Farm Grove at The Valley Escrow Account

First Abu Dhabi Bank P.J.S.C. holds the escrow account for Farm Grove at The Valley, account number 4031*****7653047 (shown in full in the Escrow Details section above), opened under DLD project number 3430 when the project was registered on 4 December 2024.

The plan is 10 percent plus the 4 percent DLD registration fee on booking, 70 percent across seven construction instalments, and 20 percent on completion in Q4 2028. The booking deposit and every construction instalment are paid into the escrow account first, and First Abu Dhabi Bank releases funds to the developer only against construction stages certified by Dubai Land Department inspections.

The inspection dated 15 July 2026 certified 10 percent completion, up from 7.42 percent at the previous inspection. Enabling, foundation, structure, internal, MEP and infrastructure works were all recorded as progressing at that visit. Inspection by inspection detail is tracked on the Farm Grove construction updates page.

Yes, the protection is not tied to the handover date. Money already paid stays inside the escrow account, and the release test remains certified construction progress rather than the calendar. Escrow safeguards the capital until the project completes; it is not a compensation mechanism, and any remedy for late delivery is governed by the Sales and Purchase Agreement.

No. Every off-plan payment for Farm Grove at The Valley must go into the DLD-registered escrow account 4031*****7653047 at First Abu Dhabi Bank (the full number sits in the Escrow Details section above), exactly as recorded in the Sales and Purchase Agreement. Instructions pointing elsewhere, whether to a personal account, an agent's own account or a second company account, and especially those sweetened with a discount for paying outside the plan, follow the familiar shape of payment diversion fraud no matter how convincing the paperwork looks. The registered account shown in Dubai REST, together with the escrow clause of the Sales and Purchase Agreement, is what any such instruction is measured against before money moves.

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 Dubai Land Department supervision. That safety net reaches only the registered account: anything paid elsewhere was never inside the protected pool to begin with. How the regulator supervises off-plan projects from registration through to handover is covered in the Dubai Land Department guide.

Yes, Farm Grove at The Valley is a freehold project, open to all nationalities.

Farm Grove villas start from AED 4.44M (approx USD 1.21M), which is above the AED 2 million property investment threshold for the 10-year Golden Visa. Eligibility conditions, the documents involved and the point in the purchase at which an application can be made are set out in the Farm Grove Golden Visa guide.