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Saturday, November 28 - 2009

Wasl updates officials of Dubai Government Entities on current and upcoming projects

  • United Arab Emirates: Saturday, August 29 - 2009 at 10:11
  • PRESS RELEASE

Wasl, the asset management group owned by Dubai Real Estate Corporation (DREC), announced officials of key Dubai Government organizations were updated on the status of its completed and upcoming projects in Ras Al Khor, Muhaisnah and Rashidiyah and offered details on the availability of residential accommodation at these developments.

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  • Wasl meeting with government officials.
    Wasl meeting with government officials.
Hesham Al Qassim, CEO of wasl and Dubai Real Estate Corporation, met with officials from The Ruler's Court, Dubai Municipality, Dubai Electricity and Water Authority (DEWA), Dubai Health Authority (DHA), Emirates National Oil Company (ENOC), Knowledge and Human Development Authority (KHDA), Dubai Naturalization and Residency Department (DNRD), Department of Tourism and Commerce Marketing (DTCM) and the Dubai Chamber of Commerce and Industry (DCCI).

Commenting on this initiative, Hesham Al Qassim said:

"This is part of our strategy to focus on giving priority to government staff in terms of price, facilities and other special features. We took them through wasl's current and future projects, in addition to throwing light on demands in the leasing sector."


"The meetings offered detailed descriptions on a number of lease projects such as the Ras Al Khor project that is renamed 'Samari Residences' and the Muhaisnah project that has been divided into 'wasl Oasis North' and 'wasl Oasis South'. We are also developing villas in Rashidiyah that were recently launched under the name of 'Al Rahaal Townhouses' and will soon be ready for leasing."

wasl's property management team further organized an open day at the Samari Residences, drawing a significant number of government employees to the site. The management said the project would be open for leasing to government employees as well as the general public in phases commencing October 2009.

Samari Residences located close to the Dubai-Hatta Highway boasts a total built up area of 2.4m sq.ft. with 19 residential buildings, making it the first significant community living development in the area.

A leading asset management company, wasl's services include leasing of residential apartments and villas, commercial units as well as industrial land plots.
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Notes and media contacts

About 'wasl'
wasl, an Asset Management Group, was established by Dubai Real Estate Corporation (DREC) to manage its operations in property management, hospitality, investment and project management covering Residential, Commercial, Retail, Educational Institutions, Leisure and Entertainment sectors.

Established to strengthen Dubai's success, and to actively secure its growth objectives for the future, wasl pursues a vision 'to value and be valued by our stakeholders'. It aims to achieve this by creating a legacy of trust and respect by acting responsibly and as a platform for innovation in asset management.

wasl is a customer-centric, knowledge oriented corporation with a firm commitment to its stakeholders, while investing in its employees and improving the community.

The word 'wasl', which is synonymous to 'connection' in Arabic, is symbolic of the strong relationship the group shares with its stakeholders, and represents its profound link to the past, its stature in the present, and its vision for the future.

For further information, please contact:

Agency:

Jan Dabrowa
Jiwin
Tel: +971 4 374 8566
Fax: + 971 4 3688001

Nabeela Nasser Sait
wasl
Tel: 04 3139215
Fax: 04 3988111

Linda Abdulhay
wasl
Tel: 04 3139332
Fax: 04 3988111

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