Emaar · Dubai Hills Estate · Escrow Account
Greenside Residence Escrow Account
The Account That Holds Your Money Until the Work Is Certified
The DLD-registered escrow account behind Emaar's Greenside Residence towers in Dubai Hills Estate, read straight from Dubai Land Department records, so that every instalment you send is held under supervision instead of handed over on trust.
Direct advisor access. Every message answered personally, never by a call center.
Official Account Details
Greenside Residence Escrow Account at a Glance
Money paid toward an apartment at Greenside Residence does not reach Emaar's corporate treasury. It lands in one project-specific trust account at Emirates NBD, tied to DLD project 2705 and supervised by the Dubai Land Department. Below are the details as recorded in Dubai REST, and the advice I give every client is the same: store this account number now, while nothing is pending, because the moment you are checking it under time pressure is exactly the moment a wrong one slips through.
Masked for security. Tap Show to reveal the full number, or Copy to copy it directly. Last checked against Dubai REST after the 4 June 2026 inspection.
Emirates NBD Bank (P.J.S.C.)
2705
Active
Dubai Hills Estate L.L.C (Emaar)
984
22 June 2023
29 November 2023
490
No. 2453, Hadaeq Sheikh Mohammed Bin Rashid
Freehold, all nationalities
Check this number against Dubai REST or your Sales and Purchase Agreement before any transfer leaves your bank. An account number that arrives by email is not a source, however polished the letterhead: payment diversion succeeds precisely because the forged instruction looks like routine correspondence from people you already deal with.
Rule one: nothing is ever paid to any account except 0204*****6124 (tap Show above for the full number), no matter who asks or how convincing the paperwork looks.
Where the Project Stands
Registration and Escrow Status
Greenside Residence entered the Dubai Land Department register on 22 June 2023 as project 2705, and the Emirates NBD trust account was opened as a condition of that registration, five months before construction started on 29 November 2023. The sequence is the point. No buyer at this project has ever been asked to send money anywhere other than a supervised account, which answers the question an end user actually has about where a family deposit went, and the question an investor actually has about how tightly the project's cash has been controlled since day one.
The RERA inspection dated 4 June 2026 certified 87.01 percent completion, up from 71.95 percent at the previous visit. Enabling, piling, foundation and structural works are recorded as finished across both towers, while internal works, the external envelope, MEP, internal finishes and external works are all progressing. A project at that depth has moved past the question of whether it gets built. What remains is release discipline: how cleanly the final drawdowns are certified, and how the retention held back after completion is handled through the Q3 2027 handover.
One detail catches buyers out when they check the record themselves. The developer registered against project 2705 is Dubai Hills Estate L.L.C, DLD developer number 984, not Emaar Development. That is the licensed entity behind this part of the Emaar-branded masterplan, so seeing it in the app confirms you are looking at the right project rather than signalling a problem.
Want the inspection by inspection detail? Certified percentages, milestone history, and works breakdowns are tracked on the Greenside Residence construction updates page.
Do It Yourself in 2 Minutes
Verify Greenside Residence's Escrow Account Independently
Do not take this page's word for it, and do not take anyone else's either. The entire value of the escrow system is that the record is open to you:
Open Dubai REST
In the Dubai REST app, open Services, then Project Status.
Find the Project
Search project number 2705, or the project name Greenside Residence.
Match the Details
Open the Escrow Account panel and compare the bank and account number against this page and your SPA before every transfer.
I check these details against Dubai REST before publishing and again after each new inspection. If anything here ever differs from what the app shows you, the app is right and I want to hear about it.
Before You Transfer
- Compare the account number on your payment instruction with the Escrow Account panel in Dubai REST.
- Compare that same number with the escrow details written into your Sales and Purchase Agreement.
- Confirm the amount and which construction milestone it settles.
- If a single digit differs, stop and message me before the transfer goes out.
Your Money, Step by Step
How Greenside Residence's Payment Plan Meets the Escrow Account
Greenside Residence sells on a 10/80/10 structure: 10 percent at booking, 80 percent spread across seven instalments through construction, and a closing 10 percent at full construction completion. What makes this plan worth reading closely is that its later calls are not calendar events at all. The fourth through eighth instalments fall due at 20, 40, 60, 80 and 100 percent construction completion, which is the same measure DLD inspectors certify. Your payment triggers and the bank's release triggers run on one clock, and that is unusually clean alignment for a buyer to have.
Booking and SPA: 10%
The deposit entered account 0204*****6124 once the unit was registered under Oqood. For anyone already holding a unit at Greenside Residence this stage closed long ago, with every dirham of it inside DLD supervision.
Construction Instalments: 80%
Seven instalments, the last four tied to certified progress at 20, 40, 60 and 80 percent. With 87.01 percent certified on 4 June 2026, every one of those thresholds has now been cleared.
Completion: 10%
The final 10 percent falls due at 100 percent construction completion, scheduled for July 2027 and consistent with the Q3 2027 handover. A retention amount then stays inside escrow to cover defect repairs.
That retention is the layer almost nobody mentions at booking, and at 87.01 percent certified it is the one worth planning for. It pairs directly with a professional handover snagging inspection, because money still held gives the developer a concrete reason to close out what your inspector lists.
Since the trust account predated the first sale, no instalment in this project's history has bypassed DLD supervision. With 87.01 percent of works certified by independent inspection rather than asserted in a newsletter, the overwhelming majority of construction value here has been externally confirmed on site. For how DLD regulates off-plan sales and protects buyers across the wider market, read the Dubai Land Department guide.
Insights
Project Insights for Greenside Residence Buyers
Escrow is one layer of a well-run purchase at Greenside Residence, and it reads best next to the others: what the inspectors are actually certifying on site, whether your unit size clears the Golden Visa threshold, and how you intend to check the finished apartment before you sign for it. These guides carry each of those threads.
Greenside Residence Construction Updates
The inspection record behind every escrow release, including the 4 June 2026 report certifying 87.01 percent.
Greenside Residence Construction Updates
Greenside Residence Golden Visa Guide
One-bedroom pricing sits below the AED 2 million threshold while larger layouts clear it: where the line falls here.
Greenside Residence Golden Visa GuideGreenside Residence Escrow Account
This page: the Emirates NBD escrow details, verification steps, and how Greenside Residence payments stay protected.
Greenside Residence Snagging Inspection
The escrow retention held past completion works hardest when an independent defect report lands before you accept keys.
Greenside Residence Snagging InspectionThe Project
Explore the Greenside Residence Project
This account protects payments into one specific asset, and the quality of that asset is the other half of the decision. The full project guide sets out what your protected instalments are buying: the layouts, the pricing ladder, the amenity podium, and the position inside Dubai Hills Estate.
Greenside Residence Project Guide
Prices from AED 1.98M ≈ USD 539K, with one, two and three bedroom apartments ranging from approximately 721 to 1,797 sq ft, amenities, payment plan, and the full investment case for the 490-apartment development your escrow payments are building.
View the Greenside Residence Project GuideStructure
Explore the Dubai Hills Estate Structure
This escrow account guards your payments into one address inside a 2,700-acre masterplan. Reading the wider community, the competing phases, and the developer behind them is how you judge what the protected money is really buying into.
Dubai Hills Estate Properties for Sale
Weigh Greenside Residence against every other available address in the community: apartments, villas, prices, and payment plans side by side.
Dubai Hills Estate Properties for Sale
Dubai Hills Estate Community
The golf club, Dubai Hills Park, the mall, and the masterplan logic that gives this address its long-term context.
Dubai Hills Estate Community Guide
Emaar Developer Profile
The delivery record, master communities, and landmark projects behind the brand receiving these escrow releases.
Emaar Properties Developer ProfileFAQs
Greenside Residence Escrow Account Frequently Asked Questions
Emirates NBD Bank (P.J.S.C.) holds the escrow account for Greenside Residence, account number 0204*****6124 (shown in full in the Escrow Details section above), opened under DLD project number 2705 when the project was registered in June 2023.
Dubai Hills Estate L.L.C, DLD developer number 984, is the licensed entity registered against project 2705 and is the name that appears in Dubai REST. Emaar is the brand under which the development is marketed. Both refer to the same project, so a Dubai REST record showing Dubai Hills Estate L.L.C is the correct record for Greenside Residence.
Greenside Residence uses a 10/80/10 structure: 10 percent at booking, 80 percent across seven construction instalments, and 10 percent at full construction completion. All of it enters the escrow account first. The final five instalments fall due at 20, 40, 60, 80 and 100 percent construction completion, the same milestones DLD inspections certify before the bank releases funds to the developer.
The RERA inspection dated 4 June 2026 certified 87.01 percent completion, up from 71.95 percent at the previous inspection. Enabling, piling, foundation and structural works are complete, while internal works, the external envelope, MEP, internal finishes and external works are progressing. Inspection by inspection detail is tracked on the Greenside Residence construction updates page.
Yes, the protection continues. Funds remain in the escrow account and are still released only against certified progress, whatever the calendar says. Escrow safeguards the capital while the project completes, but it does not itself compensate for delay; those terms sit in the Sales and Purchase Agreement.
No. Every off-plan payment for Greenside Residence must enter the DLD-registered escrow account 0204*****6124 at Emirates NBD (the full number sits in the Escrow Details section above), exactly as recorded in the Sales and Purchase Agreement. A request to send funds to a personal account, an agent's account, or an alternative company account, particularly one offering a discount for paying directly, is the standard pattern of payment fraud regardless of how official the paperwork appears. Any such request should be checked against the escrow account registered in Dubai REST and the details in the Sales and Purchase Agreement before any funds are sent.
If the Dubai Land Department cancels a registered project, RERA assumes control of the escrow account and buyer refunds are processed from the protected funds under DLD supervision. This is precisely why payments belong only in the registered account: funds sent elsewhere sit outside that protection. With 87.01 percent of construction certified, Greenside Residence is well beyond the stage where cancellation is a realistic concern, though the mechanism exists regardless. The wider framework is explained in the Dubai Land Department guide.
Yes, Greenside Residence is a freehold project, open to all nationalities.
It depends on the unit. The property investment threshold for the 10-year UAE Golden Visa is AED 2 million. Current one-bedroom developer pricing starts from AED 1.98M, which sits slightly below the threshold. Two-bedroom apartments start from AED 3.25M and three-bedroom apartments from AED 4.11M, both above the threshold. Final eligibility depends on the qualifying property value and the applicable authority requirements. Qualifying options and application timing are covered in the Greenside Residence Golden Visa guide.
Your Advisor
Tohid Fetrat
Independent of the developer: I work for the buyer, and my only job on this page is making sure your money lands where the law protects it. Client identities and transactions are never published or referenced. Message or call me directly: you will always reach me personally, never a call center or sales team.
Ask your question, get your answer. No obligation and no follow-up unless you ask for it.