Farm Grove 2 at The Valley Escrow Account

Emirates NBD Bank (P.J.S.C.) holds the escrow account for Farm Grove 2 at The Valley, account number 0205*****8533 (shown in full in the Escrow Details section above). The account sits under DLD project number 3431, registered by Emaar Development P.J.S.C. on 4 December 2024.

Buyer payments for Farm Grove 2 are held in the escrow account and released to Emaar in line with construction progress recorded through Dubai Land Department inspections, not in line with the payment schedule. Under the 80/20 plan, 80% of the price is paid before completion and 20% on completion, so for much of the build the account holds money paid ahead of recorded progress.

The latest DLD register reading for Farm Grove 2, dated 6 July 2026, records 9.77% construction progress, up 3.81 points from an undated previous inspection figure of 5.96%. The inspection report of the same day lists the main contract as progressing, with enabling, foundation, substructure, superstructure and infrastructure works at different stages. Each new reading is tracked on the Farm Grove 2 construction updates page.

Yes. Escrow protection is not tied to a calendar date: funds paid for Farm Grove 2 remain in escrow, and releases keep following recorded progress, whenever completion arrives. Escrow protects capital, it does not compensate for a delay; any delay terms sit in the Sales and Purchase Agreement.

No. Every off-plan payment for Farm Grove 2 belongs in the DLD-registered escrow account 0205*****8533 at Emirates NBD (the full number sits in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. A request to pay a personal account, an agent, or a different company account, often presented with a discount for paying outside escrow, matches the standard pattern of payment fraud, and money sent that way sits outside escrow protection. The safeguard against such a request is a check against the escrow account listed in Dubai REST and the escrow details in the SPA before any money moves.

Should the Dubai Land Department cancel a registered project, RERA takes control of the escrow account, and refunds to buyers are handled from the protected funds under DLD supervision. That protection reaches only money paid into the registered account, which is why payments made anywhere else carry the real risk. The regulatory framework behind it is set out in the Dubai Land Department guide.

No. The 4% DLD registration fee is paid to the Dubai Land Department at booking, alongside the 10% down payment, and does not go into the Farm Grove 2 escrow account. Escrow holds the purchase-price payments toward the villa; the fee is a government registration charge, so it is never released to Emaar and is not part of the construction funds.

The Dubai REST app lists Farm Grove 2 under Services, Project Status, as project number 3431, The Valley - Farm Grove 2. The project record shows its status, registration and start dates, the latest inspection reading and an escrow panel naming the bank and account number, which can be matched against the Sales and Purchase Agreement before every payment.

An off-plan Farm Grove 2 villa is registered with the Dubai Land Department under Oqood, the interim register for off-plan units, once the booking and the DLD registration are completed. The title deed follows after completion and handover, when the final payment is settled and the villa moves from the Oqood record to a full title; the exact sequence is set out in the Sales and Purchase Agreement.

The escrow account protects purchase-price payments made into it while Farm Grove 2 is being built. It does not compensate for delays, which are governed by the Sales and Purchase Agreement, it does not hold government registration fees, and it does not protect money sent to any other account. It also does not extend to work a buyer commissions separately after purchase, such as a private pool, which the floor plans show as not provided, and it says nothing about future resale prices or rental returns.

Emaar's most recent Dubai deliveries under the DLD escrow framework include Creek Palace, delivered in March 2026, Seagate in September 2025, June in June 2025 and Bliss in November 2024. Per Emaar's figures as of 30 June 2024, the developer had delivered more than 115,000 residential units and had more than 42,200 under development.