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Trust Account Management

Trust Account is a bank account designated for property development in which all amounts paid by unit buyers & other sources for the construction of the off the plan project are deposited.

As Trustee for RERA, we ensure that all funds are developed for the completion of the project.


Benefits

  • Provide comfort to Investors that their funds are used only to develop the underlying project
  • Security of keeping the funds with a bank duly regulated by RERA & Central Bank of UAE
  • As a Trustee, we verify the progress of the project and control the funds flow as per RERA Guidelines

Top Reasons to Buy

  • First bank to be mandated as Trust Account Manager by Dubai Land Department/RERA.
  • Strong process that corresponds with the Law and Guidelines
  • Dedicated marketing and operations team ensuring seamless process flow for the developer
  • Dedicated Engineering Division to monitor construction progress proactively