Press Releases

wasl properties hands over its Park Gate Residences development and reconfirms its commitment towards its customers

wasl properties, a subsidiary of wasl Asset Management Group, has announced the commencement of handover for its Park Gate Residences, the first phase of the wasl1 development, with customers receiving the keys to their ready-to-move-in units. The move reconfirms wasl’s commitment to delivering on its promises despite the challenges that were posed by the pandemic last year. Park Gate Residences will offer residents 746 modern apartments across four luxurious residential towers on one podium, all of which overlook the lush green gardens of Zabeel Park. The project is ideally located in proximity to Sheikh Zayed Road and Al Jafiliya Metro Station. The handover of Park Gate Residences confirms the customer-centric approach that wasl adopts, with customer satisfaction being its primary pillar.

Dubai, UAE, 4th Nov, 20
wasl celebrates ‘UAE Flag Day’

wasl Asset Management Group celebrated UAE Flag Day 2020, the occasion celebrated by the United Arab Emirates on 3 November each year, 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, who called on citizens, ministries and government institutions to raise the UAE flag today morning, on the occasion of Flag Day.wasl raised the UAE flag on the mast of the company's headquarters in the presence of His Excellency Hesham Al Qassim, CEO of wasl Asset Management Group, and that of senior officials, while fully adhering to the guidelines announced by the UAE Government Media Office and in accordance with the precautionary measures to curb the spread of COVID-19.

wasl properties releases ‘wasl nad tower’ onto the market

wasl properties, one of the largest real estate development and management companies in Dubai, announced the release of ‘wasl nad tower’, a new project facing Sheikh Mohammed Bin Zayed Road, that is part of the 11 million sq. ft. Nad Al Hammar Gardens master development. The vision behind ‘wasl nad tower’ is to offer an exemplary variety of apartments at the centre of a growing and convenient mixed-use master development consisting of residential buildings, offices, retail and showrooms as well as amenities for residents.wasl nad tower comprises of 204 apartments with a mix of 36 one-bedroom, 106 two-bedroom, and 62 three-bedroom units.

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. The initiative is part of wasl’s corporate social responsibility programme to support different segments of society and aligns with all the initiatives rolled out by government and private entities to face the possible consequences of the COVID-19 outbreak.

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. This consolidates wasl’s commitment to being at the forefront of the growing number of institutions that have demonstrated their solidarity to support the public interest.

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.