Autograph Collection by DAMAC at DAMAC Hills Escrow Account

First Abu Dhabi Bank P.J.S.C. holds the escrow account for Autograph Collection, account number 4031*****5278002 (shown in full in the Escrow Details section above), opened under DLD project number 3035 when the project was registered in June 2024.

DAMAC Crescent Properties is the DLD-registered developer entity for Autograph Collection, carrying developer number 954, while DAMAC Properties is the brand the collection is marketed under. The escrow account, the Oqood registration and the Sales and Purchase Agreement all use the registered entity name, so seeing DAMAC Crescent Properties on a payment instruction is expected rather than a warning sign.

The 60/40 plan sends a 20 percent booking deposit and 32 monthly construction installments into the escrow account first. First Abu Dhabi Bank releases funds to the developer only against construction stages certified by DLD inspections, and the final 40 percent falls due on completion, expected in Q2 2027.

No. The 4 percent Dubai Land Department registration fee is a government charge paid in addition to the initial deposit, and it sits outside the escrow account. Only the purchase price installments flow through the escrow account at First Abu Dhabi Bank.

The DLD inspection dated 6 June 2026 certified 9.41 percent completion, up from 3.77 percent at the previous inspection. Enabling, foundation and substructure works are running at different stages across the plots, superstructure works have started on the earliest villas, and community infrastructure is at an advanced stage. Monthly detail is tracked on the Autograph Collection construction updates page.

Yes, the protection continues. Funds stay in the escrow account and are released only against certified progress, regardless of the calendar. Escrow protects capital while a project completes, though it does not itself compensate for delays; those terms sit in the Sales and Purchase Agreement.

No. Every off-plan payment for Autograph Collection must go into the DLD-registered escrow account 4031*****5278002 at First Abu Dhabi Bank (the full number sits in the Escrow Details section above), exactly as recorded in the Sales and Purchase Agreement. A request to send funds to a personal account, an agent's account or an alternative company account, particularly one paired with a discount for paying directly, follows the standard pattern of payment fraud no matter how official the paperwork looks. Any such request should be checked against the escrow account registered in Dubai REST and the details in the Sales and Purchase Agreement before any funds are sent.

If the Dubai Land Department cancels a registered project, RERA takes control of the escrow account and buyer refunds are processed from the protected funds under DLD supervision. This is precisely why paying only into the registered account matters: money sent anywhere else sits outside that protection. The wider framework is explained in the Dubai Land Department guide.

Yes, Autograph Collection at DAMAC Hills is a freehold project, open to all nationalities.

Autograph Collection villas start from AED 5.054 million (approx USD 1.38 million), which is above the AED 2 million property investment threshold for the 10-year Golden Visa, so every typology in the collection clears it. The full requirements and application timing are covered in the Autograph Collection Golden Visa guide.