Press Releases

wasl properties Completes 'wasl district'

Dubai, United Arab Emirates, 26 December 2017: wasl properties, a subsidiary of wasl Asset Management Group, has officially completed wasl district – the company’s heritage project in the Naif area of Deira. The project fulfils wasl’s mission to maintain the city’s rich history, and follows the launch of wasl district Souq in 2015.Zainab Mohammed, Chief Property Management and Marketing Officer at wasl properties said: “wasl district project is underpinned by wasl’s deep respect and appreciation for the UAE’s heritage, and the company’s ongoing efforts to preserve and share it by revitalising older areas of Dubai. Through culturally inspired real estate projects like wasl district, wasl is celebrating areas of the city that may otherwise be overlooked while also providing residents with a development that offers the perfect mix of old and new. The final phase of the project incorporates residential, retail and office components.

wasl releases its third tower for sale at Park Gate Residences

After successfully selling out the first two towers of its flagship wasl1 project in under a month, wasl Asset Management Group, one of the largest real estate management and development companies in Dubai, has released the third tower of Park Gate Residences for sale onto Dubai's freehold property market.The three towers are part of Park Gate Residences, phase 1 of the wasl1 project, which is the company's iconic parkside freehold master development in the heart of Dubai and is strategically located directly overlooking Zabeel Park and near the Dubai Metro. It is also the first freehold project to be developed in the Zabeel area.Zainab Mohammed, Chief Property Management & Marketing Officer at wasl properties, commented: “Our unmatched success in selling Towers C and D at Park Gate Residences demonstrates the accuracy of our expectations for this project and highlights the excellent features it offers residents.

wasl properties releases ‘wasl Opal’ for leasing

Dubai, United Arab Emirates, 25 October 2017: wasl properties, a subsidiary of wasl Asset Management Group, has released its highly anticipated ‘wasl Opal’ building for leasing, bringing 90 new residential units and additional retail spaces in Umm Hurair, close to Karama Central Post Office. The project reflects wasl’s mission to provide Dubai’s real estate market with much needed mid-range housing in strategic areas across the city.‘wasl Opal’ offers residents a highly strategic location that links them with all parts of Dubai, as well as meticulously finished apartments, modern amenities, and a wide range of retail and leisure opportunities on their doorstep.At ‘wasl Opal’, tenants have the option of one, two or three bedroom apartments, some with a maid’s room, ranging from 1,002 to 2,051 square feet in size.

200 units were sold in wasl1 within few hours

Dubai, United Arab Emirates, 23 October 2017: wasl Asset Management Group, one of the largest real estate management and development companies in Dubai, has taken a leading position in Dubai's freehold market following the announcement of its flagship freehold project, wasl1. The project features exceptional and unprecedented property standards, highlighting wasl’s commitment to promoting the freehold sector and consolidating Dubai as the world’s preferred destination for investing, working, living and visiting.wasl1 provides customers with family-friendly apartments at a competitive service fee of AED 14 per square foot.

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.