Wednesday 16 October 2019

Wasl releases first building in Dubai Port Rashid project

DUBAI, June 19, 2019

Wasl properties, a subsidiary of wasl Asset Management Group, has announced the release of the first building within its unique ‘wasl port views’ development, which is located adjacent to Port Rashid between Al Mina Road and Jumeirah Beach Road.

The launch comes as part of wasl’s plans to add quality residential, commercial, and hospitality accommodation offerings to the market and meet the significant demand from tenants interested in living and working in this vibrant area, said the Dubai developer in its statement.

The building will offer 270 modern units, comprising 90 one-bedroom apartments that range in size between 914.6 and 1,011 sq ft and start from Dh67,000 in annual rent; 66 two-bedroom units, ranging in size between 1,367 and 2,097 sq ft and starting from Dh90,000 in annual rent; 66 two-bedroom units with maids rooms, ranging in size between 1,463 and 1,743 sq ft and starting from Dh95,000 in annual rent; and 48 three-bedroom units with maids rooms, ranging in size between 1,743 and 2,646 sq ft and starting from Dh121,000 in annual rent.

The launch of the first building of this unique project in a strategic location will further add to wasl’s existing portfolio of leasehold properties across Dubai, said the statement.

Wasl port views will be handed over in phases and is expected to be fully completed by 2020.

Presenting a contemporary lifestyle in a beautifully landscaped community by the sea, wasl port views comes as part of the developer’s mandate to consistently cater to all areas and segments of Dubai by introducing exceptional properties in prominent areas that aim to uplift communities and instill happiness in the hearts of residents, it added. 

The wasl port views spans 941,185 sq ft and comprises 1,465 residential units of various sizes, spread across 10 buildings, as well as several retail stores and restaurants that offer all of the necessary services for tenants to enjoy a comfortable lifestyle.

A variety of the residential units will also come with sea views, and all the apartments will be complemented by superior interior finishing and high-quality fittings.

On completion, the project will also provide the market with two hotels that include 449 rooms and 84 serviced apartments, said the developer.

The key amenities include a beautiful pool, gym and a community central park as well as 19 retail outlets that are easily accessible from residents’ doorstep, it added.-TradeArabia News Service


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