The Highgrove Escrow Account

First Abu Dhabi Bank P.J.S.C. (FAB) holds the escrow account for The Highgrove, account number 4031*****8340008 (the complete number appears in the Escrow Details section above), recorded against DLD project number 4037, which entered the register on 12 September 2025.

Under The Highgrove's 70/30 plan, the 20% booking payment, the four reservation-date instalments (10%, 10%, 5% and 5%, due 60, 120, 240 and 360 days after the reservation date) and the four 5% instalments tied to 20%, 30%, 40% and 50% construction of the project are all paid into the escrow account. Reservation-date instalments follow each buyer's own reservation date, while the construction-linked ones fall due only when the project reaches each stage. At the 7% DLD register reading recorded on 6 August 2026, no construction-linked instalment had been triggered; the first is tied to 20% construction.

The DLD register recorded The Highgrove at 7% on 6 August 2026, with an earlier reading of 4.31% shown without a date. The RERA progress report for that inspection lists enabling, piling and foundation works as progressing on site. Escrow funds are released to the developer against construction progress recorded through these inspections, so at this early stage most of the project's construction-linked value is still ahead. A newer reading may have been posted since that date, and the inspection history is tracked on The Highgrove construction updates page.

The money remains in the escrow account, and releases to the developer still depend on recorded construction progress rather than on dates. The DLD register gives 31-12-2028 as the registered completion date, and the expected handover is Q4 2028. Escrow protects the capital paid in while the tower is built; it does not compensate buyers if handover moves, and any terms on timing sit in the Sales and Purchase Agreement.

No. Each off-plan instalment for The Highgrove belongs in the DLD-registered escrow account 4031*****8340008 at First Abu Dhabi Bank (the complete number is available in the Escrow Details section above), as written in the Sales and Purchase Agreement. A request to route money to a personal account, to an agent, or to a different company account, particularly one offering a discount for paying outside escrow, matches the usual pattern of payment-diversion fraud, however formal the paperwork appears. Such a request can be checked against the escrow panel for project 4037 in Dubai REST and against the SPA before any money moves.

RERA takes control of the escrow account if a project is cancelled, and refunds to buyers are then handled from the protected funds under DLD supervision. That protection covers money paid into the registered account; payments sent anywhere else fall outside it. The wider regulatory picture is set out in the Dubai Land Department guide.

The Project Status service in the Dubai REST app lists The Highgrove under DLD project number 4037, with the register name The Highgrove. Its Escrow panel names First Abu Dhabi Bank P.J.S.C. as the bank and shows the same account number as the Escrow Details section of this page. The RERA inspection report for the project names Ellington Properties Development L.L.C, the entity on the DLD record, as the developer.

The final 30% of The Highgrove's 70/30 plan is due on completion, with handover expected in Q4 2028, while the DLD register shows 31-12-2028 as the registered completion date. Like the earlier instalments, it is paid into the project escrow account rather than to the developer directly.

No. The 4% DLD registration fee is paid at booking alongside the 20% instalment, but it goes to the Dubai Land Department to register the purchase rather than into the escrow account, so it never forms part of the balance held for construction.

Yes. A retention portion of the project's funds stays in escrow after completion as cover for defect repairs, so part of the money remains protected beyond handover. The retention is held back from the developer's releases; it is separate from the buyer's own payment schedule and does not add to the purchase price.

According to Ellington's own announcements, its completed projects include Harrington House in Jumeirah Village Circle (92 residences), where handover began on 1 November 2022 and which the developer described as completed ahead of schedule, together with Belgravia Heights I in Jumeirah Village Circle, DT1 in Downtown Dubai, and Wilton Terraces and Wilton Park Residences in Mohammed Bin Rashid City. A developer's earlier completions are context for The Highgrove, not a commitment on its timetable.

The escrow account protects money paid into it toward the construction of The Highgrove. It does not hold the 4% DLD registration fee, payments sent to any other account, or costs outside the purchase price such as agency fees and service charges, and it does not pay compensation if handover moves. Escrow protects capital; it does not guarantee a resale price or a rental return.