Fairway Villas at Emaar South Escrow Account

Dubai Islamic Bank (Public Joint Stock Company) holds the project trust account for Fairway Villas, account number 0015*****143801, with the full number shown in the Escrow Details section above. The account sits under Dubai Land Department project number 2519, registered to Emaar Dubai South DWC LLC, developer number 1155, on 19 December 2022.

Releases follow certified construction progress rather than a calendar. Buyer instalments accumulate in the trust account, and Dubai Islamic Bank pays the developer only after a Dubai Land Department inspection certifies that the corresponding stage of work is complete. The latest inspection on the Fairway Villas file, dated 7 October 2025, certified progress at 100 percent, up from 84.95 percent at the previous inspection, and recorded the project status as Finished. The full inspection history is tracked on the Fairway Villas construction updates page.

No. Every payment for a villa at Fairway Villas belongs in the Dubai Land Department registered trust account 0015*****143801 at Dubai Islamic Bank, which is the account written into the Sales and Purchase Agreement and shown in full in the Escrow Details section above. A request to route money to an individual's account, to a brokerage account, or to a company account other than the registered one, and particularly one sweetened by a discount for paying outside escrow, matches the standard pattern of payment diversion fraud however legitimate the paperwork appears. Before any funds move, an instruction of that kind needs checking against the escrow account as registered in Dubai REST, and against the Sales and Purchase Agreement.

Oqood is the Dubai Land Department system that records an off-plan sale against the project and the buyer before a title deed exists. At Fairway Villas the booking payment is tied to that registration: the villa is entered under Oqood, the sale becomes visible in the Dubai Land Department record, and the money sits in the project trust account rather than with the developer. That registration is also what lets a buyer see their own unit against project 2519 when checking the record independently.

No. The 4 percent DLD registration fee is payable to the Dubai Land Department at booking, alongside the 10 percent down payment, and it is a government registration charge rather than part of the purchase price. It does not enter the Fairway Villas trust account and it is never released to the developer. Only the instalments that make up the price flow through the escrow account at Dubai Islamic Bank. How registration fees and escrow sit inside the wider regulatory framework is set out in the Dubai Land Department guide.

The protection does not lapse when a date slips. Money stays where it is, inside the trust account, and it still comes out only as certified progress allows, irrespective of the calendar. Escrow protects the capital while the project is completed, and it does not itself pay compensation for a delay: any compensation or termination terms sit in the Sales and Purchase Agreement. On a project already certified at 100 percent, the material exposure moves from delivery risk to the quality of the handover itself, which is where the post-completion retention and an independent defect inspection carry the weight. Handover readiness is covered on the Fairway Villas snagging inspection page.

The Dubai REST app published by the Dubai Land Department shows the registered escrow details for any registered project. Under Services, then Project Status, a search for project number 2519 or for the project name Fairway Villas returns the project record, and its Escrow Account panel lists the bank name and the account number. Matching that panel against the escrow clause in the Sales and Purchase Agreement, ahead of each transfer, is the check that catches a diverted payment instruction before the money leaves.

Fairway Villas was registered with the Dubai Land Department on 19 December 2022, construction started on 5 May 2023, Dubai Civil Defence clearance was received on 12 May 2025, the building completion certificate was received on 29 July 2025, and the inspection dated 7 October 2025 certified 100 percent with the status recorded as Finished. The register also records a completion date of 30 September 2025. Every escrow release inside that period required an independent inspection rather than a developer declaration. At company level, the project factsheet states Emaar revenue for 2021 of AED 28.27 Bn and over 81,600 residential units delivered in Dubai and other key global markets since 2002.

Fairway Villas is freehold and open to all nationalities. Once the final instalment is settled and the villa is ready for handover, the Oqood registration is converted into a title deed issued by the Dubai Land Department in the buyer's name, and the trust account closes out apart from any retention held back against defects. The 4 percent registration fee paid at booking is what carries the sale through that registration chain.

Where a registered project is cancelled by the Dubai Land Department, RERA takes control of the escrow account, and buyer refunds are then handled out of the protected funds under Dubai Land Department supervision. That mechanism is precisely why the registered account is the only safe destination: anything paid elsewhere was never inside the protection to begin with. For Fairway Villas the question is historical rather than live: the project is recorded as Finished, with construction certified at 100 percent at the 7 October 2025 inspection, far past the stage at which cancellation is a realistic scenario.