HADO at SIORA Escrow Account

Mashreq Bank PSC holds the escrow account for HADO at SIORA, account number 0190*****564 (the full number is available in the Escrow Details section above). The account is recorded against DLD project number 4210, which the Dubai Land Department registered on 09 December 2025.

HADO at SIORA is sold on a 50/50 plan: 10% on booking, 10% one month from booking, six instalments of 5% falling on 01 May and 01 November each year from 2026 to 2028, and 50% on completion, anticipated by Q3 2029, with the dated instalments subject to the developer's current terms. Every payment is made into the project escrow account, and the bank releases funds to the developer against construction progress recorded by the Dubai Land Department, not on the payment dates themselves.

The Dubai Land Department register shows 0.01% for HADO at SIORA, dated 16 June 2026, the same day RERA inspectors noted mobilization work under way at site. That places the project at the pre-construction stage, so releases tied to construction progress have almost no recorded progress to follow yet. On this page's build date the reading was 105 days old, and the dated record is tracked on the HADO at SIORA construction updates hub.

No. The 4% DLD registration fee on a HADO at SIORA purchase is paid to the Dubai Land Department, not into the escrow account, and it is due in addition to the 10% booking payment. The fee covers registration of the sale, which for an off-plan unit is recorded in the Oqood register. The escrow account receives only the payments made toward the purchase price.

No. Every off-plan payment toward a HADO at SIORA unit belongs in the DLD-registered escrow account 0190*****564 at Mashreq Bank PSC (the full number is available in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. A request to pay into a personal account, an agent's account or a different company account, particularly one offered with a discount for paying outside escrow, matches the standard pattern of payment fraud however official the paperwork appears. The safe reference point for any such request is the project 4210 record in Dubai REST together with the escrow details in the Sales and Purchase Agreement.

Yes. Money paid toward a HADO at SIORA unit remains in the escrow account and continues to be released only against recorded construction progress, whatever the calendar says. Escrow protects capital while a project is completed; it does not pay compensation for delay, and any delay terms sit in the Sales and Purchase Agreement. The expected handover is Q3 2029.

RERA takes control of the escrow account if a project is cancelled, and refunds to buyers are handled from the money held in it under the supervision of the Dubai Land Department. That safety net covers only money paid into the registered account, so a payment made anywhere else falls outside it. HADO at SIORA is at the pre-construction stage, and the mechanism applies at every stage of the build. How the Dubai Land Department supervises escrow across the market is covered in the Dubai Land Department guide.

A HADO at SIORA off-plan purchase is recorded in the Dubai Land Department's Oqood register once the Sales and Purchase Agreement is signed and the 4% DLD registration fee is paid, which ties the unit to the buyer while the towers are built. After completion and the final 50% payment, the Oqood record is converted into a title deed issued by the Dubai Land Department. Instalments paid before that point are held in the project escrow account.

The HADO at SIORA escrow details are published in the Dubai REST app under Services, then Project Status, by searching project number 4210, which the register lists as Hado by Beyond. The escrow panel shows the bank, Mashreq Bank PSC, and the account number, which should match both this page and the Sales and Purchase Agreement.

Escrow protects HADO at SIORA buyer payments by holding them in a DLD-registered account and releasing them against recorded progress. It does not protect money sent to any other account, it does not compensate for delays (those terms sit in the Sales and Purchase Agreement), and it does not cover changes in market value, rental returns or the 4% DLD registration fee, which is paid to the Dubai Land Department. It also does not fix a handover date; the expected handover is Q3 2029.

HADO at SIORA has a short dated record of its own: registration with the Dubai Land Department on 09 December 2025, a register reading of 0.01% with mobilization recorded on 16 June 2026, and a registered construction start of 30 June 2026. The project brochure describes Beyond as a premium real estate brand under OMNIYAT Group, and its other launched projects include Soulever in Dubai Maritime City and Passo by Beyond on Palm Jumeirah. The project record used for this page contains no dated Beyond handover.