What off-plan and escrow mean
Off-plan is buying an under-construction unit from the developer. Under Dubai law, buyer funds go into the project's escrow account under regulator oversight, and the developer draws them in stages as construction progresses rather than upfront. This is the baseline protection for the buyer's money.
Payment plans
Flexible schemes are common: part during construction and part post-handover, sometimes structured as 20/80 or 60/40. The plan is fixed in the sale contract (SPA); an Oqood interim registration records the right before the Title Deed is issued.
Choosing a developer and project
- The project and escrow account must be registered with the DLD/RERA.
- The developer's track record: handover timelines on past projects, quality, reputation.
- A realistic handover date and payment-plan terms.
Risks and how to reduce them
The main risks are handover delays and rare developer issues. They are reduced by choosing DLD-approved projects and reliable developers, reviewing the SPA and timelines, and diversifying. Escrow limits but does not remove market risk — so legal due diligence before reservation matters.