General
    beginner

    17. What is an "Escrow Account"?

    Ali Faizan Syed1 min read0 viewsUpdated 1/2/2026
    An Escrow Account is a specific bank account opened for a real property development project where payments from off-plan purchasers or project financers are deposited. These funds are exclusively dedicated to the construction and implementation of that specific project and cannot be attached by the developer�s creditors. This system protects investors by ensuring that their money is only used for the project they invested in, with disbursements monitored by an Escrow Agent and audited by RERA.

    Related Topics:

    Escrow Account Dubai
    Off-plan Investment Security
    Project Funds
    Was this helpful?

    Need More Clarity?

    Get personalized advice from Ali Faizan Syed, your trusted Dubai real estate consultant.

    WhatsApp ConsultationCall Now

    Related Questions

    Browse Categories

    LegalInvestmentFinancingMarketVisaTaxes