Creek Crescent at Dubai Creek Harbour Escrow Account

Abu Dhabi Commercial Bank holds the escrow account for Creek Crescent, account number 1066*****20008 (revealed in full in the Escrow Details section above). The account belongs to DLD project 2188, which entered the register on 1 February 2020, and the RERA inspection report of 6 January 2025 names the same bank as the project's trust account bank.

Buyer instalments under the original launch plan were paid into the escrow account, and funds were released to the developer against construction progress under Dubai Land Department supervision. The DLD register recorded 83.58 percent on 16 August 2024 and 100 percent on 6 January 2025, and the project now carries the status Finished, so that release cycle is complete. The inspection record is tracked on the Creek Crescent construction updates page.

On a resale, the price passes from buyer to seller through the Dubai Land Department transfer process, usually completed at a DLD trustee office, and it does not enter the project escrow account. A unit bought from Emaar's remaining stock is paid into the project escrow account at Abu Dhabi Commercial Bank, with the account confirmed with Emaar before any transfer. The exact settlement steps depend on the sale agreement and on whether a mortgage is involved.

Not for a unit bought from Emaar. Those payments go to the DLD-registered escrow account 1066*****20008 at Abu Dhabi Commercial Bank (full number in the Escrow Details section above), as set out in the sale documents. A request to pay a personal account, an agent's own account or a different company account, often paired with a discount for paying quickly, follows the familiar pattern of payment fraud however official it looks. On a resale the money moves between buyer and seller through the DLD transfer process and never through an agent's personal account. Any unexpected payment instruction should be checked against the escrow record in Dubai REST and the sale documents before funds are sent.

No. The 4% DLD registration fee is paid to the Dubai Land Department, not into the Creek Crescent escrow account, and it sits on top of the purchase price. Under the original launch plan it was paid alongside the 10% booking deposit; on a purchase today it is payable when the transfer is registered, with the sale agreement setting out which party pays it. The Dubai Land Department's role in registration and transfers is covered in the Dubai Land Department guide.

In the Dubai REST app, the Project Status service finds the project by number 2188 or by the name Creek Crescent. Its escrow details list the bank name, Abu Dhabi Commercial Bank, together with the escrow account number, and the same entry shows the status Finished and 230 units. A payment instruction that differs from that record by even one digit does not match the registered account.

Oqood is the Dubai Land Department's interim register for off-plan sales, and original Creek Crescent buyers were recorded on it from booking. With the building complete, ownership is evidenced by a title deed: an original buyer generally receives one once the unit is fully paid and handed over, and a resale buyer receives a new title deed when the transfer is registered with the DLD. Timing for a specific unit depends on its payment status and on any mortgage registered against it.

The escrow account protected buyer payments toward construction. It does not compensate for delays, guarantee resale values or rental income, or pay service charges, mortgage costs or agency fees. Money paid outside the registered account sits outside its protection, and on a resale the price paid to a seller never enters escrow at all. Delay and defect terms for original buyers sit in the Sales and Purchase Agreement.

The most direct record is the building's own. Creek Crescent entered the Dubai Land Department register on 1 February 2020, construction began that day, and the register recorded 100 percent on 6 January 2025 with the status Finished; 31 March 2023 is listed on the same register as the registered completion date. Four more recent Emaar handovers between November 2024 and March 2026, including Bliss, June and Seagate, are listed in the Track Record section above as developer context.

Not directly. Under the escrow framework a retention portion is typically held back after completion as security for defect repairs, but it is not paid out to individual owners, and whether any of it remains for Creek Crescent is a matter for the developer. Defect obligations sit in the Sales and Purchase Agreement and generally run from completion; for a buyer purchasing now, an independent inspection before acceptance is the practical safeguard. What such an inspection checks in this building is covered in the Creek Crescent snagging inspection guide.