Binghatti Starlight Escrow Account

The Binghatti Starlight escrow account is held at Emirates NBD Bank (P.J.S.C) under account number 0405*****2008 (available in full under Escrow Details above). It is the trust account recorded against DLD project number 3195, which entered the Dubai Land Department register on 15 November 2024.

In the Dubai REST app, the Project Status service lists every registered off-plan project. Searching project number 3195 or the name Binghatti Starlight opens the project record, and its Escrow Account panel shows the bank and account number to match against the Sales and Purchase Agreement and any payment instruction. The app is the authoritative source if any detail differs from a document or a message.

Under the 20/50/30 plan, the 20% down payment and the 50% construction share are paid into the escrow account, and the bank releases those funds to Binghatti only against construction progress verified through DLD inspections. The remaining 30% is due on handover. The plan carries no fixed instalment dates on this page; the schedule, and how much of the construction share has already been called, are set out in the Sales and Purchase Agreement.

No. The 4% DLD registration fee is paid at booking alongside the 20% down payment, but it goes to the Dubai Land Department as a government fee, not into the project escrow account. Only payments toward the purchase price itself sit in escrow and follow the release rules.

The latest DLD register reading on file shows 63.11% progress at 14 May 2026, up from 28.94% at the previous inspection, which the register does not date. The RERA inspection of 14 May 2026 recorded the superstructure as completed, with internal works, interior finishes, the external envelope, external works and MEP works ongoing. Releases from escrow follow the progress verified at each inspection, and newer readings are tracked on the Binghatti Starlight construction updates page.

Yes. The registered completion date of 31 March 2026 and the original Q1 2026 handover schedule have both passed, and the current expected handover date is to be confirmed with Binghatti and in the Sales and Purchase Agreement. The calendar does not change the escrow rules: funds already in the account stay there and are released only against verified progress, and a retention portion is held back after completion for defect repairs, the stage covered in the Binghatti Starlight snagging inspection guide. Escrow protects capital; it does not pay compensation when completion takes longer than scheduled, and any such terms sit in the Sales and Purchase Agreement.

No. Every off-plan payment toward a Binghatti Starlight apartment belongs in the DLD-registered escrow account 0405*****2008 at Emirates NBD (the complete number is available under Escrow Details above), as recorded in the Sales and Purchase Agreement. A request to route money to a personal account, a broker's account or a different company account, particularly one sweetened with a discount for paying outside escrow, matches the standard pattern of payment fraud however genuine the paperwork appears. Such a request is checked against the escrow account shown in Dubai REST and the agreement before any money moves.

Should the Dubai Land Department cancel a registered project, RERA takes control of the escrow account, from which buyer refunds are handled out of the protected balance under DLD supervision. That protection reaches only money paid into the registered account, which is why the account number matters more than any other line in a payment instruction. The safety net applies at every stage, including the 63.11% register reading Binghatti Starlight showed at 14 May 2026. The wider regulatory picture is covered in the Dubai Land Department guide.

The escrow account protects payments toward the purchase price while the tower is built. It does not hold the 4% DLD registration fee, it does not protect money sent to any account other than the registered one, it does not pay compensation if completion moves past a scheduled date, and it does not assess the finish quality of an individual apartment, which is the role of the handover inspection and the post-completion retention.

The Dubai Land Department register and the RERA inspection report list the developer of Binghatti Starlight as Binghatti Developers FZE, developer number 1051, under project number 3195 on plot 861. Binghatti is the name used in the project's marketing.

The final 30% falls due on handover, with no date fixed on this page while the current handover date is to be confirmed with Binghatti. Under the Sales and Purchase Agreement it is settled before the keys are released. Separately, a retention portion of the escrow balance remains in the account after completion to cover defect repairs, which gives an independent pre-handover inspection practical weight. That inspection is covered in the Binghatti Starlight snagging inspection guide.