Golf Edge at Emaar South Escrow Account

Mashreq Bank PSC holds the escrow account for Golf Edge, account number 0190*****211 (revealed in full in the Escrow Details section above), under DLD project number 3385, which the Dubai Land Department registered on 14 November 2024.

In the Dubai REST app, the Project Status service lists Golf Edge under project number 3385 with the register name "Golf Edge". Its Escrow panel shows the bank as Mashreq Bank PSC together with the account number, which should match the Escrow Details section of this page and the escrow details in the buyer's Sale and Purchase Agreement. Where any other source differs from the app, the Dubai REST record is the reference.

Under the 10/70/20 plan, the 70% paid during construction accumulates in the Golf Edge escrow account at Mashreq Bank and is released to the developer only against construction progress recorded through DLD inspections. The only reading in the supplied record is 0% (RERA progress status Not Started), dated 5 November 2024, which is the baseline releases are measured from. Emaar's payment schedule and the buyer's Sale and Purchase Agreement fix when each construction-period instalment falls due. Later readings are tracked on the Golf Edge construction updates page.

No. The 4% DLD registration fee goes to the Dubai Land Department when the unit is booked, at the same time as the 10% booking instalment, and is not held in the Golf Edge escrow account. It is a government registration charge rather than a payment toward the property, so it is not part of the protected balance and never reaches the developer through escrow releases.

The final 20% under the 10/70/20 plan falls due at handover, expected in Q1 2029, on the terms of the buyer's Sale and Purchase Agreement. Most of escrow's work is done before that point, since 80% of the price passes through escrow supervision during construction, and the protection does not end at completion: a retention portion of the project funds remains in the escrow account to cover defect repairs.

Yes. A later handover does not change where the money sits: funds remain in the Golf Edge escrow account, and releases keep tracking recorded construction progress rather than the calendar. Escrow protects capital while the building is completed, but it does not compensate for delay; any delay terms are set out in the buyer's Sale and Purchase Agreement.

For a registered project such as Golf Edge, RERA takes control of the escrow account if the project is cancelled, and buyer refunds are processed from the funds held in it under DLD supervision. That protection covers money paid into the registered Mashreq Bank account; payments sent anywhere else fall outside it. How the regulator handles cancelled projects and buyer funds more broadly is covered in the Dubai Land Department guide.

No. All off-plan payments for Golf Edge belong in the DLD-registered escrow account 0190*****211 at Mashreq Bank (the full number is in the Escrow Details section above), as recorded in the buyer's Sale 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 direct, matches the standard pattern of payment fraud however official the documents appear. The safe reference point for any such request is the escrow account registered for project 3385 in Dubai REST, read together with the Sale and Purchase Agreement, before money moves.

Golf Edge is marketed by Emaar, and the Dubai Land Department register records the developer of project 3385 as EMAAR DUBAI SOUTH DWC LLC, developer number 1155. That registered name, rather than the Emaar brand name, is the one shown against the project in DLD records.

Emaar's recent Dubai handovers include Creek Palace (March 2026), Seagate (September 2025), June (June 2025) and Bliss (November 2024), each sold under the same DLD escrow and inspection framework that governs Golf Edge. These are company-level Emaar deliveries, not projects of the registered developer EMAAR DUBAI SOUTH DWC LLC.

No. The escrow account is not a personal deposit that an individual buyer can draw on. Funds held for Golf Edge are paid out to the developer against recorded construction progress, and if the project is cancelled, RERA takes control of the account and buyer refunds are processed under DLD supervision. Exiting an individual purchase is governed by the Sale and Purchase Agreement, not by a withdrawal from escrow.

The escrow account protects buyer payments made into it while Golf Edge is built. It does not cover money sent to any other account, it does not hold the 4% DLD registration fee, and it does not compensate for handover delays, which are governed by the Sale and Purchase Agreement. It also does not guarantee a resale price or rental income: it secures capital, not investment returns.