Dubai - Mubasher: Wasl Properties, a subsidiary of Wasl Asset Management Group, announced leasing 85% of its residential units at its buildings ‘Wasl Crystal’ and ‘Wasl Crystal II’ in Al Quoz.
This recorded interest within a short time frame was mainly driven by the importance of Al Quoz and what it offers for current and future tenants, according to a press release.
The available apartments for leasing at Wasl Crystal II include a 448-square-foot studio apartment with an annual rent of AED 35,000, one-bedroom apartments ranging in size between 535 to 943 square feet with an annual rent starting from AED 43,000.
The building also has 1,052 to 1,415 square-foot two-bedroom apartments with an annual rent starting at AED 53,000, in addition to 1,539.35 to 1,576.9 square-foot three-bedroom apartments with an annual rent starting at AED 73,000.
Zainab Mohammed, chief property management and marketing officer at Wasl Properties, said: “We are proud to declare the substantial interest in both Wasl Crystal and Wasl Crystal II.”
“The properties were developed with residents in mind, employing world-class standards to offer premium apartments at affordable prices, in one of Dubai’s most promising locations, Al Quoz,” Mohamed added.
“In proximity to F&B and retail outlets and featuring a host of amenities, both projects are proving to be an attractive option for tenants,” she remarked.
Moreover, Wasl Crystal III, featuring 106 units of one-, two-, and three-bedroom apartments, will also be announced soon as part of Wasl’s mission to cater to all segments in the market.
It is worth noting that Al Quoz, located in Dubai, is a vital location known for its many art galleries and for being an employment hub.
By developing projects in Al Quoz, Wasl will boost its portfolio and reach out to customers across all areas in the Emirate.