Press Releases

wasl properties leases 126 units in 6 hours

wasl properties, one of the largest real estate development and management companies in Dubai, has announced the leasing of 126 residential units from its residential portfolio across Dubai in six hours as part of its Summer Deals campaign that was launched on 20 August. This achievement reiterates the company’s solid strategic approach and its well-thought-out plans, both of which contribute to consolidating its position as a leading company in a highly competitive market.The company had announced that the leasing process would be completed conducted online, marking a first for Dubai’s real estate market. This allowed potential customers to reserve their desired units by submitting all the required personal details as well as settle and receive their lease contracts, all within a few minutes.

wasl properties launches new app enabling customers to find and complete leasing processes within minutes

wasl properties, one of the largest real estate development and management companies in Dubai, announced the launch of ‘wasl properties Leasing,’ a new app that enables customers to find, book, and lease new units from wasl’s extensive portfolio of properties with a few clicks and within minutes.The app, a first in the regional real estate industry, enables customers to search for a unit within proximity of a defined area and check for special offers. The whole process, which includes booking, detailed filling, and payment, is completed within minutes. This makes it convenient for customers to lease a new unit without having to visit any customer happiness centre.In her comments on the new launch, Zainab Mohammed, chief property management and marketing officer, wasl properties, said: “The new app is in line with the Smart Dubai 2021 strategy and its objective of promoting technological advances that benefit the city’s people, it’s economy, and its resources.

wasl properties launches annual Ramadan Arts Competition to celebrate its creative tenants

wasl properties, one of the largest real estate development and management companies in Dubai, has announced its celebration of the spirit of the holy month by launching its Ramadan competition that seeks to reward artistic flair with exceptional prizes. The annual competition, which is in its tenth edition this year, aims to highlight the creativity of wasl tenants by encouraging them to draw inspiration from the beautiful Ramadan atmosphere.The annual competitions welcome participation from all ages, with a painting challenge for wasl tenants’ children and a photography contest for adults.wasl’s Ramadan Painting Competition is designed for younger tenants of up to 13 years old, and participants will be required to paint a piece reflecting the true meaning of Ramadan. With an iPad up for grabs every week, artworks must be uploaded to the website for them to be voted on publicly and judged by the wasl committee.

wasl properties provides food boxes to tenants at Naif and Al Ras

In response to the global outbreak of COVID-19 and as part of its continuous support to alleviate its tenants during these trying times, wasl properties, one of the largest real estate development and management companies in Dubai, coordinated with local authorities to distribute food boxes, sterilisers, cleaning materials, and gloves to its tenants at Naif and Al Ras. wasl manages around 20 buildings across both areas, housing over 200 families.

wasl supports Dubai Educational Zone by providing students with remote-learning needs

wasl Asset Management Group has announced its support to the Dubai Educational Zone by providing its students with laptops. The initiative comes as part of wasl’s support of the remote-learning process that has recently been initiated in the UAE wasl also extended its support to the Hamdan Bin Rashed Boys School in Dubai by providing a number of iPads for students to assist them in pursuing their academic lessons. This aligns with the Ministry of Education’s plan to ensure seamless progression of the national educational process. Zainab Mohammed, Chief Property Management and Marketing Officer at wasl properties, said: “This step represents wasl’s contribution to the government’s efforts to provide support to different segments in society and help them overcome the challenges resulting from the current situation.

wasl announces relief package to support its customers

In response to the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and the guidance of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Chairman of wasl Asset Management Group, to mitigate the effects of the current situation on various segments of society in Dubai and enhance its readiness to deal with all future conditions, wasl Asset Management Group announced a relief package directed to its tenants, both residential and commercial, in addition to its retailers. HE Hesham Al Qassim, CEO of wasl Asset Management Group, stressed that the current circumstances require working responsibly as a team and joining the various initiatives that were launched by the government.

wasl starts handover of Gardenia Townhomes on schedule

wasl Properties, a subsidiary of wasl Asset Management Group, has commenced the on-time handover of units at its ‘Gardenia Townhomes’ development that is located near Ibn Battuta Mall on Sheikh Zayed Road. This comes as per the company’s keenness to fulfil its promise to have customers move into and live in their units before the end of the year. wasl will continue handing over remaining units up until the end of January 2020. Gardenia Townhomes features 257 three- and four-bedroom townhouses, located on the eastern side of wasl Gate in Jebel Ali. The company announced an open house for the project on 20 January in response to the high demand from customers and launched the sales the following day to cater to the strong demand. This resulted in sales that comprised 128 townhouses on the first day and the remaining 129 units on the second, registering an unprecedented demand from those interested in the villa complex. Extending over an area of 1.13 million sq.

wasl properties leases more than 100 units within hours

wasl properties, a subsidiary of wasl Asset Management Group, announced the leasing of more than 100 units in Muhaisnah and Al Qusais within a few hours from the launch of its summer offers. This achievement is a testament to the modern specifications and the distinctive prices that are being offered by wasl across a wide range of residential units.wasl properties’ summer deals campaign will be running until the  9th of October, featuring deals on studios, one-, two- and three-bedroom apartments and villas across Dubai.Zainab Mohammed, Chief Property Management and Marketing Officer at wasl properties, said: “wasl’s mandate is to cater to all segments in the market and meet customer demand. wasl consistently undergoes thorough planning and strategies prior to the release of any of our properties into the market, and these buildings are just a continuation of that resident-centric mission to deliver world-class standards and premium apartments at competitive prices.”

Mohammed Bin Rashid Global Centre for Endowment Consultancy Grants Dubai Endowment Sign to wasl Asset Management Group

Mohammed Bin Rashid Global Centre for Endowment Consultancy (MBRGCEC) presented the Dubai Real Estate Corporation’s wasl Asset Management Group (wasl) with the Dubai Endowment Sign for the second consecutive year. The entity earned the distinction for providing financial support valued at AED4 million to 24 government schools and other educational institutions in the UAE between 2014 and 2019.His Excellency Hesham Abdulla Al Qassim, CEO of wasl, received the Dubai Endowment Sign from His Excellency Essa Al Ghurair, Chairman of MBRGCEC and Awqaf and Minors Affairs Foundation (AMAF), at AMAF headquarters in Dubai.

wasl progresses with the construction of its Warsan project ahead of Expo 2020

wasl properties, a subsidiary of wasl Asset Management Group, is proud to announce that construction on its Warsan project is well underway for a timely delivery for Expo 2020.The Warsan project will comprise 35 buildings in a community-style layout that when completed will provide 3,866 residential units — 3,380 shared units, 360 studio units  and 126 one-bedroom apartments — spread over a built-up area of 2.14 million sq. ft.Hesham Al Qassim, CEO of wasl Asset Management Group, commented: “We launched our Warsan project as part of our strategic preparations to deliver much-needed accommodation for hospitality and staff in the build-up to Expo 2020. Dubai is setting up to receive an estimated 25 million unique visitors and to cater to this influx of people, it is of vital importance that the hospitality sector be granted residences to assure optimal performance and best represent the Emirate.