wasl properties has announced the launch of ‘wasl Duet’ in Karama.
The first building in the two-building mixed-use project was launched today, with the second due to be released onto the market imminently.
The project forms part of wasl properties’ agenda to regenerate the established districts of Dubai and features a number of retail outlets to support the surrounding area.
“wasl properties is delighted to announce the launch of wasl Duet, a new project for the Karama district of Dubai. The mixed-use development forms part of the company’s strategy to revitalise the district and transform it into a modern, contemporary neighbourhood. The buildings reflect wasl properties’ rejuvenation programme, with their distinctive architectural designs, modern amenities, convenient retail facilities and plenty of parking for residents and visitors,” said Zainab Mohammed, CEO Property Management and Marketing, wasl properties.
wasl properties’ first building comprises 12 one-bedroom and 18 two-bedroom apartments and has a retail space of 1,355 sq. ft. The second development will have 21 one-bedroom and 30 two-bedroom apartments with a retail space of 3,649 sq. ft. The second building will include a swimming pool, children’s play area and a gym.
wasl properties has introduced a total of 607 residential units spread across nine projects in Karama since 2008. Its commitment to the area sees it with another eight projects in the pipeline, which will be developed and delivered up until 2018. The company says that a significant percentage of inquiries it receives are related to residential and commercial space in Al Karama, indicating a high demand for this important area of the city.
“Karama is a much sought after district for both residents and for those with commercial concerns thanks to its proximity to major areas in Dubai, its high population density, its vibrancy and its ease of access via the RTA Metro. These are all important elements for the success of residential and retail projects and wasl is proud to play a vital role in re-enervating this important city hub and introducing modern, contemporary living standards to the area,” added Ms. Mohammed.