MBRHE and Wasl Group Unite for Sustainable Housing Development

The Mohammed Bin Rashid Housing Establishment (MBRHE) and Wasl Group have formalized a pivotal partnership by signing a Memorandum of Understanding (MoU) aimed at advancing sustainable housing projects in Dubai. This collaboration aligns with the Dubai Urban Plan 2040, reinforcing the city’s commitment to sustainability, innovation, and enhancing community well-being.

Key Highlights of the MoU

1. Priority Investment Opportunities: The MoU grants Wasl Group privileged access to future housing project investment opportunities, positioning the organization as a key player in Dubai’s evolving housing sector.
2. Commitment to Innovation: Both entities aim to leverage innovative technologies to improve the quality of housing services, addressing the needs of citizens while promoting sustainable living practices.
3. Knowledge Exchange: The agreement underscores the importance of sharing expertise and fostering collaboration to shape progressive housing policies and solutions.
4. Formation of Joint Task Forces: Dedicated teams from both organizations will be established to ensure the effective execution of projects, emphasizing continuous coordination and resource optimization.

Statements from Leadership

Hesham Abdullah Al Qassim, CEO of Wasl Group, described the agreement as a strategic milestone, stating, “Through this partnership, we aim to deliver innovative projects that serve citizens and support Dubai’s future aspirations.”

Omar Hamad Bu Shehab, CEO of MBRHE, echoed this sentiment, highlighting the Establishment’s commitment to enhancing strategic alliances. “We strive to improve citizens’ quality of life through innovative housing projects that achieve sustainability and foster innovation,” he said.

Vision for Sustainable Urban Development

The collaboration is poised to transform Dubai’s housing landscape by focusing on:

• Developing housing projects on land provided by MBRHE.
• Ensuring projects align with citizens’ evolving needs.
• Enhancing community welfare through sustainable initiatives.

This partnership between MBRHE and Wasl Group represents a significant step toward realizing Dubai’s vision for a sustainable and innovative urban future. Through shared expertise and a unified approach, the two entities aim to set a benchmark for sustainable housing development in the region.