The Crestmark construction progress
The Crestmark in Business Bay is 61% built at the Land Department inspection of August 2026. Developer Ellington Properties Development.
61%
Built, at the Land Department site inspection of 7 August 2026
- Finish at recent pace
- August 2027
- Construction started
- September 2023
- Registered with the Land Department
- November 2023
- Developer
- Ellington Properties Development
- Community
- Business Bay
- Units
- 191
- Escrow bank
- Commercial Bank of Dubai
- Name in Arabic
- ذا كريستمارك
- Land Department project number
- 2832
- Land Department site inspections
- 7
Schedule
Since August 2025 The Crestmark has added about 3.2 points a month. At that rate the site reaches 100% around August 2027. The Land Department has no completion date on record to compare it with.
Site inspections
7 August 2026
61%+18 pts
23 April 2026
44%+12 pts
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23 December 2025
32%+6.9 pts
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26 August 2025
25%+9.9 pts
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9 April 2025
15%+9.4 pts
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4 July 2024
5.3%+5.3 pts
25 October 2023
0%
Context
Business Bay has 43 projects under construction, 35% built on average.
Ellington Properties Development has 18 projects under construction in Dubai; 6 have passed their registered completion date.
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Notify me when it launchesQuestions
- When will The Crestmark be completed?
- The Land Department has no completion date on record for The Crestmark yet.
- How much of The Crestmark is built?
- 61%, measured at the Land Department site inspection on 7 August 2026. The Land Department engineers have inspected the site 7 times since October 2023.
- Who is building The Crestmark?
- The registered developer is Ellington Properties Development. It has 17 other projects under construction in Dubai.
- Which bank holds the escrow account for The Crestmark?
- Commercial Bank of Dubai. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.
- The PortmanAlso by Ellington Properties Development. 79%, Due September 2025, passed.
- The HighburyAlso by Ellington Properties Development. 80%.
- Uh West By EllingtonAlso by Ellington Properties Development. 71%, Due March 2026, passed.
- Uh East By EllingtonAlso by Ellington Properties Development. 47%, Due March 2026, passed.
- Burj PacificNearby in Business Bay. 99%, Due January 2023, passed.
- 77sNearby in Business Bay. 14%, Due December 2028.
- West Bay TowerNearby in Business Bay. 83%, Due February 2024, passed.
- Aykon City 3Nearby in Business Bay. 31%, Due December 2027.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.