Wasl Asset Management Group has sold all units in the first of four towers that make up its new Park Gate Residences project in Dubai.
Located near Zabeel Park, Park Gate Residences comprises a total of 746 units.
The project is part of wasl’s parkside freehold master development, wasl1 which is scheduled to be complete by 2020.
wasl revealed in August that it had appointed Kele Contracting to build the first phase of wasl1.
Enabling works are now underway while Hills & Fort Construction is on site managing the infrastructure for the development.
Having sold out of the first tower of Park Gate Residences, wasl says it will bring the second tower to market soon.