Where is Waada by BT Properties situated?

Waada by BT Properties is located at Dubai South, close to Al Maktoum International Airport and major highways, making the area an ideal choice for both living and investing in properties in Dubai.

What is the starting price for all types of properties at Waada by BT Properties?

Studios in this community start at AED 460,000 ($125,300), apartments are priced from AED 1,300,000 ($354,000), townhouses range from AED 2,750,000 ($748,800), and villas at Waada by BT Properties are valued at a minimum of AED 5,900,000 ($1,605,500).

When will construction of Waada by BT Properties be completed?

The handover of properties at Waada by BT Properties is scheduled for Q4 2028.

What is the payment plan for buying a property at Waada by BT Properties?

The main payment plan for buying apartments and townhouses at Waada at Dubai South is 70/30: 10% is paid on booking, 55% during construction, 5% upon handover, and the remaining 30% within two years after completion. There is also an alternative 35/35/30 payment plan.

Can foreigners buy property at Waada by BT Properties?

Yes, foreign nationals can buy any property at Dubai South with full ownership rights and get UAE residency visas depending on the amount they invest.

Waada by BT Properties – Apartments for Sale at Dubai South

Waada by BT Properties is a large-scale community at Dubai South, with palm-lined avenues and turquoise lagoons. Green spaces cover 40% of the area, and the project is designed for 40,000 residents. Properties at Waada at Dubai South include studios, 1-3 bedroom apartments, 3-4 bedroom townhouses and 4 and 6 bedroom villas. All residences are located within five clusters: Altura, Cascada, Rayhan, Raiha and Raima. The living space ranges from 400 sqft (37 m²) to 4564 sqft (424 m²). It is characterised by panoramic windows, neutral colours and smart home systems.

At the centre of the community is a promenade with a dancing fountain, a replica of the Eiffel Tower, an art market, sports grounds, spa areas, walking and cycling paths, picturesque gardens and playgrounds. Waada by BT Properties will also feature an international K-12 school, a modern hospital, a library, a theatre and museums.

Due to its excellent transport links, the apartments and villas at Waada at Dubai South have high investment potential. Al Maktoum Intl. Airport is 10 minutes away, Dubai Marina is 20 minutes drive, while Downtown Dubai is 35 minutes away. Emirates Road is just a 5-minute drive away, and the under-construction Etihad Rail is nearby. Rental yields for properties at Dubai South are already around 7% per annum.

For buying an apartment at Waada by BT Properties, it's an easy 70/30 payment plan, where 10% is paid on booking, 55% during construction, 5% on handover, and 30% within two years post-handover. An alternative option is a 35% down payment, 35% during construction and 30% upon completion. The project is scheduled for handover in Q4 2028.

Renders may look slightly different than real life photos

Studio

1-Bedroom

2-Bedroom

3-Bedroom

4-Bedroom

6-Bedroom

Dubai South is a large residential community covering an area of approximately 145 km², located next to Expo City and Al Maktoum International Airport. It is linked to other areas of Dubai by Sheikh Zayed Road, Sheikh Mohammed Bin Zayed Road and Emirates Road. Jebel Ali Port is also located nearby.

Originally known as Dubai World Central, today it is one of Dubai's freehold zones, which means zero income tax and the opportunity for foreigners to buy property at Dubai South with full ownership rights. These benefits, along with the expansion of the airport, have already attracted half a million professionals, which has further stimulated the construction of residential complexes. According to forecasts, the population of the area is expected to grow to 1,000,000 in the future, so the demand for real estate and services here will become even greater.

In terms of public transport, the F55 bus route runs here, there is an Expo 2020 Metro Station and the Etihad Rail line is under construction, which greatly simplifies daily travel for residents of the area. In addition, Dubai South has eight themed clusters: aviation, logistics, residential, humanitarian, exhibition, commercial, leisure and a business park. This creates a distinctive ‘15-minute city’ where people have their homes, workplaces and entertainment facilities all close by.

The area has a well-developed social infrastructure, with the GEMS Founders School located nearby and several other British schools within a half-hour drive. The NMC Royal Hospital, Al Noor South Clinic and AMI Airport Medical Centre are all within a 20-minute drive. When it comes to shopping and entertainment, the Ibn Battuta Mall is a 25-minute drive away, and The Outlet Village and Dubai Parks & Resorts theme parks are only 15 minutes away. As for natural beauty, Jebel Ali Beach and Al Marmoom Nature Reserve are not far from the area.

With lots of greenery, the Emaar South golf club, numerous bike paths and the Dubai Airshow, this area is ideal for families and expats working in Dubai. Over the past year, the cost of townhouses and villas at Dubai South has increased by 15%, reflecting growing interest from international buyers. Therefore, investing in real estate in this area is a wise choice, offering stable returns and capitalisation over time.

Property in Waada by BT Properties is a rare combination of affordable prices and excellent potential for capital growth. A convenient installment plan with the option of a 2-year deferred payment significantly reduces the financial burden on buyers and expands the potential audience of the project. Investors can already expect returns of 6-8% per annum for studios and apartments in Dubai South and 5% per annum for villas, while the average rent in this area will be AED 55,000 ($55,000) for a one-bedroom apartment and AED 85,000 ($23,100) for a two-bedroom option.

When it comes to capital appreciation, there are three main factors to consider: proximity to the world's largest (future) airport, a freehold zone with zero income tax, and the ability to purchase properties for foreigners. Another important bonus is that 42% of the community's territory is occupied by parks, lagoons, and exclusive attractions such as a miniature replica of the Eiffel Tower.

As a result, demand for properties at Waada at Dubai South exceeds supply, and an additional advantage is the possibility of obtaining a residence visa for investment. For the purchase of property in Dubai worth AED 750,000 ($204,000) or more, you can apply for a 2-year visa. If the investment exceeds AED 2,000,000 ($545,000), you can apply for a 10-year Golden Visa.