Blockchain Escrow

Digital escrow system using blockchain technology. Launched by Dubai Land Department. Currently optional. Reduces transaction time from weeks to minutes. Lower fees than traditional escrow.

Comparison Framework

FactorTraditional EscrowBlockchain Escrow
Processing time2-3 weeks5-10 minutes
Fee structure0.25% of valueFixed AED 3,000
Bank involvementRequiredNot required
TransparencyLimited visibilityReal-time tracking

Blockchain escrow becomes cost-effective for transactions exceeding AED 1.2 million. Adoption growing but not yet industry standard.


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