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Press Releases


In cooperation with DEWA, Smart Dubai, Emirates NBD, and the General Directorate of Residency and Foreigners Affairs

Dubai, United Arab Emirates, 11 October 2017: wasl Asset Management Group, Dubai Land Department (DLD), Dubai Electricity & Water Authority (DEWA), the Smart Dubai Office, Emirates NBD, and the General Directorate of Residency and Foreigners Affairs (GDRFA) have jointly announced the launch of a new electronic services system for registering and renewing smart real estate leases using blockchain technology.


wasl Asset Management Group forges ahead with Phase 1 of wasl1

Dubai, United Arab Emirates, 20 August 2017: wasl Asset Management Group, one of the largest real estate management and development companies in Dubai, is forging ahead at wasl1 – the company’s iconic parkside freehold master development in the heart of Dubai. Enabling works are now underway following the appointment of Kele Contracting for Phase 1 of the project. Hills & Fort Construction LLC is also on site managing the infrastructure for the entire development, which is taking shape as part of wasl’s growing freehold portfolio.His Excellency Hesham Al Qassim, CEO of wasl Asset Management Group, commented: “wasl1 is the latest milestone in our mission to provide Dubai with community living spaces that blend the best of city living with a lifestyle surrounded by bliss. We are especially proud of this project, which is our first master development and reflects Dubai’s vision for the freehold sector.


wasl marks ‘Zayed Humanitarian Day’ with a range of initiatives

wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, has launched a range of charitable and humanitarian initiatives to commemorate ‘Zayed Humanitarian Day’, which is celebrated annually on the 19th day of Ramadan and fell on the 14th June this year.The company has expanded its charitable activities to ensure that they reach the highest number of beneficiaries, in line with the objectives of the UAE’s ‘Year of Giving 2017’ and to uphold the charitable spirit of the holy month, while also reflecting the giving nature of the late Sheikh Zayed Bin Sultan Al Nahyan, who planted this value in the hearts of everyone in the UAE.The initiatives organised by wasl aimed to honour the noble qualities of the late founder of the UAE, and the good that he spread across the world by giving to the needy and alleviating the suffering of the sick, poor and homeless.


wasl properties Launches wasl topaz in Umm Hurair

wasl properties, a subsidiary of wasl Asset Management Group, has announced the launch of wasl topaz in Umm Hurair. The development will provide prospective tenants in this vital area of the city with 90 new residential units, ranging from one and two bedroom apartments to larger three bedroom apartments with dedicated maids’ rooms.wasl topaz in an important addition to the Umm Hurair area, where demand for contemporary developments is high. The new project will address this demand by offering modern residences that are complemented by a variety of luxurious facilities, including a swimming pool, separate gyms for men and women, and covered parking for residents.To incorporate more convenient features, the ground floor will be dedicated to retail shops, meaning that residents will have everything they need right on their doorsteps.


wasl properties Launches Ramadan Arts Competitions to Celebrate the Holy Month

wasl properties – Dubai’s leading property management and development company – is celebrating creativity this holy month, with special Ramadan Art competitions that reward artistic flair with exceptional prizes. The annual competitions welcome participation from all ages, with a painting challenge for children and a photography contest for adults.


wasl celebrates the ‘Year of Giving’ by organising a blood donation drive

wasl has organised a blood donation drive in collaboration with the Dubai Blood Donation Centre. wasl Group’s employees and customers showed their ongoing commitment to society by donating blood at the mobile unit that visited the company’s headquarters yesterday. The initiative took place from 9am to 1pm and aimed to help those in need of crucial blood.Zainab Mohammed, Chief Property Management & Marketing Officer at wasl properties said: “wasl is pleased to support the ‘Year of Giving 2017’ initiative by launching activities and events which emphasise our commitment to  serving all segments of society and easing pain wherever possible.


wasl properties Releases Exceptional dar wasl Apartments Onto the Market

Dubai, 09 April 2017:  , the leading Dubai property management and development company and a subsidiary of wasl Asset Management Group, has launched its exceptional dar wasl apartments following the release of the first set of villas at the project last year. The upscale community offers a collection of premium high-quality residences in the heart of Jumeira – one of the most coveted neighbourhoods of Dubai.Zainab Mohammed, Chief Property Management and Marketing Officer at wasl properties, commented: “Situated at the heart of Jumeira next to Safa Park and Dubai Canal, dar wasl is set apart by its stunning location and beautiful blend of Andalusian-inspired architecture with modern conveniences. The development offers residents a completely integrated and convenient lifestyle, by providing a full suite of on-site amenities and also putting them in close proximity to a network of schools, hospitals and shopping destinations.


Dubai, UAE, 14th Mar, 17
wasl Launches Karama Bazaar

wasl Asset Management, one of the largest real estate development and management companies in Dubai, has announced the launch of wasl Karama Bazaar, which will provide free stalls for Emirati small business owners. The event will be hosted at the Karama Central Market within wasl buildings, and will run from March 16 until April 7, 2017 on Thursdays and Fridays from 4-10 pm. This initiative is part of a series of activities the company will carry out for the 2017 Year of GivingAt the non-profit event, 28 local entrepreneurs will be provided free stalls to support their commercial activities, where they will display a variety of products, ranging from clothes, accessories and dukhoon, to handicrafts, food and beverages. The Karama Bazaar will provide a boost to small-to-medium size Emirati businessmen, and communicates wasl’s commitment towards all segments of the local community.


wasl properties Launches wasl quartz in Umm Hurair

wasl properties, a subsidiary of wasl Asset Management Group, has announced the launch of ‘wasl quartz’ in Umm Hurair. The development will provide interested tenants with residential units within an area that faces high demand for contemporary properties.The leading real estate management company will offer 66 units consisting of one and two bedrooms, in addition to one, two and three bedroom units with a maid’s room. The building also includes retail units at the ground floor and its amenities feature a female and male gym, a swimming pool and covered parking.Zainab Mohammed, Chief Property Management & Marketing Officer at wasl properties said: “Umm Hurair continues its dynamic transformation with the vibrant community recently gaining several new projects. The ‘wasl quartz’ launch reaffirms our efforts towards redeveloping older areas of Dubai.


wasl properties Launches its Latest Project in Jumeira

wasl properties has announced the first phase launch of its mixed-use development ‘wasl 51’ in Jumeira. The real estate management company, a subsidiary of wasl Asset Management Group, has started leasing 24 villas during the first stage of a phased programme. The launch forms part of the company’s strategy to provide luxurious developments in premium locations across Dubai. Zainab Mohammed, Chief Property Management & Marketing Officer at wasl properties said: “wasl properties is delighted to start leasing its first batch of villas at ‘wasl 51’, our latest mixed-use development in Jumeira.