Park Lane at Dubai Hills Estate Escrow Account

Emirates NBD Bank (P.J.S.C) holds the escrow account for Park Lane, account number 0204*****6130 (shown in full in the Escrow Details section above), opened under DLD project number 2775 when the project was registered in October 2023.

Dubai Hills Estate L.L.C is the Emaar entity that holds the licence and the escrow account for this project, carrying DLD developer number 984. Park Lane is marketed under the Emaar brand, so buyers checking Dubai REST see one name in the app and a different one on the brochure. Both refer to the same project, and the registered name is the one that should appear on escrow and Sales and Purchase Agreement documentation.

Park Lane uses a 10/70/20 plan, so the booking deposit and all construction installments are paid into the escrow account first. The bank releases funds to the developer only against construction stages certified by RERA inspections, and the final 20 percent falls due at completion, with a DLD-recorded completion date of 31 October 2028.

No. The 4 percent Dubai Land Department registration fee sits outside the escrow arrangement entirely. It is payable to the Dubai Land Department at booking as part of registering the unit, separately from the purchase installments that flow into account 0204*****6130 at Emirates NBD.

The RERA inspection dated 22 May 2026 certified 55.39 percent completion, up from 45.92 percent at the previous inspection. Enabling works and foundations are complete across the six residential buildings, while substructure, superstructure, internal works, internal finishes and MEP are progressing at different stages. Inspection-by-inspection detail is tracked on the Park Lane construction updates page.

Yes, the protection continues. Funds remain in the escrow account and are released only against certified progress, regardless of the calendar. Escrow protects capital while the project completes, but it does not itself compensate for delay; any remedy for late handover sits in the Sales and Purchase Agreement.

No. Every off-plan payment for Park Lane must go into the DLD-registered escrow account 0204*****6130 at Emirates NBD (the full number sits in the Escrow Details section above), exactly as recorded in the Sales and Purchase Agreement. Any request to send funds to a personal account, an agent's account, or an alternative company account, especially one paired with a discount for paying directly, is the classic pattern of payment fraud, no matter how official the paperwork looks. Any such request should be checked against the escrow account registered in Dubai REST and the details in the Sales and Purchase Agreement before any 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. That is the reason paying only into the registered account matters: money sent anywhere else sits outside that protection and outside any refund process. The wider framework is explained in the Dubai Land Department guide.

Yes, Park Lane at Dubai Hills Estate is a freehold project, open to all nationalities.

It depends on the tier. The 10-year Golden Visa through property investment requires a purchase of at least AED 2 million (approx USD 545,000). At Park Lane, one bedroom apartments start from AED 1.40 million (approx USD 381,000) and sit below that threshold, while two bedroom apartments start from AED 2.18 million (approx USD 594,000) and clear it, as do the three bedroom apartments and townhouses. The full requirements are covered in the Park Lane Golden Visa guide.