Page 89 - BT PROPERTIES PR REPORT - MAY 2025

6/3/25, 1:46 PM BT Properties unveils Waada in Dubai South

BT Properties unveils Waada in
Dubai South

June 2, 2025 2

By Saifur Rahman

BT Properties, a new Dubai-based property developer owned by Pakistan’s Bahria Town promoters, unveiled its flagship development project Waada, a master-planned
community in Dubai South – the 140-square-kilometre aerotropolis that is being developed around Al Maktoum International Airport – the world’s largest greenfield
airport that has a design capacity to handle 260 million passengers annually.

Waada is a gated residential community that has a design capacity to host 40,000 people with luxury properties ranging from apartments, villas and penthouses
interconnected with landscaped gardens, walkaways and community facilities.

Company officials declined to give the development value, neither the plot size nor the total number of properties that they would build within the project. However, they
say, construction of the project will start ‘soon’ while the deliveries will start from 2028. Prices of apartments start at Dh460,000 while prices of townhouses and villas
start from Dh2.7 million. For customer convenience, the developer is offering a 70:30 payment plan with 70 percent of the price to be paid during construction and the
balance after handover.

“The market response has been exceptional, with studios and one-bedroom apartments already sold out,” Malik Riaz Hussain, Founder and Chairman of BT
Properties, told Gulf Property in an exclusive interview. “At present site preparation and enabling works are being fast-tracked. Full-scale construction will commence
shortly, with all partners aligned for timely execution.

“The development spans a strategically positioned prime parcel in Dubai South, chosen for its proximity to Al Maktoum International Airport and alignment with Dubai
2040 Urban Master Plan. Detailed specifications will be shared during project updates.

“The master plan is designed to host a balanced mix of residential and lifestyle offerings, catering to a population of approximately 40,000. This includes a dynamic
blend of apartments, townhouses, villas, and signature mansions — all within an integrated, walkable urban community.”

BT Property owners bring more than 30 years of experience in delivering large-scale, integrated, people-centric developments across Pakistan. Bahria Town is a series of
townships and gated communities developed in Rawal Pindi, Islamabad, Lahore and Karachi – making it one of the largest master developers in Pakistan.

The launch of Waada marks a significant milestone in the company’s expansion into the UAE market and reflects its commitment to contributing to the region’s real
estate landscape.

Situated in Dubai South, minutes from Al Maktoum International Airport and the Expo 2020 Legacy District, Waada will be an exquisite development that integrates
architecture, sustainability, and livability. The project aligns closely with the objectives of the Dubai 2040 Urban Master Plan, offering a forward-thinking approach to
urban development.

Malik Riaz Hussain said, “For over 30 years, I have believed that the true measure of success is not what we build, but who we uplift. Bahria Town was never just a real
estate venture — it was a mission to transform lives, restore dignity, and give people a sense of belonging.

“Every city we developed was built on trust, every road on resilience, and every home on hope. And today, as this legacy expands into Dubai through BT Properties and
WAADA, our purpose remains unchanged: to build not just structures, but futures. I dedicate this journey to the millions who trusted us, to every worker who shaped our
cities, and to every citizen who now calls them home.”

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