wasl Properties Continues to Cater to Mid-Income Earners

Press release
Published June 30th, 2019 - 08:48 GMT
wasl oasis
wasl oasis
Highlights
wasl properties, a subsidiary of wasl Asset Management Group, announced the launch of its ‘wasl oasis III’ development into the market.

wasl properties, a subsidiary of wasl Asset Management Group, announced the launch of its ‘wasl oasis III’ development into the market. The project, located in Muhaisnah, will offer 253 units and comes as part of wasl’s strategy to provide affordable housing options in established areas of Dubai, following the successful launch of two previous buildings of the same name in the area.

wasl oasis III is made up of 253 residential units, comprising 54 one-bedroom units ranging in size between 637 – 807 sq. ft and start from AED 42,000 in annual rent, 165 two-bedroom apartments ranging in size between 896 – 1,222 sq. ft and starting from AED 52,000 in annual rent, twenty 1,259 sq. ft. two-bedroom apartments with maid’s room and start from AED 59,000 in annual rent, and two 1,399 sq. ft three-bedroom apartments starting from AED 72,000 in annual rent. Moreover, the project is offering 6 three-bedroom units with maid’s rooms ranging in total size between 1,701 – 1,783 sq. ft. starting from AED 78,000 in annual rent.

wasl oasis III has been conceived and designed to enhance the lifestyle of mid-income residents by introducing to the area high-quality residential units that provide the very best in contemporary urban living. The project aligns with wasl’s resident-centric vision to re-invigorate established areas and offer world-class properties that cater to all segments of society. The launch of wasl oasis III also comes at the heels of the successful launch of two previous projects of the same name.

wasl oasis III is well-connected with easy access points to Sheikh Mohammed bin Zayed Road. It is also a short drive from Mirdif City Centre and Dubai's Central Fruit and Vegetable Market, enjoying a strategic location at the crossroads of Dubai and Sharjah. It offers an excellent, stress-free option for employees who commute to Dubai for work.

 

wasl properties also provided the area with over 2,500 units across ‘wasl oasis I’ and ‘wasl oasis II’ developments with over 91% occupancy at both developments, that proves a great demand on wasl’s units in Muhaisnah.

Background Information

wasl Asset Management Group

wasl Asset Management Group, one of the largest real estate management companies in Dubai, was established by the Dubai Real Estate Corporation (DREC) to oversee the management of its assets and grow its real estate portfolio. 

wasl’s operations span various sectors; from residential and commercial properties, to industrial plots of land and from leisure and entertainment to hotels and serviced apartments.​​​​​​

PR Contact

Contact Name
Ahmed Malik
Contact email

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