Wasl Properties
Roots & Vision
Wasl Properties was born on May 25, 2008, when the Dubai Real Estate Corporation merged its Development Board with the Real Estate Department to form a unified asset manager—Wasl Asset Management Group—tasked with transforming Dubai’s urban fabric (wasl.ae, Wikipedia). From day one, the mission has been clear: “connect people, places and possibilities.”
Corporate Structure & Family
Parent
Wasl Asset Management Group (semi-government entity under DREC) (Datanyze)
Chairman
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum
CEO
H.E. Hesham Abdulla Al Qassim, recognized among Dubai’s most influential leaders.
Subsidiaries
Wasl Properties (residential & commercial development)
Wasl Hospitality & Leisure (hotel and F&B operations)
Dubai Golf (course development & management)
Business Divisions
Residential & Commercial Development
Manages over 47,000 units in legacy neighbourhoods (Deira, Bur Dubai, Al Karama, Barsha, etc.) and freehold projects across Dubai (mayak.ae).
Community-Scale Masterplans
From Food Tech Valley—a government-led agri-innovation hub—to Dubai CommerCity (e-commerce logistics free zone), Wasl partners on city-shaping ventures (Wikipedia).
Facilities & Leasing
Through e-services and Owners’ Associations, Wasl ensures seamless property management—school pickups, landscaping, community events and more (wasl.ae).
Signature Communities & Projects
Wasl Gardenia (Al Qusais)
A gated townhouse community that sold out its second phase within weeks—offering 2–3 bedroom units around central parks and pools (Wikipedia).
Tiara United Towers (Business Bay)
Two sleek high-rises delivering 424 premium apartments with Sheikh Zayed Road and Downtown views—the developer’s first landmark in Business Bay (mayak.ae).
Wasl Green Park (Ras Al Khor)
Eco-friendly villas and townhouses set alongside landscaped wetlands and cycling trails—Dubai’s answer to suburban serenity (Wikipedia).
Wasl Village & Dar Wasl Malls
Seven neighbourhood malls anchoring communities from Muhaisnah to Discovery Gardens, each blending retail, dining and family-friendly entertainment (wasl.ae).
Milestones & Achievements
2008
Establishment of Wasl Properties (25 May)
2014
Entry into freehold sector with Hyatt Regency Creek Heights
2017
Joint venture to develop Dubai CommerCity free zone
2021
Launch of Food Tech Valley in partnership with UAE Ministry of Climate Change & Environment
2022
Guinness World Record for ‘Most Flags Installed’ in a Public Event
2023
Over 60 % portfolio occupancy, spanning 35,000+ buildings
Why Choose Wasl Properties?
Government-Backed Stability
As a semi-government entity, Wasl delivers on promises—on time, on spec.
End-to-End Communities
From homes and malls to schools and parks, Wasl crafts fully integrated lifestyles.
Diverse Investment Options
Flexible payment plans on townhouses, apartments and freehold towers—catering to first-time buyers and seasoned investors.
Sustainability & Innovation
Pioneering green precincts and tech-driven hubs like Dubai CommerCity and Food Tech Valley.
Contact us to Know More About Wasl Properties OFF-Plan Properties For Sale
With deep roots in Dubai’s past and a clear blueprint for its future, Wasl Properties continues to connect residents to meaningful experiences—one community at a time
