Equiterra 2 at Grand Polo Escrow Account

Dubai Islamic Bank (Public Joint Stock Company) holds the escrow account for Equiterra 2, account number 0016*****948401 (shown in full in the Escrow Details section above), opened under DLD project number 4162 when the project was registered in October 2025.

Equiterra 2 uses a 10/70/20 structure. The 10 percent booking payment and the six construction installments that follow all land in the escrow account first. The bank releases funds to Emaar only against construction certified by DLD inspections, and the February 2028 and June 2028 installments are themselves tied to 60 percent and 80 percent certified completion. The closing 20 percent falls due in July 2029 at 100 percent construction completion.

The DLD inspection dated 29 April 2026 certified 1.04 percent completion, up from zero at the previous inspection, with site mobilisation and infrastructure works recorded as underway. Construction started on 9 February 2026 and handover is expected in Q3 2029. Inspection by inspection detail is tracked on the Equiterra 2 construction updates page.

Emaar Development P.J.S.C., DLD developer number 1211, is the legal entity that registers and builds Emaar's UAE residential projects, while Emaar Properties is the brand that appears on marketing material. The Dubai Land Department also records the project itself as Grand Polo - Equiterra 2 rather than by its marketing name. Both variations are normal, and buyers should expect the Dubai REST record and the Sales and Purchase Agreement to use the registered forms.

No. The 4 percent Dubai Land Department registration fee sits outside the escrow account and is paid to the Land Department as part of registering the unit under Oqood. It is the one legitimate payment connected to an Equiterra 2 purchase that does not go into escrow, and it is paid to a government body rather than to the developer or an agent.

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

No. Every off-plan payment for Equiterra 2 must go into the DLD-registered escrow account 0016*****948401 at Dubai Islamic Bank (the full number sits in the Escrow Details section above), exactly as recorded in the Sales and Purchase Agreement. A 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 diversion fraud however 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 why paying only into the registered account matters: money sent anywhere else sits outside that protection entirely. The wider framework is explained in the Dubai Land Department guide.

Yes, Equiterra 2 at Grand Polo Club and Resort is a freehold project, open to all nationalities.

Equiterra 2 townhouses average AED 3.5 million (approx USD 953,000) for three bedroom layouts and AED 4.6 million (approx USD 1.25 million) for four bedroom layouts, both above the AED 2 million property investment threshold for the 10-year Golden Visa. The full requirements and application timing are covered in the Equiterra 2 Golden Visa guide.