Escrow Accounts in UAE Property – Your Safety Net Explained

One of the biggest questions new investors ask is, “How do I know my money is safe?” In the UAE, the
answer is escrow accounts.
An escrow account is a secure bank account set up for every off-plan development. It’s legally required
and monitored by the Dubai Land Department to protect investors like you.
Here’s how it works:

  1. Payments Go to a Third-Party Account:
    When you pay toward a property, the money doesn’t go directly to the developer. It goes into a separate, regulated account. The developer only gets access once verified progress is made.
  2. Independent Oversight:
    Each release of funds is tied to construction milestones. Independent engineers check the progress before any money is released. This ensures that work is actually being done.
  3. Government Regulation:
    The Dubai Land Department oversees every registered project. Only developers with a solid track record can create these accounts, and they are required to follow strict financial rules.
  4. Reduced Risk for You:
    Escrow accounts protect your investment. If something goes wrong with the developer or the project is delayed, your money isn’t lost. It’s held securely and can only be used for the project you invested in.

At Athlete Living UAE, we only work with projects that use properly registered and compliant escrow
accounts. We show you how it works, explain where your payments go, and make sure you’re protected
from day one.

When you invest with us, your money isn’t just working for you – it’s working safely.

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