13th June 2018

Wasl enjoys a record-demand in leasing ‘Wasl district’ project

Wasl, a subsidiary of Wasl, has recorded an unrivaled demand for the leasing of Block A, the second phase of Wasl district. The company announced the leasing of 90% of one, two and three-bedroom apartments within four hours of their initial rental listing.

The company launched one-bedroom apartments for annual rent at values ranging from AED 54,000 – 66,000, two-bedroom apartments starting from AED 71,000,  two-bedroom apartments that come with maid rooms from AED 82,000 – 91,000, and three-bedroom apartments — which were fully leased from AED 112,000 – 121,000.

Zainab Mohammed, Chief Property Management and Marketing Officer at Wasl, said: “This success is attributed to the fact that Dubai’s real estate market remains attractive in the eyes of investors, residents and visitors, thanks to its strong legislative environment and its procedural transparency, as well as to the healthy balance of supply and demand, the ease of doing business and its role in spreading happiness in the society.

Wasl district is within proximity to key markets and has unique surroundings that afford residents access to all their desired facilities. The project has also implemented the highest standards of quality by offering ideal services in an area that is vibrant year-round.