Wasl Asset Management Group was established as a merger and integration of two government organizations, Dubai Development Board and Real Estate Department. The developer specializes in residential and commercial properties, industrial plots of land, leisure and entertainment, and hospitality properties like hotels and serviced apartments. Wasl today is recognizes as one of the biggest real estate management companies in Dubai. It has also received acclaim by being awarded the Dubai Quality Appreciation Programme Certification.
CEO: Hesham Abdullah Al Qassim
“To offer superior real estate and lifestyle options to enhance the quality of life.”
Wasl Asset Management Group adheres to the corporate social responsibilities on the following sectors: People, Environmental and Green Initiatives, Responsible Sourcing, Privacy and Safety Integrity and Governance.
Wasl Asset Management Group was established in May 25, 2008 by the Dubai Real Estate Corporation (DREC) for the purpose of overseeing its assets and expand its real estate portfolio. The primary aim of the group was to empower Dubai as the best location for business and living, and an amazing tourist destination. Wasl Asset Management Group was created from the merger of two government organizations, Dubai Development Board and Real Estate Department. Wasl has focused its activities on different business sectors which includes project and property management, hospitality, and investment management.