Creek Waters 2 at Dubai Creek Harbour Escrow Account

First Abu Dhabi Bank P.J.S.C. holds the escrow account for Creek Waters 2, account number 4031*****2785008 (the full number is in the Escrow Details section above). The account sits under DLD project number 2634, which entered the Dubai Land Department register on 15 May 2023.

Instalments paid under the Creek Waters 2 plan are held in the project escrow account and released to the developer only against construction progress recorded by DLD inspections. The 2023 launch plan is 90/10: 90 percent paid during construction, including instalments linked to 20, 40, 60 and 80 percent construction completion, and 10 percent on construction completion, with handover expected in Q4 2027.

The DLD register reading dated 31 July 2026 is 81.84 percent, up from 73.84 percent at the 20 April 2026 inspection. The inspection report records enabling, foundation and structure works as completed, with MEP, external works, the external envelope and internal finishes progressing. That reading sits above the 80 percent construction stage named in the 2023 launch plan; the timing of each instalment call is set by the Sales and Purchase Agreement and the developer's notices. Every dated reading is tracked on the Creek Waters 2 construction updates page.

Yes. Funds already in the Creek Waters 2 escrow account stay there and are still released only against recorded construction progress, whatever the calendar says. Escrow protects capital while the tower is completed; it does not pay compensation for a delay, and any delay terms sit in the Sales and Purchase Agreement. The registered completion date for project 2634 is 31 December 2027, consistent with the expected Q4 2027 handover.

No. Every off-plan payment for Creek Waters 2 belongs in the DLD-registered escrow account 4031*****2785008 at First Abu Dhabi Bank (the full number is in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. A request to pay a personal account, an agent's account or any other company account, particularly one offering a discount for paying outside escrow, matches the standard pattern of payment fraud regardless of how official it appears. Such a request is resolved by comparing it with the escrow details registered in Dubai REST and the Sales and Purchase Agreement before any money is sent.

If the Dubai Land Department cancels a registered project, RERA takes control of the escrow account and refunds to buyers are handled from the protected funds under DLD supervision. That protection covers money paid into the registered account; payments sent anywhere else fall outside it. With 81.84 percent of the works recorded at the 31 July 2026 reading and structure works completed, Creek Waters 2 is far along its build, though the mechanism applies at every stage. The regulatory framework is covered in the Dubai Land Department guide.

Oqood is the Dubai Land Department's interim register for off-plan sales. A Creek Waters 2 purchase is recorded on Oqood against project 2634 until a title deed is issued after completion, which ties each sale to the registered project and, through it, to the project escrow account.

No. The 4% DLD registration fee is a Dubai Land Department charge for registering the Creek Waters 2 purchase. It is separate from the purchase price and sits outside the 90/10 schedule of instalments that are paid into the project escrow account.

The escrow details for Creek Waters 2 are published in the Dubai REST app under Services, Project Status: a search for project number 2634 opens the project record, whose escrow panel shows the bank name and the full account number. The escrow account is also named in the Sales and Purchase Agreement, so the register, the agreement and the Escrow Details section above can be compared digit by digit.

Yes. Recent Emaar handovers in Dubai include Creek Palace (March 2026), Seagate (September 2025), June (June 2025) and Bliss (November 2024). Creek Palace is a Creek Island phase of Dubai Creek Harbour registered under the same developer entity as Creek Waters 2, DLD developer number 1038. Creek Waters 2 itself has not yet been delivered; its handover is expected in Q4 2027.