Binghatti Aquarise Escrow Account

First Abu Dhabi Bank P.J.S.C. holds the escrow account for Binghatti Aquarise, account number 9009*****9924005 (shown in full in the Escrow Details section above), opened under DLD project number 3585 when the project was registered in April 2025.

The registered developer of Binghatti Aquarise is Binghatti Developers FZE, DLD developer number 1051. Binghatti is the brand name used in marketing material, while Binghatti Developers FZE is the legal entity recorded against project 3585 and named on the escrow account. Both refer to the same developer.

The 20/50/30 construction linked plan means the booking payment and every construction instalment land in the escrow account first. First Abu Dhabi Bank releases funds to the developer only against construction stages certified by DLD inspection, and the closing 30 percent falls due at handover, expected in Q4 2027.

No. The 4 percent Dubai Land Department registration fee is a government charge paid to the Dubai Land Department at registration and sits outside the escrow account. Only the purchase price instalments under the 20/50/30 plan pass through escrow account 9009*****9924005.

The DLD inspection dated 14 May 2026 certified 21.04 percent completion, against zero percent recorded at the previous inspection. Enabling, foundation, substructure and superstructure works are progressing alongside internal works and MEP. Inspection by inspection detail is tracked on the Binghatti Aquarise construction updates page.

The escrow protection continues regardless of the calendar. Funds remain in the account and continue to be released only against certified progress. Escrow protects the capital while the project completes; it does not itself compensate for delay, and any delay remedies sit in the Sales and Purchase Agreement.

No. Every off-plan payment for Binghatti Aquarise must go into the DLD-registered escrow account 9009*****9924005 at First Abu Dhabi Bank (the full number sits in the Escrow Details section above), exactly as recorded in the Sales and Purchase Agreement. Any request to send funds to a personal account, an agent's account, or an alternative company account, especially one paired with a discount for paying directly, is the classic pattern of payment fraud, no matter how official the paperwork looks. Any such request should be checked against the escrow account registered in Dubai REST and the details in the Sales and Purchase Agreement before any funds are sent.

If the Dubai Land Department cancels a registered project, RERA takes control of the escrow account and buyer refunds are processed from the protected funds under DLD supervision. This is precisely why paying only into the registered account matters: money sent anywhere else sits outside that protection and outside that process. The wider framework is explained in the Dubai Land Department guide.

Yes, Binghatti Aquarise is a freehold project, open to all nationalities.

It depends on the tier. The 10-year Golden Visa requires a property investment of at least AED 2 million. Two bedroom apartments from AED 2.70 million (approx USD 735,000), three bedrooms from AED 5.21 million and four bedrooms from AED 6.50 million clear that threshold, while studios from AED 950,000 and one bedroom apartments from AED 1.88 million fall below it on a single unit purchase. The requirements and application timing are covered in the Binghatti Aquarise Golden Visa guide.