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Fri 8 Jan 2016 10:18 AM

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Dubai developer launches new project to regenerate Karama

wasl properties says new mixed-use project is part of plan to revitalise older districts of the city

Dubai developer launches new project to regenerate Karama
One of wasls previous developments in old Dubai. (Photo for illustrative purposes only)

Dubai developer wasl properties has announced the launch of wasl Duet in Karama, part of the company's plan to regenerate older districts of the city.

The first building in the two-building mixed-use project was launched this week, with the second due to be released onto the market imminently, the company said.

"wasl properties is delighted to announce the launch of wasl Duet, a new project for the Karama district of Dubai. The mixed-use development forms part of the company's strategy to revitalise the district and transform it into a modern, contemporary neighbourhood," said Zainab Mohammed, CEO Property Management and Marketing, wasl properties.

wasl properties' first building comprises 12 one-bedroom and 18 two-bedroom apartments and has a retail space of 1,355 sq ft.

The second development will have 21 one-bedroom and 30 two-bedroom apartments with a retail space of 3,649 sq ft. The second building will also include a swimming pool, children's play area and a gym.

wasl properties said it has introduced a total of 607 residential units spread across nine projects in Karama since 2008. Its commitment to the area sees a pipeline of another eight projects, which will be developed and delivered up until 2018.

Mohammed added: "Karama is a much sought after district for both residents and for those with commercial concerns thanks to its proximity to major areas in Dubai, its high population density, its vibrancy and its ease of access via the RTA Metro."

Last year, wasl properties announced the launch of "wasl hub" - a new mixed-use project in the Karama neighbourhood of the emirate.

When completed at the end of 2016, wasl hub will feature alley ways and paved temperature-controlled 'sikkas' in and around the residential and retail project providing a comfortable walking environment for residents and visitors even during the hot summer months.

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