Club Place at Dubai Hills Estate Escrow Account

Emirates NBD Bank (P.J.S.C) holds the escrow account for Club Place, account number 0204*****6138 (shown in full in the Escrow Details section above), opened under DLD project number 3197 when the project was registered in July 2024.

Club Place is marketed by Emaar and registered with the Dubai Land Department under the entity Dubai Hills Estate L.L.C, DLD developer number 984. Searching project 3197 in Dubai REST returns the registered entity name rather than the Emaar brand name, which is normal for projects developed through a master community company.

Club Place runs on an 80/20 construction linked plan: 10 percent on booking, 70 percent across seven instalments during construction, and 20 percent on completion. Each of those instalments is paid into the escrow account first, and the bank releases funds to the developer only against construction stages certified by DLD inspections. The 4 percent DLD registration fee payable at booking is a separate government fee and does not enter the escrow account.

The RERA inspection dated 16 June 2026 certified 68.82 percent completion, up from 60.02 percent at the previous inspection. Enabling foundation and structural works are complete across Tower A and Tower B, while internal works, interior finishes, the external envelope and MEP were progressing at different stages. Inspection by inspection detail is tracked on the Club Place construction updates page.

Yes, the protection continues. Funds stay in the escrow account and are still released only against certified progress, regardless of the calendar. Escrow protects the capital while the project completes, though it does not itself compensate for delays; those terms sit in the Sales and Purchase Agreement.

No. Every off plan payment for Club Place must go into the DLD-registered escrow account 0204*****6138 at Emirates NBD (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 exactly why paying only into the registered account matters: money sent anywhere else sits outside that protection. With 68.82 percent of construction already certified, Club Place is well past the stage where cancellation is a realistic concern, but the safety net exists regardless. The wider framework is explained in the Dubai Land Department guide.

Yes, Club Place at Dubai Hills Estate is a freehold project, open to all nationalities.

It depends on the layout. The property investment threshold for the 10 year Golden Visa is AED 2 million (approx USD 545,000). One bedroom apartments at Club Place started from AED 1.45 million (approx USD 395,000) and sit below that threshold, while two bedroom apartments from AED 2.23 million (approx USD 607,000) and three bedroom apartments from AED 3.40 million (approx USD 926,000) clear it. The full requirements and application timing are covered in the Club Place Golden Visa guide.