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Press Releases


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.


Hesham Al Qassim Wins Property CEO of the Year

[Dubai- 20 September, 2016] His Excellency Hesham Abdullah Al Qassim, CEO of wasl Asset Management Group, has won the Property CEO of the Year award at the CEO Middle East Awards 2016. The prestigious accolade was awarded in recognition of the outstanding performance made both by him and the company he leads. Organised by ITP Publishing and held in conjunction with popular business publication CEO Middle East, this year’s awards were the programme’s tenth edition, with the ceremony held yesterday at the Four Seasons Resort Dubai at Jumeira Beach.Hesham Al Qassim’s Property CEO of the Year award publically acknowledges the tremendous role he has played in growing, developing and diversifying wasl’s real estate and property portfolio, as well his leadership and direction in project development and overall business growth.


 wasl Group Launches ‘Port Views’

wasl Asset Management Group, one of the largest real estate management companies in Dubai, has announced the launch of its new project ‘Port Views’. The new development, located in Bur Dubai near Port Rashid, will add quality residential, commercial and hospitality accommodation offerings to the market. The organisation confirmed that construction works have already started at the project site following recent awarding of the main contracts to four major contracting companies. The launch forms part of the company’s core objective to carry out tasks in line with Dubai’s strategic plans, and to meet the significant demand from tenants who are interested in living and working in this vibrant area. Hesham Al Qassim – CEO of wasl Asset Management Group said: “wasl’s strategy focuses on working in perfect harmony with the changes to Dubai’s real estate and hospitality sectors.


wasl properties adds an artistic touch to Al Karama

wasl properties, a subsidiary of wasl Asset Management Group, have announced the launch of a large art project, which will transform the facades of Karama Shopping Complex into an open street art gallery. The initiative aims to provide colourful and creative additions to the buildings, ensuring an enhanced shopping experience for the area’s residents and tourists.Chief Property Management & Marketing Officer at wasl properties, Zainab Mohammed said: “A key objective for wasl is to boost Dubai’s position as a leading destination to work, visit and live in, through a range of activities, partnerships and collaborations. This project will provide creative works produced by experts in street art, which will transform Karama Shopping Complex.


wasl properties Completes ‘wasl Oasis Mosque’ in its Muhaisnah Project

wasl properties, a subsidiary of wasl Asset Management Group, welcomed the holy month of Ramadan with the inauguration of ‘wasl Oasis Mosque’ at its wasl Oasis II project in Muhaisnah, which is located on Sheikh Mohammed Bin Zayed Road in close proximity to Sharjah.The real estate development and management company opened the doors of the mosque which was funded by wasl employees’ donations, to residents of wasl Oasis II and neighbouring areas.


Students Receive Smart New Equipment from wasl Asset Management Group

wasl Asset Management Group has equipped Al Jahiz Boys School in Dubai with an innovative ‘Smart Class Room’ that includes electronic devices and furnishings as part of their school maintenance CSR programme. A delegation headed by the CEO of wasl Asset Management Group, HE Hesham Al Qassim, visited the school recently to inaugurate the ‘Smart Class Room’ and oversee the areas which were supported by the company.Furthermore, the asset management company also carried out essential maintenance works which included fixing a football play area with rubber flooring, in addition to the installation of two sheds and new artificial grass for the kids’ play areas. The school maintenance services programme is part of wasl’s CSR activities that aims to enrich school environments and support education across Dubai.CEO of wasl Asset Management Group, Hesham Al Qassim said, “This initiative is part of wasl group’s efforts to give back to the community that we operate in.


Employees and Customers Lead the Way at wasl’s Blood Donor Day

Dubai, UAE, April 20, 2016: Employees and customers of wasl Asset Management Group showcased their commitment to society by donating blood at a mobile unit located at wasl’s corporate office on April 19th. The initiative was launched in-line with the Dubai Health Authority’s “Be the 1” Campaign which is promoted by global ambassador and football superstar Cristiano Ronaldo. The campaign saw wasl’s employees and customers lining up to do their part from 9AM through to 1PM, with the aim to use their resources towards the wellness of their community.“When we give blood, we connect with another human being on a community-level,” said Zainab Mohammed, Chief Property Management & Marketing Officer at wasl properties, a subsidiary of wasl Asset Management group.“This year’s blood donation drive plays a crucial role in the care and maintenance of the health of Dubai’s residents through ensuring readily available stocks of blood supply to Dubai’s hospitals and clinics.


wasl properties Completes Highly Anticipated ‘wasl hub’ in Karama

wasl properties has announced the successful completion of its highly anticipated wasl hub project. The real estate management company, a subsidiary of wasl Asset Management Group, has strategically aligned its projects with Dubai’s plan to provide residents in established areas of Dubai with quality living. Its recent projects include wasl hub and wasl duet in Karama along with wasl oasis II in Muhaisnah.wasl hub earned its name due to its vast 170,000 sq/ft. area, of which 60,000 sq/ft. has been allocated to over 70 retail shops and 32 restaurants and cafes.