
Wasl is a real-estate holding company owned by the Government of Dubai (Dubai Real Estate Corporation). It differs from other developers — managing a vast rental portfolio (50,000+ units) while also building new freehold. Its projects include Wasl Gate (Energy Metro), Wasl 1 (Sheikh Zayed Road), Al Kifaf (Zabeel Park), and more. It is regarded as one of the largest asset managers in Dubai.
The developer with the most diversified portfolio in Dubai. Unlike Emaar/DAMAC, which sell new units, Wasl also leases directly (through its own platform: wasl living). Its new projects are well branded and anchored in premium locations.
Wasl operates on two fronts — managing an established leasehold portfolio (50,000 units) and developing new freehold projects. Non-delivery risk is effectively nil thanks to its government backing.
Over 17 years (since 2008). 50,000+ units under management + new freehold projects
Fully backed by the Government of Dubai. Recurring income from the portfolio (50,000+ leased homes) provides stable cash flow that funds new developments. Financial risk is very low.
Wasl is a multi-purpose developer — not tied to a single design pattern. Its hallmark: practical developments around metro interchanges (Energy Metro at Wasl Gate, BurJuman at Al Kifaf). There is an emphasis on appealing to expatriates working in Dubai.
Standard payment plans linked to construction. For new projects, 60/40 or 70/30 options are available.
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Wasl manages a vast rental portfolio (50,000+ units) and also develops new freehold. Dubai Properties is primarily freehold only. Both sit under the Government of Dubai.
Yes — fully backed by the Government of Dubai. Non-delivery risk is effectively nil. The new projects are run on schedule.
A new freehold development by Wasl near Energy Metro. A blend of residential, retail and leisure. A rare location with direct access to the metro and SZR. Expected yields of 6-7.5%.
Wasl's direct rental platform — you can lease your apartment through Wasl and receive professional property management. A service other developers do not offer.
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