Wasl Group said that it is expanding its portfolio of affordable housing in the UAE. Currently the group manages more than 45,000 residential units in different communities in the country, home to nearly 180,000 residents, with more than 90% being families, the firm said.
In May 2025, Wasl signed an MoU with the RTA and Dubai Municipality to double its affordable leasehold residential portfolio across Dubai, the firm added.
Together, these projects will span a total planned area of 1.46m sqm, with phased delivery across multiple stages to ensure infrastructure readiness.
This initiative supports the Dubai 2040 Urban Master Plan, which calls for a balanced housing ecosystem encompassing luxury, mid-income, and affordable segments, while upgrading urban areas into vibrant, inclusive communities.
The program also advances the Dubai Economic Agenda D33 by supporting workforce stability, economic productivity, and long-term market resilience through diversified housing supply and a stronger focus on end-user demand amid the city’s rapidly growing population, the firm added.
Whilst building these communities, an important aspect has been wellness and landscaping. This approach is seen in master-planned communities such as Wasl Village in Al Qusais, which have around 6,200 residential units ranging from studios to 1-, 2- and 3-bedroom apartments. Wasl Green Park offers approximately 2,527 1-, 2- and 3-bedroom homes set within landscaped surroundings.
Wasl also aims to double its residential leasing portfolio over the next 5 years, showing that it is a key partner in shaping Dubai’s urban future, the statement concluded.
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