Wasl to deliver 3,866 apartments in 35 buildings in Warsan ahead of Expo 2020

Dubai, UAE:

Wasl Properties, a subsidiary of Wasl Asset Management Group, said, construction on its Warsan project is well underway for a timely delivery for Expo 2020.

The Warsan project will comprise 35 buildings in a community-style layout that when completed will provide 3,866 residential units — 3,380 shared units, 360 studio units  and 126 one-bedroom apartments — spread over a built-up area of 2.14 million square feet.

Hesham Al Qassim, CEO of Wasl Asset Management Group, commented: “We launched our Warsan project as part of our strategic preparations to deliver much-needed accommodation for the hospitality sector’s staff in the build-up to Expo 2020.

“Dubai is setting up to receive an estimated 25 million unique visitors and to cater to this influx of people, it is of vital importance that the hospitality sector be granted residences to assure optimal performance and best represent the Emirate. This mission aligns with our leadership’s vision of making Dubai the best city for living, visiting, and working and we are proud to be playing a role in its fulfilment.”

About 60 percent of the construction and 95 percent of infrastructure work has been completed to date. The structural works in all buildings of the development are complete, and MEP activities are in progress. The Warsan project is expected to be completed by second quarter 2020, in time for the much-awaited Expo 2020.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

ENBD REIT declares US$218.6 mn Net Asset Value for FY’25 

Staff Report Dubai, UAE ENBD REIT, the Shari'a compliant real estate...

Kaizen AI brings AI solutions to GCC for higher profit in real estate

Staff Report Dubai, UAE Kaizen AI, an Indian proptech startup, is...

Cristal Hospitality Group announces 210-key hotel in Erbil, Iraq

Staff Report Dubai, UAE Cristal Hospitality Group, a leading UAE-based hotel...

Binghatti acquires Dh25 bn worth of landbank to build mega project in Meydan

Staff Report Dubai, UAE Binghatti Holding Ltd., a Dubai-based luxury real...