Lime Gardens at Dubai Hills Estate Escrow Account

Mashreq Bank (P.S.C.) holds the escrow account for Lime Gardens, account number 0190*****838 (shown in full in the Escrow Details section above), registered under DLD project number 2418 when the project was entered on the Dubai Land Department register on 30 June 2022.

Lime Gardens is marketed under the Emaar brand, but the entity registered with the Dubai Land Department against project 2418 is Dubai Hills Estate L.L.C, developer number 984. Escrow releases and RERA inspection records are held against that name, so paperwork and account records naming Dubai Hills Estate L.L.C rather than Emaar Properties are normal for this project.

Lime Gardens sold on an 80/20 construction linked plan: 10 percent on booking, seven further instalments of 10 percent tied to construction milestones, and a closing 20 percent on completion and handover. Each of those payments was made into the escrow account at Mashreq Bank, and the bank released funds against construction stages certified by RERA inspections rather than on the developer's request. That schedule has now run its full course.

The RERA inspection dated 28 August 2025 certified 100 percent completion, up from 91.05 percent at the previous inspection, and recorded the progress status as completed. The tower is finished and handed over, and the inspection notes record that meters were fixed and the building completion and civil defence certificates had been obtained. The month by month build record is tracked on the Lime Gardens construction updates page.

Yes. A retention portion of buyer funds stays in the escrow account after completion under Dubai Land Department rules, held against defect rectification, and the account remains the registered destination for any outstanding off-plan balance on a unit. Payment diversion fraud also continues after handover, which is why the registered account details are still worth matching against Dubai REST before any transfer.

No. Every off-plan payment for Lime Gardens belongs in the DLD-registered escrow account 0190*****838 at Mashreq Bank (the full number sits in the Escrow Details section above), exactly as recorded in the Sales and Purchase Agreement. Any request to route funds to a personal account, an agent's account, or an alternative company account, particularly one paired with a discount for paying directly, matches the standard pattern of payment diversion fraud regardless of 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 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. Lime Gardens is certified complete and handed over, so cancellation is no longer a live scenario here, but the mechanism explains why paying only into the registered account matters: funds sent anywhere else sit outside that protection. The wider framework is explained in the Dubai Land Department guide.

Dubai REST records a completion date of 31 March 2026 against project 2418, while the RERA inspection dated 28 August 2025 already certified the tower at 100 percent with a progress status of completed. The two answer different questions: one is the completion date carried on the project register, the other is the independently audited state of the building on site. Lime Gardens is complete and handed over, and its DLD project status reads Finished.

Yes, Lime Gardens at Dubai Hills Estate is a freehold project, open to all nationalities.

It depends on the tier. The property investment threshold for the 10-year Golden Visa is AED 2 million (approx USD 545,000). One bedroom apartments at Lime Gardens start from AED 1.55 million (approx USD 422,000) and sit below that threshold, so they do not qualify on their own. One bedroom duplexes from AED 2.40 million, two bedroom apartments from AED 2.62 million, three bedroom apartments from AED 3.70 million and two bedroom duplex townhouses from AED 4.40 million all clear it. The requirements and application timing are covered in the Lime Gardens Golden Visa guide.