Savanna at Dubai Creek Harbour Escrow Account

Dubai Islamic Bank (Public Joint Stock Company) holds the escrow account for Savanna, account number 0015*****139801 (shown in full in the Escrow Details section above), registered under DLD project number 2551 when the project was registered on 1 March 2023.

Savanna does not hold a DLD registration of its own. It is registered with its Creek Beach neighbours Cedar and Mangrove as a single project, number 2551, Creek Beach - Savanna-Cedar-Mangrove, on plot 169 in Al Khairan First, and one escrow account at Dubai Islamic Bank serves that joint registration. Buyers in all three projects pay into the same account, and the progress readings that governed releases describe the three projects combined rather than Savanna alone.

Buyer payments for Savanna were deposited into the escrow account and could be released to the developer only against construction progress certified through DLD inspections, never on the developer's request alone. Under the 90/10 payment plan of record, ten instalments of 10 percent, the booking payment and eight construction instalments ran through that process, with the final 10 percent tied to completion.

The joint register covering Savanna reached 100 percent at the inspection dated 4 November 2025, after a building completion certificate from the Dubai Development Authority dated 23 October 2025, and handover is scheduled for Q3 2026. The construction-linked escrow stages are therefore complete, and any payment still due to the developer for a Savanna unit, including the final payment, goes to the registered escrow account exactly as set out in the Sales and Purchase Agreement. The full inspection record is tracked on the Savanna construction updates page.

No. The 4% DLD registration fee on a Savanna purchase is paid to the Dubai Land Department at the booking stage, not into the escrow account. The escrow account receives only the payments made toward the apartment itself. How DLD registration and its fees work is explained in the Dubai Land Department guide.

An off-plan Savanna apartment is recorded on Oqood, the DLD interim register, once its Sales and Purchase Agreement is registered, which links the buyer's payments to that unit and to the project's escrow account. After completion, once the final payment is settled and the unit is handed over, the Oqood entry is converted into a title deed issued by the Dubai Land Department in the buyer's name.

Yes, the protection continues. Money paid for Savanna stays inside the escrow framework whatever the calendar says, and with construction recorded complete the building risk that escrow was designed to contain has already passed. Escrow protects capital but does not itself compensate for delays; delay terms sit in the Sales and Purchase Agreement. A retention portion is also held in escrow after completion against defect repairs, which gives a pre-handover snagging inspection real weight.

No. Every payment to the developer for a Savanna apartment must go into the DLD-registered escrow account 0015*****139801 at Dubai Islamic Bank (the full number sits 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 paired with a discount for paying directly, is the classic pattern of payment fraud however official the paperwork looks. Any such request should be checked against the escrow account registered in Dubai REST and the details in the Sales and Purchase Agreement before any funds are sent.

The Savanna escrow details can be checked in the Dubai REST app under Services, then Project Status, by searching project number 2551 or the register name Creek Beach - Savanna-Cedar-Mangrove. The Escrow Account panel shows the bank and the account number, which should match both this page and the escrow details in the Sales and Purchase Agreement; where the app and any other source differ, the app is the reference.

The Savanna escrow account protects money paid to the developer toward an apartment. It does not compensate for handover delays, whose terms sit in the Sales and Purchase Agreement, and it does not hold the 4% DLD registration fee, which is paid to the Dubai Land Department. It gives no protection to money sent to any other account, and it does not replace a defect inspection: the retention held after completion supports repairs, but identifying the defects is left to the buyer's own inspection before handover.

Savanna itself went from DLD registration on 1 March 2023 and a construction start on 27 May 2023 to a 100 percent reading on 4 November 2025, recorded on the joint register 2551. Beyond Savanna, Emaar projects delivered in Dubai under the same DLD escrow framework include Creek Palace in March 2026, Seagate in September 2025, June in June 2025 and Bliss in November 2024.