Palm Jebel Ali Frond B Villa Collection Escrow Account

Abu Dhabi Islamic Bank holds the escrow account for Palm Jebel Ali Frond B, account number 2940***** (shown in full in the Escrow Details section above), opened under DLD project number 4101 when the project was registered in October 2025.

Frond B sells on a 20 percent booking payment, 60 percent across construction and 20 percent at handover. The booking deposit and construction instalments all land in the escrow account first, and the bank releases funds to the developer only against construction stages certified by DLD inspections. The 4 percent DLD registration fee is separate and is paid to the Dubai Land Department rather than into escrow.

The DLD inspection dated 13 July 2026 certified 1.69 percent completion, up from 1.05 percent at the previous inspection, with the RERA progress status recorded as enabling works in progress. Enabling and infrastructure works are advancing on the frond, which places the project at ground-preparation stage. Milestone detail is tracked on the Frond B construction updates page.

Yes, the protection continues. Funds stay in the escrow account and continue to be released only against certified progress, regardless of the calendar. Escrow protects capital while the 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 Frond B must go into the DLD-registered escrow account 2940***** at Abu Dhabi Islamic Bank (the full number sits in the Escrow Details section above), exactly as recorded in the Sales and Purchase Agreement. Any request to send funds to a personal account, an agent's account, or an alternative company account, especially one paired with a discount for paying directly, is the classic 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 exactly 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.

Project 4101 is registered with the Dubai Land Department as 44 villas, comprising 8 five-bedroom, 30 six-bedroom and 6 seven-bedroom homes across the Beach and Coral Collections. All 44 villas settle through the same escrow account, and the registered completion date recorded against the project is 4 December 2028.

Yes, Palm Jebel Ali Frond B is a freehold project, open to all nationalities.

Frond B villas start from AED 18.27 million (approx USD 4.97 million), which is well above the AED 2 million property investment threshold for the 10-year Golden Visa. The full requirements and application timing are covered in the Frond B Golden Visa guide.

The project is marketed by Nakheel and registered with the Dubai Land Department under developer number 104 as The Palm - Jebel Ali Co. (L.L.C). Both names refer to the same party, and the DLD-registered entity name is what appears alongside project 4101 in Dubai REST.