According to a statement on its website, wasl Asset Management Group has begun enabling works on its wasl1 freehold master development in Dubai. Kele Contracting was appointed for phase 1 of the project, while Hills & Forts Construction is responsible for managing infrastructure for the development.

Park Gate Residences falls under phase 1 of the project and is located adjacent to Zabeel Park. The development consists of four residential towers, with 746 units split between one, two and three bedroom apartments. There are also podium townhouses and penthouses, all of which will overlook the nearby Zabeel Park.

His Excellency Hesham Al Qassim, CEO of wasl Asset Management Group, commented, “wasl1 is the latest milestone in our mission to provide Dubai with community living spaces that blend the best of city living with a lifestyle surrounded by bliss. We are especially proud of this project, which is our first master development and reflects Dubai’s vision for the freehold sector. It promises residents a peaceful island in the middle of the city, creating a sophisticated synergy between urban offerings and holistic balance that resonates with the modern-day buyer.”

Park Gate Residences will feature children’s play areas on the podium roofs; a fully equipped gymnasium with changing rooms, a multi-purpose hall and another children’s play area; and a landscaped area between the podiums with water features and a terrace with cafes and restaurants.

The development will also provide tenants with 1,000 parking spaces in two basements, and four podium level car parks. 25,000sqft of leasable retail area is also being developed as part of the project.