Palm Jebel Ali Frond E Villa Collection Escrow Account

Mashreq Bank (P.S.C.) holds the escrow account for Palm Jebel Ali Frond E, account number 0190*****484 (shown in full in the Escrow Details section above), opened under DLD project number 4113 when the project was registered on 3 October 2025.

The project is marketed as a Nakheel development, but the entity registered with the Dubai Land Department is The Palm - Jebel Ali Co. (L.L.C), developer number 104. Both refer to the same developer, and the registered entity name is the one that appears on official escrow and payment records for project 4113.

Frond E sells on a 20/60/20 structure. The 20 percent booking payment and the 60 percent of construction instalments are paid into the escrow account, and the bank releases funds to the developer only against construction stages certified by DLD inspection. The closing 20 percent is due at handover, expected in Q4 2028.

No. The 4 percent registration fee is a government charge payable to the Dubai Land Department and sits outside the escrow account. Only the purchase price instalments under the 20/60/20 plan flow through escrow.

The RERA inspection dated 13 July 2026 certified 1.38 percent completion, up from 0.87 percent at the previous inspection, with enabling and infrastructure works recorded as progressing. Inspection-by-inspection detail is tracked on the Frond E construction updates page.

No. Every off-plan payment for Frond E must go into the DLD-registered escrow account 0190*****484 at Mashreq (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.

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

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.

Forty villas are registered under DLD project number 4113, comprising 6 five-bedroom, 24 six-bedroom and 10 seven-bedroom homes across the Beach and Coral Collections. All forty sit on plot 7592 and are covered by the same project escrow account.

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

Frond E villas start from AED 30.54 million (approx USD 8.31 million), far 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 E Golden Visa guide.