13/09/2017 11:31 AST

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.”


Aldar sells Phase One of $653m waterfront project


Aldar, a leading real estate developer in Abu Dhabi, UAE, has sold out the first phase of its Dh2.4-billion ($653.2 million) new waterfront development, Water’s Edge, on Abu Dhabi’s Yas Island, at th

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Aldar launches Dh2.4b waterfront development on Yas


Aldar Properties announced the launch of Water’s Edge, a new Dh2.4 billion waterfront development on Yas Island targeting middle income families. The development will have 2,255 homes with full or


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