Raya at Arabian Ranches 3 Escrow Account

Emirates Islamic Bank P.J.S.C. holds the escrow account for Raya at Arabian Ranches 3, account number 3538*****0309 (shown in full in the Escrow Details section above), registered under DLD project number 2467 when Emaar registered the project in October 2022.

The escrow account remains the project's registered trust account, and any outstanding contractual instalment on an existing off plan contract is still paid into it. A purchase of a finished townhouse from the developer today settles differently: it is completed as a title deed transfer at the Dubai Land Department rather than through the construction payment schedule. Layouts, sizes, pricing and remaining availability are covered on the Raya at Arabian Ranches 3 project guide.

Raya was sold on a construction linked plan of 10 percent on booking, 70 percent across seven instalments tied to construction milestones, and 20 percent on completion, with the 4 percent DLD registration fee payable at booking. Each of those instalments was paid into the project escrow account, and the bank released funds to Emaar only against construction progress certified by DLD inspection.

The DLD inspection dated 15 December 2025 certified Raya at 100 percent, up from 94.7 percent at the previous inspection, and recorded the progress status as completed. The building completion certificate was issued on 30 June 2025 and Dubai Civil Defence clearance on 26 May 2025. The inspection history behind those milestones is tracked on the Raya at Arabian Ranches 3 construction updates page.

No. A contractual payment on an off plan unit at Raya belongs in the DLD-registered escrow account 3538*****0309 at Emirates Islamic Bank (the full number sits in the Escrow Details section above), exactly as recorded in the Sales and Purchase Agreement, and a completed purchase is settled at the Dubai Land Department through the registration trustee. A request to send funds to a personal account, an agent's account, or an alternative company account, particularly one paired with a discount for paying that way, is the standard pattern of payment diversion fraud, however official the paperwork appears. The account registered in Dubai REST and the details written into the contract are the two references that settle whether an instruction is genuine, and both can be checked before a transfer is made.

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. Money sent to an account outside that registration sits outside the protection entirely. With Raya certified at 100 percent and recorded as completed, the project is far past the stage where cancellation is a realistic concern, although that framework governed it throughout construction. How the regulator supervises off plan projects is explained in the Dubai Land Department guide.

A retention amount stays in the project escrow account after completion, held through the defects liability period so funds remain reserved against faults that surface once homes are occupied. That retention only works alongside a documented defect list, which is the purpose of an independent inspection before the completion documents are signed, a process set out in the Raya at Arabian Ranches 3 snagging inspection guide. Escrow protects capital and reserves money for rectification; it is not a compensation mechanism, and delay terms sit in the Sales and Purchase Agreement.

Yes, Raya at Arabian Ranches 3 is a freehold project, open to all nationalities, with the title deed registered at the Dubai Land Department in the buyer's name.

Raya townhouses start from AED 3.10 million (approx USD 844,000), which is above the AED 2 million property investment threshold for the 10-year Golden Visa. The full requirements, documents and application timing are covered in the Raya at Arabian Ranches 3 Golden Visa guide.