Wasl

Dubai, UAE Since 2024

Gov-Owned Luxury Branded

A Dubai government-backed developer and major landlord expanding into freehold homes. Explore wasl's projects, see where it builds, and talk to a specialist who knows the portfolio.

12 Delivered
15 Areas
15 Off-plan

Latest Projects by Wasl

About Wasl

wasl is a Dubai government-backed developer and one of the city’s largest landlords, established in 2008 as part of Dubai Real Estate Corporation. Its projects include the Mandarin Oriental-branded wasl Tower, wasl1 at Al Kifaf and expansions at Jumeirah Golf Estates.

For buyers, wasl’s appeal is institutional stability: a government-backed balance sheet and large managed portfolio now extending into for-sale freehold homes, which matters most to the investor-analyst and longer-horizon observer segments who weigh developer stability across several research sessions before contacting an agent.

GOVERNMENT-BACKED. Part of Dubai Real Estate Corporation. INSTITUTIONAL SCALE. One of Dubai’s largest property portfolios. FREEHOLD EXPANSION. Extending from leasing into for-sale homes.

2008 Established under Dubai Real Estate Corporation Established under Dubai Real Estate Corporation, a Wasl development.
2017 wasl1 at Al Kifaf underway wasl1 at Al Kifaf underway - a milestone in Wasl's track record.
2023 wasl Tower (Mandarin Oriental) progresses wasl Tower (Mandarin Oriental) progresses - a milestone in Wasl's track record.

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FAQ

  • Is wasl a reliable developer?

    wasl is a Dubai government-backed developer and one of the city's largest landlords, established in 2008 under Dubai Real Estate Corporation - which gives it strong institutional stability.

  • Who owns wasl?

    wasl is a subsidiary of Dubai Real Estate Corporation, a government entity, so it is government-backed rather than privately owned.

  • What is wasl known for?

    wasl is known as a major landlord and master developer, with landmark projects such as the Mandarin Oriental-branded wasl Tower and wasl1 at Al Kifaf.

  • Which communities does wasl build in?

    wasl develops across Dubai, including Al Kifaf, Jumeirah Golf Estates and central districts, spanning residential, commercial and hospitality.

  • What are the total costs of buying a wasl property?

    Beyond the unit price, budget roughly 6-8% in transaction costs - a 4% DLD transfer fee, agency commission (about 2% plus VAT), and administrative and trustee fees. Service charges are recurring and vary by project.

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