Wasl, an asset management group, was established by Dubai Real Estate Corporation (DREC) in 2008 to manage its various operations and its investments in the real estate and business sectors. The group currently encompasses three subsidiaries including wasl properties, wasl hospitality and Dubai Golf.
Set up to strengthen Dubai’s success and to actively secure its future growth objectives for, wasl Asset Management pursues a vision ‘to value and be valued by our stakeholders’. The group aim is to achieve this objective by creating a legacy of trust and respect, acting as a responsible corporate entity, and as a platform for innovation in asset management.
The word ‘wasl’, which means ‘connection’ in Arabic, is symbolic of the strong relationship the group shares with its stakeholders. wasl was the original name for historic Dubai and represents its profound link to the past, its present rapid evolution as a strategically located global hub and vision for the future.
wasl properties manages wasl’s extensive residential and commercial asset portfolio of over 25,000 residential and commercial properties within the Emirate of Dubai. wasl Properties provides a full range of property management, facilities management and call centre operations providing CRM services to tenants.
wasl hospitality’s portfolio currently comprises seven hotels with over 2,200 rooms. These hotels currently managed by Starwood and the Hyatt include prime center city hotels and residential apartments such as the Hyatt Regency, the Grand Hyatt, Le Meridien Dubai and The Fairway and the resort and spa properties such as The Park Hyatt Dubai, Le Meridien Mina Siyahi Beach Resort and Marina and The Westin Mina Seyahi Beach Resort and Marina.Less...
P.O. Box 23073
United Arab Emirates