Amazonia at Al Jaddaf Waterfront Escrow Account

Abu Dhabi Islamic Bank holds the escrow account for Amazonia, account number 1951***** (available in full under Escrow Details above). The account is recorded against DLD project number 3595, which entered the Dubai Land Department register on 20 October 2025.

Amazonia follows a 60/40 time-linked plan: 10% on booking, 10% one month after booking, 10% after two months, then 5% every two months up to a 60% total, and the final 40% on handover, expected in Q3 2027. Each instalment is paid into the project escrow account on the buyer's own calendar, regardless of site progress. Under the DLD escrow framework, releases from the account to the developer follow construction progress recorded through DLD inspections rather than the payment dates.

No. The 4% DLD registration fee is paid at the booking step alongside the 10% booking payment, but it goes to the Dubai Land Department, not into the Amazonia escrow account. It is a government registration charge rather than one of the purchase price instalments, so it is not part of the balance held in escrow.

The latest dated entry in the DLD register is the inspection of 29 June 2026, with a DLD register reading of 0.02%, up from 0% at the previous inspection, which the register view shows without a date. The independent progress report from that inspection recorded the Progress Status as Pre-Construction - Progressing and noted that mobilization was progressing on site. The inspection-by-inspection record is tracked on the Amazonia construction updates page.

Escrow protection continues if the timeline moves. Payments made into the registered account stay under DLD supervision and are released only against recorded construction progress, whatever the calendar says. Escrow protects capital while the tower is completed; it does not compensate buyers for a delay, and any delay terms sit in the Sales and Purchase Agreement.

No. Every off-plan payment for Amazonia belongs in the DLD-registered escrow account 1951***** at Abu Dhabi Islamic Bank (the full number is revealed in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. A request to pay a personal account, an agent's account or a different company account, particularly one offering a discount for paying outside escrow, fits the standard pattern of payment-diversion fraud however official the paperwork appears. The safe reference point for any such request is the escrow record for project 3595 in Dubai REST, read together with the Sales and Purchase Agreement.

Where a registered project is cancelled, RERA takes control of the escrow account; buyer refunds are then handled from the funds held in it under Dubai Land Department supervision. That safeguard reaches only money paid into the registered account, and funds sent anywhere else fall outside it. The wider regulatory framework is covered in the Dubai Land Department guide.

PALLADIUM PRIME REAL ESTATE DEVELOPMENT L.L.C, DLD developer number 1504, is the registered developer entity for the project on the DLD register, under project number 3595. The project is marketed as Amazonia at Al Jaddaf Waterfront by Palladium Developments.

In the Dubai REST app, the Project Status service under Services lists Amazonia as project number 3595. The project record shows the escrow bank and account number, which for Amazonia are Abu Dhabi Islamic Bank and the account in the Escrow Details section above. A payment instruction that differs from that record, or from the Sales and Purchase Agreement, does not match the registered account.

The escrow account keeps money paid into the registered Amazonia account apart from the developer's general funds and, under DLD supervision, ties its release to construction progress. It does not compensate for a delay (those terms sit in the Sales and Purchase Agreement), it does not hold the 4% DLD registration fee, it does not guarantee resale prices or rental returns, and it gives no protection to money sent to any other account.

The dated record for Amazonia consists of the project's own DLD register entries: DLD registration on 20 October 2025 under project number 3595, a registered construction start on the same date, and the 29 June 2026 inspection with a DLD register reading of 0.02% and a Progress Status of Pre-Construction - Progressing. No dated handover from another Palladium project forms part of this record.