Binghatti Cullinan Escrow Account

United Arab Bank holds the escrow account for Binghatti Cullinan, account number 9134*****9069 (shown in full in the Escrow Details section above). The account is recorded in Dubai REST under DLD project number 4247, which was registered with the Dubai Land Department on 30 December 2025.

In the Dubai REST app, the Project Status service lists the project under its registered name, Binghatti Cullinan, with project number 4247 and status Active. The Escrow panel for that record shows the bank name, United Arab Bank, and the account number. A payment instruction that matches both the panel and the Sales and Purchase Agreement points to the registered trust account.

Binghatti Developers FZE, DLD developer number 1051, is the registered developer of Binghatti Cullinan in the Dubai Land Department register and in RERA's inspection report, while Binghatti is the brand used in marketing. The registered entity is the one linked to the project's escrow account, so the developer name on the Sales and Purchase Agreement and on payment instructions is expected to match the register.

The DLD register reading supplied for November 2025 is 0%, dated 25 November 2025, taken before the recorded construction start of 1 December 2025 and the registration date of 30 December 2025. For deposits, that reading is the baseline: buyer payments are held in the trust account, and construction-linked releases to the developer follow verified progress measured from that starting point. Each later reading is tracked on the Binghatti Cullinan construction updates page.

Under the 20/50/30 plan, 50% of the price is paid during construction. Those instalments are paid into the escrow account at United Arab Bank and released to the developer only as construction progress is verified. No dates for the construction share have been published by the developer, so the instalment schedule that applies is the one written into the Sales and Purchase Agreement.

No. The 4% DLD registration fee is due at booking together with the 20% first payment, but it goes to the Dubai Land Department and is not held in the escrow account. Only payments toward the purchase price, starting with the 20% booking payment, go into the Binghatti Cullinan trust account at United Arab Bank.

The final 30% of the price is due on handover, scheduled for Q2 2027, as the last stage of the 20/50/30 plan. After completion, part of the project funds is retained in the escrow account as cover for defect repairs, and the handover and defect terms for each unit are set out in the Sales and Purchase Agreement.

The protection continues. Buyer funds remain in the escrow account and are released only against verified construction progress, whatever the calendar says. Escrow protects capital while the project is completed; it does not compensate buyers for a later handover, and any terms on late completion sit in the Sales and Purchase Agreement.

No. Every off-plan payment for Binghatti Cullinan is made into the DLD-registered escrow account 9134*****9069 at United Arab Bank (the full number is in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. A request to pay a personal account, an agent's account or a different company account, particularly one offering a discount for paying outside escrow, follows the usual pattern of payment fraud, however official the paperwork appears. The registered account for project 4247 in Dubai REST and the escrow details in the Sales and Purchase Agreement are the two references any changed payment instruction has to match.

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. That safeguard reaches only money held inside the registered account, so payments made anywhere else fall outside it. With the reading supplied for November 2025 at the 0% baseline, the trust account itself is the core protection for Binghatti Cullinan buyers at this stage. The regulatory framework behind it is covered in the Dubai Land Department guide.

Escrow protects the capital paid toward the purchase price of a Binghatti Cullinan apartment. It does not guarantee a handover date, compensate for late completion, or protect money paid outside the registered account. The 4% DLD registration fee goes to the Dubai Land Department rather than into escrow, and terms on late completion, defects and specifications are governed by the Sales and Purchase Agreement.

Binghatti's brochure for Binghatti Cullinan describes the company as a privately held Emirati property brand with over 80 projects valued at more than AED 80 billion, and states the delivery of 12,000 units prior to 2024. These are developer-published figures rather than register data. Binghatti Cullinan's own DLD record begins with the 0% baseline reading of 25 November 2025, construction start on 1 December 2025 and registration on 30 December 2025.