Dubai is one of the most dynamic real estate markets in the world. Especially when buying off-plan real estate, the question often arises: How safe is my investment?
This is precisely where the escrow system provides trust and security. Every developer is required by law to open a separate escrow account with a licensed bank for each project. When you buy an off-plan property, your payments flow exclusively into this account. The developer has no direct access to it, the bank only releases the funds according to the confirmed construction progress.
This means that your capital remains protected throughout the construction phase. Even in the event of delays or in the unlikely event of financial difficulties on the part of the developer, your payments to date are secured in the escrow account. Legal mechanisms ensure that investors can reclaim their money or explore alternative solutions.
Of course, as with any construction project, delays can occur. The key difference in Dubai, however, is that your money remains safe until the next construction phase has been demonstrably completed.
Another major advantage is transparency: you can always see what payments have been made and when funds will be released. This creates trust and control over your investment.
For further information on current projects and individual investment opportunities, please do not hesitate to contact us at any time.