Wasl Real Estate: Indicators of Emirati youth’s tendency towards real estate investment are rising
wasl properties, one of the largest property development and management companies in Dubai, announced the launch of Building 1 of “The Nook” as part of its main project wasl gate in Jebel Ali.
The new building consists of 299 apartments ready to move in, which was launched after the sale of the first building of "The Nook" almost completely, as this demand revealed the emergence of young investors in the Dubai real estate market, while Emirati youth accounted for 50% of the total number of buyers.
The Nook 1 consists of one, two and three bedroom apartments.
The project features modern facilities, including a swimming pool, gym and children's area, in addition to the spread of green landscapes that ensure a comfortable lifestyle for the residents.
The Nook is part of the main Wasl Gate project, which includes the Festival Plaza Mall, IKEA and ACE stores. It is also located near the Energy metro station, with many other major commercial and entertainment attractions near the project.
The total area of the wasl gate project is 1.13 million square meters, and upon completion it will include approximately 7,000 housing units, in addition to hospitality services, community and recreational facilities, and many restaurants and cafes spread throughout.
The project will also be in close proximity to free zones, including Jebel Ali Free Zone (Jafza), DMCC, Dubai Internet City, Dubai World Central and Dubai Parks and Resorts.
Wasl Gate will also include a central garden, a dog park, many water attractions and children's play areas, to be one of the most attractive destinations to live, work and visit.
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