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.

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

Company and project facts: Dubai South head office, WAADA launch and 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. No shareholder register, audited account or exchange filing has been published, so no percentage is given here.

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. 2024 completed
  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. 2025 completed
  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. 2025 completed
  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. 2025 completed
  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. 2025 completed
  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. 2026 completed

BT Properties track record: delivered and under construction

Homes handed over in the UAE
0
WAADA's first residents are scheduled for Q4 2028
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

Delivered Under construction

The UAE record and Bahria Town's record in Pakistan are two different things and are not added together.WAADA is the company's first and only UAE project and it is under construction.

Project Area Type Status Date
Dubai South Golf District agreement Dubai South Land agreement with the government master developer Signed 6 December 2024
Dubai South head office Dubai South Business Park Office 101, Building A1 Open 10 January 2025
WAADA Golf District, Dubai South 13.5m sq ft community, studios to six-bedroom villas and mansions Under construction Launched 27 May 2025, handover Q4 2028
WAADA Phase 1 Golf District, Dubai South Construction start, 70/30 payment plan with post-handover options Under construction 4 August 2025
Altura 1 and Cascada 1 WAADA, Dubai South Apartment towers — main construction contracts signed Under construction June 2026
WAADA Sales Centre WAADA, Dubai South Masterplan experience with a two-bedroom show apartment Open 2026

Source: Gulf News — WAADA construction milestones · checked 21 August 2026

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
Group heritage, Pakistan
1,300m+ sq ft over 30 years, 375,000+ families

The 1,300 million sq ft and 375,000 families are Bahria Town's record in Pakistan over 30 years, not delivery in the UAE.The UAE figure is zero handed over. The AED 460,000 and AED 2.7m prices were published on 5 June 2025 and are more than a year old.

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

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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.

One community, not a portfolio
WAADA is the company's first and only UAE project. Every UAE figure on this page describes that one site.
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.
The delivery record is in Pakistan, not the UAE
Bahria Town's 30 years, five cities and 375,000 families are the group's. In the UAE the count is nought handed over, 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.
What to check before signing
  1. There is no UAE delivery recordNought homes have been handed over in the UAE and the first residents are scheduled for Q4 2028. Ask for the contractual completion date in the SPA rather than the marketing quarter.
  2. Which company's record is being quoted1,300 million sq ft, five cities and 375,000 families are Bahria Town's, in Pakistan, over 30 years. Ask what the UAE entity itself has completed.
  3. Which entity signs the SPAThe company publishes releases as BT Properties DWC LLC; Dubai South's release names BT Holding LLC, Dubai as its counterparty. Confirm the registered name on the contract and the DLD project registration.
  4. The published prices are datedAED 460,000 for apartments and AED 2.7m for townhouses and villas were quoted on 5 June 2025. Ask for a current availability sheet with unit numbers and areas.
  5. Two sell-out claims come from the developer"Studios and one-bedrooms sold out" was a June 2025 statement to Khaleej Times, and "Phase One sold out within the first week" appears in Gulf News' commercial-content section. Ask for released inventory by phase.

GRAF editorial team

BT Properties — frequently asked questions

Who owns BT Properties?

BT Properties is private and unlisted. Its own head-office release of 10 January 2025 calls the company the international arm of Bahria Town, Asia's largest private real estate developer, and Bahria Town's homepage links out to btproperties.ae. Malik Riaz Hussain is Bahria Town's founder and chairman; Ahmed Ali Riaz Malik is chief executive. No shareholder register, audited account or exchange filing has been published, so no percentage is stated.

Source: BT Properties — Dubai South head office release

What has BT Properties built in Dubai?

Nothing has been handed over yet. 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. That record is Bahria Town's, in Pakistan. In the UAE the count is nought handed over.

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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