EMINAAR
Know Before You Buy

ESCROW AUDIT COMPLIANCE VIOLATION

DLD audit found missing escrow submissions for Q3 2023. Escrow funds were not maintained per Law No. 8/2007 requirements. Under review.

Object 1

Modern Living Solutions

HQ: Dubai
Founded: 2015
32/100
CAUTION
Trust Levelcaution Tier56 verified reviews

Score Breakdown Analysis

On-Time Handover Delivery6/22 (27%)

Record of delivering handovers on or before promised dates.

Escrow Law Compliance4/20 (20%)

Compliance with Law No. 8 of 2007 escrow audit requirements.

RERA/DMT Registration10/18 (56%)

Active developer and project license statuses with RERA or DMT.

Construction Quality (Snags)6/15 (40%)

Averages of third-party snag lists and construction progress records.

Handover NOC & Deed Speed4/13 (31%)

Velocity of issuing handover NOCs and converting registries to title deeds.

Post-Handover Service Fees2/12 (17%)

Clarity, RERA approvals, and fairness of owner service charges.

Eminaar Score History

Audit history tracking developer scores over the past 6+ months based on RERA audits, delay complaints, and approvals.

Projects Track Record

3 Completed • 5 Active
Detailed project registries are still being indexed for this developer.

Verified Reviews

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