Wasl 611 Property Development By Wasl Properties
Last Updated on: 11th November 2024, 03:14 pm
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Wasl 611 is a transformative project by Wasl Properties, designed to cater to the evolving needs of modern living in Dubai. Nestled strategically near Academic City and Dragon Mart, this high-end residential development features 33 buildings comprising 3,866 units, including a mix of shared, studio, and one-bedroom apartments ranging from 275 to 726 square feet. As part of Wasl Properties’ commitment to delivering premium real estate, Wasl 611 underscores their status as a reputable player in Dubai’s competitive Dubai Real Estate market. With an expected delivery date of Q1 2024, this project signifies a dedicated investment in quality living spaces and community-oriented features suitable for various lifestyles. Moreover, Wasl manages over 55,000 residential and commercial properties, making them a prominent choice for luxury development projects in the region1.
Key Takeaways
- Wasl 611 features 3,866 units across 33 buildings, catering to diverse living needs.
- Strategic location near key urban centers enhances accessibility.
- Offers a combination of luxury and community-focused amenities.
- Anticipated to positively impact Dubai’s real estate demand.
- The project highlights Wasl Properties’ commitment to quality and innovation.
Overview of Wasl 611 Development
Wasl 611 Property Development By Wasl Properties stands as a testament to the company’s commitment to high-quality living solutions in Dubai. As a prominent premium real estate developer, Wasl Properties has designed this exclusive property development to cater to modern living standards.
Introduction to Wasl Properties
Wasl Properties, established by the Dubai Real Estate Corporation, is recognized as one of the largest developers in the UAE. The company manages a significant portfolio of over 55,000 residential and commercial properties, reflecting its dedication to enhancing living standards in Dubai.
Project Description
The Wasl 611 development comprises a total of 3,866 units spread across 33 buildings, offering a diverse range of accommodation options. Residents can choose from shared flats, studios, and one-bedroom apartments, with sizes varying from 275 to 726 square feet1. This exclusive property development aims to create a vibrant community enriched with modern living amenities.
Premium Amenities and Features
Wasl 611 boasts top-notch amenities, including a community swimming pool, gym facilities, and sports courts for basketball and volleyball. Retail outlets and shared kitchen and dining rooms enhance the sense of community, allowing residents to enjoy a balanced lifestyle. The development emphasizes convenience and style, making it a desirable choice for those seeking a luxurious living experience in Dubai.
Residents can explore the varied options for leisure and recreation within the development and discover its proximity to essential services while enjoying the comfortable living atmosphere provided by Wasl Properties. More details can be found in the official site2.
Prime Location of Wasl 611
The prime location of Wasl 611 significantly enhances its appeal to potential residents and investors. Nestled strategically within the heart of Dubai, it offers unrivaled accessibility to major roads and proximity to key destinations. This combination establishes Wasl 611 as a notable option among Property Investment Opportunities in the region.
Accessibility to Major Roads
Wasl 611 is conveniently situated near Emirates Road and Ras Al Khor Road, enhancing connectivity to Dubai’s comprehensive road network. This location ensures that residents can easily access various parts of the city, improving daily commutes. For instance, residents can reach Al Quoz 1 in just 5 minutes and Downtown Dubai in approximately 10 minutes, making it a prime choice for professionals working in nearby business districts3.
Close Proximity to Key Destinations
The development is also in close proximity to some of Dubai’s popular attractions. Residents can enjoy the Dubai Water Canal, Al Safa Park, and Jumeirah Beach, all just 5 minutes away. Furthermore, a variety of shopping, dining, and entertainment options can be found in nearby malls and districts, such as City Walk. The average rent for residential options in this area, like a 1-bedroom apartment, stands at AED 93,000 yearly, with 2-bedrooms averaging AED 106,0003. The wide range of amenities further accentuates Wasl 611 as a prime High-End Residential Development.
| Destination | Distance |
|---|---|
| Al Quoz 1 | 5 minutes |
| Umm Suqeim | 10 minutes |
| Downtown Dubai | 10 minutes |
| Dubai Water Canal | 5 minutes |
| Al Safa Park | 5 minutes |
| Jumeirah Beach | 5 minutes |
This desirable location, combined with attractive Property Investment Opportunities, positions Wasl 611 favorably within Dubai’s Top Real Estate Developments, ensuring it remains a sought-after destination for both living and investing.
Investment Opportunities in Wasl 611
The Wasl 611 development stands as a beacon of opportunity for real estate investors. This project attracts attention in a dynamic market featuring increasing levels of luxury living. Dubai’s real estate sector remains robust, reaffirming the potential for Investment Properties in Dubai to yield significant returns.
Property Investment Potential
In the current market landscape, properties in Wasl 611 are positioned to meet the escalating demand for high-quality residential spaces. The development consists of 3,866 units distributed across 33 buildings, showcasing a variety of living options, including studios and one-bedroom apartments, measuring between 275 and 726 square feet1. Notably, recent sales data indicates that units in similar projects are achieving competitive prices, enhancing the investment credibility of Wasl 611. For instance, recent registered sales in Wasl The Nook showed prices of AED 770,000 for 523 sq. ft. and AED 1,135,000 for 745 sq. ft4.. Such trends highlight the lucrative potential within this development.
High Demand for Luxury Developments
The rise in expatriates and professionals relocating to Dubai further intensifies the demand for high-end residential offerings. Similar projects in the region, like the Al Furjan Townhouses and Azizi Samia Serviced Apartments, have recorded notable sales, with prices reaching AED 4,620,000 for 2,503 sq. ft4.. A focus on premium amenities within Wasl 611 enhances its appeal, catering to the target demographic seeking luxurious accommodations. Investments in this project are set to benefit from the ongoing trend towards upscale living environments, reinforcing the notion that there is a High Demand for Luxury Developments in Dubai.
Conclusion
In summary, Wasl 611 represents a significant milestone in luxury development projects within the Dubai real estate market. The development is crafted with meticulous attention to detail, encompassing a range of features designed to provide an unparalleled living experience. As construction approaches its final stages, potential buyers will appreciate the prime location and comprehensive amenities that set Wasl 611 apart from typical offerings.
Moreover, this project symbolizes Wasl Properties’ dedication to not only meeting but exceeding the expectations of modern residents in Dubai. With an excellent investment potential, professionals and families alike can find value in such a vibrant community. Those interested in exploring their options in the Dubai real estate sector will find Wasl 611 a compelling choice.
As the market for luxury residences continues to evolve, Wasl 611 stands ready to attract discerning buyers seeking a blend of comfort, style, and convenience. Investing in such a remarkable project undoubtedly aligns with the aspirations of individuals pursuing excellence in their living spaces. For further insights into similar developmental impacts, please refer to research on related topics that underscore the broader implications of strategic real estate investments5.
FAQ
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Source Links
- https://www.wasl.ae/en/campaign/commercial/staff-labour-accommodation/always-on
- https://www.bayut.com/area-guides/warsan-3/
- https://www.propertyfinder.ae/blog/al-wasl-road/
- https://www.squareyards.ae/new-projects/property-in-wasl-gate-dubai
- https://ospi.k12.wa.us/sites/default/files/2023-10/02-23-update-washington-comprehensive-assessment-program.pdf