Dubai: wasl unveils sales for its freehold project on Sheikh Zayed Road

Dubai-based master developer, wasl Asset Management Group, has officially released its wasl gate project onto Dubai’s freehold property market.

The company also announced that sales for ‘The Nook’, which represents the first two buildings of the development, will start on October 8. The buildings are located within the larger wasl gate development in Jebel Ali beside Sheikh Zayed road and close to the Energy metro station.

Stretching across 123ha, the ‘wasl gate’ freehold master development will also provide 257 townhouses and around 6,500 apartments upon completion. The project will feature pedestrian areas and will provide comfort and tranquillity to its residents. It will also include a new mall by Al-Futtaim, Festival Plaza—hosting Dubai’s second IKEA, and ACE—a number of restaurants, coffee shops, family entertainment and leisure, as well as a new concept
hypermarket. Festival Plaza is scheduled to be completed by Q4 2019.

‘wasl gate’ will also be supported by several hospitality and leisure facilities, a sports complex, an international school that will cater to students from kindergarten to grade 12, and a central park that will link the commercial and residential districts within the project.

HE Hesham Al Qassim, CEO of wasl Asset Management Group, said: “wasl gate is designed to provide a wide array of offerings for Dubai residents, while striving to develop and expand our real estate portfolio. At wasl, we are constantly seeking to ensure added-value to our customers with each of our unique projects by offering them new concepts with attractive investment options. We had already confirmed this commitment in wasl1, and the ‘wasl gate’ project will be  continuation of this approach.”