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Press Releases


wasl Celebrates its Raising of UAE Standard

Dubai, UAE, November 3, 2015: wasl demonstrated its pride in the UAE flag by participating in the nation’s Flag Day, which was commemorated on November 3. The company celebrated the occasion by covering its Mankhool headquarters with a huge UAE standard emblazoned with the Pan-Arab colours of red, green, white and black, which symbolise Arabian unity. The company used the event to call for a commitment from every citizen and resident to rededicate themselves to the nation.“wasl is more than a renowned real estate organisation, it is an essential part of the fabric of society. As such, the company plays an important role in the life of the UAE, so it was an honour and a privilege to hoist the country’s shining emblem of unity over our headquarters.


wasl Plants a Yearly Reminder for Women to Undergo Breast Checks

[Dubai, UAE, October 31, 2015] – wasl Asset Management Group has come up with a novel idea to remind women to undergo yearly mammograms. As part of October’s Breast Cancer Awareness Month, the company has given away free cacti that have a unique feature; they produce a pink flower every twelve months.wasl’s initiative had two main aspects, to emphasise the fact that yearly mammograms enable early detection of breast cancer and to create a breast cancer awareness drive that goes beyond the usual ‘October Pink Month’ activities. The unique hybrid cactus chosen by wasl is known as the ‘Cereus-Echinopsis, which is easy to maintain and can be grown indoors.“Health promotion and the prevention of illness forms a vital part of wasl’s CSR activities for the community, so we felt it is important to participate in October’s Breast Cancer Awareness Month.


wasl Tenants Receive Opportunity to Give Blood and Save Lives

wasl properties gave its tenants in the Ras Al Khor area of Dubai the opportunity to give the precious gift of life this month. The subsidiary of wasl Asset Management Group, partnered with Dubai Blood Donation Centre (DBDC) to send a mobile blood donation unit to visit its Samari Residences, enabling wasl customers to donate life-saving blood.“wasl is more than just a real estate organisation, it is an essential part of the fabric of the UAE community. In this respect, it recognises its obligation to give back to society and to allow its stakeholders to do the same. DBDC plays an essential, life-saving role in the emirate and we are honoured to be able to partner with the group and provide a blood donation service for our tenants at Samari Residences,” said Zainab Mohamed, CEO Property Management and Marketing, wasl properties.wasl's blood donation camp saw a mobile unit – the ‘bus’ - visit Samari Residences.


wasl Asset Management Group wins Dubai’s first annual Happiness in the Workplace Award

[Dubai, UAE, October 18, 2015] –Honoured in an official ceremony hosted by the Dubai Chamber Centre for Responsible Business, wasl Asset Management Group has had the excellence of its working environment officially recognized.


Dubai, UAE, 4th Oct, 15
wasl properties Launches New Retail App

wasl properties has launched a new Retail App designed to maximise convenience for customers.


Hesham Al Qassim Reveals Optimism for Dubai’s Property Sector

[Dubai, UAE, September 7, 2015] – Dubai’s real estate market is undergoing a healthy correction which is confirming its maturity, says Hesham Al Qassim, CEO of wasl Asset Management Group. Speaking during a keynote address at the Cityscape Global conference, which took place yesterday at the Conrad Hotel, Dubai, Al Qassim stated his belief that the current situation bodes well for the future of the city’s property sector, with continued stability likely over the coming years.Al Qassim used the conference, which precedes the September 8-10 Cityscape Global exhibition, as a platform to highlight the conditions that he says are giving him optimism for the future. He stated that the property market was being sustained by the strength of the UAE economy, with the current correction being experienced likely to last until the end of 2016.


wasl-owned Hyatt Place Baniyas Square Opens for Business

Dubai, UAE, August 1, 2015: wasl Hospitality & Leisure has announced the opening of Hyatt Place Baniyas Square in Dubai. The new facility from the hospitality subsidiary of wasl Asset Management Group – Dubai’s leading real estate development and management organisation – is the second Hyatt Place hotel in the Middle East and marks wasl and the Hyatt Hotels Corporation’s extension of the mid-range hospitality brand in Dubai.The opening of Hyatt Place Baniyas Square follows wasl Hospitality & Leisure’s launch of the Hyatt Place Al Rigga in May 2014, which brought the brand to the Middle East for the first time.


wasl Announces Grand Prize Winner from Ramadan Arts Competition

[Dubai, UAE, July 28, 2015] – A talented young artist has received AED 25,000 to put towards his education thanks to wasl properties. Dubai’s leading real estate organisation has revealed the overall winner from its Ramadan Painting Competition, with 13 year old Daniel Densley De Jesus Chavenia announced as the recipient of the top prize.  wasl's Ramadan Painting Competition is an annual holy month contest the company organises for its young tenants. Daniel, a resident at wasl’s R440 Building, scooped the grand prize by impressing the judges and the public voters with his beautiful composition of the spirit of the holy month. His entry was deemed the best from the four weeks of the competition, which also handed weekly winners an iPad each. “We were delighted to be able to award Daniel with AED 25,000 that will go towards his education fees and hopefully allow him to develop his obvious great skills as an artist even further.


wasl Announces First Week Winners from Ramadan Arts Competition

[Dubai, UAE, July 04, 2015] – wasl properties has announced the results of the first week of its Ramadan Arts Competition for wasl tenants, with two lucky winners awarded a great prize each as a reward for their creative skills. The annual activity from the company is currently open to adults and children, meaning that all generations of wasl tenants have the chance to showcase their artistic skills and win big throughout the duration of the holy month. The winner of the first instalment of wasl’s Ramadan Children’s Painting Competition is Fatima Suraj, a 9-year old living in Samari Residences who scooped a brand new iPad for her efforts.


wasl properties Enters into the Spirit of Ramadan with Distribution of Iftar Meals

Dubai, UAE, June 27, 2015: wasl properties has entered into the spirit of Ramadan with the supply of Iftar meals for a number of its tenants and labors in Dubai. The property management division of wasl Asset Management Group has joined with charitable institution Beit Al Khair to distribute daily fast-breaking suppers at Muhaisnah, Ras al khor and Al Quoz.“wasl is an integral part of the fabric of the UAE and such is keen to play an active community role at this special time of year.