SHIONE at SIORA by Beyond Escrow Account

Mashreq Bank PSC holds the escrow account for SHIONE at SIORA, account number 0190*****751 (shown in full in the Escrow Details section above), recorded in the Dubai Land Department register under project number 4501, which was registered on 05 November 2026.

Every SHIONE at SIORA instalment goes into the DLD-registered escrow account first, and releases from that account to the developer are tied to construction progress recorded through inspections under Dubai Land Department supervision. The official 50/50 plan (10% on booking, 10% one month from booking, six instalments of 5% each on 01 May and 01 November from 2027 to 2029, and 50% on completion, anticipated by Q4 2030) sets when buyers pay; recorded progress sets when funds can be drawn.

The RERA inspection dated 03 November 2026 recorded no construction activities on site, and the Dubai Land Department register shows the reading of that date as 0%, the pre-construction baseline for project 4501. Because escrow releases are linked to recorded construction progress, that baseline is the starting point for every later release; the registered construction start is 31 March 2027. Each dated reading is tracked on the SHIONE at SIORA construction updates page.

No. The 4% DLD registration fee is paid to the Dubai Land Department, not into the SHIONE at SIORA escrow account, and it is charged on top of the purchase price. It falls due at booking, alongside the 10% first instalment, and it is not one of the instalments the escrow account holds or releases.

The EOI for SHIONE at SIORA is AED 50,000 per unit and comes before the booking payment, the Sale and Purchase Agreement and the Oqood registration. Beyond's EOI terms govern how the EOI payment is held and applied, so that point is confirmed with Beyond before any transfer. The instalments of a booked purchase are paid into the DLD-registered escrow account for project 4501.

A SHIONE at SIORA purchase is registered with the Dubai Land Department as an Oqood, the off-plan registration under project 4501, once the booking is made and the Sale and Purchase Agreement is signed; the Oqood records the buyer's interest in the unit while construction runs. The title deed is typically issued after completion, once the 50% due on completion, anticipated by Q4 2030, has been paid and handover is finalised.

No. Every off-plan instalment for SHIONE at SIORA goes to the DLD-registered escrow account 0190*****751 at Mashreq Bank PSC (the full number sits in the Escrow Details section above), as recorded in the Sale and Purchase Agreement. Money sent to a personal account, an agent's account or any other company account falls outside the protection escrow provides, and a request to redirect payment, especially one paired with a discount, is a recognised fraud pattern however official the paperwork looks. The reliable reference points are the escrow details shown in Dubai REST for project 4501 and those in the Sale and Purchase Agreement.

Yes. If construction takes longer, money already paid stays in the escrow account and continues to be released only against recorded construction progress, whatever the calendar says. Escrow protects capital; it does not compensate buyers for a handover later than the expected Q4 2030, and delay terms sit in the Sale and Purchase Agreement.

RERA takes control of the escrow account if a project is cancelled, and refunds to SHIONE at SIORA buyers would then be handled from the money the account holds, under Dubai Land Department supervision. That protection covers money paid into the registered SHIONE at SIORA account for project 4501; money sent anywhere else sits outside it. How that framework operates is covered in the Dubai Land Department guide.

Through the Dubai REST app: under Services, Project Status, a search for project number 4501 opens the project record, and its escrow panel lists the trust account bank and the account number. Those details should match this page and the Sale and Purchase Agreement; where anything differs, the Dubai REST record is the authority.

The escrow account protects the instalments paid toward a SHIONE at SIORA unit and controls how they are released. It does not hold the 4% DLD registration fee, which is paid to the Dubai Land Department, and it does not protect any payment sent to an account other than the registered one. It also does not guarantee a handover date, compensate for delay, or underwrite resale value or rental income; specifications and delay terms are governed by the Sale and Purchase Agreement.