Fairway Villas 3 by Emaar at Emaar South Escrow Account

Mashreq Bank (P.S.C.) holds the escrow account for Fairway Villas 3, account number 0190*****332 (shown in full in the Escrow Details section above), opened under DLD project number 2963 when the project was registered in February 2024.

The registered developer for project 2963 is Emaar Dubai South DWC L.L.C, developer number 1155, rather than Emaar Properties. This is the entity recorded against the project and the escrow account in Dubai Land Department records, and it is the name that appears on the project's official documentation.

The plan runs as ten tranches of 10 percent: one at booking, eight through construction, and a final 10 percent on completion in January 2028. All of them are paid into the escrow account rather than to the developer. The fifth to ninth tranches fall due at 20, 40, 60, 80 and 100 percent certified construction completion, the same milestones the bank uses when releasing funds.

The RERA inspection dated 7 July 2026 certified 48.52 percent completion, up from 37.86 percent at the previous inspection. Structural and foundation works were recorded at advanced stages, with internal, envelope, MEP and finishes packages progressing at varying stages alongside infrastructure and external works. Inspection-by-inspection detail is tracked on the Fairway Villas 3 construction updates page.

The escrow protection continues regardless of the timetable. Funds remain in the account and are released only against certified construction progress, so a slipped date does not change where the money sits or what has to be proven before it moves. Escrow protects capital while a project completes; it does not itself compensate for delay, and any compensation terms are those written into the Sales and Purchase Agreement.

No. Every off-plan payment for Fairway Villas 3 must go into the DLD-registered escrow account 0190*****332 at Mashreq 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 a different company account, particularly one offering a discount for paying that way, matches the standard pattern of payment-diversion fraud however official the paperwork appears. 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 balance under DLD supervision. That mechanism only reaches money that went into the registered account; funds sent anywhere else sit outside it entirely. The wider regulatory framework is explained in the Dubai Land Department guide.

Yes, Fairway Villas 3 is a freehold project, open to all nationalities.

Four bedroom semi-detached villas start from AED 4.39 million (approx USD 1.20 million) and five bedroom standalone villas from AED 6.44 million (approx USD 1.75 million), so both formats sit above the AED 2 million property investment threshold for the 10-year Golden Visa. The requirements and application timing are covered in the Fairway Villas 3 Golden Visa guide.