The Brooks at Sobha Sanctuary Escrow Account

Dubai Islamic Bank (Public Joint Stock Company) holds the escrow account for The Brooks at Sobha Sanctuary, account number 0016*****936201 (the Escrow Details section above reveals it in full). The account is recorded against DLD project number 4532, which the Dubai Land Department registered on 30 July 2026.

The 60/40 plan runs from each buyer's booking date: 20 percent on booking, four payments of 10 percent at 6, 12, 24 and 30 months from booking, and 40 percent on handover, expected in Q3 2030. Every instalment is paid into the project escrow account, and the bank releases funds to the developer only against construction progress recorded by DLD inspections, so the buyer's payment calendar and the developer's release calendar are two separate things.

Yes. The first DLD inspection, dated 15 July 2026, recorded 0 percent, and the register lists a construction start date of 1 January 2027. Payments made before works begin are held in the DLD-registered escrow account and are released to the developer only as inspections record construction progress on site. Each new reading for the project is tracked on The Brooks construction updates page.

No. The 4% DLD registration fee is paid at booking alongside the 20 percent down payment, but it goes to the Dubai Land Department as a registration charge and is not deposited into the project escrow account. Only payments toward the villa price itself are held in escrow.

The final 40 percent falls due at handover, expected in Q3 2030, and is paid into the same escrow account as every earlier instalment. After completion, a retention portion of the project's escrow funds stays in the account to cover defect rectification, which keeps part of the developer's money tied to the finished villas beyond the handover date.

Yes. The money stays where it is: escrow releases are tied to construction progress recorded by DLD inspections, not to a date on the calendar. Escrow protects capital while a project is built; it does not itself compensate buyers for a later handover, and any delay terms sit in the Sales and Purchase Agreement.

No. Every off-plan payment for The Brooks at Sobha Sanctuary belongs in the DLD-registered escrow account 0016*****936201 at Dubai Islamic Bank (the complete number appears in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. A request to send money to a personal account, to an agent, or to some other company account, particularly one that offers a discount for paying outside escrow, matches the standard pattern of payment fraud however official the paperwork appears. Any such request is checked against the escrow account shown in Dubai REST and the Sales and Purchase Agreement before money moves.

Should the Dubai Land Department cancel a registered project, RERA takes control of the escrow account; refunds to buyers are then handled from the protected balance under DLD supervision. That safety net covers money paid into the registered account; money sent anywhere else sits outside it. The wider regulatory framework is covered in the Dubai Land Department guide.

The DLD register lists the developer of project 4532 as SOBHA L.L.C, developer number 966, and the same record names Dubai Islamic Bank as the trust account bank. Matching that registered developer name against the seller named in the Sales and Purchase Agreement is part of verifying a purchase at The Brooks.

In the Dubai REST app, Services and then Project Status lead to the project register; searching project number 4532 or "The Brooks at Sobha Sanctuary" opens the record, and its Escrow panel shows the bank and the account number. Those details are compared with the Escrow Details section on this page and with the Sales and Purchase Agreement before each transfer.

Escrow protects the capital paid toward a villa while it is built. It does not guarantee a handover date, it does not compensate for a later handover, and it does not protect money paid into any account other than the registered one. The 4% DLD registration fee also sits outside it, and remedies such as delay terms are set by the Sales and Purchase Agreement.