When will Waada - Rayhan 1 be completed?

The developer registered handover for October 2028, 27 months after DLD’s latest record, and the project was 0% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does Waada - Rayhan 1 cost per square foot?

AED 1,484 per sqft, the median of 56 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 2.92M. That is 13.6% above the Dubai South off-plan median across 16 projects.

Is Waada - Rayhan 1 in escrow?

Yes: the Land Department register names بنك دبي التجاري (ش.م.ع) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of Waada - Rayhan 1?

BT PROPERTIES DWC LLC, licence no. 2254, by the register’s own licence number; the master developer that owns the land is Dubai Aviation City Corporation. Dubai Land Department project register as of July 2026.

How many villas does Waada - Rayhan 1 have?

287 registered villas. Dubai Land Department project register as of July 2026.

Off-plan villas · DLD project register as of 6 Jul 2026

Waada - Rayhan 1

Under construction · 287 villas · started Nov 2025 · Dubai South

Registered for handover in Q4 2028 and 0% built in July 2026. Off-plan units sell at AED 2.92M (AED 1,484/sqft), 14% above the Dubai South off-plan median.

Off-plan price, typical unit

2.92MAED

AED 1,484/sqft · 14% above Dubai South off-plan · 56 sales in 12 months

Built0%

Started Nov 2025Registered handover Oct 2028

DLD project register, Jul 2026

Median off-plan sale: AED 2.92M
Registered villas: 287
Escrow: بنك دبي التجاري (ش.م.ع)

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Is Waada - Rayhan 1 a safe off-plan buy?In escrow; 0% built with 27 months to its registered handover

Is it on schedule?0% built in July 2026 against a October 2028 handover: 100% left to build in 27 months · DLD project register, Jul 20260%Context
Is my money protected?Payments go to an escrow account at بنك دبي التجاري (ش.م.ع), as registered with the Land DepartmentEscrowContext
Is the price fair?AED 1,484/sqft, 13.6% above the Dubai South off-plan median across 16 projects+13.6%Context
Is it selling?56 off-plan sales registered in the last 12 months, of 287 villas56Context
Who is building it?BT, licence no. 2254Context

A registered date is not a delivery forecast · 79% of recorded completions carry their planned date to the day · DLD register, July 2026

How each reading works →

How other Dubai South projects are trackingThe nearest-to-finished are all past their registered dates

Project	%
South Bay 2	94%	May 2026 · past date
South Bay 1	91%	Mar 2025 · past date
Expo City Valley	66%	Jan 2026 · past date
Waada - Rayhan 1this project	0%	Oct 2028

“Past date”: the registered date has already passed · 3 of 15 live Dubai South projects past theirs · DLD register and inspections, October 2026

All 33 Dubai South projects →

As registered with the Land DepartmentWhere Waada - Rayhan 1 is, and who is on its register row

Escrow agent: بنك دبي التجاري (ش.م.ع)
Developer, as licensed: BT PROPERTIES DWC LLC (no. 2254)
Master developer: Dubai Aviation City Corporation
Registered start: November 2025
Configuration: Townhouses 3 & 4 Bedrooms

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales filed under this project number, 12 months to 12 Oct 2026.

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Common questions

When will Waada - Rayhan 1 be completed?: The developer registered handover for October 2028, 27 months after DLD’s latest record, and the project was 0% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.
What does Waada - Rayhan 1 cost per square foot?: AED 1,484 per sqft, the median of 56 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 2.92M. That is 13.6% above the Dubai South off-plan median across 16 projects.
Is Waada - Rayhan 1 in escrow?: Yes: the Land Department register names بنك دبي التجاري (ش.م.ع) as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.
Who is the developer of Waada - Rayhan 1?: BT PROPERTIES DWC LLC, licence no. 2254, by the register’s own licence number; the master developer that owns the land is Dubai Aviation City Corporation. Dubai Land Department project register as of July 2026.
How many villas does Waada - Rayhan 1 have?: 287 registered villas. Dubai Land Department project register as of July 2026.

Off-plan record for Waada - Rayhan 1

Record type: Project-level off-plan register record
Data date: 2026-10-12
Evidence base: 287 registered villas; DLD project register as of 2026-07-06
Sources: Dubai Land Department project register, construction inspections and title register; sale transactions
Canonical record: /off-plan/villas/dubai/dubai-south/waada-rayhan-1
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Waada - Rayhan 1, off-plan.” Dubai South, Dubai. Register to 2026-07-06, data to 2026-10-12. https://dubaiwealthindex.com/off-plan/villas/dubai/dubai-south/waada-rayhan-1