Fior 1 at Rashid Yachts & Marina Escrow Account

Abu Dhabi Commercial Bank holds the escrow account for Fior 1, account number 1275*****30011 (its full form is in the Escrow Details section above), registered under DLD project number 4287 on 16 December 2025. The DLD register names the developer of this Emaar Properties project as Mina Rashid Properties L.L.C, developer number 1275.

Fior 1 instalments fall due on the dates in the payment plan: 10 percent on booking, seven instalments of 10 percent from April 2026 to June 2029, and 20 percent in July 2030. Paying an instalment does not hand it to the developer. Each payment enters the DLD-registered escrow account, and construction releases to Emaar follow progress verified by DLD inspections, not the payment calendar.

No. All off-plan payments for Fior 1 belong in the DLD-registered escrow account 1275*****30011 at Abu Dhabi Commercial Bank (the unmasked number is available in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. A request to pay into a personal account, an agent's account or a different company account, particularly one offering a discount for paying outside escrow, matches the standard pattern of payment fraud, however official the documents appear. The safeguard is a check of any such request against the Dubai REST escrow record and the SPA before money moves.

Oqood is the Dubai Land Department's interim register for off-plan units. A Fior 1 apartment is recorded in Oqood under the buyer's name after the booking payment has been made and the 4% DLD registration fee paid, which ties the unit to DLD project 4287, the project whose escrow account receives every later instalment.

The 4% DLD registration fee is a Dubai Land Department charge equal to 4 percent of the purchase price, payable at booking in addition to the price of a Fior 1 apartment. It covers the registration of the unit with DLD and is separate from the purchase-price payments of the 80/20 plan, which are made into the project escrow account.

Yes, the protection does not expire on a date. Money paid for Fior 1 stays in the escrow account and is released only against inspected construction progress, whatever the calendar says. The DLD register records a completion date of 31 July 2030. Escrow protects capital while the building is completed, but it does not itself compensate for delay; delay terms sit in the Sales and Purchase Agreement.

If a registered project is cancelled, RERA takes control of the escrow account, and refunds to buyers are paid out of the protected balance under the supervision of the Dubai Land Department. That protection reaches only money paid into the registered account for project 4287; funds sent anywhere else sit outside it. The regulatory framework behind this is set out in the Dubai Land Department guide.

The Fior 1 escrow record is public in the Dubai REST app, under Services and then Project Status, by searching project number 4287 or the name Fior 1. Its Escrow Account panel shows the bank, Abu Dhabi Commercial Bank, and the full account number, and the escrow details in a genuine Sales and Purchase Agreement carry the same bank and number. The same record lists 184 units: 181 residential and 3 retail.

The DLD register shows Fior 1 at 0% from the 11 December 2025 inspection, whose report records no construction activity at site and a RERA Progress Status of N/A. Construction releases from escrow follow inspected progress, so that reading records no construction progress yet against which such releases are measured, while the dated instalments of the payment plan continue. Each new reading is tracked on the Fior 1 construction updates page.

Yes. No phase of Rashid Yachts & Marina has been delivered yet, but Emaar's recent delivered Dubai projects include Creek Palace (March 2026), Seagate (September 2025), June (June 2025) and Bliss (November 2024), all in a market where off-plan sales run through the same DLD escrow framework that governs Fior 1. That record does not guarantee the July 2030 handover, which is tested by the Fior 1 inspection record as construction proceeds.