Check the handover date
Every project has its own handover date and payment plan, written in the sale and purchase agreement. Read that clause before you reserve.
Wasl: Projects, Prices and Handovers
wasl Properties is the real-estate arm of wasl Asset Management Group, created by Dubai Real Estate Corporation to manage Dubai government property. Our catalogue lists {count} projects from {from}.
- wasl Asset Management established
- 2008
- Properties in its portfolio
- 25,000+
- Land plots
- 5,500
About
wasl Asset Management Group was established in 2008 to manage the property of Dubai Real Estate Corporation, formed in 2007 from two government entities. Its portfolio runs to 25,000+ residential and commercial properties and 5,500 land plots (wasl brochure, October 2023).
Prices run up to {to}. The projects are in Jabal Ali, Me’Aisem, Business Bay, Al Kifaf and Wasl1. Names include One Billion Tower, Boulevard Park 2 and Avenue Park Towers.
- Government-backedDRECDubai Real Estate Corporation, formed in 2007 by merging two Dubai government entities (wasl brochure, October 2023)
Projects by area
Where the developer builds.
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Track record
Delivery track record
- Properties in the portfolio
- 25,000+
- Land plots
- 5,500
Residential and commercial. Source: wasl corporate brochure, October 2023.
Over 350 million sq ft. Source: wasl corporate brochure, October 2023.
What to check before you buy
Know what government-backed means
Dubai Real Estate Corporation’s ownership tells you who stands behind wasl. Your protection on an off-plan unit comes from the project’s registration and the escrow account that holds your instalments.
Plan for the entry ticket
Prices start at {from}, so wasl suits larger budgets. Its long record is in managing property, so check the delivery record of the specific sales project you want.
Frequently asked questions
Who owns Wasl?
wasl Properties belongs to wasl Asset Management Group, which manages the portfolio of Dubai Real Estate Corporation, a body created in 2007 by merging two government entities (wasl brochure, October 2023). That is why we tag wasl as government-backed.
What if my Wasl project is late?
The handover date for your unit is written in the sale and purchase agreement, and in Dubai your instalments sit in an escrow account tied to the project. Check the date, the clause on delays and the construction progress before you reserve. Our guide to off-plan risk shows what to look at and when.
Can I resell a Wasl property before handover?
In Dubai, off-plan resales happen every year, and the conditions differ by developer and project: how much you must have paid, which fees apply and how the transfer works. We confirm the rules for your project before you reserve. Read more in our guide to reselling off-plan property.
Does Wasl offer payment plans?
Wasl sells its off-plan projects with instalment plans, and the terms differ from project to project and from launch to launch. We confirm the current plan with the developer and give you the date of that confirmation. This is free for you. The off-plan guide explains how plans are built.
What has Wasl delivered?
Properties in the portfolio: 25,000+. Residential and commercial. Source: wasl corporate brochure, October 2023.
How does Wasl compare with other developers?
Use our developer comparison to put Wasl next to other developers: where they build, what they sell and what they have delivered. We can also compare specific projects for you.
