Dubai
Aldar Properties has signed an agreement with Union National Bank to provide escrow services for buyers at its Water’s Edge project, the Yas Island’s first mid-market property and which comprises 2,255 apartments.
According to Talal Al Dhiyebi, Chief Development Officer at Aldar, “Aldar Properties was the first company to be granted a master-developer License under the Abu Dhabi Real Estate Law, and this agreement marks our third escrow account project. As a waterfront, mid-market apartment development, we are pleased with the strong demand for Water’s Edge, and confident that the Escrow accounts with UNB will further support this.”
