Wasl
wasl is a Dubai real estate developer and asset manager. wasl Asset Management Group was established in 2008 to manage the property portfolio of the Dubai Real…
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About Wasl
wasl is a Dubai real estate developer and asset manager. wasl Asset Management Group was established in 2008 to manage the property portfolio of the Dubai Real Estate Corporation (DREC), a Dubai government entity. Its chairman is HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, and its CEO, HE Hesham Al Qassim, is also Vice Chairman of DREC.
wasl says it manages over 25,000 units on behalf of the Dubai Government and other owners, and holds the largest portfolio of residential units in the city. Its portfolio also includes hotels and leisure assets such as Mandarin Oriental, One&Only The Palm, Grand Hyatt Dubai, Emirates Golf Club and Dubai Creek Golf & Yacht Club.
Highlights of Wasl
wasl's freehold homes for sale are concentrated in three master developments: Wasl 1 in Za'abeel First (Al Kifaf), Wasl Gate in Jebel Ali, and Jumeirah Golf Estates.
- Jumeirah Golf Estates - The Next Chapter: a master plan announced in May 2025 covering 4.68 million sqm in Me'aisem First, with 12,345 new homes planned for over 51,700 residents
- Current releases: Nine Collective and Avenue Park Towers II at Wasl 1, Boulevard Park and Hillside Residences at Wasl Gate, and Cedarwood Estates, Pinewood Estate Homes and Ashwood Estates at Jumeirah Golf Estates
- One B Tower: a 47-storey tower on Sheikh Zayed Road that wasl says is set to be completed in 2027
- South Garden at Wasl Gate: wasl reported that all 768 units sold within 48 hours of launch in October 2024
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Click to WhatsAppAbout Wasl
wasl Asset Management Group was established in 2008 to manage the asset portfolio of the Dubai Real Estate Corporation (DREC), a Dubai government real estate entity. Its CEO, HE Hesham Al Qassim, is also Vice Chairman of DREC, and HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum is Chairman.
wasl says it manages over 25,000 units on behalf of the Dubai Government and other owners and holds the largest portfolio of residential units in Dubai. It also manages hotels and leisure assets including Mandarin Oriental, Grand Hyatt Dubai, Emirates Golf Club and Dubai Creek Golf & Yacht Club.
wasl's current freehold releases include Nine Collective and Avenue Park Towers II at Wasl 1 (Al Kifaf), Boulevard Park and Hillside Residences at Wasl Gate (Jebel Ali), and Cedarwood Estates, Pinewood Estate Homes and Ashwood Estates at Jumeirah Golf Estates. Contact Seven Century for current availability and prices.
It is a master plan wasl announced in May 2025, covering 4.68 million sqm in Me'aisem First. wasl plans 12,345 new homes there for more than 51,700 residents, alongside golf, equestrian and tennis facilities.
Yes, in freehold areas. wasl's own FAQs say foreign buyers can purchase freehold property in Dubai's designated areas with full ownership rights, and projects such as Nine Collective are freehold and open to international buyers.
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