shown in the Escrow Details section above). The account is linked to DLD project number 3552, which entered the Dubai Land Department register on 3 March 2025.

In the Dubai REST app, Services leads to Project Status, where the project is listed under the register name Binghatti Amberhall and project number 3552. Its Escrow panel shows United Arab Bank and the account number, which should match both this page and the escrow details written into the Sales and Purchase Agreement.

The 20% booking payment, the 50% paid during construction and the 30% due upon handover are all paid into the project escrow account. United Arab Bank releases money to the developer only against construction progress recorded through DLD inspections, which means 70% of the price is settled before the Q4 2026 expected handover while releases follow the building rather than the payment dates. The timing of the 50% construction share is set in each buyer's Sales and Purchase Agreement.

No. The 4% DLD registration fee is paid to the Dubai Land Department at booking, alongside the 20% booking payment, and it is not held in the Binghatti Amberhall escrow account. It is a government registration cost, so it is never released to the developer and does not fund construction.

The Dubai Land Department register shows Binghatti Amberhall at 38.03% following the inspection dated 30 April 2026, with the previous inspection listed at 0% and no date. Escrow releases follow recorded progress, so at that reading both the building and the release cycle tied to it were short of the halfway mark. The RERA report from the same inspection records enabling and foundation works as completed, with structural, MEP, finishing and envelope works progressing. Later readings are listed on the Binghatti Amberhall construction updates page.

The Dubai Land Department register lists 28 February 2026 as the registered completion date for Binghatti Amberhall, a date now in the past. The project remains registered and Active, buyer funds stay in the escrow account and are still released only against recorded progress, and a developer can apply to extend a registered completion date. The expected handover is Q4 2026, and the current completion date is shown on Dubai REST and can be confirmed with the developer.

Yes, the escrow protection continues. Money paid in remains in the escrow account and is released only against recorded construction progress, whatever the calendar shows, and a retention portion stays in escrow after completion. Escrow protects capital while the building is finished; it does not pay compensation for a later handover, and any terms on timing sit in the Sales and Purchase Agreement.

No. Every off-plan payment for Binghatti Amberhall belongs in the DLD-registered escrow account 9134*****9065 at United Arab Bank (the full number appears in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. An instruction to pay a personal account, an agent's account or a different company account, particularly one offering a discount for paying outside escrow, fits the usual pattern of payment fraud, however official the documents appear. Any such instruction can be checked against the Escrow panel for project 3552 in Dubai REST before money moves.

Under Dubai's off-plan framework, RERA takes control of the escrow account if a project is cancelled, and refunds to registered buyers are then handled from the money held there under Dubai Land Department supervision. Payments made to any other account fall outside that protection. Binghatti Amberhall is listed as Active on the register, with a reading of 38.03% at 30 April 2026. How the Dubai Land Department regulates off-plan projects is covered in the Dubai Land Department guide.

Binghatti Amberhall is registered to Binghatti Developers FZE, DLD developer number 1051. Binghatti's brochure for the project describes the brand as an Emirati, privately held developer with more than 60 projects valued at more than AED 40 billion and the delivery of 25,000 units before 2024. Those are company figures for the Binghatti brand rather than register data; the project's own record shows construction starting on 15 February 2025, DLD registration on 3 March 2025 and a reading of 38.03% at 30 April 2026.

The escrow account protects buyer payments by holding them under Dubai Land Department supervision and releasing them against recorded construction progress. It does not compensate buyers for a later handover, it does not guarantee resale value or rental returns, and it does not hold the 4% DLD registration fee. It also cannot protect money sent to any account other than the registered United Arab Bank escrow account for project 3552.