How to Check Reliability of a Dubai Developer
Before you buy a property in Dubai, there is one very important thing you must do. Check the company building it. It is how you make sure your money is safe and your investment is secure.
Skip this, and you could be in for a world of trouble. When you buy off-plan, your cash is paying for the construction. If the developer isn't solid, the project can stall. Your investment gets stuck. Getting your money back becomes a legal fight.
That's just the start. Here’s what else goes wrong:
- Endless Delays. Promises of a 12-month handover turn into years of waiting. You lose rental income and time.
- Shoddy Work. The finished apartment looks nothing like the show unit. Cheap materials, cut corners. You get a luxury price for a basic box.
- Legal Headaches. No proper approvals mean you might never get your title deed. You own nothing but problems.
| What else goes wrong | |
|---|---|
| Endless Delays | Promises of a 12-month handover turn into years of waiting. You lose rental income and time. |
| Shoddy Work | The finished apartment looks nothing like the show unit. Cheap materials, cut corners. You get a luxury price for a basic box. |
| Legal Headaches | No proper approvals mean you might never get your title deed. You own nothing but problems. |
The good news? Dubai has a system to protect you. The Dubai Land Department (DLD) and RERA are the authorities that keep things in check. Your job is to use them.
This guide shows you how. We'll walk you through checking a developer's license, their escrow account, and their track record. Let's make sure your investment is safe.
Official Checks: Licenses and The Law
In Dubai, you don't just trust a developer's word. You check their official papers. It's the only way to know if they're legitimate or just good at selling dreams.
The system here is built on three pillars. Get to know them:
- RERA --the main regulator. They set the rules. If a developer isn't RERA-approved, walk away.
- The Escrow Account -- your money's bodyguard. Your payments are locked here and only released for actual construction. No escrow account, no deal.
- The DLD. This is where all final ownership is registered.
Step-by-Step Check
- Demand the RERA Number. Every real project has a RERA number. Ask for it. Then, verify it on the official Dubai Land Department (DLD) portal. This confirms the project is legally registered to be sold.
- Confirm the Escrow. This is non-negotiable. Your sales contract must show the project's specific, DLD-approved escrow account number. Your payments go ONLY to this account. If they ask for a direct transfer to a "company account," it's a scam. Protect your money.
- Verify the Agent. The person selling to you must also have a RERA license. Check their ID. No license means no accountability.
Red Flags (Walk Away If You See These)
- They hesitate to give you the RERA project number.
- The payment plan doesn't mention an escrow account.
- They say "trust me" instead of showing you the official documents.
A real developer is transparent. They expect you to check. If they make you feel difficult for doing your homework, they are not the partner for your investment.
Emerald
City Properties
Zephyra Residences
The first project of a new developer with European experience
Arsenal East
Link to site
Vibe
By Arsenal East
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