Money and business

The outstanding performance of Dubai Properties and Wasl Group reflects the strength of the real estate sector in the emirate

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, chaired the meeting of the Board of Directors of the Dubai Real Estate Corporation, stressing that the distinguished performance of the Corporation and the Wasl Group reflects the strength of the real estate sector in the Emirate of Dubai.

His Highness said in a blog post on his account on the

His Highness added: “We reviewed the group’s role in supporting the affordable housing file by providing 45,000 housing units, representing 85% of the group’s residential rental portfolio, with plans to double the portfolio in the coming years in support of the Dubai Urban Plan 2040.”

His Highness continued: “Dubai continues its journey towards a pioneering model in urban planning and city development, and our endeavor continues to provide an integrated urban environment that enhances the quality of life and opens the doors to investment and a comfortable living for every citizen and resident.”

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