Dubai's government developer — freehold + leasehold across dozens of districts.

Wasl Development

Q: What is the difference between Wasl and Dubai Properties?

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.

Q: Is Wasl a reliable developer?

Yes — fully backed by the Government of Dubai. Non-delivery risk is effectively nil. The new projects are run on schedule.

Q: What is Wasl Gate?

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%.

Q: What does the 'wasl living' platform mean?

Wasl's direct rental platform — you can lease your apartment through Wasl and receive professional property management. A service other developers do not offer.

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.

Opgericht 2008 Oprichter Government of Dubai Hoofdkantoor Dubai, United Arab Emirates ~800 employees RERA-geregistreerd

50,000+

Portfolio

Government-owned

Status

Freehold + Leasehold

Focus

DE STAAT VAN DIENST

Wasl Development's trackrecord.

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.

Opleveringsrecord

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.

Jaren actief

Over 17 years (since 2008). 50,000+ units under management + new freehold projects

Financiële kracht

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.

Opgericht2008

OprichterGovernment of Dubai

HoofdkantoorDubai, United Arab Emirates

TypeGovernment-owned · Dubai Real Estate Corporation

Actieve projecten16

Instapprijsvanaf 550K AED

SIGNATURE COMMUNITIES

Wasl Development vlaggenschip bestemmingen.

Freehold community near Energy Metro

Wasl Gate

A new development adjacent to Energy Metro Station on Sheikh Zayed Road. A blend of residential, retail and leisure. Metro proximity means consistent demand.

Apartment towers on SZR

Wasl 1

A luxury apartment complex directly on Sheikh Zayed Road, close to DIFC. Wrapped around Wasl Park.

Urban development near Downtown

Al Kifaf

A new development next to Zabeel Park and BurJuman Mall. A major metro interchange (Red + Green).

Retail complex

Wasl Vita Mall

A retail complex at the heart of the Wasl 1 and Al Kifaf developments.

WAT HEN ONDERSCHEIDT

Wat maakt Wasl Development bijzonder.

Vastgoedtypes Apartments in towersTownhousesVillasCommercial-retailHospitality

Prijssegment Mid-market

Kenmerkende stijl

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.

Betalingsplannen

Standard payment plans linked to construction. For new projects, 60/40 or 70/30 options are available.

DE EERLIJKE BLIK

Sterke punten & aandachtspunten.

Waar Wasl Development schittert

Government of Dubai backing — effectively zero delivery risk
Strategic locations — typically close to the metro and major arteries
A rental platform (wasl living) that offers a fit for buy-to-let
Yields of 6-7.5% in the new communities (Wasl Gate, Al Kifaf)

Aandachtspunten

Less brand recognition than Emaar / DAMAC — lower appeal for vacation rentals
Mid-market segment — neither luxury nor budget
Slower growth pipeline compared with private developers

17 ACTIEF PROJECTEN

Alle projecten van Wasl Development.

Live uit de catalogus — gesorteerd van laagste naar hoogste prijs. Klik op een kaart voor de volledige vastgoedpagina.

OFF-PLAN

Al Furjan · Dubai

GOED OM TE WETEN

Veelgestelde vragen over Wasl Development.

What is the difference between Wasl and Dubai Properties?+

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.

Is Wasl a reliable developer?+

Yes — fully backed by the Government of Dubai. Non-delivery risk is effectively nil. The new projects are run on schedule.

What is Wasl Gate?+

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%.

What does the 'wasl living' platform mean?+

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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