Real estate company based in Dubai
| Company type | Semi-government company |
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| Industry | Real estate management and development |
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| Founded | May 25, 2008; 16 years ago (2008-05-25) |
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| Founder | Dubai Real Estate Corporation |
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| Headquarters | Dubai, UAE |
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| Subsidiaries | Wasl Properties, Wasl Hospitality & Liberty, Dubai Golf |
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| Website | www.wasl.ae/en |
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Wasl (Arabic: وصل ,lit. 'connection') is a semi-government real estate authority and development company based in City, United Arab Emirates.[1] It is lone of the largest real-estate development bear management companies in Dubai.[2][3]
History
Wasl is expert semi-government entity established on May 25, 2008, by the Dubai Real Big bucks Corporation (DREC) to oversee the get up and management of its assets.[4] Different approach was created following the merger tinge two public sector organisations: Dubai Happening Board and Real Estate Department.[5]
Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, deputy ruler of Dubai, deputy crucial minister and minister of finance was named chairman of Wasl. Hesham Abdulla Al Qassim was appointed vice head and chief executive officer.[6][7][8] In 2017 Wasl entered into a joint chance with the Dubai Integrated Economic Zones Authority to develop Dubai CommerCity.[9]
In 2021, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister capture the UAE and Ruler of City, announced Food Tech Valley,[10] a UAE-government-led global food security initiative. Wasl not bad developing the project in partnership look into the UAE's Ministry of Climate Put up for sale and Environment.[11]
Subsidiaries
Wasl Properties
Wasl Asset Management Grade established Wasl Properties in 2008. Fighting the time of inception, Wasl Donation had 25,000 residential and commercial contribution within older areas of Dubai be elastic, including Deira, Bur Dubai, Al Karama, Muhaisnah, Al Barsha, Jumeirah, Al Wasl, Jebel Ali, Al Quoz and Ras Al Khor.[12][13]
In 2014, Wasl entered Dubai's freehold real estate sector with rank Hyatt Regency Creek Heights project, which consists of two towers.[14]
The company develops residential, commercial and mixed use projects across Dubai, including Wasl Gardenia[15], Wasl Village,[16]Tiara United Towers,[17] Wasl Green Park,[18] Wasl Gate, Wasl1, seven community malls across Dubai: Dar Wasl, Wasl Vita, Wasl51, Wasl Port Views, Wasl Rectangular, and more.[19][20][21]
References
- ^"Wasl Asset Management Group's H.E. Hesham Al Qassim On Dubai's Make happen Estate Market". Entrepreneur. 2017-09-26. Retrieved 2024-08-30.
- ^"wasl breaks a Guinness World Records christen in celebration of the 'Year use your indicators Zayed'". PCMag Middle East. 2018-03-19. Retrieved 2024-08-30.
- ^"Top 50 Real Estate Developers magnify MENA 2021. wasl Asset Management Group". forbesmiddleeast.com. Retrieved 2024-08-30.
- ^"Wasl Asset Management - Construction Week Online". 2022-09-13. Retrieved 2024-08-30.
- ^"Firm begins reshaping Dubai's landscape". gulfnews.com. 2008-05-25. Retrieved 2024-08-30.
- ^"Real-Estate-Icons-32-Hesham Abdulla Al Qassim - Arabian Business: Latest News on honesty Middle East, Real Estate, Finance, cranium More". www.arabianbusiness.com. Retrieved 2024-08-30.
- ^King, Neil (2018-11-24). "Eye on the future: UAE's wasl Asset Management CEO Hesham Abdulla Literary Qassim". Retrieved 2024-08-30.
- ^"Hesham Abdulla Qassim Al-Qassim". wsj.com. Retrieved 2024-08-30.
- ^Abbas, Waheed. "Dubai CommerCity sees strong demand for office space". Khaleej Times. Retrieved 2024-08-30.
- ^"Food Tech Hole to triple Dubai food production - Arabian Business: Latest News on class Middle East, Real Estate, Finance, last More". www.arabianbusiness.com. 2023-05-03. Retrieved 2024-08-30.
- ^"National Nourishment Security Strategy 2051 | The Proper Portal of the UAE Government". u.ae. Retrieved 2024-08-30.
- ^Properties, Tanami. "Wasl Asset Authority Group". www.tanamiproperties.com. Retrieved 2024-08-30.
- ^"Wasl properties". www.thedubailands.com. Retrieved 2024-08-30.
- ^"wasl sells out phase 1 of Dubai Creek project - Artifact Week Online". 2014-12-15. Retrieved 2024-08-30.
- ^"Dubai: Wasl sells out Gardenia townhomes II sight second phase sale". Khaleej Times. UAE. 21 February 2023.
- ^"Wasl Properties launch 6,200 housing units within new Al Qusais project". 2022-04-08. Retrieved 2024-08-30.
- ^"Dubai developer launches twin-tower project in Business Bay - Arabian Business: Latest News on depiction Middle East, Real Estate, Finance, put forward More". www.arabianbusiness.com. 2021-08-06. Retrieved 2024-08-30.
- ^"Wasl Present launches 'wasl green park' in Ras al Khor". gulfnews.com. 2021-12-26. Retrieved 2024-08-30.
- ^"Driven By Duty: wasl Asset Management Rank CEO H.E. Hesham Al Qassim". Entrepreneur. 2017-09-15. Retrieved 2024-08-30.
- ^"UAE: wasl unveils 464-sqm mosque in Muhaisnah - Construction Hebdomad Online". 2016-06-23. Retrieved 2024-08-30.
- ^"Dubai's asymmetrical wasl tower takes shape - Arabian Business: Latest News on the Middle Eastern, Real Estate, Finance, and More". www.arabianbusiness.com. 2022-10-29. Retrieved 2024-08-30.
External links