Grove Ridge at Emaar South Escrow Account

Abu Dhabi Commercial Bank (ADCB) holds the escrow account for Grove Ridge at Emaar South, account number 1113*****30001 (shown in full in the Escrow Details section above). The account sits under DLD project number 4200, registered on 14 November 2025 to developer number 1155, Emaar Dubai South DWC LLC.

All nine Grove Ridge instalments are paid into the escrow account: 10 percent on booking, 10 percent each in Mar 2026, Aug 2026 and Jan 2027, 10 percent each at 30, 50, 70 and 90 percent construction completion (estimated Jul 2027, Jan 2028, Jun 2028 and Jan 2029), and 20 percent at 100 percent completion, estimated Sep 2029. That places 80 percent of the price before completion and 20 percent on completion. The bank releases funds to the developer only against construction stages certified by DLD inspections.

No. The 4% DLD registration fee for Grove Ridge is paid at booking together with the 10% down payment, but it goes to the Dubai Land Department as a government registration fee and does not enter the project escrow account. Only the instalments toward the purchase price are paid into escrow account 1113*****30001 at Abu Dhabi Commercial Bank.

The DLD inspection dated 4 November 2025 recorded 0 percent construction progress at Grove Ridge, with a note that no construction activity was taking place on site at the time of inspection. Escrow releases to the developer follow certified progress, so buyer payments remain under DLD supervision until inspections certify completed works. The DLD record lists a construction start of 30 April 2026 and completion on 30 September 2029. Each new reading is tracked on the Grove Ridge construction updates page.

Yes. A later handover does not change how the Grove Ridge escrow account works: funds stay in the account and are released only against construction progress certified by DLD, whatever the calendar says. Escrow protects capital while the project is completed, but it does not itself compensate buyers for delay; delay terms are set out in the Sales and Purchase Agreement.

No. Every off-plan payment for Grove Ridge must go into the DLD-registered escrow account 1113*****30001 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 pay a personal account, an agent's account, or a different company account, particularly one offered with a discount for paying directly, matches the usual pattern of payment fraud, however official the documents appear. Any such request should be checked against the escrow account registered in Dubai REST and against the Sales and Purchase Agreement before funds are sent.

If the Dubai Land Department cancels a registered project, RERA takes control of the escrow account and buyer refunds are handled from the protected funds under DLD supervision. That protection covers only money paid into the registered Grove Ridge account at Abu Dhabi Commercial Bank; payments sent anywhere else fall outside it. The regulatory framework behind this is explained in the Dubai Land Department guide.

Yes. Grove Ridge at Emaar South is a freehold project open to all nationalities, and UAE residents and overseas buyers pay into the same DLD-registered escrow account, 1113*****30001 at Abu Dhabi Commercial Bank (the full number sits in the Escrow Details section above).