Artificial Intelligence
Builders Company
Developers/Wasl Group
WG
Wasl GroupDubai, United Arab Emirates · founded May 25, 2008 · 1 active markets
STATE OWNED

Wasl develops and manages residential, commercial, hospitality, leisure, industrial, healthcare, and mixed-use assets in Dubai for residents, businesses, investors, tenants, and visitors through ownership, leasing, development, and operating partnerships.

Years in business
18
founded May 25, 2008
LinkedIn headcount
757
employees, as shown on LinkedIn · size band 201–500
Total projects
28 projects in the DLD registry
across the company’s whole history
Projects last researched October 7, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Wasl (L L C)1
Headquarters
Wasl Experience Center, Al Safa 2, Sheikh Zayed Road1, Dubai1, United Arab Emirates
Founded
May 25, 20081
Entity type
STATE OWNED1
Business model
offplan for sale1, build to rent1, commercial1, mixed use1, masterplan1, other1
Markets
1 market listed
What they build
Residential, for sale (5 of 10) · Hotel (3 of 10) · Hotel residences (2 of 10)
Full dossier in About →

Delivery record

5 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
−2.0 mo
the middle of 5 scored projects
Average delay
+10.7 mo
the same projects, pulled by the worst
Average time to deliver
3.5 yrs
start to completion, over 5 delivered projects
Worst slip
+64.0 mo
Wasl Tower · +57.0 to +71.0
4
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
1
red rows below

Against other developers

5 date-assessed here · 102 developers, 363 date-assessed projects in United Arab Emirates
Median delay
Wasl Group·102 developers in United Arab Emirates
−2.0 mo vs +4.0 mo
this developer 6.0 mo better
The typical project on each side.
Average delay
Wasl Group·102 developers in United Arab Emirates
+10.7 mo vs +9.5 mo
this developer 1.2 mo worse
Both pulled by their worst few.
On time
Wasl Group·102 developers in United Arab Emirates
80% vs 54%
this developer 26 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Wasl Group·102 developers in United Arab Emirates
3.5 yrs vs 3.5 yrs
this developer is level
Start to completion, over 5 delivered here and 318 in the market.
Projects and timelines in Track Record →

Resident experience

9 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.4/ 10
Weighted judgment across build and operations · from 9 of 9 rated buildings
Structure & systems
6.5/ 10
Fabric, services, waterproofing, envelope · from 6 of 9 rated buildings
Management & living
6.9/ 10
Upkeep, response times, amenities, community · from 9 of 9 rated buildings

Against other developers

9 rated here · 118 developers, 504 rated buildings in United Arab Emirates
Overall rating
Wasl Group · 118 other developers in United Arab Emirates
7.4 vs 7.7
this developer 0.3 worse
The weighted verdict on each side. From 9 of 9 rated buildings here and 504 in the market.
Structure & systems
Wasl Group · 118 other developers in United Arab Emirates
6.5 vs 6.9
this developer 0.4 worse
Fabric and engineering only — fixed at handover. From 6 of 9 rated buildings here and 226 in the market.
Management & living
Wasl Group · 118 other developers in United Arab Emirates
6.9 vs 7.3
this developer 0.4 worse
Upkeep and response — belongs to whoever runs the building now. From 9 of 9 rated buildings here and 481 in the market.
The market here is United Arab Emirates: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • DELIVERY DELAY Reissued tender reported September 29, 2022; construction contract awarded November 2023; revised opening target reported July 1, 2026 The Island, a Wasl–MGM project first announced in 2017, remained dormant for several years and required a reissued main-construction tender in September 2022; Wasl awarded the construction contract only in November 2023, with the opening subsequently targeted for Q3 2028. This documents a prolonged project delay, while the later 2028 date is a future commitment rather than completed delivery.
  • DELIVERY DELAY Delay reported October 26, 2023; completion reported late 2025 Wasl Tower was reported in October 2023 as having undisclosed delays and no confirmed launch date after an originally expected Q2 2024 completion; independent project reporting later stated that the tower was completed in late 2025, indicating the original target was missed.
  • DELIVERY DELAY Source published 2016-03-02; reported target completion 2019; subsequent completion reported as 2021. Wasl Asset Management Group took over completion of Tiara United Towers, a project previously developed by Zabeel Properties, after construction had been on hold since late 2008; Wasl’s reported 2019 completion target was missed, and the towers were subsequently completed in 2021.
  • 1 more in Risk & Sources
Record status
active
Company sources
65 source entries across 65 fields
Projects tracked
10 · 10 completed in assessment
All flags and sources →

Track Record

Delivery record

5 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
−2.0 mo
the middle of 5 scored projects
Average delay
+10.7 mo
the same projects, pulled by the worst
Average time to deliver
3.5 yrs
start to completion, over 5 delivered projects
Worst slip
+64.0 mo
Wasl Tower · +57.0 to +71.0
4
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
1
red rows below

Against other developers

5 date-assessed here · 102 developers, 363 date-assessed projects in United Arab Emirates
Median delay
Wasl Group·102 developers in United Arab Emirates
−2.0 mo vs +4.0 mo
this developer 6.0 mo better
The typical project on each side.
Average delay
Wasl Group·102 developers in United Arab Emirates
+10.7 mo vs +9.5 mo
this developer 1.2 mo worse
Both pulled by their worst few.
On time
Wasl Group·102 developers in United Arab Emirates
80% vs 54%
this developer 26 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Wasl Group·102 developers in United Arab Emirates
3.5 yrs vs 3.5 yrs
this developer is level
Start to completion, over 5 delivered here and 318 in the market.
The market here is United Arab Emirates: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

10 of 10 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Dubai, United Arab Emirates
20172018201920202021202220232024202520262027todayDUBAI, UNITED ARAB EMIRATES+64 moverified−5 moverifiedcompleted, no target publishedon timeverifiedcompleted, no target published−6 moestimatedcompleted, no target published−2 moverifiedcompleted, no target published−3.5 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 dated statement is held back: a broker listing with no date on it, or a page with no year, cannot fix a date. 3 turned out to be about something else — a phase, a neighbour, the wider masterplan — and are marked off-subject.

Building & Livability Ratings

Resident experience

9 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
7.4/ 10
Weighted judgment across build and operations · from 9 of 9 rated buildings
Structure & systems
6.5/ 10
Fabric, services, waterproofing, envelope · from 6 of 9 rated buildings
Management & living
6.9/ 10
Upkeep, response times, amenities, community · from 9 of 9 rated buildings

Against other developers

9 rated here · 118 developers, 504 rated buildings in United Arab Emirates
Overall rating
Wasl Group · 118 other developers in United Arab Emirates
7.4 vs 7.7
this developer 0.3 worse
The weighted verdict on each side. From 9 of 9 rated buildings here and 504 in the market.
Structure & systems
Wasl Group · 118 other developers in United Arab Emirates
6.5 vs 6.9
this developer 0.4 worse
Fabric and engineering only — fixed at handover. From 6 of 9 rated buildings here and 226 in the market.
Management & living
Wasl Group · 118 other developers in United Arab Emirates
6.9 vs 7.3
this developer 0.4 worse
Upkeep and response — belongs to whoever runs the building now. From 9 of 9 rated buildings here and 481 in the market.
The market here is United Arab Emirates: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

9 rated · 1 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Gardenia Townhomes IWasl Gate, Dubai257 units
9.4/ 10
—/ 10
9.4/ 10

The 127-review Google community listing sets the level at 4.7/5, converted to 9.1/10 under the supplied curve. The evidence is overwhelmingly positive on location, layout, cleanliness and community life, with one detailed moderate management complaint; the result should still be treated cautiously because the strongest aggregate is for the Gardenia community/cluster rather than an individually identified townhouse unit or phase label.

+ Spacious layouts+ Airy interiors+ Floor-to-ceiling windows+ Well-planned housing cluster+ Clean common environment
Not found in sources: No recurring structural complaint published · No recurring plumbing complaint published · No recurring HVAC complaint published · No recurring electrical complaint published · No recurring leak or waterproofing complaint published
+ Strong highway and metro access+ Peaceful community+ Clean surroundings+ Friendly neighbours+ Pool, gym and playground
− Unresponsive management complaint− Deposit-return complaint− Construction-site nuisance complaint− Occasional parking shortage− Limited on-site amenities noted by Property Finder

no notes returned

no links returned

Residents repeatedly describe Gardenia as a “best community to live in,” with “peaceful and clean” surroundings, spacious homes and easy access to Sheikh Zayed Road, Festival Plaza and nearby shopping. The main operational warning is one detailed complaint of “very poor management,” unanswered emails, a delayed deposit and construction-staff nuisance; Property Finder also says residents may need to travel outside the community because of limited internal amenities.

Wasl TowerDowntown Dubai, Dubai
8.3/ 10
—/ 10
8.3/ 10

The largest identified rating base is Yalah’s 4.4/5 from 221 reviews, which converts to 8.5 under the specified curve. The Google aggregate disagrees materially at 4.2/5 but has only 56 reviews, so the score is moved partway toward its 7.0 conversion; repeated positive comments about location, views and the office setting provide a small offset. This remains low-confidence as a residential score because both rating pages classify or describe the property primarily as an office/mixed-use building and the individual reviews are not clearly resident-only.

+ central location+ metro access+ skyline views+ business setting+ positive office experience
− parking concern− rental-application complaint− mixed-use/office emphasis− small resident-review base
Not found in sources: limited residential-community evidence

no notes returned

no links returned

The published reviews describe a convenient, visually distinctive business location: reviewers mention that it is opposite Dubai Mall Metro Station Exit 2 and praise the Sheikh Zayed Road and Burj Khalifa views. Operational criticism is limited in the sampled material, but one reviewer wrote “No proper parking,” while another said the office-rental rejection was unexplained; the available material is predominantly office-facing rather than resident-focused.

Aloft Dubai Airport and Element Dubai AirportDubai International Airport, Dubai
8.0/ 10
7.7/ 10
Booking.com 8.9/10 · 1,557 reviews · booking.com
Tripadvisor 4.5/5 · 122 reviews · tripadvisor.com
Combined from 2 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.7.
7.6/ 10
KAYAK 10/10, 9.5/10, 7/10, 3.5/10 · no review count · kayak.com
Booking.com 8.8/10, 8.6/10, 8.8/10, 8.6/10, 9/10 · 1,557 reviews · booking.com
Tripadvisor 4.7/5, 4.6/5, 4.7/5, 4.6/5 · 122 reviews · tripadvisor.com
Combined from 13 published figures on 3 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.6.

Because the request covers two adjacent hotel properties rather than one building, this is a combined short-stay evidence score rather than a resident-building score. The largest directly reported review base located was Element on Booking.com at 8.4/10 from 1,557 reviews, which maps to 8/10 under the supplied guest curve; the positive and negative commentary does not justify an additional move.

+ Clean rooms+ Spacious rooms+ Well-maintained rooms+ Working utilities+ Effective air conditioning
− Aloft deteriorated chairs− Reported dirty common areas− Reported dirty room− Occasional room-readiness wait− Airport noise/inconvenience
+ Airport proximity+ Helpful staff+ Housekeeping+ Breakfast+ Rooftop pool and gym
− Booking/check-in failures− Unattended reception− Slow management escalation− Inconsistent food replenishment− Pricey/forgettable restaurant feedback

Published guest feedback is generally favorable on physical condition: Element reviewers described rooms as “neat and spacious,” “well-maintained,” and said appliances “worked perfectly,” while Booking.com recorded 8.9/10 for comfort and 8.8/10 for cleanliness. The negative evidence is episodic rather than an established structural pattern: one Aloft reviewer said chairs were “falling apart,” and one Element reviewer reported “filthy dirty common areas and room”; no published evidence located establishes a framework, plumbing, HVAC or waterproofing failure.

The day-to-day picture is mostly positive for short-stay guests: reviews praise “friendly and accommodating” staff, spotless rooms, housekeeping, breakfast and the shared rooftop pool/gym, while Booking.com category scores include 8.8/10 for staff and 9.0/10 for location. Service is not uniformly reliable: Aloft feedback says the reception was hard to reach and managers did not call back, while an Element reviewer described an unattended reception and “filthy dirty common areas and room.”

The NookWasl Gate, Dubai
8.0/ 10
7.8/ 10
Property Finder 4.8/5 · 4 reviews · propertyfinder.ae
Property Finder publishes 4.8/5 from 4 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 7.8.
7.7/ 10
Property Finder 5/5, 4.3/5, 4.8/5 · 4 reviews · propertyfinder.ae
Combined from 3 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.7.

Google Reviews/Maps provides the largest published review base for the building/cluster at 4/5 from 66 reviews, converting to 7.0 under the supplied curve. The written feedback supports strong connectivity and amenities but also identifies limited gym equipment, road noise, AC/maintenance friction and a recent security complaint; these produce only a modest net movement because they are already reflected in the aggregate. Structure is reported separately from the published Property Finder maintenance evidence and is not allowed to drive the overall anchor.

+ Modern building+ Well-maintained condition+ Pristine condition reported+ Responsive maintenance reported+ Clean common facilities
− AC dust buildup− Maintenance equipment limitation− Road-noise installation concern− Compact layouts
Not found in sources: No published engineering detail
+ Metro access+ Pool and children’s facilities+ Convenient retail access+ Pleasant community+ Security praised
− Rude security complaint− Restrictive-rule complaint− Limited gym equipment− Road noise− Compact living rooms

Published resident feedback is generally favorable about the building’s modern and maintained condition: one reviewer called it “well maintained modern building,” while another said the apartment was “modern, clean, and well maintained.” The material also includes a specific AC complaint—dust buildup, overheating and maintenance saying residents should hire outside equipment—and a separate report that road noise is audible “24/7”; no structural failure, flooding or lift failure was published.

Residents repeatedly praise the daily convenience and amenities, including the metro, IKEA/Festival Plaza, pool, children’s area and community atmosphere; one review calls it “a complete packaged urban community living.” The main operational concerns are a recent complaint that “new security are very rude,” limited gym equipment, and road noise that “really disturb[s] my sleep.”

Hyatt Centric Jumeirah DubaiLa Mer, Dubai
7.6/ 10
7.7/ 10
Roomer Travel 9/10 · 809 reviews · roomertravel.com
Roomer Travel publishes 9/10 from 809 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 7.7.
6.2/ 10
Booking.com 9/10, 8.8/10, 9.1/10, 9.1/10, 8.4/10, 8.7/10, 8.9/10 · 1,681 reviews · booking.com
Roomer Travel 7/10 · 809 reviews · roomertravel.com
Combined from 8 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 6.2.

Booking.com has the largest reported review base and sets the starting level at 8.6/10, converted to 7.2 under the supplied guest-rating curve. Google Reviews/Maps is materially higher after conversion, so the score moves partway upward; recurring late-night noise offsets that lift slightly, leaving 7.6 overall. The report contains operational and room-condition evidence but no independent engineering assessment, so structure is left unscored.

+ New-feeling rooms+ Spotless bathroom reported+ Thorough housekeeping+ Crisp linens and towels+ Modern gym equipment
− Broken shower reported− No electricity reported− Slow drains reported− Weak summer AC reported− Slow upper-floor hot water
+ Friendly staff+ Attentive service+ Strong sea and skyline views+ Rooftop dining/bar+ Pool, spa and 24-hour gym
− Nightclub noise until 3am− Limited beach passes− Small pool− Peak-time service delays− Expensive breakfast

The available infrastructure feedback is generally positive: Roomer Travel describes the property as having a “generally new feel,” “spotless” bathroom hygiene and thorough housekeeping. It also records slow drains, weak summer AC and delayed hot water; a Google review separately reports a “broken shower” and one morning with “no electricity.” These are guest reports rather than an engineering inspection, and no independent structural assessment was located.

Day-to-day feedback is strongly positive about service: The National calls staff “friendly, welcoming and chatty,” while a later guest says service was “professional, friendly, and reliable.” The main operational drawback is sleep disruption: multiple reviews describe thumping nightclub music until 3am, and Roomer Travel says beach passes can run out and become a “frequent source of morning rage.”

Park Gate ResidencesAl Kifaf, Dubai746 units
7.2/ 10
6.5/ 10
7.5/ 10

Google Reviews/Maps provides the largest published building-specific review base, 4.3/5 from 54 reviews, which converts to 7.9 before commentary. The score is moderated by reported rain leakage, bathroom-construction concerns, and a serious security-staff complaint, with positive evidence on location, amenities, security and common areas partly offsetting those issues. Evidence is still review-based and does not establish that the older leakage or construction reports describe the building’s condition on 2026-10-07.

+ Good views and finishes praised+ Swimming pool and gym+ Landscaped common areas+ Covered parking+ Central air-conditioning and lifts described in building guide
− Rain-related water leakage− Bathroom construction concerns− Maintenance responsiveness concerns
Not found in sources: No independent engineering assessment · Limited current physical-condition evidence
+ Convenient major-road access+ Zabeel Park access and views+ Pool and gym+ Pet-friendly community+ Positive security and common-area comments
− Maintenance responsiveness complaints− One security-staff conduct complaint− Visitor parking pressure− Street noise− High-cost/value concerns

The strongest physical-condition evidence is negative: a resident described a “Water Leakage Nightmare” during heavy rains and said Wasl had not taken effective action, while another reported “bad construction, especially in bathroom areas.” These are individual reports rather than a published structural inspection, so the present condition remains uncertain; Bayut’s building guide describes routine maintenance, cleaning, CCTV security and central air-conditioning but is not a resident-condition rating.

Day-to-day feedback is mixed but leans positive: residents mention “Good community,” pet-friendliness, “Good security,” a pool with Zabeel Park views and convenient access, while another reviewer praised the “very nice environment with water features.” The main operational cautions are slow responsiveness, including an enquiry that received no contact, and a serious complaint about a security guard’s conduct; the wider area reviews also mention difficult visitor parking and evening street noise, which are contextual rather than building-wide ratings.

Aloft Al Mina and Element Al MinaAl Mina, Dubai
6.9/ 10
—/ 10
5.4/ 10
KAYAK 7/10, 3.5/10, 3.5/10, 3/10 · no review count · kayak.com
KAYAK 7.5/10, 7/10, 6.5/10 · no review count · kayak.com
Combined from 7 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 5.4.

The anchor is KAYAK’s Aloft Al Mina guest aggregate of 8.3/10 from 1,606 reviews, converted to 6.9/10 under the specified guest-rating curve. Element’s 8.6/10 from 881 reviews is directionally better but does not materially disagree after conversion, and no recurring theme was counted because the retrieved material did not establish that separate reviewers raised the same complaint or praise theme.

+ Comfortable beds+ Effective king-room AC+ Daily housekeeping+ Rooftop pool+ Soundproof-room provision
− Unreliable water temperature− Weak AC in one twin room− Minor kitchenette provision− Construction noise exposure− Hallway-cleanliness lapses
+ Helpful friendly staff+ Spacious rooms+ Comfortable beds+ Rooftop pool views+ Fitness room
− Service delays− Cleanliness concerns− Bar noise after midnight− Chaotic breakfast− Occasional absent lobby staff

The available physical-condition evidence is limited to editorial stay reviews rather than engineering inspections. One Aloft reviewer said the twin room’s air conditioning “didn’t work very well” and that sink and shower water temperature was “iffy at best”; the same review said the king-room AC was extremely effective. The Element review describes furnished suites, daily housekeeping and a rooftop pool, but notes limited crockery and a mini-bar-sized refrigerator in the studio.

KAYAK’s published review summaries say Aloft guests generally appreciated the “spacious rooms,” “comfortable beds” and “accommodating staff,” but also report service delays, cleanliness issues, mixed breakfast quality and noise. For Element, the summary says guests liked the clean rooms, breakfast and “helpful, friendly staff,” while the independent 2021 review recorded that there was “no staff in the ground floor / lobby” during the stay.

Wasl Nad TowerNad Al Hamar Gardens, Dubai204 units
6.2/ 10
5.5/ 10
6.0/ 10

The 22-review Wasl - Nad Tower listing provides the largest published review base and sets the level at 3.4/5, converted to 5.5/10. The four-review 4.8/5 listing is materially more positive but smaller and cluster-labelled; the written comments add moderate negative pressure from AC, service, parking and noise, balanced by praise for views, space and amenities.

+ Spacious apartments+ Reported good maintenance service+ Working gym and pool
− Weekly AC breakdown complaint− Highway-related noise− Hot front-facing apartments
Not found in sources: No published flooding report · No published lift failure report · No published engineering detail · Limited physical-condition evidence
+ Burj Khalifa/city views+ Quiet relative to expectations+ Gym and pool+ Spacious apartments+ Reasonable rent
− Customer-service complaint− No night team shift− Congested parking− Highway balcony noise− Squeezed pool/gym timing

The only direct infrastructure complaint located was a resident report that “a/c every week brokes”; another review reported “good maintenance service.” The available material does not publish engineering scores or evidence about the framework, plumbing, electrical systems, waterproofing or lifts, so those areas remain unevidenced rather than negative findings.

Daily-life feedback is mixed. One reviewer described “Beautiful Apartment to live in” with city views and little noise, while another said “customer service not helping” and reported no night team; other residents praised the gym and pool but cited congested parking, highway noise and restricted amenity hours.

1 ResidencesAl Kifaf, Dubai758 units
4.9/ 10
3.5/ 10
4.0/ 10

The Google Reviews/Maps aggregate of 3.3/5 from 54 reviews is the only qualifying building-specific published rating found and converts to 4.5/10 under the specified curve. Repeated reports of leaks, pest problems, poor response times, fire-alarm disruption and noise move the score down, while repeated praise for location, views, facilities and some staff service partly offsets those complaints. The score remains uncertain because the evidence is review-based and some positive Wasl comments are promotional or undated.

+ Modern apartment layouts+ Spacious units+ Good views+ Contemporary finishes+ Rooftop facilities
− Recurring water leaks− Ceiling damage− Cracking window frames− Doors not closing properly− Low water pressure and poor fixtures
+ Central Al Kifaf location+ Dubai Frame and SZR views+ Metro proximity+ Friendly reception and security reports+ Pool, gym and rooftop track
− Slow management responses− Inadequate pest-control response− Frequent fire-alarm tests− Parking and elevator problems− Construction and mosque noise

The published reviews contain repeated infrastructure complaints, including “Leaks everywhere,” water entering from an upper-floor toilet, damaged ceilings, cracking window frames and doors that do not close properly. Another review reports “leakage, hollow ground... low water pressure” and poor faucet, shower and bath fixtures; these are resident reports rather than an engineering inspection. Wasl’s own page presents the project as a modern development with apartments, pool, gym and rooftop running track, but its promotional material does not independently verify defect resolution.

Daily-life feedback praises the central location, views and facilities: reviewers describe “Great place to live with good amenities” and “Security & Receptionist are SUPER FRIENDLY!” Conversely, residents report management not responding for months, cockroaches in corridors and elevator halls, parking and elevator problems, and construction operating “24/7 including weekends and holidays.” The review record is current enough to include posts through February 2026, but there is no independently verified evidence that all older defects were resolved by October 7, 2026.

Only buildings that have reached handover are rated. 1 of 10 projects carries no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Wasl (L L C)
Headquarters
Wasl Experience Center, Al Safa 2, Sheikh Zayed Road, Dubai, United Arab Emirates
Al Safa 2
Founded
May 25, 2008
Dubai, United Arab Emirates
Entity type
STATE OWNED
Revenue
USD 300 million YEARLY
Business model
offplan for sale, build to rent, commercial, mixed use, masterplan, other

Registrations & licences

COMPANY NUMBER610068
Dep. of Economic Development · United Arab Emirates · Active
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Arab Emiratesactive 10 projects tracked

What they build

5 types
Residential, for sale5 of 10
Hotel3 of 10
Hotel residences2 of 10
Mixed use1 of 10
Residential, for rent1 of 10
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
SM
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum
Wasl identifies Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum as its chairman, overseeing the board and alignment with Dubai’s economic plan. His public biography places him in senior Dubai and UAE government, fiscal and economic-governance roles, including chairman of Dubai Real Estate Corporation.
Current title
Chairman of Wasl
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
Chairman, Dubai Real Estate CorporationChairman, Dubai International Financial CentreVice Chairman, Dubai Investment Corporation
Known for
ChairmanDubai governmentUAE Minister of Finance

Sources: full name

COMPANYdate not shown in source

Executive Team

Wasl
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum is the Chairman of Wasl, overseeing the Board and ensuring alignment with Dubai’s economic plan.
value seen: Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum
https://www.wasl.ae/en/about-us/executive-team

Sources: other boards

COMPANYdate not shown in source

Biography

Maktoum Bin Mohammed
Chairman of the Board of Directors of Dubai Real Estate Corporation
value seen: Chairman, Dubai Real Estate Corporation
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.maktoum.ae/en/biography

Sources: summary

COMPANYdate not shown in source

Biography

Maktoum Bin Mohammed
As chairman of numerous government and economic authorities and councils, His Highness directly contributes to shaping the future of the Emirate.
value seen: Wasl identifies Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum as its chairman, overseeing the board and alignment with Dubai’s economic plan. His public biography places him in senior Dubai and UAE government, fiscal and economic-governance roles, including chairman of Dubai Real Estate Corporation.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.maktoum.ae/en/biography

Sources: title

COMPANYdate not shown in source

Executive Team

Wasl
is the Chairman of Wasl
value seen: Chairman of Wasl
https://www.wasl.ae/en/about-us/executive-team
HA
Hesham Abdulla Al Qassim
Hesham Al Qassim is Wasl’s CEO and vice chairman, responsible for the group’s real-estate, hospitality and leisure portfolio. Amlak’s biography describes prior senior banking leadership at National Bank of Dubai and records banking and international-business qualifications.
Current title
Vice Chairman and Chief Executive Officer, Wasl Asset Management Group
Experience
no career length stated
Companies before
National Bank of Dubai
Education
University of Wollongong DubaiBachelor’s Degree in Banking and Finance
University of Wollongong DubaiMaster’s Degree in International Business Management and Executive Leadership Development
Other boards
Member, Amlak Finance board
Known for
Group CEOVice Chairmanex-National Bank of DubaiBanking & finance

Sources: education

COMPANYdate not shown in source

Mr. Hesham Abdulla Al Qassim

Amlak Finance
Mr. Al Qassim holds a Bachelor’s Degree in Banking and Finance
value seen: Bachelor’s Degree in Banking and Finance
https://www.amlakfinance.com/team/mr-hesham-abdulla-al-qassim/

Sources: education

COMPANYdate not shown in source

Mr. Hesham Abdulla Al Qassim

Amlak Finance
and a Master’s Degree in International Business Management and Executive Leadership Development from the University of Wollongong Dubai.
value seen: Master’s Degree in International Business Management and Executive Leadership Development
https://www.amlakfinance.com/team/mr-hesham-abdulla-al-qassim/

Sources: full name

COMPANYdate not shown in source

Mr. Hesham Abdulla Al Qassim

Amlak Finance
H.E. Hesham Abdulla Al Qassim
value seen: Hesham Abdulla Al Qassim
https://www.amlakfinance.com/team/mr-hesham-abdulla-al-qassim/

Sources: previous companies

COMPANYdate not shown in source

Mr. Hesham Abdulla Al Qassim

Amlak Finance
Prior to joining Wasl, Mr. Al Qassim held senior roles at National Bank of Dubai.
value seen: National Bank of Dubai
https://www.amlakfinance.com/team/mr-hesham-abdulla-al-qassim/

Sources: summary

COMPANYdate not shown in source

Mr. Hesham Abdulla Al Qassim

Amlak Finance
Prior to joining Wasl, Mr. Al Qassim held senior roles at National Bank of Dubai.
value seen: Hesham Al Qassim is Wasl’s CEO and vice chairman, responsible for the group’s real-estate, hospitality and leisure portfolio. Amlak’s biography describes prior senior banking leadership at National Bank of Dubai and records banking and international-business qualifications.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.amlakfinance.com/team/mr-hesham-abdulla-al-qassim/

Sources: title

COMPANYdate not shown in source

Mr. Hesham Abdulla Al Qassim

Amlak Finance
He is also the Vice Chairman and Chief Executive Officer (CEO) for wasl Asset Management Group
value seen: Vice Chairman and Chief Executive Officer, Wasl Asset Management Group
held out of the figures · the quote does not carry this value
https://www.amlakfinance.com/team/mr-hesham-abdulla-al-qassim/
AP
Avinash Pangarkar
A September 2026 professional-profile result describes Avinash Pangarkar as Wasl’s COO. The same profile documents a finance and investments career spanning Emaar Properties, ROSHN, Dubai Holding, TECOM, Citi and Microsoft; the Wasl role itself is supported by a 2026 business podcast announcement, so the appointment timing and detailed COO remit are not stated in the retrieved sources.
Current title
Chief Operating Officer, Wasl
Experience
no career length stated
Companies before
ROSHN Real EstateEmaar Properties PJSCAbdul Latif Jameel GroupDubai HoldingTECOM Group DubaiCitiMicrosoft
Education
Institute of Chartered Accountants of IndiaCA Finance, Tax, Company Law, Auditing and Accounting
Institute of Cost and Work Accountants of IndiaGraduate, CWA Finance, Accounting and Costing
Other boards
none sourced
Known for
COOex-Emaarex-ROSHNFinance & investments
https://ae.linkedin.com/in/avinash-pangarkar-7b15693

Sources: linkedin page

SOCIALdate not shown in source

Avinash Pangarkar

LinkedIn
# Avinash Pangarkar
value seen: https://ae.linkedin.com/in/avinash-pangarkar-7b15693
value paraphrased from this source
https://ae.linkedin.com/in/avinash-pangarkar-7b15693

Sources: previous companies

SOCIALdate not shown in source

Avinash Pangarkar

LinkedIn
### Group Chief Financial Officer
value seen: ROSHN Real Estate
held out of the figures · the quote does not carry this value
https://ae.linkedin.com/in/avinash-pangarkar-7b15693

Sources: previous companies

SOCIALdate not shown in source

Avinash Pangarkar

LinkedIn
### Group Chief Financial Officer - Emaar Properties PJSC
value seen: Emaar Properties PJSC
https://ae.linkedin.com/in/avinash-pangarkar-7b15693

Sources: summary

PRESS2026-08-15

Nobody teaches you this in school.

The Business Bulletin · carried by linkedin.com
Mr. Pangarkar is one of the most experienced business leaders in the region. He has been Group CFO at both Emaar and ROSHN, held senior roles at Dubai Holding, Citi and Microsoft
value seen: A September 2026 professional-profile result describes Avinash Pangarkar as Wasl’s COO. The same profile documents a finance and investments career spanning Emaar Properties, ROSHN, Dubai Holding, TECOM, Citi and Microsoft; the Wasl role itself is supported by a 2026 business podcast announcement, so the appointment timing and detailed COO remit are not stated in the retrieved sources.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/posts/jonathanjthomas1_thebusinessbulletin-podcast-business-activity-7494440659714523138-NwEa

Sources: title

PRESS2026-08-15

Nobody teaches you this in school.

The Business Bulletin · carried by linkedin.com
Today he is the Chief Operating Officer of wasl
value seen: Chief Operating Officer, Wasl
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.linkedin.com/posts/jonathanjthomas1_thebusinessbulletin-podcast-business-activity-7494440659714523138-NwEa
MA
Mustafa Al Hashimi
Mustafa Al Hashimi is documented as Wasl Group’s CEO for Hospitality & Leisure, with responsibility for a portfolio described as 35 hotels and serviced apartments and associated leisure facilities. His prior Wasl role was general manager of Dubai Creek Golf & Yacht Club; earlier he was a project director at Dubai Event Management Corporation and an engineer at Schlumberger.
Current title
CEO, Hospitality & Leisure, Wasl Group
since Jun 2014 - Present
Experience
20+ years experience
Companies before
Dubai Event Management CorporationCoil Tubing Services, a division of Schlumberger
Education
INSEADUAE Consortium for Executive Development, General Management
Concordia UniversityBachelor of Engineering (B.Eng.), Mechanical Engineering
Other boards
Vice Chairman, Emirates Golf FederationBoard of Trustees Member, Ishara Art FoundationBoard Member, Dubai CommerCityOversight Board Member, EquitativaAdvisory Board Director, Hospitality Asset Management Association
Known for
CEO Hospitality & LeisureHospitalityINSEAD
https://linkedin.com/in/mustafa-al-hashimi-5657484b

Sources: education

SOCIALdate not shown in source

Mustafa Al Hashimi

LinkedIn
### UAE Consortium for Executive Development, General Management at [INSEAD]
value seen: UAE Consortium for Executive Development, General Management
https://linkedin.com/in/mustafa-al-hashimi-5657484b

Sources: education

SOCIALdate not shown in source

Mustafa Al Hashimi

LinkedIn
### Bachelor of Engineering (B.Eng.), Mechanical Engineering at [Concordia University]
value seen: Bachelor of Engineering (B.Eng.), Mechanical Engineering
https://linkedin.com/in/mustafa-al-hashimi-5657484b

Sources: since

SOCIALdate not shown in source

Mustafa Al Hashimi

LinkedIn
Jun 2014 - Present (11 years and 5 months)
value seen: Jun 2014 - Present
https://linkedin.com/in/mustafa-al-hashimi-5657484b

Sources: title

SOCIALdate not shown in source

Mustafa Al Hashimi

LinkedIn
### CEO Hospitality & Leisure - [Wasl Group] (Current)
value seen: CEO, Hospitality & Leisure, Wasl Group
https://linkedin.com/in/mustafa-al-hashimi-5657484b
ZM
Zainab Mohammed
A public professional biography identifies Zainab Mohammed as CEO of Property Management & Marketing at Wasl Properties and says she led more than 150 employees across more than 10 divisions. The retrieved material is primarily a 2015–2016 profile, so her current status on 2026-10-07 remains less certain than the chairman and group CEO’s.
Current title
CEO, Property Management & Marketing, Wasl Properties
Experience
no career length stated
Companies before
Dubai Real Estate Corporation
Education
Heriot-Watt UniversityMaster’s Degree, Strategic Project Management
Other boards
Member, Board of Directors, Emaar Industries and Investments (Pvt) JSC
Known for
CEO Property ManagementProperty managementStrategic project managementEmirates Women Award 2014
https://ae.linkedin.com/in/zainab-mohammed-53193759

Sources: education

OTHERdate not shown in source

Zainab Mohammed, Real Estate

Zainab Mohammed
Master's Degree , Strategic Project Managment .
value seen: Master’s Degree, Strategic Project Management
held out of the figures · the quote does not carry this value
https://zainabmohammed.brandyourself.com/

Sources: summary

OTHERdate not shown in source

Zainab Mohammed, Real Estate

Zainab Mohammed
As CEO - Property Management & Marketing at wasl properties a subsidiary of wasl Asset Management Group
value seen: A public professional biography identifies Zainab Mohammed as CEO of Property Management & Marketing at Wasl Properties and says she led more than 150 employees across more than 10 divisions. The retrieved material is primarily a 2015–2016 profile, so her current status on 2026-10-07 remains less certain than the chairman and group CEO’s.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://zainabmohammed.brandyourself.com/

Sources: title

OTHERdate not shown in source

Zainab Mohammed, Real Estate

Zainab Mohammed
Zainab Mohammed, CEO – Property Management & Marketing , wasl properties – Dubai,UAE
value seen: CEO, Property Management & Marketing, Wasl Properties
https://zainabmohammed.brandyourself.com/
MA
Mohammed Al Hashimi
Mohammed Al Hashimi is identified by MEP Middle East as Wasl’s Director of Projects and was interviewed about delivery of Wasl Tower. His professional profile records progression through Wasl project-management roles and an Executive MBA at American University in Dubai; the interview shows direct responsibility for construction coordination, milestones and sustainability execution.
Current title
Director of Projects, Wasl
Experience
no career length stated
Companies before
Future Art Engineering ConsultancyAlHashimi Investments
Education
American University in DubaiExecutive MBA
Higher Colleges of TechnologyBachelor of Science; High Diploma in Civil Engineering Program
Other boards
none sourced
Known for
Director of ProjectsWasl TowerProject managementExecutive MBA
https://linkedin.com/in/mohammed-al-hashimi-b94819b5
This will be one of Dubai’s tallest and most iconic buildings when it is completed. The National November 14, 2022https://www.thenationalnews.com/uae/megaprojects/2022/11/14/megaprojects-this-dubai-tower-is-tipped-to-be-citys-next-landmark-skyscraper

Sources: education

SOCIALdate not shown in source

Mohammed Al Hashimi

LinkedIn
Executive MBA at American University in Dubai
value seen: Executive MBA
https://linkedin.com/in/mohammed-al-hashimi-b94819b5

Sources: quote

PRESS2022-11-14

Megaprojects: This Dubai tower is tipped to be city’s next landmark skyscraper

The National
“This will be one of Dubai’s tallest and most iconic buildings when it is completed,” said Mohammed Al Hashimi, director of projects for Wasl.
value seen: This will be one of Dubai’s tallest and most iconic buildings when it is completed.
https://www.thenationalnews.com/uae/megaprojects/2022/11/14/megaprojects-this-dubai-tower-is-tipped-to-be-citys-next-landmark-skyscraper

Sources: summary

PRESSdate not shown in source

Exclusive Interview: Wasl Director of Projects on Making a Green Statement with the Wasl Tower

MEP Middle East
Mohammed Al Hashimi delves into the intricate aspects of the Wasl Tower project, discussing the contractors, consultants, suppliers involved, and much more
value seen: Mohammed Al Hashimi is identified by MEP Middle East as Wasl’s Director of Projects and was interviewed about delivery of Wasl Tower. His professional profile records progression through Wasl project-management roles and an Executive MBA at American University in Dubai; the interview shows direct responsibility for construction coordination, milestones and sustainability execution.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.mepmiddleeast.com/projects/exclusive-interview-wasl-director-wasl-tower-project

Sources: title

PRESSdate not shown in source

Exclusive Interview: Wasl Director of Projects on Making a Green Statement with the Wasl Tower

MEP Middle East
Mohammed Al Hashimi, Director of Projects at Wasl,
value seen: Director of Projects, Wasl
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.mepmiddleeast.com/projects/exclusive-interview-wasl-director-wasl-tower-project

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

10 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Wasl TowerDubai, United Arab Emirates
Downtown Dubai
mixed use—64167,733 m²AED 1.46bn
contract value
20/40/4012017May 2017Jan 2020 – Dec 2020Sep 2025 – Dec 2025+64.0 mo
(+57.0 to +71.0)
sourcedcompleted
Gardenia Townhomes IIDubai, United Arab Emirates
Wasl Gate
residential for sale861———60/401202217 Feb 2022Jul 2024 – Sep 2024Mar 2024−5.0 mo
(−6.0 to −4.0)
sourcedcompleted
1 ResidencesDubai, United Arab Emirates
Al Kifaf
residential for sale758145 storeys + 45 storeys (+3 basement levels)—AED 726m
estimated cost
10:9012019Q3 2019—May 2022—not scorablecompleted
The NookDubai, United Arab Emirates
Wasl Gate
residential for sale———AED 250m
estimated cost
40/6012019April 2019Jan 2022Jan 20220.0 mo
(0.0 to 0.0)
sourcedcompleted
Hyatt Centric Jumeirah DubaiDubai, United Arab Emirates
La Mer
hotel—seven-story———202115 Sep 2021—Dec 2021—not scorablecompleted
Aloft Dubai Airport and Element Dubai AirportDubai, United Arab Emirates
Dubai International Airport
hotel, hotel residences—————2021September 15, 2021Sep 2021 – Sep 2022Sep 2021−6.0 mo
(−12.0 to 0.0)
estimatedcompleted
Aloft Al Mina and Element Al MinaDubai, United Arab Emirates
Al Mina
hotel, hotel residences————————May 2021—not scorablecompleted
Park Gate ResidencesDubai, United Arab Emirates
Al Kifaf
residential for sale746127 storeys + 21 storeys + 21 storeys + 27 storeys—AED 688.5m
estimated cost
10/9012017August 2017Jan 2021Nov 2020−2.0 mo
(−2.0 to −2.0)
sourcedcompleted
Wasl Nad TowerDubai, United Arab Emirates
Nad Al Hamar Gardens
residential for rent2041———————Jan 2020 – Dec 2020—not scorablecompleted
Gardenia Townhomes IDubai, United Arab Emirates
Wasl Gate
residential for sale2571———5% / 10% / 5% / 80%1201920 January 2019Sep 2019 – Dec 2019Jul 2019−3.5 mo
(−5.0 to −2.0)
sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

7 found
COMPANY AWARD Winner 29 April 2025 (reported; 2025 awards)
Developer of the Year
Wasl Group was listed as the winner of Developer of the Year at the UAE Realty Awards 2025.
MILESTONE Winner 17 October 2023 (event date; reported 21 October 2023)
Guinness World Records title: Highest Running Track on a Building · 1 Residences, Wasl1 — Sky Track
Wasl’s Sky Track on the 43rd floor of 1 Residences was recognised by Guinness World Records as the highest running track on a building.
RANKING Ranked 12 December 2021
Top 50 Real Estate Developers in MENA 2021
wasl Asset Management Group was ranked third in Forbes Middle East’s Top 50 Real Estate Developers in MENA 2021.
SAFETY / QUALITY Winner 2020 (reported 15 November 2020)
Dubai Quality Gold Award
wasl Asset Management Group was reported as the winner of the Dubai Quality Gold Award, assessed across leadership, strategy, people, processes, products and services, customer results and business results.
MILESTONE Winner 13 March 2018
Guinness World Records title: Largest Aerial Projection Screen
Wasl Asset Management Group set the Guinness World Records title for the largest aerial projection screen during its Year of Zayed 2018 tribute.
COMPANY AWARD Winner 9 April 2018 (reported; ceremony held in 2018)
Pioneers of Real Estate Award
Wasl Properties received the Pioneers of Real Estate Award at the inaugural Arabian Business Real Estate Awards.
RECOGNITION 9 April 2019 (reported; 2018 awards)
SAP Quality Awards 2018 — Bronze
wasl Asset Management Group received the Bronze SAP Quality Award for a business-planning and capital-flow implementation project.

Risks

Risk flags

4 found
DELIVERY DELAY Reissued tender reported September 29, 2022; construction contract awarded November 2023; revised opening target reported July 1, 2026
The Island, a Wasl–MGM project first announced in 2017, remained dormant for several years and required a reissued main-construction tender in September 2022; Wasl awarded the construction contract only in November 2023, with the opening subsequently targeted for Q3 2028. This documents a prolonged project delay, while the later 2028 date is a future commitment rather than completed delivery.
DELIVERY DELAY Delay reported October 26, 2023; completion reported late 2025
Wasl Tower was reported in October 2023 as having undisclosed delays and no confirmed launch date after an originally expected Q2 2024 completion; independent project reporting later stated that the tower was completed in late 2025, indicating the original target was missed.
DELIVERY DELAY Source published 2016-03-02; reported target completion 2019; subsequent completion reported as 2021.
Wasl Asset Management Group took over completion of Tiara United Towers, a project previously developed by Zabeel Properties, after construction had been on hold since late 2008; Wasl’s reported 2019 completion target was missed, and the towers were subsequently completed in 2021.
DELIVERY DELAY Original completion commitment reported 2017-05-21; Q2 2024 commitment reported 2022-10-28; Q3 2024 commitment published 2023-11-08; completion reported in late 2025.
Wasl LLC’s Wasl Tower stalled during the COVID-19 pandemic and missed its originally reported 2020 completion commitment and later Q2/Q3 2024 commitments; the tower was subsequently reported completed in late 2025, so this is resolved historical delay rather than an active failure as of 2026-10-07.

Record status

active
Coverageactive
Tracked sinceOctober 6, 2026
Last checkedOctober 7, 2026 this month
Profile last researchedOctober 7, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.