Palace by the Beach at Emaar Beachfront Escrow Account

Abu Dhabi Commercial Bank holds the escrow account for Palace by the Beach at Emaar Beachfront, account number 1065*****30009 (revealed in full by the Show button in the Escrow Details section above). The Dubai Land Department record for project 4329, registered on 26 January 2026, lists Abu Dhabi Commercial Bank as the project's trust account bank.

The Project Status service in the Dubai REST app lists Palace by the Beach under project number 4329, register name "Palace By The Beach", with Active status. The escrow bank and account number in that official record are the reference point: a payment instruction that differs from them, or from the escrow details in the Sales and Purchase Agreement, is not a valid instruction.

Under the expected plan, 10% is paid on booking, 70% across the construction period and 20% on completion. Installments toward the price are paid into the escrow account, and Emaar can draw on that money only as DLD inspections verify construction progress. Emaar has not yet published the schedule for the 70% construction share, and the binding dates are those set out in the Sales and Purchase Agreement.

No. The 4% DLD registration fee is paid to the Dubai Land Department at the booking stage, when the unit is recorded under Oqood, and it is not held in the escrow account. Only payments toward the purchase price, starting with the expected 10% booking share, go into the escrow account for project 4329.

The DLD register put Palace by the Beach at 0% at the RERA inspection of 12 January 2026, a day on which the inspection report noted no construction activity on site. Because escrow money reaches the developer only against progress that inspections verify, that reading is the starting line for every later release. Each new reading is tracked on the Palace by the Beach construction updates page.

Yes. A later handover does not loosen the release rule: money held for project 4329 still moves to the developer only as inspections verify construction progress, however long the build takes relative to the expected November 2031 handover. Escrow protects the capital paid in while the project is built; it does not itself provide compensation for delay, and any delay terms sit in the Sales and Purchase Agreement.

No. Every off-plan payment toward a Palace by the Beach unit belongs in the DLD-registered escrow account 1065*****30009 at Abu Dhabi Commercial Bank (the complete number is available 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 offered with a discount for paying outside escrow, matches the usual pattern of payment fraud. The safeguard is a comparison of any such request with the project's record in Dubai REST and with the agreement before any money moves.

Should a registered project be cancelled by the Dubai Land Department, RERA takes control of the escrow account; refunds owed to buyers then come out of the protected balance under DLD supervision. That protection reaches only money paid into the registered account for project 4329; funds sent anywhere else fall outside it. How that framework operates across Dubai is covered in the Dubai Land Department guide.

The DLD register lists Emaar Development P.J.S.C., developer number 1211, as the registered developer of project 4329, and the project is marketed under the Emaar Properties name. Recent Emaar handovers in Dubai include Creek Palace in March 2026, Seagate in September 2025, June in June 2025 and Bliss in November 2024. These are portfolio projects in other Dubai communities, not earlier Emaar Beachfront phases.

The escrow account protects capital paid into it. It does not guarantee a handover date, compensate for delay, or cover money sent to any other account, and it does not hold the 4% DLD registration fee, which is paid to the Dubai Land Department. Price, delay and completion terms are governed by the Sales and Purchase Agreement, the document that sits alongside the escrow record.