Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, launched about Dhs2 billion new package tourism development, residential and commercial projects in Dubai, being carried out by Dubai Real Estate Corporation under the umbrella of Wasl Group.
This was disclosed during the visit of Sheikh Mohammed today to the headquarters of Wasl Group in Dubai. He was accompanied by H. H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and H. H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Board Chairman of Dubai Real Estate Corporation.
Sheikh Mohammed, Sheikh Hamdan, Sheikh Maktoum, a number of officials and Board Members of the Corporation, viewed a demonstration about the assets of Dubai Real Estate Corporation and the projects being executed by the Corporation to modernise the real estate sector in the emirate of Dubai.
After the demonstration presented by Hisham Abdullah Al Qasimi, CEO, Wasl Group, for Assets Management, Sheikh Mohammed toured the designs of engineering projects, and got briefed about the designs and execution of these projects.
He was briefed about the rehabilitation of heritage project in the area of Al Maktoum Hospital, which reflects the heritage and cultural environment of the UAE people. The project also includes specialised museum of the health sector, which relates the story of setting up Al Maktoum Hospital, as the first Hospital in the UAE in 1951. The project includes hotel, residential tower, commercial and residential buildings. It also includes Souq, restaurants to serve local food, as well as other amenities.
Sheikh Mohammed lauded the efforts of Corporation headed by Sheikh Maktoum.
CEO of Wasl Group thanked Sheikh Mohammed for his support to the national corporations and the Emirati youth.