Wasl Properties Leases Almost 90 Percent of Its ‘Wasl Crystal’ Buildings in 3 Months

Press release
Published February 13th, 2019 - 07:27 GMT
wasl crystal III
wasl crystal III

wasl properties, a subsidiary of wasl Asset Management Group, announced the leasing of 90% of its units at its ‘wasl Crystal’ buildings in Al Quoz within three months. This is a testament to the facilities and consistent quality of living that wasl is offering tenants in the area.

The company also launched recently wasl Crystal III which includes 106 units comprising 17 one –bedroom units, 75 two –bedroom units and 14 three –bedroom units. Rents start at AED 43,000 for one-bedroom units, AED 53,000 for two-bedroom units and AED 73,000 for three-bedroom apartments.

Zainab Mohammed, Chief Property Management and Marketing Officer at wasl properties, said: “wasl’s mandate is to cater to all segments in the market and meet customers’ demand. The monumental success we achieved over the past three months with our wasl Crystal buildings is evidence of the important position an area like Al Quoz is having on tenants. wasl consistently undergoes meticulous planning and strategies prior to the release of any of our properties into the market, and these buildings are just a continuation of that resident-centric mission to deliver world-class standards and premium apartments at good prices.”  

 t’s also worth mentioning that wasl successfully leased 100% of the studios, 93% of the one-bedroom units, 83% of the two-bedroom units and 50% of the three-bedroom units in all wasl Crystal buildings.

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.​​​​​​

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