Glossary · United Arab Emirates
Escrow
Quick answer
A regulated account holding a buyer’s off-plan payments, releasing funds to the developer only against verified construction milestones.
Next steps
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Related
Related terms
Property Handover
The stage at which a completed or substantially completed property is formally delivered by the developer to the purchaser, subject to the applicable contractual and regulatory requirements.
Built-Up Area (BUA)
A commonly used UAE property measurement describing the total built-up floor area of a property, generally including the internal built structure and defined areas such as walls, subject to the measurement basis used.
Dubai Service Charge
Charges payable by owners of units in jointly owned property towards the management, operation, maintenance and upkeep of common areas and facilities.
Dubai Title Deed
An official document evidencing registered ownership of a property in Dubai, issued through the Dubai Land Department.
Emsal Satışlar (Comparables)
Benzer özellik, durum ve konuma sahip başka bir mülkün olası piyasa değerini belirlemek için kullanılan, yakın zamanda tamamlanmış gayrimenkul işlemleri.
Energy Performance Certificate (EPC)
A certificate showing the energy efficiency of a property, rated from A to G. An EPC is generally required when a property is marketed for sale or rent in England and Wales.
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