Creekside 18 at Dubai Creek Harbour Escrow Account

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.