To a point, but nowhere near what it would be like with the fretless section at the nut. With the frets towards the dusty end of the neck, the fretless part would be mostly useless as there would effectively be a large step between where your finger holds the string down and the witness point of the bridge. The closer to the frets you would play, the higher the action would need to be to clear the fret. If you can't visualise it, try put a coin lying on your 12th fret and try hold the string down at the 7th fret and see if the string clears it 😉