Creek Bay at Dubai Creek Harbour Escrow Account

Emirates NBD Bank (P.J.S.C) holds the escrow account for Creek Bay, account number 0205*****8513 (shown in full in the Escrow Details section above). The account sits under DLD project number 4198, registered with the Dubai Land Department on 13 November 2025, with Dubai Creek Harbour L.L.C recorded as developer number 1224.

Every Creek Bay payment, from the 10% booking amount to the final 20% on completion, is made into the escrow account first. On the launch schedule, the down payment and four 10% instalments dated Apr 2026, Sep 2026, Mar 2027 and Sep 2027 fall due on fixed dates, so 50% of the price is payable by Sep 2027, before the first construction-linked instalment at 40% completion, estimated for Feb 2028. The bank releases funds to the developer only against construction progress certified by DLD inspections, not according to the payment calendar.

The RERA inspection dated 16 June 2026 certified 0.62% construction progress at Creek Bay, up from a previous inspection of 0% that the DLD record shows without a date. The independent progress monitoring report records enabling works as progressing. Each later reading is tracked on the Creek Bay construction updates page.

Yes. Money already paid stays in the escrow account and continues to be released only against certified construction progress, whatever the calendar says. Handover is scheduled for Q2 2030, and the DLD register lists completion on 30 April 2030. Escrow protects capital while the project is completed; it does not compensate for delays, and any delay terms sit in the Sales and Purchase Agreement.

No. Every off-plan payment for Creek Bay must go into the DLD-registered escrow account 0205*****8513 at Emirates NBD (the full number sits in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. A request to pay into a personal account, an agent's account or a different company account, particularly one offered with a discount for paying directly, matches the standard pattern of payment fraud regardless of how official the documents appear. Such requests are checked against the escrow account shown for project 4198 in Dubai REST and against the Sales and Purchase Agreement before any money moves.

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 protection covers money paid into the registered account; funds sent anywhere else sit outside it. The wider off-plan framework is explained in the Dubai Land Department guide.

No. The 4% DLD registration fee is paid to the Dubai Land Department at the booking stage, alongside the 10% booking payment, and does not go into the Creek Bay escrow account. The escrow account holds the purchase price instalments, which are released to the developer against certified construction progress.

Oqood is the Dubai Land Department's interim register for off-plan units. Once a Creek Bay booking is processed, the apartment is recorded in the buyer's name under project 4198, and the booking payment is held in the project escrow account. The Oqood entry carries the same unit, price and project number as the Sales and Purchase Agreement.

In the Dubai REST app, the Project Status service under Services lists Creek Bay as project number 4198. Its Escrow Account panel shows the trust bank, Emirates NBD Bank (P.J.S.C), and the escrow account number, which correspond to the Escrow Details section of this page and to the buyer's Sales and Purchase Agreement. The same record shows the latest RERA inspection, 0.62% on 16 June 2026.

Emaar's recent Dubai handovers include Creek Palace (March 2026), Seagate (September 2025), June (June 2025) and Bliss (November 2024), each delivered under the DLD escrow and inspection framework that now governs Creek Bay. As of FY 2024, Emaar reports 118,400+ residential units delivered globally and 50,500 under development. Creek Bay is registered with the DLD under Dubai Creek Harbour L.L.C, developer number 1224.