Nima at The Valley Escrow Account

The account is held with Emirates NBD Bank (P.J.S.C) under number 0205*****8519, and its complete digits can be revealed or copied in the Escrow Details section of this page. It is attached to DLD project number 2771, registered on 26 September 2023, with Emaar Development P.J.S.C. (developer number 1211) as the registered developer.

Buyer installments collect in the escrow account and are paid out to Emaar in stages as construction advances, with progress independently inspected and audited for RERA. The latest DLD project register reading for Nima is 80.02%, dated 7 May 2026, up from a previous, undated reading of 72.03%, with the RERA status recorded as Main Contract Progressing. Each dated reading is tracked on the Nima at The Valley construction updates page.

All three parts of the plan are paid into the escrow account: 10% on booking, 80% during construction and 10% upon handover, which is expected in Q3 2027. The booking and construction parts together come to 90% of the price before handover. The published plan gives no installment calendar, so due dates and amounts are those set in each buyer's Sales and Purchase Agreement.

Oqood is the Dubai Land Department register for off-plan sales, and each Nima purchase is recorded on it against project 2771, which ties the buyer's unit to the project whose escrow account receives the price. The 4% DLD registration fee is paid at booking alongside the 10% deposit; it is a government registration charge rather than part of the purchase price, so it is not held in the escrow balance.

The number can be checked in the Dubai REST app under Services, Project Status, by searching project number 2771 or the register name "The Valley - Nima" and opening the Escrow Account panel. The bank and number shown there should match both the Escrow Details section of this page and the escrow details in the Sales and Purchase Agreement, and the DLD record takes precedence over any other source.

No. Every off-plan installment for a Nima townhouse belongs in escrow account 0205*****8519, the DLD-registered account held with Emirates NBD, whose complete digits appear in the Escrow Details section of this page and in the Sales and Purchase Agreement. A request to pay a personal account, an agent, or a different company account, often presented with a discount or an urgent deadline, fits the standard pattern of payment-diversion fraud. Money sent to any account other than the registered escrow account falls outside its protection.

Yes. A delay does not change how the account works: the balance stays in escrow and is still released only as inspected progress is recorded, whatever the calendar says. Escrow safeguards the capital while the build finishes but does not pay compensation for lateness; any delay terms are those written into the Sales and Purchase Agreement.

RERA takes control of the escrow account if a project is cancelled, and buyer refunds are handled from the protected balance under Dubai Land Department supervision. The safeguard covers only money paid into the registered account. At 80.02% on the DLD project register as of 7 May 2026, Nima is at a stage where cancellation is a remote scenario, yet the mechanism applies at every stage. The regulator's wider role is described in the Dubai Land Department guide.

After completion, part of the escrow balance is held back rather than released in full to Emaar, as a reserve toward defect repairs that surface after handover. The retention amount and its release timing are governed by the DLD escrow rules and the Sales and Purchase Agreement. With handover expected in Q3 2027, the retention is the last escrow stage still ahead for Nima buyers.

The escrow account protects buyer payments while Nima is built; it does not guarantee the Q3 2027 handover date, pay compensation for delay, or cover money sent to any other account. The 4% DLD registration fee also sits outside it. Delay remedies, specifications and defect obligations are set by the Sales and Purchase Agreement and the handover process rather than by the escrow account.

Four recent Emaar handovers in Dubai are Creek Palace (March 2026), Seagate (September 2025), June (June 2025) and Bliss (November 2024). Each was completed by the same developer now building Nima under DLD escrow supervision, which makes them the nearest available evidence of how Emaar finishes projects within that framework.