Creek Rise, Tower B
Dubai Creek Harbour, Dubai · by Falcon Developments · rating A− · Tower A delivered on time · 1,900 units sold
Senior yield
11.5%p.a.
+2.0 pts vs market 9.5%
off-plan construction finance, bank
Readiness
23%
channels differ · payout on hold
engineer 23% · oracle 21%
Escrow balance
41.2MAED
Zand · Law 8/2007
Units registered
128 / 240
Oqood · project company
done: Stage 1
1 Jul 2026
done: Stage 2
3 Oct 2026
mismatch: Stage 3
19 Oct 2026
planned: Stage 4
1 Jan 2027
planned: Structure complete
1 Sept 2027
planned: Handover
30 Jun 2028
Raised
48.6MAED
81% of 60.0M AED
Minimum ticket
5,000AED
entry fee 0 · secondary 0.25% per side
Holders
1,480
82% UAE residents · 18% international
Proof score
79
registry · site · readiness · price
Closes in
18days
placement window
How this compares
| How this compares | This deal | Platform peers (2) | Market |
|---|---|---|---|
| Senior yield | 11.5% | 11.8% | 9.5% |
| Minimum ticket | 5,000 AED | 5,000 AED | whole unit |
| Term | 30 mo | 33 mo | — |
| Proof score | 79 | 88 | n/a |
| Liquidity | daily · best of three | daily | weeks · NOC |
Market: off-plan construction finance, bank · CBUAE lending rates (demo) · as of 2026-10-01. Peers: median of the other offplan deals on the platform. Raise 60.0M AED · 41k AED per holder on average.
Key facts
- Structure
- CT unit tokens + F construction tranche · RERA escrow
- Circuit
- Residents and international investors
- Project company
- Creek Rise, Tower B Project Co · ADGM
- Escrow
- Zand · Law 8/2007 · 41,200,000 AED
- Distributions
- quarterly · next 30 Dec 2026
- Fees
- entry 0 · secondary 0.25% per side · exit 0.5% of sale
- Liquidity
- daily on the secondary market · best of three prices · buyback at reference value −3%
- Settlement units
- AED · USDT · g Au — switch in the header without selling
240 units over 24 floors, handover Q2 2028. Buyers hold tokens on specific units registered in Oqood; investors fund a senior construction tranche repaid from escrow as units sell. Readiness is confirmed by two channels, the RERA engineer and the site oracle. They currently differ by two points, so the stage-3 payout is on hold.
- Class CTseniorresident + internationalfrom 5,000 AEDcloses 10 Nov 2026
- Class Fseniorresident + internationalfrom 5,000 AEDcloses 10 Nov 2026
How money flows
Uses of proceeds
- Construction48.0M AED
- Reserve2.4M AED
- Insurance and bond1.6M AED
- Placement600k AED
- Marketing and sales7.4M AED
Payout order
- 1Senior tranche 11.5% p.a.70%
- 2Developer junior 20%20%
- 3Platform and escrow costs10%
Milestones
Each milestone is paid from escrow only when the engineer's report and the site oracle agree.
- Done
Stage 1 · 9%
9% of budget · Jul 2026 · releases at 9% ready
- Done
Stage 2 · 18%
9% of budget · 3 Oct · releases at 18% ready
- Mismatch · payout on hold
Stage 3 · 23%
5% of budget · 19 Oct · releases at 23% ready
- Engineer 23%Site oracle 21%tolerance ±1Channels disagree19 Oct 2026
- Planned
Stage 4 · 30%
7% of budget · Jan 2027 · releases at 30% ready
- Planned
Structure complete
20% of budget · Sep 2027
- Planned
Handover
50% of budget · Q2 2028
Latest from the site
- 19 Oct 2026Readiness mismatch — Readiness mismatch 2 pts (RERA 23% / oracle 21%). Stage-3 payout to the developer is on hold
Documents
- RERA project registration#2311
62665fa29e…abcc93 - Escrow accountZand · Law 8/2007
7241b1d97d…77fc24 - Oqood registrations ×128project company
088f6f030d…4401b1 - Land mortgagein favour of holders
339f2c43ea…b8fedf - Completion bond10%
ff9eb6e89b…4231ef - Engineer reports ×3oracle attestations ×3
7aa04081ff…26ec4e