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Wasl Asset Management Group

Wasl was organized by Dubai Real Estate Corporation (DREC) on 25 May 2008 to supervise its asset management and to expand its real estate portfolio. Its primary goal is to enhance the position of Dubai as the main hub in which travelers reside and work at the same time.

The Dubai Development Board and Real Estate Department were formed following the merger between two government agencies and have been focusing on a variety of key business sectors, particularly project and real estate management, tourism, and investment advisory.

The successful combination and integration involved evolving operating practices, evolving skill sets, and the introduction of investment strategies that are guided by the market. Today, Wasl is one of Dubai’s largest property managers.

Wasl functions via its broad real estate portfolio, which it operates on behalf of DREC and others, across a wide variety of industries. These sectors include residential and trade properties, industrial properties, and arts and recreation sectors, as well as hotel rooms and apartment complexes serviced.

Thanks to its direct and indirect contributions to economic development, Wasl seeks to further boost Dubai 's performance. Wasl symbolizes the company's close friendship with all its performers. As a customer-oriented firm, they focus on building heritage of trust and confidence as a responsible corporation and an innovation framework in asset management.

The reason for the existence of Wasl is their vision:

"It was to provide outstanding property and way of living choices to make life better."

And in their mission they can:  

  • Meet customer loyalty at the highest level

  • To reach optimum operating performance rates

  • Maximize our shareholder's returns

  • Build a great working environment for their staff

  • Become a firm with social responsibility

Popular Development by Wasl Asset Management Group


The introduction of Wasl1 is an emblematic Freehold Master of the Wasl Asset Management Group in Dubai. It keeps you interacting with all corners of the city, providing actual access to main roads and key locations in Dubai.

Wasl1 reveals new four luxury residential tower buildings, Park Gate Residences, overlooking the exuberant Zabeel park. The perfect combination between the inspired architecture and the unparalleled convenience of all the residences, townhouses, and penthouses ensures refined well-being for individuals and families.

Popular Projects by Wasl Asset Management Group

Park Gate at Wasl1

The residences Park Gate at Wasl1 never fails to make a permanent impression by the elegant wood, polished bricks and marble finishes they have fitted in these residences.

All residential units in the extravagantly built, podium townhouses and penthouses from 1, 2, 3 bedroom apartments invite you to a sophisticated lifestyle that combines excellent taste and stunning views of Zabeel Park. This unusual blend of beauty and sophistication makes this one of the most desirable places to live.

Get you a variety of facilities that are top class and ensure your life is far from usual at Park Gate Residences.

  • Areas of playful water features in the podium

  • Vibrant podium roof with pool and children's play area

  • A state-of-the-art fitness club with changing and playroom for children

  • Comfortable food & drink at the entrance.

  • Abundant cellar and resident podium parking

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