Dubai's Escrow Law (Law 8 of 2007) is the cornerstone of off-plan buyer protection. It requires every developer to open a project-specific escrow account with a Dubai Land Department-approved bank, into which all buyer payments are deposited.
Funds are released to the developer only against verified construction milestones — typically inspected by RERA-appointed engineers. This means developers cannot divert buyer funds to other projects, and a stalled project preserves buyer capital in the escrow account.
RERA additionally requires project registration, Trakheesi permit numbers, and developer pre-qualification (financial capacity and track record). Buyers can verify any project on the Dubai REST app or DLD website before reserving.
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