Wasl Group Plans to Double Affordable Housing Portfolio in Dubai Over the Next Five Years
Tuesday, 3 March 2026
Wasl Group is expanding its affordable housing strategy with plans to double its residential portfolio across Dubai, supporting inclusive growth and sustainable urban development as the city’s population continues to rise.
Key Highlights:
- Dubai’s population surpassed 4 million in August 2025, with around 567 new residents arriving daily, driving demand for diverse housing options.
- Wasl currently manages around 45,000 affordable residential units, providing homes for nearly 180,000 residents, most of whom are families.
- The developer’s communities are designed around connectivity, green spaces, and accessible amenities, enhancing quality living for residents across income groups.
- Wasl Village includes about 6,200 residential units, offering studios and multi-bedroom apartments within a well-planned neighborhood.
- Wasl Green Park features approximately 2,527 homes surrounded by landscaped environments and community facilities.
- A Memorandum of Understanding signed with Roads and Transport Authority and Dubai Municipality aims to significantly expand affordable leasehold housing across the emirate.
- Upcoming projects will cover a planned area of 1.46 million square metres, delivered in phases to support infrastructure readiness and community sustainability.
- The initiative supports the Dubai 2040 Urban Master Plan, which promotes balanced housing options across luxury, mid-income, and affordable segments.
- It also aligns with the Dubai Economic Agenda D33, encouraging workforce stability and long-term economic growth.
- Over the next five years, Wasl aims to double its affordable housing portfolio, strengthening Dubai’s inclusive and future-ready urban landscape.
