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Developer profile

wasl

Every wasl off-plan launch on Sovereign, with prices, payment plans and handover dates side by side.

Projects on Sovereign
6
Prices from
AED 550,000
Handover
2026–2029
Areas
6

About wasl

wasl was formed on 25 May 2008 by bringing together the Dubai Development Board and the Real Estate Department. It manages and develops assets on behalf of Dubai Real Estate Corporation.

Its portfolio takes in communities such as Wasl Square and Wasl Green Park as well as Wasl Gate. Recent residential work covers Bur Dubai, Zabeel, Jumeirah Golf Estates and Jebel Ali, ranging from apartments and penthouses to villas.

Off-plan

Projects by wasl.

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What our data shows

Buying wasl off-plan.

60/40

Most common plan

Construction / handover split on 3 of 6 listed projects. Each project page shows its own milestones.

4

Handover years

Listed handovers: 2026, 2027, 2028, 2029.

3

Golden Visa flagged

Projects flagged for Golden Visa in our data. Eligibility depends on the price and status of the specific unit.

4

Property types

Apartment, Duplex, Penthouse, Villa.

From Sovereign's project listings.

FAQ

Questions about wasl.

Who owns wasl?

It was set up by Dubai Real Estate Corporation (DREC) to run and grow DREC's holdings.

When was wasl set up?

On 25 May 2008, out of a merger of two Dubai bodies.

What kinds of homes does wasl build?

Everything from apartments and penthouses through to villas.

Does wasl only develop?

No. It also handles property, project and investment management for DREC.

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