Ellington Sands 2 Escrow Account

Abu Dhabi Commercial Bank (ADCB) holds the escrow account for Ellington Sands 2, account number 1015*****20017 (the complete number appears in the Escrow Details section above). The account is recorded against DLD project number 4140, registered as Ellington Sands II on 31 October 2025.

Every off-plan instalment under the 70/30 plan is paid into the escrow account first: the 20% booking payment, the reservation-date instalments of 10%, 10%, 5% and 5%, the four 5% instalments linked to 20%, 30%, 40% and 50% construction, and the 30% due on completion. The bank releases funds to the developer only against construction progress recorded by DLD inspections, not according to the payment calendar.

The DLD register reading recorded on 5 June 2026 is 0.38%, against a previous inspection of 0% for which no date is shown. The RERA progress report for that inspection notes enabling works progressing at the site. Because escrow releases follow recorded progress, money paid in at this stage stays subject to release against later inspections. The reading history is tracked on the Ellington Sands 2 construction updates page.

No. The 4% DLD registration fee is paid at booking, alongside the 20% down payment, to the Dubai Land Department to register the purchase. It is a government fee rather than part of the price held for construction, so it is never deposited into the Ellington Sands 2 escrow account and is never released to the developer.

Yes, the escrow protection does not depend on the calendar. Funds stay in the account and are released only against recorded progress, whenever that progress happens. Escrow protects capital while a project is completed; it does not compensate buyers for delay, and any delay terms sit in the Sales and Purchase Agreement.

No. Off-plan payments for Ellington Sands 2 belong only in the DLD-registered escrow account 1015*****20017 at Abu Dhabi Commercial Bank (the full number is in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. A request to pay into a personal account, an agent's account or a different company account, particularly one offered with a discount for paying directly, matches the usual pattern of payment fraud however genuine the paperwork appears. Instructions of that kind are verified by comparing them with the Dubai REST escrow panel and the SPA before any transfer is made.

Cancellation of a registered project is a Dubai Land Department decision; in that event RERA takes control of the escrow account, and refunds to buyers are made from the protected funds under DLD supervision. That protection reaches only money paid into the registered account, which is why payments sent anywhere else fall outside it. The regulatory background is covered in the Dubai Land Department guide.

In the Dubai REST app, the Project Status service lists the project under number 4140 with the register name Ellington Sands II. Its Escrow panel shows the bank name, Abu Dhabi Commercial Bank, and the account number, which should match the Escrow Details section of this page and the Sales and Purchase Agreement digit for digit. Where the app and any other source differ, the app reflects the register.

The DLD register and the RERA progress report record the developer of Ellington Sands 2 as ELLINGTON PROPERTIES DEVELOPMENT L.L.C, developer number 1117. That registered name, rather than the Ellington brand name used in marketing, is the entity shown against the project in Dubai REST.

Ellington's published project material lists completed residential buildings including Belgravia (181 units, delivered in 2017), Belgravia II and Eaton Place (110 units), both delivered in 2019, Belgravia III (260 units, delivered in 2021) and Harrington House (92 residences, with handover beginning on 1 November 2022 per an Ellington announcement). None of these is on Dubai Islands, and the record describes the Ellington brand rather than a guarantee for the Q4 2028 handover of Ellington Sands 2.

The final 30% of the 70/30 plan is due on completion and is paid into the escrow account like every earlier instalment. During construction each sale is recorded with the Dubai Land Department through Oqood, the off-plan registration; after completion, ownership moves from the Oqood registration to a title deed issued by the Dubai Land Department. Under the escrow framework, a retention amount is held back from the developer after completion to cover the repair of defects.

No. The escrow account protects buyer payments by holding them under DLD supervision and releasing them only against recorded construction progress. It does not compensate for delay, does not hold the 4% DLD registration fee, does not protect money paid into any other account, and is not a refund facility for a buyer who decides to withdraw; refund and cancellation rights between buyer and developer are governed by the Sales and Purchase Agreement. Refunds from escrow arise in the cancellation scenario, where RERA takes control of the account after the Dubai Land Department cancels the project.