Palm Jebel Ali Frond C Villa Collection Escrow Account

Abu Dhabi Islamic Bank holds the escrow account for Palm Jebel Ali Frond C, account number 2940***** (shown in full in the Escrow Details section above), opened under DLD project number 4103 when the project was registered in October 2025.

The project is marketed by Nakheel and registered with the Dubai Land Department under developer number 104 in the name The Palm - Jebel Ali Co. (L.L.C). In Dubai REST the project appears as "Palm Jebel Ali - The Beach and Coral Collection - Frond C", so both names are useful when cross-referencing the record.

Frond C uses an 80/20 construction linked plan: 20 percent on booking, 60 percent across the construction period, and 20 percent at handover, expected in Q4 2028. Those payments are made into the project escrow account, and the bank releases funds to the developer only against construction stages certified by RERA inspections. The 4 percent DLD registration fee due at booking is paid separately to the Dubai Land Department and does not form part of the escrow balance.

The RERA inspection dated 13 July 2026 certified 1.69 percent completion, up from 1.02 percent at the previous inspection, with enabling and infrastructure works recorded as progressing on the frond. Inspection by inspection detail is tracked on the Frond C construction updates page.

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

No. Every off-plan payment for Frond C belongs in 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. 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, is the classic pattern of payment fraud regardless of how official the paperwork appears. 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. That mechanism only reaches money that entered the registered account: funds sent anywhere else sit outside the protection entirely. The wider framework is explained in the Dubai Land Department guide.

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

Villas on Frond C start from AED 26.87 million (approx USD 7.32 million), far above the AED 2 million property investment threshold for the 10-year Golden Visa. The requirements and application timing are covered in the Frond C Golden Visa guide.