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Preparation and support for opening escrow accounts for Real Estate Purchase

Preparation and support for opening escrow accounts for Real Estate Purchase

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Publication date: 25.09.2025

Reading time: 5 minutes

Number of views: 58

№ Stage Term (days) Cost

1
Initial consultation and strategic planning
1 AED 808.50
Actions of the consultant:
Conducts a detailed consultation to define the goals and structure of the transaction (private investor, fund, consortium).
Assesses the specifics of the investment process in line with UAE market requirements.
Selects a UAE bank that matches the volume, type, and objectives of your real estate transaction.
Provides recommendations on the optimal type of escrow account in accordance with the Dubai Land Department requirements and banking regulations.
2
Documentation preparation and regulatory compliance
5 AED 2,310.00
Actions of the consultant:
Prepares a personalized list of required documents — charters, powers of attorney, financial records, and title documents.
Assists with the collection, certification, and translation of documents for KYC and AML procedures.
Reviews the completeness of the package for submission to the bank, ensuring compliance with UAE banking standards.
Supports the client during compliance checks and provides clarifications in response to regulators’ requests.
3
Opening an escrow account in a UAE bank
7 AED 3,465.00
Actions of the consultant:
Coordinates with the selected bank — submits the document package for opening a dedicated account for real estate purchase.
Responds promptly to bank requests and resolves identified deficiencies.
Monitors the status of the application and addresses any possible delays.
Obtains official confirmations of the account opening and its specifications for further transactions.
4
Transaction support and escrow management
7 AED 4,042.50
Actions of the consultant:
Organizes the transfer of investments and initial payments to the dedicated account, monitoring the proper use of funds.
Provides guidance on transferring funds to the developer/seller into the official escrow account of the Dubai Land Department.
Tracks all transactions and supplies the client with timely reports and supporting documents.
Resolves disputes with sellers/financial authorities until the full completion of the transaction.

In general

20 AED 10,626.00

Your feedback is very important to us

Real estate transactions in the UAE require accuracy, security, and specialized knowledge. For private investors and institutional players, creating a dedicated escrow account is essential for the successful acquisition of property.

Consultant Legal Marketplace specializes in supporting clients at this crucial stage, connecting you with experts who understand the unique requirements of this market.

Our Service: Your Path to Secure Real Estate Investments

This service is designed to address the complex needs of seasoned investors and real estate funds seeking to benefit from Dubai’s dynamic real estate market. Proper opening of an escrow account is a mandatory step that protects all parties and ensures compliance with strict local regulations.

The Process: A Strategic Step-by-Step Approach

Initial Consultation and Strategy: The first step is a detailed consultation with a financial expert. They will review your investment structure, whether you represent a real estate investment fund or a consortium of investors. We will assess your specific needs to determine the most suitable banking partner and account type for your transaction.
Documentation and Regulatory Compliance: A specialized accountant will help you gather and verify all necessary documentation. This includes thorough Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, which are crucial for the integrity of all transactions involving major real estate funds in Dubai.
Account Opening: We manage the entire process of liaising with reputable UAE banks to open a secure and compliant escrow account. This account will be specifically designated for the property purchase, ensuring that all funds are segregated and tracked, which is a key requirement for institutional investments.
Transaction Support and Escrow Management: Once the account is activated, we provide support in managing incoming deposits and coordinating payments to the developer or seller. This includes working with official escrow accounts required by the Dubai Land Department, ensuring the security of your capital throughout the entire transaction.

Our Advantage

For investors and fund managers, time is a valuable asset, and compliance is a must. Our service is particularly beneficial for those managing real estate funds in Dubai, as we significantly reduce the administrative burden and the risk of delays. We aim to make your path to property acquisition as seamless and efficient as possible.

Conclusion

Opening an escrow account for real estate purchase is far more than a simple banking procedure; it is a critically important strategic and financial maneuver. With our specialized service, you can go through this process flawlessly and secure the success of your investment. Consultant Legal Marketplace will help you overcome this first decisive step so you can focus on building your portfolio.

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Secure Transaction

As a Client, you are freed from all financial risks when collaborating with Contractors, as the payment amount is reserved by our service and is paid to the Contractor only after receiving confirmation from you about the completion of the stage.

If the service is not provided, the funds are returned to you. The service takes on all financial risks and acts as a guarantor and custodian of funds, and in case of disputes between the parties, acts as an independent Arbitrator.

Your money is in safe hands!

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