Maktoum hails DREC and Wasl Group's impressive performance

Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the Dubai Real Estate Corporation (DREC), chaired a meeting of the DREC Board of Directors, during which he reviewed the 2025 performance of Wasl Group.

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Sheikh Maktoum commended DREC and Wasl Group’s outstanding performance, which reflects Dubai’s robust real estate sector and its ability to drive sustainable growth and development.

He affirmed that the real estate sector remains a vital pillar of the emirate’s economy, supporting job creation, fuelling infrastructure development and helping anchor Dubai's status as a leading global destination for living, investment and opportunity.

Sheikh Maktoum Bin Mohammed said, “The vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has established a leading benchmark for urban planning and development. Today, Dubai continues to realise this vision through world-class real estate projects that enhance our quality of life and bolster the emirate’s global competitiveness.” He directed Wasl Group to continue delivering innovative, high-impact real estate projects that advance the objectives of the Dubai Economic Agenda D33 and support the emirate’s ambition to rank among the world’s top three urban economies, while upholding to the highest standards of excellence and quality across the real estate, hospitality and entertainment sectors.

The meeting was attended by Hesham Abdulla Al Qassim, Vice Chairman; Mohamed Hadi Ahmed Al Hussaini; Rashid Mohammed Rashid Al-Mutawa; Shuaib Mir Hashem Khouri; Rashid Ali bin Oboud; and Abdulaziz Mohammed Al Mulla.