Wasl Properties is a unique phenomenon in the Dubai property market. It is not just one of the largest developers in the country, but a city-forming institution that has been actively involved in forming the emirate's identity for more than 15 years. The company's history began in 2008, when the Dubai Development Board and the Department of Real Estate merged by government decision, resulting in the creation of a powerful organisation with a special status and wide-ranging authority. Today, under the leadership of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum and CEO Hesham Abdullah Al Qassim, the company manages truly colossal assets. The developer's portfolio includes 50,000+ residential and commercial properties, 32 hotels and hotel complexes, around 5,500 land plots, and several large-scale master development projects across the emirate.
Wasl Properties is unique in its dual nature — on the one hand, it is a commercial organisation that follows market trends, and on the other hand, it is an important tool for implementing the government's development strategy for Dubai. This special position allows the company to successfully balance commercial efficiency and social responsibility. This is how Wasl manages to create projects that both bring profit and solve important urban development tasks of the emirate. Today, the company is one of the key participants in the ambitious Dubai 2040 Urban Master Plan programme.
Wasl's activities cover almost all aspects of urban development: from affordable housing to premium residences, from commercial property development to hotel management. At the same time, the company never limits itself to standard construction — each of its projects is carefully thought out and supplemented with developed infrastructure, green areas, services and other components important for comfortable life. The integrated approach of the developer was not left unnoticed — Wasl has been repeatedly honoured with prestigious awards. The company's honours include the Dubai Quality Award in the Service category and the CSR Label from the Dubai Chamber for its contribution to corporate social responsibility.
An important milestone in the company's activity was a large-scale project, Wasl Gate, implemented in the strategically important Jebel Ali area. This residential cluster is designed according to the principle of ‘city within a city’. Residential complexes, shopping galleries, office buildings, recreation and entertainment areas harmoniously coexist here. A significant part of the project is South Garden, where a special approach to creating a residential environment has been applied. The development offers a variety of property formats — from compact studios to spacious 3-bedroom apartments by Wasl. All residences are characterised by thoughtful layout and high quality finishes. The main feature of South Garden is the emphasis on landscaping and the formation of a comfortable social environment with courtyards, pedestrian areas, playgrounds and public spaces.
The geography of property by Wasl covers almost all key areas of Dubai — from the historic centre of Deira and Bur Dubai to the prestigious Jumeirah and Al Barsha. The company actively implements advanced energy-saving technologies, smart home systems and other innovative solutions in its projects, which allows it to remain at the top of the region's eco-friendly construction. For example, Sola Residences is a modern residential complex with studios and apartments located next to the multicultural space Corridor of Tolerance and oriented towards representatives of the creative class and young professionals. The developer offers a fundamentally different concept in Avenue Park Towers — premium apartments and duplexes surrounded by picturesque green areas. This property by Wasl Properties strikes a perfect balance between urban comfort and natural surroundings. Another landmark project is One B Tower, a skyscraper located on Sheikh Zayed Road. It offers properties with breathtaking views of the Dubai Water Canal and features 1-5 bedroom apartments, duplexes and penthouses by Wasl Properties. This is a great option for those looking for luxury accommodation in the heart of the emirate.
Considering the scale of already completed projects and the quality of the company's work, it is safe to say that Wasl Properties will continue to be one of the main drivers of the emirate's development. The company offers innovative approaches to urban planning and creation of residential environments, thus shaping global trends. The developer has ambitious plans to expand its portfolio by 30% in the coming years and to make the buying of property by Wasl a cost-effective and forward-looking choice.
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