Windsor House Escrow Account

Sharjah Islamic Bank holds the escrow account for Windsor House, account number 0012*****4002 (revealed in full in the Escrow Details section above). The account sits under DLD project number 4035, which the Dubai Land Department registered on 16 December 2025.

Every instalment under the 70/30 plan is paid into the escrow account first: 20 percent at booking, 30 percent in reservation-date instalments within 360 days, 20 percent across four milestones at 20, 30, 40 and 50 percent construction, and 30 percent on completion. The bank releases funds to the developer against construction progress recorded through DLD inspections, not on the buyer's payment dates.

The DLD register reading recorded on 17 June 2026 is 3.08 percent, and the RERA progress report of the same date notes enabling works and piling ongoing. Because releases to the developer follow recorded progress, at this early stage of construction the great majority of the building work, and the escrow releases tied to it, still lies ahead. Newer readings and the inspection history are tracked on the Windsor House construction updates page.

No. The 4% DLD registration fee is paid to the Dubai Land Department at booking, alongside the 20 percent down payment, and is not held in the Windsor House escrow account. It is a government registration charge, separate from the purchase price that flows through escrow.

No. All off-plan payments for Windsor House belong in the DLD-registered escrow account 0012*****4002 at Sharjah Islamic Bank (the full number is in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. A request to move money into a personal account, an agent's own account or a different company account, particularly one paired with a discount for paying direct, fits the standard pattern of payment-diversion fraud however official the documents appear. The safe practice is to check any such request against the escrow account shown in Dubai REST and the SPA before money moves.

The Dubai REST app shows the record directly: under Services, then Project Status, a search for project number 4035 or Windsor House opens the project, and its Escrow panel lists the bank name and account number. Those details should match both this page and the Sales and Purchase Agreement before any transfer.

The DLD record and the RERA progress report name ELLINGTON SB DEVELOPMENT L.L.C, developer number 2420, as the registered developer of project 4035. The project is marketed under the Ellington Properties name. Matching the registered developer name in the SPA against the DLD record is part of the same check as matching the escrow account.

Money already paid remains in the escrow account, and releases to the developer still depend on recorded construction progress rather than on dates. Ellington's stated handover is Q3 2028, and the DLD register lists a registered completion date of 31 July 2029. Escrow protects capital while the project is built; it does not compensate buyers for timing changes, and those terms sit in the Sales and Purchase Agreement.

Under the escrow framework, RERA takes control of the escrow account if a project is cancelled, and buyer refunds are then handled from the protected funds under DLD supervision. That protection reaches only money paid into the registered account; payments sent anywhere else fall outside it. The wider regulatory framework is covered in the Dubai Land Department guide.

Under the escrow framework a retention portion stays in the account after completion to cover defect repairs, which keeps part of the developer's funds tied to the finished condition of the building. The amount and release terms are not shown on the DLD project record; they follow the escrow arrangement and the Sales and Purchase Agreement.

Escrow protects the money paid into the registered account and controls how it is released. It does not compensate for changes to the handover timetable, does not cover payments sent to any other account, and does not hold the 4% DLD registration fee. It also has no bearing on future resale prices or rents, which depend on the market rather than on the escrow structure.

Ellington announced that handover at Harrington House, a 92-residence building in Jumeirah Village Circle, began on 1 November 2022. The developer's published portfolio also lists Belgravia Heights I in Jumeirah Village Circle, DT1 in Downtown Dubai, and Wilton Terraces and Wilton Park Residences in Mohammed Bin Rashid City. None of these projects is attributed to the entity registered as developer of Windsor House.