Moor at Dubai Creek Harbour Escrow Account

Mashreq Bank PSC holds the escrow account for Moor, account number 0190*****174 (shown in full in the Escrow Details section above). The account is attached to DLD project 2555, Creek Beach - Canopy - Moor, registered on 24 March 2023, and the independent progress report for that registration names Mashreq Bank PSC as its trust account bank.

Yes. Moor does not have a separate DLD registration. Its four buildings are registered together with the neighbouring Canopy buildings as project 2555, Creek Beach - Canopy - Moor, and the trust account at Mashreq Bank PSC belongs to that registration, so it receives payments from Canopy buyers as well as Moor buyers. It remains a DLD-registered escrow account supervised by the Dubai Land Department; the practical check for a Moor buyer is that the account number matches the one registered for project 2555 in Dubai REST and the one printed in the Sales and Purchase Agreement.

Escrow funds are released to the developer only against construction progress certified through DLD inspections. The inspection dated 4 November 2025 recorded project 2555, the registration covering Moor and Canopy, at 100%, up from 83% at the previous inspection, so every construction-linked release stage for the registration has been reached. A retention portion stays in the account after completion, and the register does not publish the account balance or its release history. Handover is scheduled for November 2026. The 4 November 2025 reading was 323 days old on 23 September 2026 and is subject to re-verification on Dubai REST; the full inspection record is tracked on the Moor at Dubai Creek Harbour construction updates page.

The 4% DLD registration fee is paid to the Dubai Land Department, not into the Moor escrow account. It is a government charge for registering the purchase, calculated on the purchase price and payable on top of it at the booking and SPA stage, alongside the 10 percent booking payment in the launch schedule. Because it is not part of the price paid to the developer, the fee is not held in escrow and is not released against construction progress.

Oqood is the Dubai Land Department's interim register for units sold in a registered project before handover, and a Moor purchase is recorded there once the Sales and Purchase Agreement is registered. The title deed replaces the Oqood record after handover, once the conditions in the SPA have been met, with the exact timing set by DLD processing. Until then, every payment toward the price belongs in the registered escrow account for project 2555.

Yes. Payments held in the escrow account stay there, and releases remain tied to certified progress for project 2555 rather than to the calendar. Escrow protects capital; it does not compensate for delay, and any delay terms sit in the Sales and Purchase Agreement. Construction was recorded complete on 4 November 2025 and handover is scheduled for November 2026, against a registered completion date of 30 November 2026, so the remaining steps are snagging and handover rather than building work. The retention held after completion supports defect rectification, and the defect check before handover is covered in the Moor at Dubai Creek Harbour snagging inspection guide.

No. Every payment toward the price of a Moor apartment belongs in the DLD-registered escrow account 0190*****174 at Mashreq Bank PSC (the full number sits in the Escrow Details section above), as recorded in the Sales and Purchase Agreement. A request to send money to a personal account, an agent's account or a different company account, particularly one offering a discount or a new account for the final payment, matches the pattern of payment-diversion fraud however official it looks. Any such request can be checked against the account registered for project 2555 in Dubai REST and against the SPA before money moves.

In the Dubai REST app, the Project Status service lists project 2555 under the name Creek Beach - Canopy - Moor; the Canopy name is expected, because the registration covers both developments. Its Escrow Account panel shows the bank, Mashreq Bank PSC, and the account number, which matches the Escrow Details section of this page and the escrow clause of the Sales and Purchase Agreement. The same screen shows the project status and the latest inspection, dated 4 November 2025 at the time of writing.

If 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. That protection reaches only money in the registered account, which is why payments sent anywhere else fall outside it. Project 2555 was recorded at 100% on 4 November 2025, after its DDA building completion certificate of 22 October 2025, so cancellation is a remote scenario for Moor, but the mechanism applies regardless. The wider regulatory framework is explained in the Dubai Land Department guide.

The escrow account protects buyer payments toward the price while they are held under DLD supervision. It does not compensate for a late handover, since delay terms sit in the Sales and Purchase Agreement; it does not protect money paid to any account other than the one registered for project 2555; it does not hold government registration charges, which are paid to the Dubai Land Department; and it does not set the price or the payment terms, which are agreed with the developer in the SPA. Defects found after completion are addressed through the retention held in the account and the developer's obligations under the SPA.

Registration 2555, which covers Moor and Canopy, has its own completed record: a DCD approval on 29 August 2025, an LPG approval on 16 September 2025, a DDA building completion certificate on 22 October 2025 and 100% recorded on 4 November 2025, with the registered completion date of 30 November 2026 not yet reached. Recent Emaar handovers in Dubai, owner-supplied and not verified against DLD records, include Creek Palace in March 2026, Seagate in September 2025, June in June 2025 and Bliss in November 2024. Emaar's factsheet reports 2023 revenue of AED 26.7 billion (US$ 7.3 billion) and approximately 108,000 residential units delivered in Dubai and other markets since 2002.