Golf Fields at Emaar South Escrow Account

Dubai Islamic Bank (PJSC) holds the escrow account for Golf Fields at Emaar South, account number 0016*****025601 (shown in full in the Escrow Details section above). The account sits under DLD project number 4415, registered on 27 February 2026, and the project's inspection reports name Dubai Islamic Bank (Public Joint Stock Company) as the trust account bank.

Every Golf Fields payment, from the 10% booking deposit to the final 20%, is made into the project escrow account. Under the DLD escrow framework, funds are released to the developer only against construction progress verified through RERA inspections, not by the calendar. The instalments of October 2026, June 2027 and October 2027 are calendar dated, while the 5th to 9th instalments are linked to 20%, 40%, 60%, 80% and 100% construction completion, on dates from March 2028 to September 2030 that the developer marks as estimates.

Both RERA inspections on record for Golf Fields, dated 24 February 2026 and 6 August 2026, read 0% and carry the note "At time of inspection found: no construction activities have been started". The DLD register lists 5 April 2026 as the construction start date. With no works recorded, instalment releases against construction milestones have not been triggered by any recorded progress, and buyer payments stay under the escrow account's DLD supervision. Each dated reading is tracked on the Golf Fields construction updates page.

No. The 4% DLD registration fee is paid at the booking step together with the 10% Golf Fields down payment, but it is paid to the Dubai Land Department to register the purchase, not into the project escrow account. Only the payment plan instalments go into the escrow account held with Dubai Islamic Bank (PJSC).

Oqood is the Dubai Land Department's register for off-plan property sales. Registering a Golf Fields unit under Oqood records the sale against DLD project number 4415, and from that point the booking deposit is held in the project escrow account. The registration is the official record linking a buyer's payments to a specific unit in a supervised project.

Yes, the protection continues. Golf Fields funds stay in the escrow account and are released only against inspected construction progress, whatever the calendar shows, with handover currently expected in September 2030. Escrow protects capital while the project is built; it does not itself compensate for delays, and delay terms sit in the Sales and Purchase Agreement.

No. Every off-plan payment for Golf Fields at Emaar South belongs in the DLD-registered escrow account 0016*****025601, held with Dubai Islamic Bank (PJSC) and shown in full in the Escrow Details section above, exactly as recorded in the Sales and Purchase Agreement. A request to pay a personal account, an agent's account, or a different company account, particularly one paired with a discount for paying outside escrow, matches the standard pattern of payment fraud however official the documents look. The safeguard is comparing any such instruction with the escrow account registered in Dubai REST and the details in the Sales and Purchase Agreement before funds move.

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 DLD supervision. That protection covers money paid into the registered Golf Fields account; money sent anywhere else sits outside it. The wider framework is explained in the Dubai Land Department guide.

Both are available in the Dubai REST app under Services and Project Status. Searching project number 4415 shows the Escrow Account panel with the bank and account number, the registered dates, and the latest inspection reading, 0% on 6 August 2026. The Independent Progress Monitoring Reports behind those readings are marked "Independently inspected and progress audited for RERA", which makes the app the primary reference over any copy, including this page.

Golf Fields itself has no delivered phase, and construction had not started on site at the 6 August 2026 inspection. Emaar's recent Dubai handovers include Creek Palace (March 2026), Seagate (September 2025), June (June 2025) and Bliss (November 2024), each sold off plan under the DLD escrow framework. For FY 2025, Emaar reported revenue of AED 49.6 Bn and approximately 53,000 residential units under development.