Six Senses Residences Dubai Marina Escrow Account

Emirates NBD Bank (P.J.S.C) holds the escrow account for Six Senses Residences Dubai Marina, account number 0204*****2029 (the full number is in the Escrow Details section above), under DLD project number 3006, registered with the Dubai Land Department on 2 April 2024.

Under the 40/60 plan, the 20 percent booking payment, the 10 percent due within 6 months of reservation, the 10 percent due within 12 months of reservation and the 60 percent due on completion are all paid into the project escrow account. Releases to the developer follow construction progress recorded by the Dubai Land Department rather than the payment calendar, and handover is scheduled for Q3 2028.

No. The 4% DLD registration fee is paid at the booking and SPA stage, alongside the 20 percent booking payment, and it goes to the Dubai Land Department rather than into the project escrow account. It sits outside the purchase price instalments and is not part of the money held for construction.

The DLD register reading dated 18 June 2026 was 25.02 percent, up from 21.3 percent on 25 December 2024. Escrow releases to the developer are tied to recorded construction progress, so at that reading most of the construction, and the releases linked to it, still lay ahead. The June 2026 monitoring report noted that enabling, piling and foundation works had been completed by then. Each dated reading is tracked on the Six Senses Residences construction updates page.

Yes. The escrow protection does not lapse with a later calendar: funds remain in the escrow account and are released only against recorded construction progress, whenever that progress is made. Escrow protects capital while the tower is completed; it does not compensate buyers for delay, and any delay terms sit in the Sales and Purchase Agreement.

No. Every off-plan instalment for Six Senses Residences Dubai Marina is paid into the DLD-registered escrow account 0204*****2029 at Emirates NBD (the full number is in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. A request to pay a personal account, an agency account or a different company account, particularly one sweetened with a discount for paying outside escrow, fits the typical pattern of payment-diversion fraud. The escrow account shown in Dubai REST and the escrow clause of the Sales and Purchase Agreement are the two references any payment instruction is checked against.

RERA takes control of the escrow account if a project is cancelled, and buyer refunds are then settled from the funds held in that account under Dubai Land Department supervision. The protection covers money paid into the registered account; a payment sent anywhere else falls outside it. The wider regulatory framework is covered in the Dubai Land Department guide.

Oqood is the Dubai Land Department register for off-plan units. Under the payment plan, registration falls within 14 days of reservation, when the balance of the 20 percent booking payment and the 4% DLD fee are paid, and the residence is then recorded under Oqood against DLD project number 3006. The title deed follows after completion, once the final 60 percent has been paid and the residence is handed over.

The account appears in the Dubai REST app under Services, then Project Status, by searching project number 3006. Its Escrow Account panel shows the bank, Emirates NBD, and the account number, which should match both the Escrow Details section of this page and the escrow clause in the Sales and Purchase Agreement. Any mismatch, however small, is a reason to hold a payment until it is resolved.

The escrow account protects the purchase instalments paid into it and controls their release for construction. It does not hold the 4% DLD fee, which goes to the Dubai Land Department; it does not protect money sent to any other account; and it does not compensate for handover delays, which are governed by the Sales and Purchase Agreement. It also offers no protection against changes in resale value or rental returns.