KOROL GROUP — Luxury Real Estate BoutiqueUAE Real Estate License · BRN 75159
Blue-chip developer · Dubai

Wasl Dubai — projects, payment plans & properties for sale

Government-owned landlord and developer

wasl is owned by the Dubai Real Estate Corporation, a government entity, and is one of the largest landlords in the emirate. Its development arm builds in Al Wasl, Jumeirah, Deira and along Sheikh Zayed Road, often in well-established central districts rather than new suburbs.

Established
2008
Entity
wasl Properties / wasl Asset Management Group
Segment
Blue-chip

What Wasl is known for

  • Government ownership through Dubai Real Estate Corporation
  • Very large rental portfolio across Dubai
  • Central, established locations
  • Long-term hold mentality rather than rapid launch cycles

Wasl communities in Dubai

Al WaslJumeirahDeiraSheikh Zayed RoadDubai CreekAl Furjan

Wasl off-plan projects

  • wasl1 district near Zabeel
  • Central Dubai residential towers
  • Al Furjan and Jebel Ali releases

Wasl payment plans

Down payment10–20% on booking
During construction50–60%
On handover20–40%
Post-handoverOccasionally offered

wasl launches are less frequent than private developers', so availability drives timing.

Payment terms are indicative and change with every launch. Message Ilona for the exact schedule on the project you are considering.

Prices and who it suits

Entry price. From roughly AED 1M (USD 272k).

Right for you if. You want government-backed counterparty risk and a central location with mature infrastructure.

Wasl for US investors

The lowest counterparty risk profile of the mid-priced developers, with steady rather than spectacular appreciation.

New to the market? Read the step-by-step guide to buying Dubai property from the USA and the Golden Visa explainer.

Wasl — frequently asked questions

Who owns wasl Properties?

wasl is owned by the Dubai Real Estate Corporation, a Dubai government entity, which makes it one of the most secure counterparties available to an off-plan buyer.

Can US citizens buy wasl property in Dubai?

Yes. Dubai freehold ownership is open to all nationalities, including US citizens, with no residency requirement. You can reserve a wasl unit remotely — passport copy, signed reservation form, and an international transfer are usually all that is needed. KOROL GROUP handles the paperwork and Dubai Land Department registration on your behalf.

Ilona Korol

Enquire about Wasl projects

Ilona Korol sends current availability, prices, and the exact payment schedule on today's releases. No typing needed — the message is pre-written.

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WhatsApp +971 56 263 1191 · ilona@korolgroup.com

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