{"id":24220,"date":"2016-08-28T21:10:31","date_gmt":"2016-08-28T14:10:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=24220"},"modified":"2016-08-28T19:25:13","modified_gmt":"2016-08-28T12:25:13","slug":"wasls-port-views-project-in-bur-dubai-to-contain-almost-1500-apartments-three-hotels","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wasls-port-views-project-in-bur-dubai-to-contain-almost-1500-apartments-three-hotels\/","title":{"rendered":"Wasl's Port Views project in Bur Dubai to contain almost 1,500 apartments, three hotels"},"content":{"rendered":"


\nWasl Group has launched a major, mixed-use project in Bur Dubai that is set to contain almost 1,500 apartments and three mid-market hotels with a total of 528 rooms and serviced apartments.The organisation said that the Port Views project is being built on a 1 million sq ft site close to Port Rashid in Bur Dubai. It will house 1,477 apartments, the three hotels, shops, restaurants, a health club, mosque and a public park in the centre of the site. Construction work is already under way on the site and the project will be handed over in phases, but is expected to be fully developed by 2020.Wasl Group, which develops and manages properties on behalf of the government-owned Dubai Real Estate Corporation, said that four major contracting companies have already been appointed to build various elements of the project.Hesham Al Qassim, the chief executive of Wasl Asset Management Group said: “One of our company’s core roles is to meet demand and fill the current gaps in the market with a range of offerings that suit tenants, retailers and tourists. Wasl aims to fulfil all of this through the development of this significant project within a strategic part of the city.”Speaking ahead of next week’s Cityscape Global event, David Godchaux, the chief executive of Core, UAE associate of Savills, said that the Dubai residential market had witnessed a softening of prices over the past two to three years, but that he expected an upwards pressure on prices “to take effect over the next three-to-six months, and continue driving prices up until 2020”.However, he said Dubai’s residential market was unlikely to witness the double-digit growth rates that have been experienced in its recent past. “You will still have a lot of projects announced, but the market has reached a certain level of maturity that it did not have before.”mfahy@thenational.ae
\n
\nSource : thenational.ae
\nRead more…Wasl’s Port Views project in Bur Dubai to contain almost 1,500 apartments, three hotels<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wasl Group has launched a major, mixed-use project in Bur Dubai that is set to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-24220","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-6iE","jetpack-related-posts":[{"id":48850,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mgm-and-bellagio-hotels-to-be-built-at-new-resort-site-in-dubai\/","url_meta":{"origin":24220,"position":0},"title":"MGM and Bellagio hotels to be built at new resort site in Dubai","date":"March 21, 2017","format":false,"excerpt":"\r US-based MGM Resorts International will open two new hotels in Dubai - an MGM and a Bellagio.The company, which operates a dozen hotels in Las Vegas, has agreed a deal to advise on and manage a 26-acre \"premier destination resort\" for Wasl Hospitality, a division of Wasl Asset Management\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56882,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wasl-to-build-new-district-for-expo-2020-hospitality-staff\/","url_meta":{"origin":24220,"position":1},"title":"Wasl to build new district for Expo 2020 hospitality staff","date":"June 4, 2017","format":false,"excerpt":"\r Wasl Asset Management Group (Wasl) is to build a new community in the Warsan district of Dubai which will be used to house hospitality staff.The firm said that the Warsan project, near International City, will house 26 buildings comprising a built-up area of 2.6 million square feet including 3,866\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30823,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-holiday-homes-give-hotels-serious-competition\/","url_meta":{"origin":24220,"position":2},"title":"Dubai holiday homes give hotels serious competition","date":"October 20, 2016","format":false,"excerpt":"\r Holiday homes in Dubai are giving hotels a run for their money following the introduction of new regulations. The Dubai Government started regulating holiday homes market in 2013, and since then there has been an increase in their numbers. In the first half of the year alone, there has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159940,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/asico-to-manage-national-bonds-corporations-bur-dubai-properties\/","url_meta":{"origin":24220,"position":3},"title":"ASICO to manage National Bonds Corporation\u2019s Bur Dubai properties","date":"August 26, 2025","format":false,"excerpt":"\r It will manage the day-to-day operations, maintenance, and long-term care of residential and commercial assets\r \r Source : arabianbusiness.com\r Read more...ASICO to manage National Bonds Corporation\u2019s Bur Dubai properties","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/08\/ASICO-and-National-Bonds-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":156295,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/burjeel-holdings-acquires-the-medeor-hospital-building-in-bur-dubai\/","url_meta":{"origin":24220,"position":4},"title":"Burjeel Holdings acquires the Medeor Hospital building in Bur Dubai","date":"June 24, 2025","format":false,"excerpt":"\r The deal, for $46.3mn, will optimise the long-term cost structure and save the company nearly $93.4mn in long-term lease\r \r Source : arabianbusiness.com\r Read more...Burjeel Holdings acquires the Medeor Hospital building in Bur Dubai","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/06\/Burjeel-Holdings-Acquires-Medeor-Hospital-Dubai-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":158981,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mandarin-oriental-to-open-dubai-hotel-and-branded-residences-in-wasl-tower-by-october-2025\/","url_meta":{"origin":24220,"position":5},"title":"Mandarin Oriental to open Dubai hotel and branded residences in Wasl Tower by October 2025","date":"August 10, 2025","format":false,"excerpt":"\r Mandarin Oriental to open Dubai hotel with branded residences in Wasl Tower\r \r Source : arabianbusiness.com\r Read more...Mandarin Oriental to open Dubai hotel and branded residences in Wasl Tower by October 2025","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/08\/Mandarin-Oriental-Downtown-Dubai-1000x658-1.jpg?fit=1000%2C658&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24220"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=24220"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24220\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=24220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=24220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=24220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}