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.”
Ahmed Ali Riaz Malik, Group CEO at BT Properties, stated, “At BT Properties, our mission has always been to create developments that go beyond structures. We have always strived to shape communities that reflect innovation, purpose, and long-term value. With ‘WAADA,’ we are proud to bring our legacy to Dubai and contribute meaningfully to its evolving real estate landscape. This project represents our continued commitment to building environments where people can thrive.”
Ahmed Ali Riaz Malik described Waada as ‘a living promise built not just on architectural plans but on three decades of earned trust, scale, and experience’.
The flagship project Waada – a name derived from the word meaning ‘promise’ – embodies a steadfast commitment to creating lasting value and cultivating vibrant, integrated communities. The development includes a diverse mix of property types – from signature mansions and mid-rise residences to townhouses and skyline apartments. Designed with a focus on emotional resonance and practical luxury, architecture and spatial planning aim to foster a sense of safety and belonging. Open spaces, landscaped lagoons, and a carefully curated urban environment enhance visual appeal and overall well-being.
The project also signals a broader evolution in BT Properties’ global strategy. Having delivered millions of square feet across international markets, the company has now firmly planted its flag in Dubai, a move that is both strategic and aligned with the city’s trajectory of innovation, excellence, and sustainable growth.
Waada is poised to generate strong market interest, supported by its compelling value proposition and the credibility of BT Properties. With its guiding principle of Limitless Living, the development underscores the company’s role not only as a builder of real estate but as a steward of community and long-term value.
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Also read: Pakistan’s Bahria Town to build master community in Dubai South
