Description
Regulator. The DLD oversees real estate in Dubai. RERA, its regulatory arm, licenses developers and supervises projects.
Escrow. Buyer funds are held in an escrow account safeguarded by the DLD under Law No. 8 of 2007.
Capacity. No payment is released to a developer until they secure 100 percent of the construction cost.
Verification. The DLD inspects each project on a quarterly basis. Only physical site progress determines what funds are released.
Documents. Internal developer reports and consultant evaluations are not valid. Only documents that move through DLD and RERA channels count.
Cross check. Compare every developer communication against the DLD website.