Luxhabitat Sotheby’s International Realty to manage sales of 1 Residences

wasl Asset Management Group has appointed Luxhabitat Sotheby’s International Realty for sales of 1 Residences. The luxury residential project is taking shape within the wasl1 master development in Dubai.

According to a statement, the complex has been envisioned to meet the most discerning demands of potential investors and new homebuyers, offering a ready-to-move-in development in the heart of the city. In October 2021, Empower began supplying cooling for 1 Residences from its plant in Dubai International Financial Centre.

“Several initiatives from the UAE government in providing unrivalled stability to weather globally impactful events have turbocharged an influx of new investors. The continued global interest in Dubai will result in the rise of real estate assets designed specifically for new home-owners and investors, especially those that are of high-quality and are ready to be occupied.  Through 1 Residences, the developers have created an environment that appeals to those looking for an immersive living experience with excellent connectivity,” said George Azar, Chairman and CEO of Luxhabitat Sotheby’s International Realty.

Billed as the flagship residential complex in wasl1, the dual-tower 1 Residences project features apartments ranging from one- to three-bedroom units. It is also said to be home to a unique array of world-class amenities and facilities managed by wasl, including an outdoor 340m jogging track and an outdoor swimming pool that overlooks the city’s skyline.

In February 2022, wasl Properties announced the launch of Gardenia Townhomes II in Jebel Ali, Dubai, while in April, it launched ‘wasl village’, a new master development billed as a residential and retail oasis in Al Qusais.

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