Signed in as Aldar Properties · Developer · demo identity
Creek Rise, Tower B
240 units · 24 floors · Falcon Developments · handover Q2 2028
Stage 3 payout (3,000,000 AED) on hold: engineer 23%, oracle 21% — 2 pts apart, tolerance ±1.
Request a re-surveyReadiness
23%
channels differ · payout on hold
plan: 24% by 20 Oct
Escrow balance
41.2MAED
Zand · Law 8/2007
Units registered
128 / 240
in Oqood · demo
Facility placed
48.5MAED
of 60.0M AED · junior 20%
Two-channel readiness
payout only on a match- Consultant engineer (escrow)
- 23%report 18 Oct
- Platform oracle (holders)
- 21%drone 19 Oct · 212 geophotos
- Tolerance
- ±1 pt
- Result · Stage 3
- Mismatch · on hold
A mismatch is not a penalty. It keeps the money in escrow until the fact is confirmed, which is why your investors trust the schedule.
Two placements
buyers and investors in two circuits · residents 82% · international 18%
senior yield 11.5% · repaid from escrow as units sell · 81% of 60.0M AED
Opening a portion is a new issuance: it goes through platform approval, which lands in the E05 admin.
- Issuance P-007-CT · class CT · resident + international48.6M AED of 60.0M AED
- Issuance P-007-F · class F · resident + international48.6M AED of 60.0M AED
Readiness over time
plan · engineer · oracle| Month | Plan | Engineer | Oracle |
|---|---|---|---|
| Jun | 0 | 0 | 0 |
| Jul | 4 | 4 | 4 |
| Aug | 9 | 9 | 9 |
| Sep | 14 | 13 | 13 |
| Oct | 19 | 18 | 18 |
| Nov | 24 | 23 | 21 |
| Dec | 30 | — | — |
| Jan | 36 | — | — |
| Feb | 43 | — | — |
| Mar | 50 | — | — |
| Apr | 58 | — | — |
| May | 66 | — | — |
| Jun | 75 | — | — |
| Jul | 84 | — | — |
| Aug | 92 | — | — |
| Sep | 100 | — | — |
Milestones and checks
- 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
Assignments
Buyers resell before handover without queuing for a developer NOC: each transfer is an automated check.
No assignments on this project yet.
Demo log until the secondary market (E07) records assignments. An assignment used to mean a letter to the developer, an NOC and a 2–5% fee; here it is an automated check at 0.15% per side on founding terms, half of the fee paid to the developer.