The Archive Escrow Account

Abu Dhabi Commercial Bank (ADCB) holds the escrow account for The Archive by Imtiaz, account number 1425*****20003 (the complete number appears in the Escrow Details section above). The account sits under DLD project number 3781, which entered the Dubai Land Department register on 02 March 2026.

The Project Status service in the Dubai REST app lists the project under number 3781 and the register name The Archive By Imtiaz. Its Escrow panel shows the bank and the account number, and both should match the Escrow Details section of this page and the Sales and Purchase Agreement before any instalment is sent.

The Dubai Land Department register and the RERA inspection report list Rosewell Park Real Estate Development L.L.C, developer number 2235, as the developer of record for project 3781. The project is marketed under the Imtiaz Developments name, and buyer instalments are paid into the project escrow account at Abu Dhabi Commercial Bank rather than into either company's own accounts.

No. Off-plan instalments for The Archive are paid into the DLD-registered escrow account 1425*****20003 at Abu Dhabi Commercial Bank (the complete number is available in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. A request to pay a personal account, an agent's account or a different company account, particularly one offering a discount for paying direct, matches the usual pattern of payment-diversion fraud, however official the paperwork looks. Any such request is checked against the escrow account shown in Dubai REST and the Sales and Purchase Agreement before funds move.

Under the primary 50/50 plan, 20% is paid at signing, followed by six instalments of 5% from 15 November 2026 to 1 July 2028 and 50% on completion, expected in Q3 2028. The developer lists these dates as indicative, and the Sales and Purchase Agreement holds the binding schedule. Instalments are paid into the escrow account, and the bank releases funds to the developer only against construction progress recorded through DLD inspection. As of late October 2026, only the booking instalment has fallen due, with the following 5% instalment scheduled for 15 November 2026.

No. The booking step at The Archive is 20% plus the 4% DLD fee plus an admin fee. The 20% instalment goes into the escrow account, while the 4% DLD registration fee is paid to the Dubai Land Department and the admin fee to the developer, so neither is held in escrow. The published payment plan does not state the admin fee amount.

The Dubai Land Department project register shows 2.96% for The Archive on a reading dated 29 June 2026, against a previous reading of 0% that carries no date. The RERA report of the same date recorded enabling works under way at the site. Because escrow releases follow recorded progress, almost the entire build, and with it almost the entire release schedule, still lies ahead. Each new reading is tracked on the construction updates page for The Archive by Imtiaz.

Under the primary plan, the final 50% is payable on completion, expected in Q3 2028, and is paid to the account named in the payment instructions under the Sales and Purchase Agreement, which can be matched against the escrow details in Dubai REST. The post-handover alternative instead runs 60% during construction and spreads 40% over three years after handover, paid quarterly at about 3.3% a quarter. Those post-handover instalments fall outside the construction-phase escrow mechanics, so where they are paid is confirmed with the developer and in the Sales and Purchase Agreement.

Yes, the escrow protection continues. Money in the escrow account is released only against recorded construction progress, whatever the calendar says, so a later handover does not free funds the build has not reached. Escrow protects capital while the project is built; it does not pay compensation for late delivery, and delay terms sit in the Sales and Purchase Agreement. It also does not cover the 4% DLD fee, the admin fee, or any money sent to an account other than the registered escrow account.

RERA takes control of the escrow account if a project is cancelled, and the balance held there is then handled under Dubai Land Department supervision, including refunds to buyers. That safeguard reaches only money paid into the registered account, which is why every instalment for The Archive belongs in the ADCB escrow account and nowhere else. How Dubai protects off-plan buyers in that situation is set out in the Dubai Land Department guide.

Imtiaz Developments has announced handovers at Beach Walk Residence on Dubai Islands (80 residences), which it reported as the first residential handover by any developer on Dubai Islands, and at Westwood Grande in Jumeirah Village Circle, reported as handed over early in December 2024. It also lists Westwood Grande II and Pearl House in Jumeirah Village Circle and Hyde Walk in Jumeirah Garden City among its handovers. These are Imtiaz group projects drawn from developer announcements; the DLD register lists Rosewell Park Real Estate Development L.L.C as the developer of record for The Archive.