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PROSPECTIVE CUSTOMER Q&A

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Q&A

Your cheques will be cashed and deposited into an ESCROW account subject to the payment plan which is based on the project reaching certain milestones which will be set out in your Sale & Purchase Agreement with Aldar.

Once you have achieved a 30% equity position in the unit, then as per the Real Estate Law, you are able to sell your property.

Subject to meeting the requirements of your preferred lender, then you will be able to secure financing on your unit.

If the transfer is from an individual to a company owned by him or her, or from a company to the individual that owns that company, then there is a transfer fee of AED3,000. For regular transfers then there is an admin fee of AED5,000.

Yes, you can, subject to the agent being in possession of all relevant documentation that enables him or her to purchase real estate on your behalf. 

Water’s Edge is located on the east side of Yas Island. in addition to being situated along a canal, the development features three pools, seven gymnasiums, two multipurpose courts, a community centre, access entrance and 24/7 security, canal-front F&B, a nursery, the Jalboot water taxi connecting residents to the UAE capital by sea, cycle paths, running tracks, and a community mosque with planned two-pearl Estidama rating.

Water’s Edge benefits from its proximity to all the amenities on Yas Island from hotels to the Yas Links Golf Club, world class retail and entertainment, as well as schools.

The buildings have been orientated as such that all homes haved irect or oblique views of the canal.

All the homes have balconies.

There will be 2 options: 50/50 and 30/70 payment plans. Minimum down payment will be 5% of the unit price.

Water’s Edge is located on the east side of Yas Island, offering direct access to Sheikh Khalifa Highway to Dubai and Abu Dhabi, and to Abu Dhabi International Airport.

Residents will benefit from proximity to other attractions including Yas Waterworld Abu Dhabi, Ferrari World Abu Dhabi, Yas Marina Circuit (which hosts F1 Abu Dhabi every year), Yas Mall, Yas Beach, Yas Links golf course, seven hotels, and more.

Water’s Edge will consist of studios (3 configurations), one-bedroom (2 configurations), two-bedroom (3 configurations), and three-bedroom (3 configurations) apartments.

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