Mareva at The Oasis Escrow Account

Abu Dhabi Commercial Bank holds the escrow account for Mareva at The Oasis, account number 1065*****30007 (the full number sits in the Escrow Details section above). The account is attached to DLD project number 4269, which Emaar Development P.J.S.C. registered with the Dubai Land Department on 8 December 2025.

The RERA inspection dated 16 June 2026 certified 2.05 percent progress, up from 0 percent at the previous inspection, with mobilisation, enabling works and infrastructure works under way on site. Releases from the escrow account to the developer follow certified progress, so at this reading the account is in its earliest release phase and almost the entire build is still uncertified. Each new reading is tracked on the Mareva at The Oasis construction updates page.

They were held in the project escrow account at Abu Dhabi Commercial Bank. The account was set up with the project's DLD registration on 8 December 2025, ahead of the 22 March 2026 construction start, so the down payment and any fixed-date instalments paid early in the plan sit under Dubai Land Department supervision and are released to the developer only against progress certified by inspection.

No. Every off-plan payment toward a Mareva villa belongs in the DLD-registered escrow account 1065*****30007 at Abu Dhabi Commercial Bank (the full number sits 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 sweetened with a discount for paying directly, follows the standard pattern of payment fraud however official the paperwork appears. Such a request is checked against the escrow account shown for project 4269 in Dubai REST and against the Sales and Purchase Agreement before any money moves.

The escrow protection does not lapse with the calendar. Funds stay in the account and continue to be released only against certified progress, and the registered completion date of 28 February 2030 does not release anything by itself. Escrow protects capital while the villas are completed; it does not compensate for delay, and the delay terms sit in the Sales and Purchase Agreement.

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. Only money paid into the registered account sits inside that safety net, so a payment sent anywhere else carries a risk the framework cannot reach. The wider regulatory framework is explained in the Dubai Land Department guide.

Oqood is the Dubai Land Department register for off-plan sales. Registering a Mareva villa under Oqood records the purchase against DLD project number 4269, the project to which the Abu Dhabi Commercial Bank escrow account is attached, and the 4% DLD registration fee is paid as part of that registration. The Oqood record is the buyer's official evidence that the purchase sits inside the registered project whose payments the escrow account protects.

The 4% DLD registration fee is a Dubai Land Department fee for registering the purchase, payable alongside the 10% down payment on booking. It is separate from the villa price: the instalments of the 80/20 construction-linked plan are the payments held in the escrow account and released against certified progress.

In the Dubai REST app, Services leads to Project Status, where a search for project number 4269 or the registered name Mareva The Oasis opens the project record. Its Escrow Account panel shows the bank, Abu Dhabi Commercial Bank, and the escrow number, which matches this page and the Sales and Purchase Agreement when the details are genuine.

Recent Emaar handovers in Dubai include Bliss (November 2024), June (June 2025), Seagate (September 2025) and Creek Palace (March 2026), each delivered under a DLD-registered escrow account and the same milestone inspection system. These are Emaar Dubai portfolio projects, not phases of The Oasis: they show how the developer performs inside the framework, not a guarantee of the Feb 2030 handover at Mareva.