Ellington Properties · Business Bay
The Crestmark Construction Updates
Ellington's 189-Residence Tower on the Dubai Water Canal, Read Through Its Register
The Crestmark stood at 61.18% in the DLD register on 7 August 2026, a climb from its September 2023 start that carries the canal-side tower past halfway.
Construction tracking against RERA inspection data, updated after every recorded inspection.
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Construction Snapshot
The Crestmark at a Glance
The Crestmark is Ellington's 189-residence tower on the Dubai Water Canal in Business Bay, entered in the Dubai Land Department register as project 2832 and recorded there at 61.18% on 7 August 2026. Its record opens with construction starting on 26 September 2023 and registration following on 8 November 2023. Because the building is a single G+3P+18F tower rather than a phased cluster, every register figure below describes one structure from its foundations to its 18th residential floor, so each new reading needs no splitting by phase or building.
2832
Active, main contract progressing
26 September 2023
189 residences
21,744.81 sq m
Q1 2026 (developer handover)
Figures from Dubai Land Department registration records, updated after each recorded inspection. How every project on this site is tracked is explained once on the Dubai Construction Updates hub.
Inspection Record
The Crestmark Construction Update Timeline
The Crestmark's register holds two progress figures so far: 61.18%, dated 7 August 2026, and an earlier 43.63% that the register lists as the previous inspection without giving its date. Only the dated figure has a row in the table and its own monthly update; the earlier one sits on the track as a dot at its exact percentage, without a month label. Two dated milestones frame both readings: construction start on 26 September 2023 and DLD registration on 8 November 2023.
| Inspection Month | Construction Progress | Inspection Date | Full Update |
|---|---|---|---|
| August 2026 | 61.18% | 7 August 2026 | View the August 2026 update |
Pace Analysis
How Fast The Crestmark Has Been Built
With one dated reading in The Crestmark's record, its pace can only be read as an average from the construction start; the earlier 43.63% figure has no date to measure against:
- 26 Sep 2023 to 7 Aug 2026: construction start to 61.18%, over 1,046 daysAbout 1.75 points per month
- Previous register reading at 43.63%: no inspection date shownNo measured rate
About 1.75 points per month is arithmetic over 30-day months, not a forecast, and it flattens the shape of this particular build. Part of that span went into enabling works and foundations, which the 7 August 2026 RERA report lists as completed, while the structure and internal works of the G+3P+18F tower were still progressing at an advanced stage; a straight average treats those very different kinds of work as if they moved the percentage at one speed. The register's previous figure of 43.63% sits 17.55 points below the current reading, a sizeable step between two inspections, but with no date on the earlier one that step cannot be turned into a monthly rate. No target rate toward a date is calculated here: the quarter first set for handover in the original schedule, Q1 2026, has passed while the latest dated reading stands at 61.18%, and the 38.82 points still to be recorded will be measured as dated readings arrive. For an end user, the move-in date therefore rests on Ellington's written confirmation rather than on arithmetic; for an investor, the next dated reading will be the first to give The Crestmark a measured rate between two inspections.
Get the Next Inspection Figure First
Tell me you are tracking The Crestmark and I will send you the next recorded figure and site photos directly, ahead of the page update.
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About The Crestmark at Business Bay
A 61.18% reading, dated 7 August 2026, is only useful next to what it measures. The project guide sets out the residences, amenities and canal setting this record is tracking toward:
The Crestmark: Canal-Side Ellington Tower With Business Bay Marina Views
The Crestmark is an Ellington tower of 189 residences on the Dubai Water Canal in Business Bay, from studios to penthouses.
View the The Crestmark Project GuideConsidering a Mid-Construction Entry?
Which Crestmark residences are offered changes as the build moves past its instalment milestones. If this record is what brought you here, ask me what is currently available and which payments would already be due at signing under Ellington's current terms.
Ask About Remaining Availability on WhatsAppStage Record
The Crestmark Build Stages, Mapped to the Inspections
Each stage below is pinned to what The Crestmark's own evidence shows: two dated register milestones from 2023 and the RERA report of 7 August 2026. The windows are therefore as precise as that evidence allows, and where the record gives no date, none is added.
Construction Start and DLD Registration
Construction started on 26 September 2023, and the project entered the DLD register as project 2832 on 8 November 2023.
Enabling and Foundation Works
Recorded as completed in the 7 August 2026 RERA report: the base for a ground floor, three podium levels and 18 residential floors.
Structure and Internal Works
At an advanced stage on 7 August 2026, when the register placed the whole tower at 61.18%; the report lists this work as progressing, not finished.
Envelope, Finishes and MEP
External envelope, internal finishes and MEP works were each under way, at uneven points, at the same inspection, running alongside the frame.
Completion and Handover
Ellington's original Q1 2026 schedule has passed. The 30% completion payment and the keys follow the date Ellington confirms in writing.
What each construction stage involves in general is covered once in the guides on the Dubai Construction Updates hub, so this page stays focused on The Crestmark's own record.
Buyer Position
Tracking Your Position at The Crestmark
This page is one of four project resources that together cover a The Crestmark purchase from payment protection to residency to handover. You are on the construction record; the siblings sit one click away:
The Crestmark Construction Updates
This page: every dated DLD register reading for The Crestmark, from the 2023 start to handover.
The Crestmark Golden Visa: Qualifying From the 1 Bedroom Apartments
At The Crestmark, Ellington's canal-side Business Bay tower, every residence from the 1 bedroom apartment upward meets the AED 2M threshold.
Read the The Crestmark Golden Visa Guide
The Crestmark Escrow Account With Commercial Bank of Dubai
The Crestmark read 61.18% in August 2026; DLD project 2832 escrows its 189 residences at Commercial Bank of Dubai for Ellington.
Verify the The Crestmark Escrow Account
The Crestmark Snagging: Chevron Flooring, Plunge Whirlpools and VRF Air Conditioning
The Crestmark snagging checks Ellington's Business Bay residences, from chevron porcelain flooring and sintered stone counters to plunge whirlpools.
Book The Crestmark SnaggingApproaching Handover
Between 61.18% and Handover: What The Crestmark Buyers Should Do Now
By the 61.18% register reading of 7 August 2026, the register had moved beyond all four construction stages, at 30%, 40%, 50% and 60%, to which the developer's 70/30 plan ties a 5% instalment each; when each of those fell due for you is set by your SPA and confirmed by Ellington. What the plan leaves is the 30% due on completion, and none of the steps around it should wait for the handover notice: once Ellington issues that notice, the inspection and the final payment run on its timetable rather than yours.
First, match every instalment already triggered, and the completion payment still ahead, to the Commercial Bank of Dubai escrow account registered for project 2832; The Crestmark escrow verification guide shows how to check it against the DLD record.
Second, since Q1 2026, the quarter in the original handover schedule, has passed, obtain Ellington's present timetable for completion and handover in writing and lay it beside the completion clause of your SPA; each later dated reading on this page then gives you a fixed point to set against it.
Third, keep the independent defect inspection on your list but schedule it only once Ellington's handover or completion notice arrives: the window has not opened at 61.18%, and The Crestmark snagging inspection page explains what gets recorded and how to schedule it.
Send me your unit number on WhatsApp and I will tell you what the latest inspection means for your handover and map the sequence for your specific unit.
The Wider Picture
Explore Business Bay Structure
A tower recorded at 61.18% on 7 August 2026 is rising inside a district that is already built and trading. These three pages place The Crestmark's record in its market, community and developer context:
Business Bay Properties for Sale
Browse canal-front apartments, penthouses and branded residences for sale across Business Bay.
See Business Bay Properties for Sale
Business Bay Community Overview
Read the Business Bay guide: canal-front towers, offices and residences minutes from Downtown, with prices and rental demand covered.
Explore the Business Bay Community
Ellington Properties: Design-Led Boutique Residences With Curated Interiors
Ellington Properties, founded in 2014, is a design-led developer of apartments, villas and waterfront homes, with 30 developments launched and delivered.
View the Ellington Developer ProfileConstruction tracking for other Dubai projects is indexed on the Dubai Construction Updates hub.
FAQs
The Crestmark Construction Updates Frequently Asked Questions
The Crestmark, DLD project 2832 by Ellington in Business Bay, stood at 61.18% in the Dubai Land Department register on 7 August 2026. The RERA progress report for that inspection lists enabling and foundation works as completed and puts the structure and internal works at an advanced stage; the external envelope, internal finishes and MEP works were each at a different point of progress. Every reading is laid out in the inspection timeline above.
Progress at The Crestmark is recorded as a percentage in the Dubai Land Department project register after each RERA site inspection, and the latest figure is 61.18%, dated 7 August 2026. The RERA progress report for that inspection prints no percentage of its own, so this page uses the register figure. The register also lists a previous reading of 43.63% without a date, which is why it sits on the progress track as an undated point rather than as a timeline row.
The Crestmark's original handover schedule named Q1 2026, and that quarter has passed, while the register reading of 7 August 2026 stood at 61.18%. This page sets no revised date. Only Ellington's written confirmation fixes the present expected handover date, and each buyer should check it against the completion clause in their own SPA, which also governs when the 30% due on completion is paid.
The Crestmark has 189 residences, from studios to four bedroom penthouses, in a building the RERA progress report of 7 August 2026 describes as G+3P+18F: a ground floor, three podium levels and 18 residential floors. On that date the register placed the whole configuration at 61.18%, a single figure for one tower rather than an average across several phases.
Construction at The Crestmark started on 26 September 2023, according to the Dubai Land Department register, which records the project as registered on 8 November 2023. The earliest reading in the record that carries a date is 61.18% on 7 August 2026, documented in The Crestmark August 2026 construction update.
Spread over the 1,046 days from the 26 September 2023 start to the 61.18% reading of 7 August 2026, The Crestmark averaged about 1.75 points per month, counting 30-day months. That figure is arithmetic, not a forecast. The earlier 43.63% reading has no date, so no rate between the two readings can be measured; the pace analysis above explains what the average can and cannot show.
Your Advisor
Tohid Fetrat
Independent of the developer: I work for the buyer, and my only job on this page is keeping the The Crestmark construction record accurate, inspection by inspection, until handover, walking the site personally each inspection period. 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.
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