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wasl updates government bodies on projects

Dubai, August 29, 2009

wasl, the asset management group owned by Dubai Real Estate Corporation (DREC), has updated officials of key Dubai Government organisations on the status of its completed and upcoming projects.

wasl offered details on the availability of residential accommodation at its Ras Al Khor, Muhaisnah and Rashidiyah developments.

“This is part of our strategy to focus on giving priority to government staff in terms of price, facilities and other special features,” said Hesham Al Qassim, CEO of wasl and Dubai Real Estate Corporation.

“We took them through wasl’s current and future projects, in addition to throwing light on demands in the leasing sector,” he added.

“The meetings offered detailed descriptions on a number of lease projects such as the Ras Al Khor project that is renamed ‘Samari Residences’ and the Muhaisnah project that has been divided into ‘wasl Oasis North’ and ‘wasl Oasis South’. We are also developing villas in Rashidiyah that were recently launched under the name of ‘Al Rahaal Townhouses’ and will soon be ready for leasing.”

wasl’s property management team further organised an open day at the Samari Residences, drawing a significant number of government employees to the site. The management said the project would be open for leasing to government employees as well as the general public in phases commencing October.

Samari Residences located close to the Dubai-Hatta Highway boasts a total built up area of 2.4 million sq ft with 19 residential buildings, making it the first significant community living development in the area.

A leading asset management company, wasl’s services include leasing of residential apartments and villas, commercial units as well as industrial land plots. – TradeArabia News Service




Tags: Projects | Dubai government | DREC | wasl |

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