wasl

wasl Asset Management Group is a Dubai real estate company founded on 25 May 2008. Gulf News reported at the time that it was set up by Dubai Real Estate Corporation (DREC), the entity managing a Dubai government land bank, as its asset management arm, covering project management, property management, hospitality and investment. The company says it was formed from the merger of the Dubai Development Board and the Real Estate Department, and that it manages assets entrusted to it by DREC and other partners.

Arabian Business reported that the Hyatt Regency Creek Heights Residences on Dubai Creek marked wasl's first entry into Dubai's freehold sector. Forbes Middle East's 2021 ranking listed Hesham Al Qassim as chief executive and reported that the group's real estate arm, wasl Properties, managed over 47,000 residential and commercial properties in Dubai. CTBUH lists wasl as owner and developer of Wasl Tower on Sheikh Zayed Road, completed in 2024.