Emaar · Dubai Creek Harbour · Escrow Account
Creekside 18 at Dubai Creek Harbour Escrow Account
The Account That Held Every Payment Until Emaar Delivered
The DLD-registered escrow account behind Emaar's twin towers on Creek Island, recorded in Dubai Land Department files under project number 1663 and still the only account any Creekside 18 payment owed to the developer may legally reach.
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Official Account Details
Creekside 18 Escrow Account at a Glance
Creekside 18 was built on money that never belonged to Emaar until the Dubai Land Department said it did. Every off-plan installment ran through one supervised escrow account at Commercial Bank of Dubai, and the DLD file for project 1663 still carries those registered details today. My read on why this page matters years after handover is blunt: a completed tower is exactly where payment fraud gets lucrative, because the buyer relaxes, the sums are large, and nobody expects the account line in an email to be wrong.
Masked for security. Tap Show to reveal the full number, or Copy to copy it directly. Checked against the Dubai REST record for project 1663, certified 100 percent complete on 31 May 2020.
Commercial Bank of Dubai (P.S.C.)
1663
Finished
Emaar Properties
10 June 2015
5 March 2016
31 May 2020
500
58,262.65 sq. m.
Freehold, all nationalities
Two very different transactions get confused on a completed project. Money still owed to Emaar under an original Sales and Purchase Agreement belongs in the escrow account below, and nowhere else. A resale purchase from a private owner is a different transaction entirely, settled through the Dubai Land Department transfer process rather than into this account, which is precisely why a forged instruction pointing a resale buyer at a lookalike escrow number is such an effective trap.
Rule one: any payment owed to Emaar on a Creekside 18 unit goes to account 1001*****0 (tap Show above for the full number) and to no other account, regardless of who asks or how official the request looks.
Where the Project Stands
Registration and Escrow Status
The Dubai Land Department registered Creekside 18 on 10 June 2015 as project number 1663, and the escrow account at Commercial Bank of Dubai was opened as a condition of that registration, ahead of the first buyer payment. Construction began on 5 March 2016. The DLD file now records the project as Finished, with certified progress at 100 percent and completion dated 31 May 2020.
That closes the release cycle rather than the file. For an owner still paying a balance under an original Sales and Purchase Agreement, the registered account remains the only lawful destination for those funds. For a resale buyer, the value of this record is different but not smaller: a project that reached 100 percent certification and handed over on a DLD-supervised escrow account is one whose delivery history can be checked rather than assumed, and that is a rare thing to be able to say about a Dubai apartment before you commit to buying it.
Where I see the real exposure on a five-year-old tower is not construction risk at all. It is the payment instruction, the plausible email, the account number that differs by one digit from the one below. That risk did not retire when the towers topped out.
The build history behind that certification, from structure through fit-out to the final inspection, is documented on the Creekside 18 construction updates page.
Do It Yourself in 2 Minutes
Verify the Creekside 18 Escrow Account Independently
Do not take this page's word for it, and do not take an email's word for it either. The escrow system was designed so that you can check it yourself, in public records, in about the time it takes to read a payment instruction:
Open Dubai REST
In the Dubai REST app, go to Services, then Project Status.
Find the Project
Search project number 1663 or "Creekside 18".
Match the Details
Open the Escrow Account panel and match the bank and account number against this page and your Sales and Purchase Agreement before any transfer.
I verify these details against Dubai REST before publishing and whenever the DLD record changes. If anything on this page ever differs from what you see in the app, trust the app and tell me.
Before You Transfer
- Match the account number on your payment instruction to the Escrow Account panel in Dubai REST.
- Match the same number to the escrow details in your Sales and Purchase Agreement.
- Confirm what the amount is for, and who is legally owed it.
- If a resale is being settled, confirm the route through the Dubai Land Department transfer process rather than a private account.
- If anything differs, even by one digit, stop and message me before sending.
Your Money, Step by Step
How the Creekside 18 Payment Plan Met the Escrow Account
Creekside 18 launched on a 10/70/20 plan: 10 percent on booking alongside the 4 percent DLD registration fee, 70 percent in construction-linked installments, and 20 percent on completion. What the schedule alone never showed buyers is the constraint behind it. Emaar could not draw those funds at will. The bank released them only against construction stages certified by DLD inspection, which is why the money moved at the pace of the concrete rather than the pace of the invoice.
Booking and SPA: 10%
Deposits entered account 1001*****0 as units were registered under Oqood, with the 4 percent DLD fee paid separately to the department.
Construction Installments: 70%
Funds accumulated in escrow and reached Emaar only as the DLD certified each stage of works, right through to 100 percent certification.
Completion: 20%
The closing installment fell due at handover, completed on 31 May 2020, with a retention portion held back in escrow afterwards to cover defect repairs.
That post-completion retention is the layer buyers hear least about, and it is the reason a defect list carries weight rather than just sympathy. On a ready unit the same logic applies to a resale: an independent handover snagging inspection tells you what you are buying before the keys change hands, not after.
The plan above is now history, and that matters for anyone shopping Creekside 18 today. Available apartments trade on the resale market, where funds are settled through the Dubai Land Department transfer process rather than paid into project escrow. The registered account keeps its authority only over amounts still owed to Emaar under an original Sales and Purchase Agreement. Knowing which of those two transactions you are actually in is the single best defense against a fraudulent payment request, and the wider regulatory picture behind both is set out in the Dubai Land Department guide.
Insights
Project Insights for Creekside 18 Buyers
Escrow is one instrument in a well-run Creekside 18 purchase, and on a completed tower it works best read against the rest of the file: what the inspections certified on the way to handover, whether your budget clears the Golden Visa threshold, and how you will judge the condition of a five-year-old apartment before you accept it. These guides carry those threads.
Creekside 18 Construction Updates
The inspection record behind every escrow release, through to 100 percent certification and completion on 31 May 2020.
Creekside 18 at Dubai Creek Harbour Construction Updates
Creekside 18 Golden Visa Guide
Entry one-bedroom apartments sit below the AED 2 million threshold, while larger layouts clear it: the guide sets out which purchases qualify.
Creekside 18 at Dubai Creek Harbour Golden Visa GuideCreekside 18 Escrow Account
This page: the Commercial Bank of Dubai escrow details, the verification steps, and which Creekside 18 payments belong in that account.
Creekside 18 Snagging Inspection
An independent defect report is what turns a viewing into a decision, on a new handover or on a five-year-old resale.
Creekside 18 at Dubai Creek Harbour Snagging InspectionThe Project
Explore the Creekside 18 Project
An escrow account protects payments toward a specific asset, and the asset decides whether the payment was worth protecting. The full Creekside 18 guide covers what those installments built: the layouts, the current resale pricing, the amenities, and the Creek Island setting the towers were placed in.
Creekside 18 Project Guide
Resale prices from AED 1.59M (approx USD 432,000), one to four bedroom waterfront apartments, podium amenities, and the full picture of the 500-home twin-tower community on Creek Island.
View the Creekside 18 Project GuideStructure
Explore the Dubai Creek Harbour Structure
Creekside 18 sits inside a masterplan that is still being built around it, which is unusual for a completed tower and consequential for value. Reading the district, the pipeline of newer phases, and the developer behind all of them is how you judge what your money is buying into.
Dubai Creek Harbour Properties for Sale
Weigh a ready Creekside 18 apartment against the off-plan launches around it: prices, payment plans, and delivery timelines side by side.
Dubai Creek Harbour Properties for Sale
Dubai Creek Harbour Community
Creek Island, Creek Marina, Central Park, and the masterplan that gives a completed tower its long-term context.
Dubai Creek Harbour Community Guide
Emaar Properties Developer Profile
The master communities, landmark projects, and delivery record of the developer that took Creekside 18 through escrow to handover.
Emaar Properties Developer ProfileCommon Questions
Creekside 18 Escrow Account FAQ
Commercial Bank of Dubai (P.S.C.) holds the escrow account for Creekside 18, account number 1001*****0, shown in full in the Escrow Details section above. The account was opened under DLD project number 1663 when the project was registered in June 2015.
Creekside 18 launched on a 10/70/20 plan, with 10 percent on booking plus the 4 percent DLD registration fee, 70 percent in construction-linked installments, and 20 percent on completion. Booking and construction payments were made into the escrow account, and the bank released funds to Emaar only against construction stages certified by DLD inspection.
Yes. The Dubai Land Department records Creekside 18 as Finished, with certified construction progress at 100 percent and completion dated 31 May 2020. The inspection history behind that certification is documented on the Creekside 18 construction updates page.
It applies to any amount still owed to Emaar under an original Sales and Purchase Agreement, which must be paid into the registered escrow account. A resale purchase from a private owner is a separate transaction, settled through the Dubai Land Department transfer process rather than into the project escrow account.
No. Any payment owed to the developer for a Creekside 18 unit belongs in the DLD-registered escrow account 1001*****0 at Commercial Bank of Dubai, with the full number shown 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 an alternative company account, particularly one offering a discount for paying directly, is the standard pattern of payment-diversion fraud regardless of how convincing the paperwork appears. Any such request should be checked against the escrow account registered in Dubai REST and the details in the Sales and Purchase Agreement before funds are sent.
Where 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. Money paid to any account outside that registration sits beyond that protection. Creekside 18 reached 100 percent certified completion and handed over in 2020, so cancellation is not a live concern for the project, and the framework itself is explained in the Dubai Land Department guide.
Yes, Creekside 18 is a freehold project, open to all nationalities.
The 10-year Golden Visa requires a property investment of at least AED 2 million. Entry one-bedroom apartments at Creekside 18 start from AED 1.59 million (approx USD 432,000), which is below that threshold, while two-bedroom apartments from AED 2.50 million (approx USD 680,000) sit above it. Qualifying options and application requirements are covered in the Creekside 18 Golden Visa guide.
Your Advisor
Tohid Fetrat
Independent of the developer: I work for the buyer, and my only job on this page is making sure your money lands where the law protects it. Client identities and transactions are never published or referenced. Message or call me directly: you will always reach me personally, never a call center or sales team.
Ask your question, get your answer. No obligation and no follow-up unless you ask for it.