Altan at Dubai Creek Harbour Escrow Account

Emirates NBD Bank (P.J.S.C) holds the escrow account for Altan at Dubai Creek Harbour, account number 0205*****8511 (shown in full in the Escrow Details section above). The account is registered against DLD project number 3608, which the Dubai Land Department recorded on 24 March 2025.

Altan launched on an 80/20 plan: 10% on booking plus the 4% DLD registration fee, 10% each in Jul 2025, Jan 2026 and Jun 2026, 10% each at 20%, 40%, 60% and 80% construction completion (estimated for Feb 2027, Oct 2027, Mar 2028 and Oct 2028), and a final 20% at 100% completion, estimated for Jul 2029. Every payment toward the price goes into the project escrow account first, and the bank releases funds to the developer only against construction progress inspected under DLD supervision.

In the project escrow account. On the launch schedule, the 10% booking payment and the dated instalments of Jul 2025, Jan 2026 and Jun 2026, 40% of the price in total, are not linked to construction milestones, and the DLD register reading for Altan was 11.06% on 2 July 2026. Paying ahead of progress does not pass that money straight to the developer: under the DLD escrow rules, releases from the account follow construction progress, not the buyer's payment calendar.

Altan is at an early construction stage. The RERA inspection dated 2 July 2026 recorded a DLD register reading of 11.06%, up from 9.28% on 17 March 2026, with enabling works completed and piling, foundation and structure works progressing. The first construction-linked instalment on the launch plan is tied to 20% completion, estimated for Feb 2027, and at the July reading the project stood 8.94 points below that milestone. Each dated reading is tracked on the Altan construction updates page.

Oqood is the Dubai Land Department's register for off-plan property. After the Altan Sales and Purchase Agreement is signed and the 10% booking payment is made, the developer records the sale in Oqood under DLD project number 3608, which places the unit in the buyer's name on the government record before completion. The 4% DLD registration fee is paid at this booking stage, on top of the down payment. The broader registration framework is explained in the Dubai Land Department guide.

No. The 4% DLD registration fee is a Dubai Land Department charge for registering the Altan purchase, paid at booking on top of the 10% down payment. It is a government fee rather than part of the purchase price, so it is not one of the instalments the escrow account holds and releases against construction progress.

Yes, the protection is not tied to a calendar date. The DLD register lists 31 July 2029 as the completion date for project 3608, in line with the Q3 2029 handover, and if that timeline moves, funds in escrow continue to be released only against inspected construction progress. The payment plan also links its 4th to 8th instalments to construction milestones, with the printed months given as Emaar's estimates. Escrow protects capital while the project completes but does not itself compensate for delays; delay terms sit in the Sales and Purchase Agreement.

No. Every off-plan payment toward an Altan unit belongs in the DLD-registered escrow account at Emirates NBD, number 0205*****8511 (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 a different company account, particularly one offered with a discount for paying outside escrow, matches the standard pattern of payment fraud however official it appears. Any such request can be checked against the escrow account registered for project 3608 in Dubai REST and against the Sales and Purchase Agreement before money moves.

Under the DLD framework, RERA takes control of the escrow account if a project is cancelled, and refunds to buyers are then paid out of the protected funds under Dubai Land Department supervision. That safety net covers only money paid into the registered account for project 3608; payments sent anywhere else sit outside it. Escrow protects capital rather than compensating for loss, and the termination terms for an individual Altan purchase sit in its Sales and Purchase Agreement. How the cancellation and refund framework operates is explained in the Dubai Land Department guide.

Through the Dubai REST app. Under Services and then Project Status, a search for project number 3608 or the name Altan opens the DLD record for the project, which shows its Active status, 479 units, the latest inspection reading and an escrow panel listing Emirates NBD Bank (P.J.S.C) with the account number. A genuine payment instruction carries the same number as that panel and the Sales and Purchase Agreement, digit for digit.

No Altan phase has been delivered: the project is a single registration, DLD project 3608, with handover scheduled for Q3 2029. Emaar's recent Dubai deliveries include Creek Palace in March 2026, itself a Dubai Creek Harbour project, Seagate in September 2025, June in June 2025 and Bliss in November 2024. The developer's wider history is covered in the Emaar developer profile.