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Press Releases - Media Centre


Owners Association for Horizon Tower appoints wasl properties

wasl properties announced today that it was appointed by Owners Association (OA) Managers of the iconic Horizon Tower in Dubai Marina.Two of wasl properties Commercial and Owner Association Management team, Mohammed Yahya and Charles Rosenbaum, were also recently invited to become part of the newly established Dubai Jointly Owned Property Owners Guide (DJOPOG) committee. This is an initiative led by the Dubai Real Estate Institute (DREI), part of the Dubai Land Department. The DJOPOG committee has been formed to review and adapt the USA’s well-established guidelines for the local real estate market in DubaiMohammed Yahya, Senior Director, Commercial and Owners Association Management at wasl properties said:“wasl properties continues to gain the trust of the market place through its honest and transparent standards of service.


wasl launches “wasl square” in the heart of Jumeirah

wasl Asset Management Group (‘wasl’), the largest real estate management company in Dubai, has officially launched the first phase of wasl square, its new community development in the heart of Jumeirah which includes townhouses, apartments and retail space.Commenting on the launch, Zainab Mohammed, General Manager Property Management Department at wasl Asset Management Group, said: “We continue to deliver projects through the economic cycle supporting Dubai’s development programme and are proud to be launching wasl square in the heart of one of the most desirable parts of the City. Given its exceptional location and range of modern accommodation and retail outlets, I am confident wasl square will quickly become a vibrant community and one of the most sought after places to live.”wasl square is an integrated community development located in Jumeirah on the corner of Al Wasl Road and Hadiqa Street, with direct access to Sheikh Zayed Road.


wasl wins its second Owner Association management contract

wasl properties LLC, the property management arm of wasl Asset Management Group (‘wasl’), the largest real estate management company in Dubai, today announced it has been selected by the interim association general assembly and Ecostar International Holdings FZCO for association management services. This is wasl’s second association management contract win since the recent launch of this business line.Located at the Silicon Boulevard, Dubai Silicon Oasis, the 12-story Park Terrace and 15-story Park Avenue towers offer residential, commercial and retail units situated a few minutes away from the main shopping centres and attractions in Dubai. The contract includes the management of the towers in every respect including all technical, financial, commercial and facility aspects as per Dubai Jointly Owned Property Law.


wasl wins its first freehold market association management contract

wasl properties LLC, the property management arm of wasl Asset Management Group (‘wasl’), the largest real estate management company in Dubai, today announced it has been awarded a contract by ETA Star Property Developers appointing them as the owner association manager of Al Manara Tower in the Business Bay area.Mohammed Yahya, Sr. Director Commercial & Owner Association Management, wasl properties said: “This is a very significant contract representing wasl’s first move into the freehold owner association market. The freehold market represents a major area of growth for wasl. For over 30 years we have set the benchmark in Dubai for property and facilities management service delivery.


Mohammed bin Rashid visits wasl Group and endorses tourism projects worth two billion dirhams

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, visited today the headquarters of wasl Asset Management Group (wasl), a subsidiary of Dubai Real Estate Corporation (DREC).