| Project # | 1850 |
| Account Name | CREEK RISE |
| Developer | THE LAGOONS PHASE ONE L.L.C |
| Registration Date | 19/01/2017 |
| Completion Date | 30/06/2021 |
| Escrow # | 0205269605303 |
| Bank Details | EMIRATES NBD BANK (P.J.S.C) |
| Milestones | Percentage (%) |
| 1st Installment | 12% |
| 2nd Installment | 5% |
| 3rd Installment | 5% |
| 100% Construction and Handover | 3% |
| 3 months after completion | 10% |
| 6 months after completion | 10% |
| 9 months after completion | 5% |
| 12 months after completion | 10% |
| 16 months after completion | 5% |
| 20 months after completion | 10% |
| 24 months after completion | 5% |
| 28 months after completion | 10% |
| 32 months after completion | 5% |
| 36 months after completion | 5% |
The developer of this project offers a 2% DLD Waiver when purchasing an apartment in this complex.
*Terms and conditions apply