BT Properties in Dubai South

BT Properties DWC LLC is based in Dubai South and operates as the international real-estate arm of the wider Bahria Town platform. The company opened its Dubai South head office in January 2025, following a development agreement announced with Dubai South in December 2024 — the district covered in GRAF's Dubai South guide.

WAADA masterplanned community

WAADA is the company's debut UAE development. The published masterplan combines apartments, townhouses, villas and mansions with schools, parks, healthcare, retail and community facilities. Residential phases include Altura, Cascada, Rayhan and Raiha.

WAADA launched in May 2025 and started Phase 1 construction in August 2025. The company published Q4 2028 as the planned handover at that milestone. July 2026 reporting recorded main construction contracts for Altura 1 and Cascada 1 and continuing works across the wider masterplan.

Sources: BT Properties — Dubai South head office, BT Properties — WAADA launch, and BT Properties — Phase 1 groundbreaking.

A mixed-use masterplanned community taking shape in Dubai South

Master developerCommunityVillasApartmentsDubai South

Who owns BT Properties?

BT Properties is private and unlisted. Its own head-office release calls the company the international arm of Bahria Town, and Bahria Town's homepage links out to btproperties.ae, so both sides state the relationship in writing. Malik Riaz Hussain is Bahria Town's founder and chairman, and Khaleej Times and Construction World print him as chairman and founder of BT Properties; Ahmed Ali Riaz Malik is chief executive. Dubai South's release names its land-agreement counterparty as BT Holding LLC, Dubai. Bahria Town, the group behind it, has built more than 1,300 million sq ft across five Pakistani cities and housed over 375,000 families in 30 years — the record WAADA draws on.

Source: BT Properties — the international arm of Bahria Town, 10 January 2025 · Dubai South — agreement signed with BT Holding LLC, Dubai

Track record

Buildings that made the name

  1. 01 Dubai South Golf District agreement Dubai South announced the signing on 6 December 2024 for a gated master community in its Golf District, near Al Maktoum International Airport. The release names the counterparty as BT Holding LLC, Dubai, and was signed by HE Khalifa Al Zaffin for Dubai South and Ahmed Ali Riaz Malik as Group CEO. Signed 2024
  2. 02 Dubai South head office Office 101, 1st Floor, Building A1, Dubai South Business Park, opened on 10 January 2025 with a ribbon-cutting led by Malik Riaz Hussain. The same release states that BT Properties is the international arm of Bahria Town. Opened 2025
  3. 03 WAADA launch Presented at Grand Hyatt Dubai on 27 May 2025 as the company's debut UAE community. Waada is Arabic for promise. The launch listed studios and one- to three-bedroom apartments, townhouses, three- and four-bedroom semi-detached villas, six-bedroom villas and signature mansions. Launched 2025
  4. 04 WAADA Phase 1 construction start Construction began on 4 August 2025. The release states handover in Q4 2028, a 70/30 payment plan with post-handover options, and a community planned for more than 40,000 residents. Under construction, due 2028
  5. 05 WAADA first-year event, Coca-Cola Arena A one-year celebration on 18 December 2025 headlined by Maroon 5, reported by Gulf News in its GN Focus commercial-content section. Held 2025
  6. 06 Altura 1 and Cascada 1 main contracts Main construction contracts for the two towers were signed in June 2026. Phase 1 grading was complete and Phase 2 grading under way, with foundation works at Altura and structural works at Raiha and Rayhan. Contracts signed 2026

BT Properties track record

First UAE residents due
Q4 2028
WAADA, Golf District — the community's published handover quarter
UAE communities
1
WAADA, 13.5 million sq ft in the Golf District of Dubai South
Residential neighbourhoods published at WAADA
4
Altura, Cascada, Rayhan and Raiha
Group heritage, Pakistan
1,300m+ sq ft
Bahria Town over 30 years across five cities, home to 375,000+ families — the group's record, not the UAE record

The UAE record and Bahria Town's record in Pakistan are two different things, each at its own scale.WAADA is the company's first and only UAE project and it is under construction.

What BT Properties is known for

WAADA masterplan area
13.5 million sq ft in Dubai South
Open and green space
40% of the masterplan
Published neighbourhoods
4 — Altura, Cascada, Rayhan, Raiha
Entry price at launch
AED 460,000 for apartments, AED 2.7m for townhouses and villas, June 2025
Payment plan
70/30 with post-handover options, stated August 2025
Backed by Bahria Town
Asia's largest private developer, 1,300m+ sq ft and 375,000+ families across five Pakistani cities in 30 years

The AED 460,000 and AED 2.7m entry prices were published on 5 June 2025; confirm the current price list before relying on them.

Every decision we make is guided by a single ambition, to create a community that endures.
Ahmad Ali Riaz Malik Chief Executive Officer, BT Properties Gulf News — on WAADA's construction milestones, 17 July 2026

Where BT Properties builds

WAADA, Dubai SouthDubai South projectsTownhouses in DubaiVillas in Dubai

Current projects via GRAF

WAADA — Dubai South

WAADA

Dubai South

From AED 460k

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How BT Properties differs from other Dubai developers

BT Properties builds one thing in the UAE: WAADA, a single community in the Golf District of Dubai South. The whole product ladder sits inside that one masterplan, from studios to six-bedroom villas and mansions, and the company publishes an area figure, a green share and a handover quarter for it.

Every UAE figure traces to one masterplan
WAADA is the company's debut UAE project, and it carries the full weight of the launch — 13.5 million sq ft, four named neighbourhoods and a dated construction record, all in one place rather than spread across a portfolio.
The land came by agreement with the master developer
Dubai South announced the signing on 6 December 2024 for a gated community inside its Golf District, rather than a plot bought on the open market.
The full ladder inside one masterplan
Altura is studios and one- and two-bedroom apartments, Cascada one- to three-bedroom apartments, Rayhan three- and four-bedroom townhouses, Raiha four-bedroom semi-detached and six-bedroom villas. Signature mansions were listed at launch.
40% open and green space
Gulf News gives 40 per cent of the 13.5 million sq ft masterplan as parks, landscaped boulevards and gathering places.
Named replica landmarks in the masterplan
The developer published a resized Eiffel Tower and a life-size copy of an Istanbul mosque as community landmarks, alongside Masjid-E-Rafi in the Phase 1 build.
Backed by three decades of delivery in Pakistan
Bahria Town has built more than 1,300 million sq ft across five Pakistani cities and housed over 375,000 families over 30 years — the group behind WAADA's construction in Dubai South, with first residents due Q4 2028.
Why GRAF recommends BT Properties

BT Properties suits a buyer looking at Dubai South who wants a studio, apartment, townhouse or villa inside a single planned community five minutes from Al Maktoum International Airport, and who is buying off-plan for a Q4 2028 handover.

What the record shows
  1. The landowner published the agreement itselfDubai South's own newsroom announced the December 2024 signing, named the Golf District and named the signatories on both sides.
  2. The masterplan carries figures, not adjectives13.5 million sq ft, 40% open and green space, four named neighbourhoods with their bedroom counts, and a Q4 2028 first-resident date.
  3. Construction is dated step by stepSoil testing July 2025, construction start 4 August 2025, Phase 1 grading complete, main contracts for Altura 1 and Cascada 1 signed June 2026, sales centre and show apartment open.

GRAF editorial team

BT Properties — frequently asked questions

Who owns BT Properties?

BT Properties is private and unlisted, the international arm of Bahria Town, Asia's largest private real estate developer. Malik Riaz Hussain is Bahria Town's founder and chairman; Ahmed Ali Riaz Malik is chief executive — see the ownership answer above for Bahria Town's scale in Pakistan.

Source: BT Properties — Dubai South head office release

What has BT Properties built in Dubai?

The company signed its land agreement with Dubai South in December 2024, opened its head office in January 2025, launched WAADA in May 2025 and broke ground on Phase 1 in August 2025. Main construction contracts for Altura 1 and Cascada 1 were signed in June 2026. The first residents are scheduled for Q4 2028.

Source: Gulf News — WAADA construction milestones

What is WAADA?

WAADA is BT Properties' only UAE project: a 13.5 million sq ft gated community in the Golf District of Dubai South, roughly five minutes from Al Maktoum International Airport with direct access to Emirates Road. Waada is Arabic for promise. Four neighbourhoods are published — Altura, Cascada, Rayhan and Raiha — and 40 per cent of the masterplan is open and green space.

Source: Gulf News — Thirty years of legacy with BT Properties

Is BT Properties the same company as Dubai South?

No. Dubai South is the 145 sq km Dubai Government master development launched in 2006, and it owns the land. BT Properties is the developer that signed an agreement with it on 6 December 2024 to build a gated community inside the Golf District. Dubai South's own residential projects, such as HAYAT, South Bay and Pulse Beachfront, are separate from WAADA.

Source: Dubai South — agreement with BT Holding LLC, Dubai

What is the relationship with Bahria Town?

BT Properties describes itself as the international arm of Bahria Town, the Pakistani group founded and chaired by Malik Riaz Hussain. Gulf News gives the group's record as 30 years, five Pakistani cities, more than 1,300 million sq ft developed and more than 375,000 families housed — the track record behind WAADA, BT Properties' first UAE project.

Source: Gulf Business — 5 things to know about BT Properties

What did WAADA cost at launch?

On 5 June 2025 Khaleej Times quoted Group CEO Ahmad Ali Riaz Malik giving apartments from AED 460,000 and townhouses and villas from AED 2.7 million, with delivery in the fourth quarter of 2028. That price list is more than a year old. The August 2025 construction-start release states a 70/30 payment plan with post-handover options.

Source: Khaleej Times — BT Properties in Dubai South

When was BT Properties founded?

The company does not publish a UAE founding year. Its About page tells Bahria Town's 30-year history rather than giving an incorporation date for the UAE entity, and no year appears in any release. The earliest dated public act is the Dubai South agreement of 6 December 2024, followed by the head office opening on 10 January 2025.

Source: BT Properties — About Us

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Official sources
Official websiteBT Properties — official siteBT Properties — About UsBT Properties — WAADABT Properties — Dubai South head office, 10 January 2025Bahria Town — official siteDubai South — agreement with BT Properties
About this profile

Maintained by the GRAF editorial team from public sources and our own project data. Updated 21 August 2026. Contact us

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