15/04/2025
Dubai Real Estate Trivia!
Did you know that when you buy a property in Dubai, your payment doesnโt go directly to the developer?
Instead, youโll be required to open an ESCROW ACCOUNT, managed by the Dubai Land Department. The developer only receives the money in stagesโdepending on the progress of the project.
Now, you might be wonderingโฆ
What happens if the project is delayed?
Good news! Delays are rare in Dubai, and developers often complete projects on time or even earlier. But in case of a delay due to the developerโs fault, the government will investigate. If confirmed, you can get a 100% refund of what youโve paid.
Even betterโyour payment is strictly for your specific unit. It cannot be used for any other project, even if itโs by the same developer.
Safe. Secure. Smart. Thatโs why Dubai is one of the best places to invest in real estate!
