Dubai-Mubasher: Dubai-based Wasl Properties will begin leasing 280 units in its new wasl oasis II development in Muhaisnah in 20 December, according to a statement.
The real estate management company, a subsidiary of wasl Asset Management Group, plans to launch seven out of 23 buildings on December 20 as an initial first phase release. The initiative forms part of the company's strategy to provide affordable housing options in established areas of Dubai.
“The project was conceived to help re-invigorate an established area that is already popular with residents, with the ultimate aim being to re-assert the status of this important part of the city," said Zainab Mohammed, CEO Property Management and Marketing, wasl properties.
wasl oasis II is made up of 23 buildings with a total of 1,244 residential units.
The initial launch of 280 units in the 7 buildings will consist of studios and two-bedroom apartments, with wasl properties planning to release 964 units in the remaining 16 buildings in the first quarter of 2016.
