GreenVille 2 at Emaar South Escrow Account

Abu Dhabi Commercial Bank holds the escrow account for GreenVille 2 at Emaar South, account number 1113*****20029 (shown in full in the Escrow Details section above), opened under DLD project number 3319 when the project was registered in October 2024.

Emaar Dubai South DWC LLC is the Emaar entity registered with the Dubai Land Department for this project, under DLD developer number 1155, while the wider brand is Emaar Properties. Both names refer to the same developer group, and the DWC entity is the one that appears against project 3319 in Dubai REST and in the escrow records.

The 80/20 plan means the booking payment and every construction instalment are paid into the escrow account rather than to the developer. Funds are released only against construction stages certified by RERA inspection, and the final 20 percent falls due at 100 percent construction completion, expected in Q1 2029. The 4 percent Dubai Land Department registration fee charged at booking is a separate government fee and is not part of the escrow balance.

The inspection dated 19 July 2026 certified 47.31 percent completion, up from 31.19 percent at the previous inspection. Enabling works, piling and foundations are complete, substructure and superstructure are at an advanced stage, and envelope, MEP and finishing works are progressing at different stages alongside site infrastructure. Dated progress is tracked on the GreenVille 2 construction updates page.

The protection continues regardless of the calendar. Funds remain in the escrow account and are released only against certified progress, so a slipped date does not release money early. Escrow protects capital while the project completes; it does not itself compensate for delay, and those terms sit in the Sales and Purchase Agreement.

No. Every off-plan payment for GreenVille 2 at Emaar South must go into the DLD-registered escrow account 1113*****20029 at Abu Dhabi Commercial 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 classic pattern of payment fraud, however 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. That is precisely why paying only into the registered account matters: money sent anywhere else sits outside the protected balance and outside that process. The wider framework is explained in the Dubai Land Department guide.

Yes, GreenVille 2 at Emaar South is a freehold project, open to all nationalities.

Townhouses at GreenVille 2 at Emaar South start from AED 3.20 million (approx USD 871,000), which is above the AED 2 million property investment threshold for the 10-year Golden Visa. The requirements and application timing are covered in the GreenVille 2 Golden Visa guide.