wasl properties launches new project in Dubai for mid-income residents

UAE - Mubasher: wasl properties, a subsidiary of wasl Asset Management Group, has launched its latest development, ‘wasl oasis III’, into the market located in Muhaisnah, Dubai.

As part of wasl’s strategy, wasl oasis III’ will offer 253 affordable units specially designed to improve the lifestyle of mid-income residents, according to a press release.

This development comes following the successful launch of two previous projects under the same name.

The project comprises of 54 one-bedroom units ranging in size between 637 to 807 square feet with an annual rent starting from AED 42,000, 165 two-bedroom apartments ranging in size between 896 to 1,222 square feet at an annual rent from AED 52,000.

The development also has 20 two-bedroom apartments with maid’s room that each spans over 1,259 square metres and starts from AED 59,000 in annual rent, as well as two 1,399 square feet three-bedroom apartments starting from AED 72,000 in annual rent.

Moreover, the project also offers six three-bedroom units with maid’s rooms that range in size between 1,701 and 1,783 square feet at an annual rent starting from AED 78,000.

“wasl properties also provided the area with over 2,500 units across ‘wasl oasis I’ and ‘wasl oasis II’ developments with over 91% occupancy at both developments, that proves a great demand on wasl’s units in Muhaisnah,” the release added.

Mubasher Contribution Time: 30-Jun-2019 10:22 (GMT)
Mubasher Last Update Time: 30-Jun-2019 10:30 (GMT)