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Waada, Dubai South: photos

Off-planKeys Dec 2028

Waada

New homes in Dubai South, by BT Properties

New homes in Waada start at AED 460,000; keys are due Dec 2028; you pay 10% to book, 55% while it is built and 35% at the keys.

In the 12 months to Oct 19, 2026, Dubai Land Department recorded 5,982 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Dubai World Central. Their median price is AED 1,771 per sq ft (about AED 708,000 at 400 sq ft). This project's from price is AED 1,150 per sq ft (AED 460,000 for its smallest home, 400 sq ft), 35% less.

Keys
Dec 2028
The developer's handover date
Payment plan
10 / 55 / 35
10% to book, 55% while it is built, 35% at the keys
Bedrooms
Studio to 6 beds
Sizes
400 sq ft
Ownership
Freehold
Property types
Apartment, Villa, and Townhouse
Registration fee
4% of the price
Paid to the Dubai Land Department

Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.

Dubai Land Department register

From price per sq ft
AED 1,150 per sq ft
Similar off-plan homes: AED 1,771 per sq ft

We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.

Paying for it

You pay 10% when you book, 55% as the building goes up, and 35% when you get the keys.

WhenStageShareAmount
NowBooking10%AED 46,000
Feb 2027While it is built6.9%AED 31,625
May 2027While it is built6.9%AED 31,625
Jul 2027While it is built6.9%AED 31,625
Oct 2027While it is built6.9%AED 31,625
Jan 2028While it is built6.9%AED 31,625
Apr 2028While it is built6.9%AED 31,625
Jun 2028While it is built6.9%AED 31,625
Sep 2028While it is built6.9%AED 31,625
Dec 2028Keys35%AED 161,000
By Jan 2028 you will have paid AED 204,125, 44.4% of the price.Still to pay: AED 255,875.
Booking payment, 10%
AED 46,000
Dubai Land Department fee (Oqood), 4%
AED 18,400
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 64,400
  • The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
  • Your payments go into the project's escrow account, which RERA watches, not straight to the developer.

Before you buy

Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Buildings in this area paid a median of AED 14 per sq ft a year in 2023, from 9 buildings on the Dubai Land Department register. For the smallest home (400 sq ft) that is about AED 6,000 a year.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.

Is the price fair?

Dubai Land Department recorded 5,982 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Dubai World Central, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.

We compare with off-plan sales across Dubai World Central, as this project isn't on the Dubai Land Department register yet or has too few sales.

Dubai Land Department recorded 5,982 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in Dubai World Central, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.

Median price AED 1,771 per sq ft

AED 1,134 per sq ftAED 2,536 per sq ft

This project AED 1,150 per sq ft

Half of the sales sold for AED 1,655 to AED 1,936 per sq ft

The median is the middle sale: half sold for less, half for more.

Show as table
Price per sq ftSales
AED 1,134 to AED 1,309 per sq ft248
AED 1,309 to AED 1,485 per sq ft123
AED 1,485 to AED 1,660 per sq ft1,186
AED 1,660 to AED 1,835 per sq ft2,128
AED 1,835 to AED 2,010 per sq ft1,246
AED 2,010 to AED 2,185 per sq ft901
AED 2,185 to AED 2,360 per sq ft127
AED 2,360 to AED 2,536 per sq ft23

The 3 closest sales

Picked from the 5,982 similar sales above, closest in size to this project's smallest home.

  1. Feb 2026AED 460,000AED 1,147 per sq ftWaada - Altura 1, 401 sq ft
  2. Nov 2025AED 460,000AED 1,147 per sq ftWaada - Altura 1, 401 sq ft
  3. Mar 2026AED 460,000AED 1,147 per sq ftWaada - Altura 1, 401 sq ft

Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.

What similar homes sold for

The median price of off-plan homes with the same number of bedrooms that sold in Dubai South in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.

TypeOff-plan medianSalesAgainst similar sales
Studio apartmentFrom AED 460,000 hereOff-plan medianAED 650,000AED 1,757 per sq ftSales6,18135% below 5,982 similar sales
1-bed apartmentOff-plan medianAED 1,186,000AED 1,599 per sq ftSales4,465
2-bed apartmentOff-plan medianAED 1,865,000AED 1,555 per sq ftSales2,463
3-bed apartmentOff-plan medianAED 2,500,000AED 1,553 per sq ftSales351
4-bed apartmentOff-plan medianToo few sales for a medianSales5
5-bed apartmentOff-plan medianToo few sales for a medianSales0

Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.

Rent and yield

Gross yield at the from price
9.1%
Typical for similar ready homes
9%
Median rent of studio apartments in Dubai South
AED 42,000 a year
Rent contracts counted
850
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 42,000 a year
1-bed apartment
AED 58,500 a year
2-bed apartment
AED 85,000 a year
3-bed apartment
AED 125,000 a year

Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 42,000 ÷ AED 460,000 = 9.1%. The home earns nothing until the keys, and new buildings often rent for more than older ones.

Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.

About Waada

Waada is a BT Properties community in Dubai South with apartments, villas and townhouses from AED 460,000 and a listed handover of December 2028. Its from price per square foot is about 35% below 5,982 studio off-plan sales across Dubai World Central over the 12 months to October 2026, but the listing's sizes do not match its home types, so check the floor plans.

The Dubai Land Department lists 5,982 studio off-plan sales across Dubai World Central in the 12 months to October 2026. The from price per square foot is about 35% below their median. Those sales are spread over the area, not made in Waada itself, so ask for the price per square foot of the exact unit you are offered.

The listing gives homes from studios to six bedrooms, as apartments, villas and townhouses, yet shows one size of 400 sq ft for all of them. One size cannot fit every home type, so ask for the floor plan and size of the home you want before you book. Shared facilities listed include a barbecue area, a shared pool, a children's pool, a gym and 24/7 security, and homes have balconies.

The plan is 10% on booking, 55% during construction and 35% at handover, listed for December 2028. At the from price that is AED 46,000, AED 253,000 and AED 161,000, so AED 299,000 is paid before handover. The listing also mentions a four-step 10 / 55 / 5 / 30 plan, so confirm which plan applies. Separately, the 4% DLD fee comes to AED 18,400; ask when it is due.

The nearest clinic is Saudi German Clinics South Village, about 3.9 km away and around 8 minutes by car by our estimate. Expo 2020 Metro Station is about 15.3 km away, around 25 minutes by car. Greenfield International School is about 18.1 km away, around 29 minutes by car, and Jebel Ali Open Beach about 20.8 km.

The developer

BT Properties

See every project by BT Properties

Floor plans

The developer's plans. Sizes and layouts can change; ask us for the plan of the exact unit you're looking at.

  • Studio
  • 1 BR
  • 2 BR
  • 3 BR
  • 4 BR Townhouse
  • 6 BR Villa

Waada: floor plans

How prices moved

Median price of studio apartments in Dubai South, over the 12 months to each dateUp 3% from Dec 2024 to Sep 2026.

Dec 2024AED 1,703 per sq ft

Sep 2026AED 1,757 per sq ft

Show as table
12 months toMedian priceSales
Sep 2026AED 1,757 per sq ft6,181 sales
Jun 2026AED 1,727 per sq ft3,699 sales
Mar 2026AED 1,685 per sq ft1,781 sales
Dec 2025AED 1,708 per sq ft1,614 sales
Sep 2025AED 1,719 per sq ft1,834 sales
Jun 2025AED 1,720 per sq ft1,639 sales
Mar 2025AED 1,699 per sq ft1,253 sales
Dec 2024AED 1,703 per sq ft1,058 sales

Off-plan sales registered with the Dubai Land Department.

Questions about this project

Can foreigners buy here?

Yes. It's in a freehold area, so foreign buyers can own outright.

How does the from price compare with other sales?

The from price per square foot is about 35% below 5,982 studio off-plan sales across Dubai World Central over the 12 months to October 2026.

What size is each home type?

The listing shows one size, 400 sq ft, for studio to six-bedroom homes across apartments, villas and townhouses. Ask for the floor plan of the home you want.

What do I pay before handover?

65% of the price: AED 46,000 on booking and AED 253,000 during construction at the from price. The listing also mentions a 10 / 55 / 5 / 30 plan, so confirm the steps.

When is handover?

The listed handover is December 2028. Ask BT Properties for a construction update before you book.

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