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wasl Group starts work on Phase 1 of key project

UAE Business


Dubai-based wasl Asset Management Group, a leading real estate management and development company, is forging ahead with its wasl1 project in Dubai, UAE, with the appointment of contractors.

Enabling works are now under way following the appointment of Kele Contracting for Phase 1 of the project. Hills & Fort Construction is undertaking the infrastructure for the entire development, an iconic project in the heart of Dubai.

Phase 1 of the project – Park Gate Residences – is located adjacent to Zabeel Park, where tenants will find contemporary apartments in four luxurious residential towers on two podiums. The 746 units offer tenants the option of one-, two- and three-bedroom apartments as well as podium townhouses and penthouses, all of which overlook the lush green gardens of Zabeel Park, making nature their private courtyard.

Hesham Al Qassim, CEO of wasl Asset Management Group, said: “wasl1 is the latest milestone in our mission to provide Dubai with community living spaces that blend the best of city living with a lifestyle surrounded by bliss. We are especially proud of this project, which is our first master development and reflects Dubai’s vision for the freehold sector. It promises residents a peaceful island in the middle of the city, creating a sophisticated synergy between urban offerings and holistic balance that resonates with the modern-day buyer.”
 
The project is located just a stone’s throw from Sheikh Zayed Road and the Jafiliya Metro Station at the gateway between Old and New Dubai.

Park Gate Residences will feature children’s play areas on the podium roofs; a fully equipped gymnasium with changing rooms, a multi-purpose hall and another children’s play area; and an entire landscaped area between the podiums with water features and a terrace with cafés and restaurants. It offers 1,000 parking spaces in two basement and four podium level car-parks. The project also encompasses 25,000 sq ft of leasable retail area. -TradeArabia News Service

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