Greenspoint by Emaar at Emaar South Escrow Account

First Abu Dhabi Bank P.J.S.C. holds the escrow account for Greenspoint, account number 4031*****1257004 (shown in full in the Escrow Details section above), opened under DLD project number 3514 when the project was registered in January 2025.

Emaar Dubai South DWC LLC is the DLD-registered entity behind Emaar's projects in Emaar South, holding developer number 1155, while Emaar Properties is the brand name used in marketing material. Both refer to the same developer group. Dubai REST and the RERA inspection reports for Greenspoint show the registered entity name, so a mismatch with the brochure at that point is expected rather than a cause for concern.

Greenspoint runs on an 80/20 construction-linked plan: 10 percent on booking, seven instalments of 10 percent tied to build milestones, and 20 percent on completion in March 2029. Every one of those payments is made into the project escrow account, and the bank releases funds to the developer only against construction stages certified by RERA inspection. Four instalments are tied to specific thresholds at 30, 50, 70 and 90 percent completion.

The inspection dated 21 July 2026 certified 42.9 percent completion, up from 26.27 percent at the previous inspection. Substructure and superstructure works were recorded at an advanced stage, with internal and external envelope, MEP, and finishes works progressing at varying stages across the site. Inspection-by-inspection detail is tracked on the Greenspoint construction updates page.

Yes, the protection continues. Funds remain in the escrow account and are released only against certified progress, regardless of how the schedule moves. Escrow protects capital while a project completes; it does not itself compensate for delays, and any remedy for a missed handover date sits in the Sales and Purchase Agreement rather than in the escrow framework.

No. Every off-plan payment for Greenspoint must go into the DLD-registered escrow account 4031*****1257004 at First Abu Dhabi Bank (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 paired with a discount for paying directly, is the standard pattern of payment fraud no matter 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 takes control of the escrow account and buyer refunds are processed from the protected funds under DLD supervision. This is the mechanism that makes the registered account matter: funds sent anywhere else sit entirely outside it. The wider framework is explained in the Dubai Land Department guide.

Yes, Greenspoint at Emaar South is a freehold project, open to all nationalities.

Greenspoint townhouses start from AED 3.36 million (approx USD 915,000), which is above the AED 2 million property investment threshold for the 10-year Golden Visa, so both the three and four bedroom tiers clear it. The full requirements and application timing are covered in the Greenspoint Golden Visa guide.