Greenway 2 at Emaar South Escrow Account

Abu Dhabi Commercial Bank holds the escrow account for Greenway 2 at Emaar South, account number 1113*****20025 (shown in full in the Escrow Details section above), opened under DLD project number 3121 when the project was registered in June 2024.

Emaar Dubai South DWC LLC, developer number 1155, is the licensed Emaar group entity for the Emaar South master development, and it is the name recorded against project number 3121 and the escrow account. Marketing material uses the Emaar brand, so a Dubai REST search returning Emaar Dubai South DWC LLC is the correct result rather than a discrepancy. Knowing the registered entity in advance also makes it harder for a third party to present an unfamiliar company name as legitimate.

The plan is a 10/80/10 structure paid as ten equal instalments of 10 percent: one on booking, eight during construction, and the last at 100 percent construction completion in May 2028. Every instalment is paid into the escrow account, and Abu Dhabi Commercial Bank releases funds to the developer only against construction progress certified by DLD inspections. Several of the later instalments are themselves tied to certified completion percentages of 10, 20, 40, 60, 80 and 100 percent. Handover is expected in Q2 2028.

The DLD inspection dated 29 July 2026 certified 34.37 percent completion, up from 23.97 percent at the previous inspection. Enabling, piling, foundation and structural works are progressing alongside internal works, external envelope, MEP, internal finishes, external works and infrastructure. Inspection-by-inspection detail is tracked on the Greenway 2 construction updates page.

Yes, the protection continues. Funds remain in the escrow account and are still released only against certified progress, regardless of the calendar. Escrow protects capital while the project completes, though it does not itself compensate for delays; those terms sit in the Sales and Purchase Agreement.

No. Every off-plan payment for Greenway 2 at Emaar South must go into the DLD-registered escrow account 1113*****20025 at Abu Dhabi Commercial Bank (the full number sits in the Escrow Details section above), exactly as recorded in the Sales and Purchase Agreement. Any request to send funds to a personal account, an agent's account, or an alternative company account, especially one paired with a discount for paying directly, is the classic pattern of payment fraud, no matter how official the paperwork looks. 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 precisely why paying only into the registered account matters: money sent anywhere else sits outside that protection and outside that process. The wider framework is explained in the Dubai Land Department guide.

Greenway 2 at Emaar South is registered with 492 units, split evenly between 3 bedroom and 4 bedroom townhouses across a plot at Madinat Al Mataar, plot number 6430. The project is freehold and open to all nationalities, and the RERA inspection record describes it as 492 freehold townhouses.

Greenway 2 at Emaar South townhouses start from AED 2.72 million (approx USD 741,000) for a 3 bedroom home, which is above the AED 2 million property investment threshold for the 10-year Golden Visa, and the 4 bedroom typology starts higher still at AED 3.11 million (approx USD 847,000). The full requirements and application timing are covered in the Greenway 2 Golden Visa guide.