Law No. 8 of 2007 requires developers selling off-plan to deposit buyer payments into a project escrow account.
The rule
Under Law No. (8) of 2007, all developers selling units off the plan in Dubai must place purchaser payments in a dedicated escrow account for that project.
Why it matters
The Dubai Land Department explains that escrow regulates construction funding and safeguards investors' rights. Payments should go to the escrow account named in your contract — never to a personal or broker account.
Check progress
Construction progress for registered projects can be checked with the Dubai Land Department based on the latest approved technical audit.
Official sources
Checked 2026-10-21. General information only, not legal advice — consult a qualified adviser and the current official requirements before making a property decision.