General
    beginner

    What is an Escrow Account?

    Ali Faizan Syed1 min read0 viewsUpdated 1/2/2026
    An Escrow Account is a dedicated bank account for a real property development project. Payments from off-plan purchasers or project financers are deposited into this account to ensure project security. These funds are exclusively used for constructing the specific project and cannot be attached by the developer's creditors. This system is a vital protective measure for investors, ensuring their money is spent only on the actual implementation of the property they purchased. RERA audits these accounts to monitor revenues and expenditures regularly.

    Related Topics:

    Escrow Account Dubai
    Off-plan Security
    RERA Audit
    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