Eltiera Views Escrow Account

Abu Dhabi Commercial Bank holds the escrow account for Eltiera Views, account number 1449*****20002 (the full number is revealed by the Show button in the Escrow Details section above). The account is registered against DLD project number 4116, which the Dubai Land Department lists as Active, and the same bank appears as the trust account bank on the project's progress report.

Every instalment on the Eltiera Views 70/30 plan is paid into the escrow account first: the 20 percent down payment, five instalments falling due 60, 120, 180, 240 and 360 days after the reservation date, four instalments tied to the 20, 30, 40 and 50 percent construction milestones, and the final 30 percent on completion. Money leaves the account only when the bank releases it to the developer against construction progress verified through DLD inspections, so the payment calendar and the release calendar are two separate things.

No. The 4% DLD registration fee is paid to the Dubai Land Department at the booking and SPA stage, alongside the 20 percent down payment, and it is not held in the Eltiera Views escrow account. It is a government registration charge rather than part of the purchase price, so it is never released to the developer and does not count toward any instalment.

The AED 40,000 booking token is the developer's first booking step for an Eltiera Views unit, paid by UAE cheque or by credit card through Ellington's own payment portal. A receipt and booking form follow from the developer, then the down payment and registration fees, after which two copies of the Sales and Purchase Agreement are issued for signature. How the token is credited against the down payment is set out in the booking form and the Sales and Purchase Agreement.

In the Dubai REST app, the Project Status service under Services finds the project by number 4116 or by the name Eltiera Views. The record shows the project status and its escrow details, which should read Abu Dhabi Commercial Bank and match the account number in the Sales and Purchase Agreement digit for digit. The check takes about two minutes.

No. All off-plan instalments for Eltiera Views belong in the DLD-registered escrow account 1449*****20002 at Abu Dhabi Commercial Bank, matching the account named in the Sales and Purchase Agreement (the full number is available in the Escrow Details section above). A request to pay a personal account, an agent'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 official the paperwork appears. Money sent that way sits outside escrow protection, which is why any such request is compared with the account in Dubai REST and the agreement before a single dirham moves.

The only DLD inspection on record for Eltiera Views, dated 5 December 2025, gives a register reading of 0 percent, and its notes record no construction activities on site at the time of inspection. The register lists a construction start of 16 April 2026 and registration on 6 May 2026. That reading had not yet triggered any of the four construction-linked instalments. Each new reading is tracked on the Eltiera Views construction updates page.

Yes. The protection does not lapse with the calendar. Funds stay in the escrow account and are released only against verified construction progress, whether handover arrives in the expected Q4 2029 or later. Escrow protects capital while the project is built; it does not pay compensation for a delay, and any delay terms sit in the Sales and Purchase Agreement.

Should the Dubai Land Department cancel a registered project, RERA takes control of the escrow account, and refunds to buyers are paid from the protected funds under DLD supervision. That safety net covers only money paid into the registered account, which is the practical reason every Eltiera Views instalment goes to Abu Dhabi Commercial Bank and nowhere else. The wider regulatory framework is covered in the Dubai Land Department guide.

The Eltiera Views escrow account protects buyer payments made into it while the project is built. It does not cover money sent to any other account, it does not pay compensation for a late handover, and it does not guarantee resale prices or rental returns. The 4% DLD registration fee also sits outside it, because that fee is paid to the Dubai Land Department rather than into escrow.

Ellington has no delivered building in Jumeirah Islands yet. Its clearest dated Dubai delivery is Harrington House in Jumeirah Village Circle, a 92-residence building where handover began in November 2022 and which the developer reported as completed ahead of schedule. The same developer announcement lists Belgravia Heights I in Jumeirah Village Circle, DT1 in Downtown Dubai and Wilton Park Residences in Mohammed Bin Rashid City among its delivered projects. Past handovers are evidence of how the developer operates, not a promise about the Q4 2029 date.

ELLINGTON PCFC DEVELOPERS L.L.C, developer number 2371, is the registered developer entity for the project on the DLD register. Eltiera Views is marketed under the Ellington Properties name, and the registered entity is the developer recorded against project 4116 and its Abu Dhabi Commercial Bank escrow account.