Wasl is one of Dubai’s largest real estate development and asset management groups. Established in 2008, the company develops and manages residential, commercial, hospitality, leisure and freehold properties across the emirate.
The group was created by the Dubai Real Estate Corporation following the integration of the Dubai Development Board and Real Estate Department. This government-backed structure gives Wasl an important role in managing and expanding Dubai’s property assets.
Its portfolio includes more than 55,000 residential and commercial properties, over 35 hotels and hotel apartments, approximately 5,500 land plots, four freehold master developments and seven golf clubs. Major developments include Wasl1, Wasl Gate, Wasl Village, Wasl 51 and Jumeirah Golf Estates.
Wasl was established on 25 May 2008 to develop, manage and expand the real estate assets of Dubai.
55,000+
Properties
The group manages an extensive portfolio of more than 55,000 residential and commercial properties across the emirate.
Wasl was established by the Dubai Real Estate Corporation and forms part of Dubai’s government-owned property platform.
Wasl combines government backing, extensive property management experience and a diversified real estate portfolio across Dubai.
For sale
Avenue Park Towers 1 at Wasl 1
Al Kifaf
Avenue Park Towers offers spacious apartments and duplexes with Zabeel Park views, modern amenities and direct Metro connectivity.
From: AED 2.11M
Completion date:
Q3 2029
Payment plan:
60/40
View details
For sale
Boulevard Park at Wasl Gate
Jabal Ali 1
Boulevard Park offers modern residences, family amenities and direct metro connectivity within the vibrant Wasl Gate community.
From: AED 1.41M
Completion date:
Q4 2029
Payment plan:
60/40
View details
Few Units Left
Wasl1 1 Residences
Al Kifaf
1 Residences offers ready apartments and duplexes with parkside views, rooftop amenities and direct access to central Dubai.
From: AED 3.71M
Completion date:
Q2 2022
Payment plan:
40/60
View details
Wasl offers structured payment plans that vary according to the development, property type and current sales release. Off-plan payments are generally divided between an initial reservation amount, scheduled instalments during construction and a remaining balance payable at handover. Ready properties may be subject to different purchasing or mortgage arrangements. Buyers should confirm the latest prices, registration fees, availability and payment terms before reserving a property.
Wasl properties may appeal to investors seeking homes developed or managed by an established government-backed real estate group. Its extensive presence across Dubai provides access to central districts, established neighbourhoods and newer freehold communities.
Developments such as Wasl1 benefit from proximity to Downtown Dubai, DIFC, Sheikh Zayed Road and the metro network. Wasl Gate serves demand around Jebel Ali and Dubai South, while Jumeirah Golf Estates targets buyers seeking larger homes and golf-community living.
The group’s asset management experience may support long-term community operations and property maintenance. However, investment performance will depend on the individual project, purchase price, service charges, unit type, surrounding supply and local rental demand.
