What is an Escrow Account in Dubai?






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.


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