Golf Hills at Emaar South Escrow Account

First Abu Dhabi Bank P.J.S.C. holds the escrow account for Golf Hills, account number 9009*****1257008. The full number can be revealed in the Escrow Details section above. The account was opened under DLD project number 4117 at registration on 14 October 2025.

Only against construction progress that a Dubai Land Department inspection has certified. The trustee bank releases funds to the developer in stages tied to audited site progress rather than to the calendar or to the instalment dates printed in the payment plan, so money paid in ahead of the works stays in the account until the works behind it have been verified on site.

It means the large majority of what buyers have paid in so far has not been released to the developer. The inspection dated 23 June 2026 certified 3.67 percent progress, against 0.24 percent at the previous reading, with the project recorded as Pre-Construction and Progressing while mobilization, enabling works and piling continue. Releases follow that certified figure upward as each later inspection is recorded. The full inspection history is tracked on the Golf Hills construction updates page.

No. The Sales and Purchase Agreement names escrow account 9009*****1257008 at First Abu Dhabi Bank as the destination for every off plan instalment, and the full number is available in the Escrow Details section above. Funds directed to a personal account, an agent account or a second company account sit entirely outside the protection the Dubai Land Department supervises, and an offer of a discount in exchange for paying outside the registered account is the most common opening move in payment diversion fraud. An instruction of that kind can be tested against the escrow account shown in Dubai REST and the account recorded in the Sales and Purchase Agreement before any transfer is made.

Where a registered project is cancelled, RERA takes control of the escrow account, and refunds to buyers are then worked out of the protected balance under Dubai Land Department supervision. That is precisely why paying only into the registered account matters: funds sent anywhere else never entered the protected balance and are not part of what RERA would control. The wider regulatory framework is explained in the Dubai Land Department guide.

The protection continues unchanged. Funds remain in the escrow account and are still released only against certified progress, whatever the calendar does. Escrow protects the capital while the project is completed; it does not itself pay compensation for a delay, and any compensation terms sit in the Sales and Purchase Agreement rather than in the escrow arrangement.

The Dubai REST app publishes the registered escrow details for every project registered with the Dubai Land Department. Searching project number 4117 or the project name Golf Hills opens the project record, and the Escrow Account panel inside it shows the trustee bank and the account number as registered. Matching that panel against the account written into the Sales and Purchase Agreement before each transfer is the check that catches an altered payment instruction.

Dubai off plan regulation requires a registered project to hold a trust account with an approved escrow bank before the developer may take money from buyers. Golf Hills was registered on 14 October 2025 under project number 4117, and the account at First Abu Dhabi Bank is a condition of that registration, which is why no buyer payment made at this project has sat outside Dubai Land Department supervision at any point.

Yes. A retention portion of the project funds stays inside the escrow account after completion instead of being released alongside the final instalment, and it is held against defects identified when homes are delivered. It is released to the developer once the retention period set under the escrow arrangement has run.