Creek Waters at Dubai Creek Harbour Escrow Account

First Abu Dhabi Bank P.J.S.C. holds the escrow account for Creek Waters, account number 4031*****2785005 (the complete number is in the Escrow Details section above). The account belongs to DLD project 2614, which entered the Dubai Land Department register on 31 March 2023, and the same bank is named as the trust account bank on the RERA inspection report of 3 August 2026.

Funds paid toward Creek Waters are released to the developer against construction progress recorded through RERA inspections and the Dubai Land Department project register, not on a calendar and not on sales volume. Money that has not yet been matched by recorded work stays in the escrow account. Emaar's published 10/80/10 plan lists no construction milestones or instalment dates, so the payment calls for each unit are the ones set out in the buyer's Sales and Purchase Agreement.

On 3 August 2026 the register kept by the Dubai Land Department showed Creek Waters at 81.08 percent construction progress. That reading falls toward the end of the build window in which the plan's 80 percent share comes due; the exact call schedule for each unit is set in the Sales and Purchase Agreement, not in the published plan. The final 10 percent is due upon handover, expected in Q3 2027, and every payment before then belongs in the escrow account. The inspection history is recorded on the Creek Waters construction updates page.

No. Each off-plan payment toward Creek Waters belongs in the DLD-registered escrow account 4031*****2785005 at First Abu Dhabi Bank (the full number appears in the Escrow Details section above), the account recorded for DLD project 2614 and in the buyer's Sales and Purchase Agreement. A request to route money to a personal account, a broker's account or a different company account, particularly one offering a discount for paying outside escrow, matches the usual pattern of payment-diversion fraud, however authentic the documents appear. Money sent anywhere other than the registered account falls outside the protection the escrow framework provides.

No. The 4% DLD registration fee is paid to the Dubai Land Department to register the purchase, and it is not deposited into the Creek Waters escrow account. It is a cost on top of the purchase price, settled at the booking stage alongside the 10 percent first payment, and it counts toward neither the escrow balance nor any construction instalment.

The Project Status service in the Dubai REST app returns the record for project number 2614, registered under the name Creek Waters. The project's escrow record shows the bank, First Abu Dhabi Bank P.J.S.C., and the escrow account number. The same record carries the project status, Active, the registration date of 31 March 2023, the construction start date of 15 August 2023 and the latest inspection reading, so a payment request can be compared with the register at no cost.

Oqood is the Dubai Land Department's interim register for off-plan sales: once a Creek Waters purchase is registered there, the buyer's interest in the unit is recorded against DLD project 2614 while the tower is under construction. The title deed follows completion and handover, after the final payment, and takes the place of the Oqood record. The two work side by side: escrow protects the money paid, and Oqood records whose unit it is. The precise steps and fees at title transfer are governed by DLD procedure and the Sales and Purchase Agreement.

Yes. Money in the Creek Waters escrow account stays there and moves only against recorded construction progress, so a later handover does not release funds early. Escrow protects capital; it does not pay compensation for delay, and any delay terms sit in the Sales and Purchase Agreement. Handover is expected in Q3 2027, the registered completion date is 30 September 2027, and part of the account is held back after completion against defects, which is why the pre-handover inspection is covered in the Creek Waters snagging inspection guide.

Under the Dubai framework, RERA takes control of the escrow account if a project is cancelled, and refunds owed to buyers are then handled from the protected funds under DLD supervision. That protection covers money paid into the registered account for project 2614; funds sent anywhere else fall outside it. With 81.08 percent recorded on the register on 3 August 2026, Creek Waters is far beyond the launch stage at which this concern weighs most, yet the safety net applies at every stage. How that framework operates across Dubai is covered in the Dubai Land Department guide.

THE LAGOONS PHASE ONE L.L.C, developer number 1038, is the developer entity registered for DLD project 2614 on the Dubai Land Department register and on the RERA inspection report, while Creek Waters is marketed and sold under the Emaar brand. The escrow account is opened for the registered project, so the registered developer is the name that appears in the escrow record and the register, alongside First Abu Dhabi Bank as the trust account bank.

Yes. Recent Emaar deliveries under the same Dubai escrow framework include Creek Palace in March 2026, Seagate in September 2025, June in June 2025 and Bliss in November 2024. A delivery record shows how a developer completes projects under escrow supervision; it does not fix the Creek Waters handover date, which is expected in Q3 2027 and governed by the Sales and Purchase Agreement.