Home |Dubai Company Registration | What is an Escrow Account in Dubai?

What is an Escrow Account in Dubai?

Answer Notify Me - 1 Notifying - 2
Sakina Burhan Sakina Burhan
Answered on May 07,2024

Running high-value transactions in Dubai’s real estate sector smoothly and securely is a big question. The Escrow Account in Dubai plays a vital part in this. An escrow account is basically a legal arrangement where a neutral third party temporarily holds money or property until a specific condition is met. For example, completion of a purchase agreement.

Clap Clap 1
Share Share Answer Share Share
Views 6 views
tesz.in
Hey , can you help?
Answer this question
Guide

Complete Guide on Trade License in Dubai

 Trade license is required for practicing business activities legally in the emirate. Types of Trade Licenses in Dubai Normal License:  It requires the existence of a Mem..
  Click here to get a detailed guide
Guide

Business Activities List in UAE

While creating a company in UAE, you need to specify the business activity. There are more than 2,000 business activities to choose from in the UAE. Business Activities in UAE ..
  Click here to get a detailed guide

Related Questions