Frequently asked questions

Last updated 1 October 2026

What is a real estate development consultancy in Dubai?

A firm that handles the regulatory, administrative and advisory work behind a property development, such as developer and project registration with DLD/RERA, escrow, Oqood, contracts, collections and handover, so the developer can focus on building and selling.

What does Fifth Consultancy do?

Fifth Consultancy helps Dubai developers register off-plan projects and manages Oqood, escrow (TAS) payments, SPA contracts, buyers, receivables, unit terminations and handover. We also prepare feasibility studies and provide real estate advisory and automation.

Where is Fifth Consultancy located?

Prime Tower, Business Bay, Dubai, United Arab Emirates.

How do I register an off-plan project in Dubai?

Register as a developer with DLD/RERA, secure land and building approvals, open an escrow account with an approved trustee bank, register the project with DLD to obtain a project number and activate Oqood. Our full guide explains each step.

What is Oqood?

Oqood is the Dubai Land Department's interim register for off-plan property sales. It records each buyer's purchase before completion and is converted into a title deed at handover.

Why do off-plan projects need an escrow account?

Dubai Law No. 8 of 2007 requires buyer payments for off-plan units to be held in a dedicated project escrow account, released only for that project's construction and related costs.

Can a developer terminate a contract when a buyer stops paying?

Yes, but only by following Article 11 of Law No. 13 of 2008 as amended, which requires DLD notification, a notice period and deductions based on project completion.

Do you work with first-time developers?

Yes. Many clients are landowners, family offices or investors developing for the first time.

Which authorities does Fifth Consultancy deal with?

DLD, RERA, Trakhees, Nakheel, Dubai Municipality, approved trustee banks and other Dubai authorities and master developers.

How do I contact Fifth Consultancy?

Email projects@fifthconsultancy.com, call or WhatsApp +971 55 185 4255, or send the inquiry form on our contact page.

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