Wafi Off-Plan Sales Platform

Progress Reports & Escrow Account Release Approval

We produce the certified periodic engineering progress reports that set the actual completion percentage — the reference for every release from the escrow account.

  • Professional Engineering Team
  • Fast Service
  • High Quality
  • Trusted Engineering Solutions
Progress Reports & Escrow Account Release Approval
Overview

What is this service?

The core of the engineering office's role on the Wafi off-plan sales platform: producing the documented periodic engineering progress reports that establish the project's actual completion percentage, based on a rigorous site inspection carried out by ABAK. These reports are the approved reference for authorising the release of buyers' payments from the escrow account — nothing is released beyond what has genuinely been built, protecting buyers' money and guaranteeing transparency.

Why do you need this service?

The approved reference for releasing buyers' payments from escrow.

Protects buyers' money — releases are capped at actual progress.

Full transparency, documenting project progress for the authorities.

A core regulatory requirement on every off-plan project.

How It Works

Service Preparation Steps

01

Site inspection

A rigorous site inspection of the works is carried out.

02

Progress measurement

The actual completion percentage is calculated line by line.

03

Report preparation

The certified engineering progress report is produced.

04

Linking

The report is tied to the escrow account release instalments.

05

Certification

The report is certified and filed with the relevant parties.

06

Delivery

The report is delivered as the reference for authorising release.

What does the service include?

Rigorous site inspection to measure progress.
Calculation of progress percentages for every project line item.
The certified engineering progress report for Wafi.
Linking the report to escrow account release instalments.
Photographic documentation of each construction stage.
Quality & Compliance

Approved Standards & Codes

Real Estate General Authority (REGA) regulations
Escrow account regulations
Off-plan sales law (Wafi)
Wafi platform

Frequently Asked Questions About This Service

What are progress reports and why are they mandatory?

They are periodic engineering reports documenting the project's actual completion percentage on the basis of a rigorous site inspection. The regulation makes them mandatory because they are the safeguard that stops buyers' money being spent on a project that has not actually advanced.

How are funds released from the escrow account?

Buyers' payments are deposited into the escrow account, and nothing is released to the project beyond what the certified progress report evidences and what the payment schedule in the sales contract allows — never as open-ended transfers.

Who certifies the completion percentage?

The project's accredited engineering office prepares and certifies it after inspecting and measuring each line item, and the report is filed with the relevant parties as the reference for authorising escrow releases.

How often are the reports issued?

They are issued periodically in line with the project's stages and the agreed payment schedule, so that every instalment is tied to a stage of progress documented with photographs and measurements rather than a general estimate.

Why Choose abak?

We combine deep engineering expertise with high quality standards to deliver solutions you can trust.

Experienced Engineers

A team of certified consultants and engineers with long experience in the Saudi market.

High Quality Standards

Strict adherence to the Saudi Building Code and international engineering best practices.

Modern Engineering Solutions

We use the latest tools and technologies to deliver precise, efficient designs.

Professional Consultation

We listen to your needs and design the right solution for your project and budget.

Fast, Reliable Delivery

We commit to timelines and deliver our projects on schedule.

How It Works

How We Work With You

Clear steps from first contact to final delivery.

  1. 1

    Contact Us

    Reach us on WhatsApp or by phone and share your project details.

  2. 2

    Requirement Analysis

    We study your needs and set a clear, suitable engineering plan.

  3. 3

    Engineering Execution

    Our team executes the work precisely to the highest standards.

  4. 4

    Final Delivery

    We hand over complete deliverables with post-delivery support.

Ready to Start Your Project?

Reach our team now on WhatsApp and get a consultation tailored to your service.