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Wasl Properties

Founded 2008. Headquarters: Dubai

Wasl Properties manages the extensive real estate portfolio of wasl, a Dubai government-linked entity formed in 2008 through the merger of the Dubai Development Board and the Real Estate Department. It combines long-standing rental buildings in areas such as Al Safa, Deira and Discovery Gardens with freehold sale projects and off-plan villa developments in newer parts of the city.

Why buyers look at Wasl Properties

  • Government-linked developer managing one of Dubai's largest residential and commercial property portfolios
  • Mix of long-established rental communities and newer freehold developments for sale
  • Portfolio spread across well-established central Dubai districts rather than a single flagship community
  • Includes an active off-plan pipeline alongside its mature standing rental stock

Wasl Properties projects in the UAE

From the developer's own website. Locations are approximate.

Approximate location

How Wasl Properties has performed

Recorded Dubai transactions, as published by DXB Interact. We show their figures as given, with their period.

Capital gain (median resale price change)
14.99%
Period: trailing 12 months, as of 2026 snapshot
Source: DXB Interact (opens in a new tab)
Sales recorded
1,061
Period: 2026
Source: DXB Interact (opens in a new tab)
Absorption rate (projects under construction)
59.45%
Period: 2026 snapshot
Source: DXB Interact (opens in a new tab)
Delivered and under construction since 2012
2 projects delivered (1,217 homes); 13 under construction (4,258 homes)
Period: since 2012
Source: DXB Interact (opens in a new tab)

Recent recorded sales

Single recorded transactions, not averages.

Talk to us about Wasl Properties

Tell us what you are looking for and we will tell you which Wasl Properties projects are worth a look, and which are not.

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