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Wasl Properties is a unique phenomenon in the Dubai property market. It is not just one of the largest developers in the country, but a city-forming institution that has been actively involved in forming the emirate's identity for more than 15 years. The company's history began in 2008, when the Dubai Development Board and the Department of Real Estate merged by government decision, resulting in the creation of a powerful organisation with a special status and wide-ranging authority. Today, under the leadership of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum and CEO Hesham Abdullah Al Qassim, the company manages truly colossal assets. The developer's portfolio includes 50,000+ residential and commercial properties, 32 hotels and hotel complexes, around 5,500 land plots, and several large-scale master development projects across the emirate.
Wasl Properties is unique in its dual nature — on the one hand, it is a commercial organisation that follows market trends, and on the other hand, it is an important tool for implementing the government's development strategy for Dubai. This special position allows the company to successfully balance commercial efficiency and social responsibility. This is how Wasl manages to create projects that both bring profit and solve important urban development tasks of the emirate. Today, the company is one of the key participants in the ambitious Dubai 2040 Urban Master Plan programme.
Wasl's activities cover almost all aspects of urban development: from affordable housing to premium residences, from commercial property development to hotel management. At the same time, the company never limits itself to standard construction — each of its projects is carefully thought out and supplemented with developed infrastructure, green areas, services and other components important for comfortable life. The integrated approach of the developer was not left unnoticed — Wasl has been repeatedly honoured with prestigious awards. The company's honours include the Dubai Quality Award in the Service category and the CSR Label from the Dubai Chamber for its contribution to corporate social responsibility.