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Request Payment Approval from Real Estate Project Escrow Accounts – ADGM
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This course provides a comprehensive overview of the Request Payment Approval from Real Estate Project Escrow Account service within ADGM. It explains how developers can request controlled fund releases from escrow accounts for off-plan real estate projects while ensuring compliance with regulatory requirements.
This onboarding course is designed to guide real estate developers and related professionals through the process of requesting payment approvals from escrow accounts for off-plan projects within ADGM. The course explains the service structure, stakeholders involved, required documentation, and the regulatory framework governing the process.
By the end of this course, participants will be able to:
Understand the purpose of the escrow payment approval service.
Identify eligible users.
Navigate the ADGM platform to submit payment approval requests.
Recognize required documentation.
Understand the roles of developers, engineering auditors, escrow banks, and ADGM authorities.
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This module introduces the escrow payment approval service within ADGM and explains its purpose in regulating financial transactions related to off-plan real estate projects.
This module explains who can use the service and under what conditions. It highlights the eligibility requirements for developers and outlines the scope of the service and the entities involved in the process.
This module provides a practical walkthrough of the service application process on the ADGM platform, including login, initiating the request, submitting information, uploading documents, and following the approval workflow.
This module explains the key business rules and compliance requirements governing the payment approval process, including escrow account linkage, developer licensing, and completion threshold rules.
This module addresses common operational questions related to the service and provides clarifications on coordination between stakeholders involved in the process.
Certificate of completion 
Downloadable resources 
Digital Course
1Hrs 
Market Analysis