Binghatti Wraith at Al Jaddaf Escrow Account

United Arab Bank holds the Binghatti Wraith escrow account, number 9134*****9073 (the complete number appears in the Escrow Details section above), registered against DLD project number 4482. The same bank is named as the trust account bank on the project's Dubai Land Department inspection report.

Buyer payments for Binghatti Wraith are held in the project escrow account, and under the DLD escrow framework the bank releases funds to the developer against construction progress verified by the project engineer and recorded through Dubai Land Department inspections, not according to the calendar. An instalment due under the SPA enters escrow when it is paid, while its release follows the recorded progress of the works.

The only DLD register reading for Binghatti Wraith is 0% on 20 May 2026, when the inspector recorded that no construction activities had started, with construction listed on the register as starting on 1 July 2026. At that reading the record showed no completed stage of works for releases to follow. Each later reading is tracked on the Binghatti Wraith construction updates page.

Yes. Money already paid remains inside the escrow account, and releases keep following recorded construction progress rather than the calendar, so a later handover does not take buyer funds out of DLD supervision. Escrow protects capital while the project completes; it does not compensate for delay, and any delay terms sit in the Sales and Purchase Agreement. For the project itself, the DLD register currently shows the registered completion date as 30 December 2027.

No. Off-plan payments for Binghatti Wraith belong in the DLD-registered escrow account 9134*****9073 at United Arab Bank (the full number is in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. Instructions to send money to an individual, to an agent or to some other company account, especially when a discount is offered for paying outside escrow, follow the usual shape of payment fraud however genuine the paperwork appears. Any such instruction can be tested against the escrow account shown in Dubai REST and in the SPA before money moves.

RERA takes control of the escrow account if a project is cancelled, which would place the funds held for Binghatti Wraith buyers under DLD supervision, the route through which buyer refunds are handled. That safeguard reaches only money paid into the registered account, so a payment sent anywhere else falls outside it. At the 0% reading of 20 May 2026 Binghatti Wraith stood at its pre-construction baseline, and the mechanism applies at every stage of the build. The wider DLD framework is covered in the Dubai Land Department guide.

No. The 4% DLD registration fee is paid to the Dubai Land Department when the purchase is registered, not into the Binghatti Wraith escrow account, and it sits outside the indicative 60/40 plan. Only the purchase-price payments set out in the SPA go into escrow.

The Dubai REST app lists the project under Services, then Project Status, searchable by project number 4482 or by the name Binghatti Wraith. Its Escrow panel shows the bank and the account number, which for Binghatti Wraith read United Arab Bank and the number given in the Escrow Details section above, and the same record holds the project's inspection reports.

Oqood is the Dubai Land Department register for off-plan sales, and registering a Binghatti Wraith purchase under it records the buyer's interest in a specific unit while the tower is built. Title to the completed apartment passes after completion and handover, once the payments due under the SPA are settled, with the exact process and timing governed by DLD procedures and the SPA.

Escrow protects buyer payments made into the registered Binghatti Wraith account. It does not cover money paid anywhere else, does not compensate for a later handover, and does not guarantee the finished specification, rental returns or resale prices. Registration fees and other purchase costs sit outside it, and remedies for delay or quality are matters for the SPA.

The DLD record for Binghatti Wraith holds four dated entries: a 0% inspection on 20 May 2026, a construction start of 1 July 2026, registration on 23 July 2026 and a registered completion date set for 30 December 2027. That is a project-level register history rather than a delivery history, and it includes no dated Binghatti handovers.