Waada - Rayhan 1: off-plan project in Dubai World Central

Waada - Rayhan 1 is an off-plan villa and townhouse project in Dubai World Central, registered with the Dubai Land Department as project no. 3730 and developed by BT Properties DWC LLC. From October 16, 2025 to October 16, 2026, 56 off-plan sales were registered there at a median price of AED 2,918,000 (AED 1,484 per sq ft); 80% of sales fall between AED 2,755,000 and AED 3,356,000.

  • 56off-plan sales in 12 months
  • AED 2,918,000median sale price
  • AED 1,484median price per sq ft
  • 0%construction progress (DLD)
  • October 2028end date in the register

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026. Source: Dubai Land Department project register (open data), as of 15/06/2026.

What the figures say

  • Positioning: at AED 1,484 per sq ft, Waada - Rayhan 1 is in line with the median of off-plan sales across the 21 projects tracked in Dubai World Central (AED 1,523 per sq ft), and 16.1% below the median of Dubai off-plan sales (AED 1,768 per sq ft).
  • Sales pace: 56 off-plan sales in 12 months, about 5 a month; number 17 by sales in Dubai World Central over the period.
  • Construction: 0% complete in the DLD register, construction had not started at the latest inspection; planned end October 2028.
  • Profile: a concentrated project, 66.1% of sales are the same unit type (villa / townhouse · 3 bedrooms).

Waada - Rayhan 1: official project sheet

Details from the project register kept by the Dubai Land Department. Off-plan payments go to the project's escrow account, as required by Dubai Law No. 8 of 2007.

ItemDLD register
DLD project number3730
Registered developerBT Properties DWC LLC (developer no. 2254)
Master developerDubai Aviation City Corporation
Community (master project)Dubai World Central
DLD areaMadinat Al Mataar
Register statusnot started
Construction progress0%
Project startNovember 1, 2025
Planned endOctober 31, 2028
Registered units287 villas
Escrow accountescrow agent registered with the DLD for this project

Source: Dubai Land Department project register (open data), as of 15/06/2026.

Waada - Rayhan 1 off-plan prices by unit type

Off-plan sales over the last 12 months, at least 3 sales per row. Entry ticket observed: villa / townhouse · 3 bedrooms, at a median AED 2,809,000.

Unit typeSalesMedian priceRange (AED)Median sizePrice / sq ft
Villa / townhouse · 3 bedrooms37AED 2,809,0002,754,000 – 3,048,800172 m² (1,851 sq ft)AED 1,513
Villa / townhouse · 4 bedrooms19AED 3,227,0003,210,400 – 3,534,000242 m² (2,605 sq ft)AED 1,262

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.

To turn one of these prices into a payment schedule, use OffPlanSimulator's off-plan payment plan calculator, then add registration fees with the Dubai buying costs calculator.

Sales by unit type

Villa / townhouse · 3 bedrooms: 66.1% of off-plan sales, with a median size of 172 m² (172 to 174 m² for 80% of them).

  • Villa / townhouse · 3 bedrooms: 66.1% (37 sales)
  • Villa / townhouse · 4 bedrooms: 33.9% (19 sales)

Source: Dubai Land Department open data, sales registered from 16/10/2025 to 16/10/2026.

Waada - Rayhan 1 off-plan price by quarter

The median off-plan price per sq ft moved from AED 1,327 in Q3 2025 to AED 1,484 in Q3 2026 (+11.8%). Quarter-to-quarter changes also reflect the mix of units sold.

QuarterOff-plan salesMedian / sq ftChange
Q3 202587AED 1,327—
Q4 202510AED 1,300-2%
Q1 202611AED 1,483+14.1%
Q2 202626AED 1,505+1.4%
Q3 20269AED 1,484-1.4%

Source: Dubai Land Department open data, off-plan sales registered since 1 January 2024, as of 16/10/2026.

Rents in Dubai World Central

To gauge the rental market around Waada - Rayhan 1: annual rents of Ejari contracts registered in Dubai World Central over the last 12 months (2,235 contracts).

Unit typeContractsMedian annual rentMiddle 50% range
Apartment · 1 bedroom81AED 58,00050,000 – 62,000
Apartment · 2 bedrooms514AED 80,00073,000 – 85,000
Apartment · 3 bedrooms171AED 110,00098,000 – 115,500
Villa / townhouse · 3 bedrooms1,004AED 105,00098,465 – 115,000
Villa / townhouse · 4 bedrooms459AED 145,000135,000 – 158,000

To compare a market rent with your purchase price and running costs, the rental yield calculator works it through step by step.

Source: Dubai Land Department, Ejari rent contracts (open data), 20/10/2025 to 20/10/2026.

Where is Waada - Rayhan 1?

Waada - Rayhan 1 is in Dubai World Central (DLD area Madinat Al Mataar), Dubai.

View Waada - Rayhan 1 on Google Maps

Further reading

Other off-plan projects in Dubai World Central

More projects by BT Properties DWC LLC

Same budget elsewhere in Dubai (around AED 2,918,000)

Projects presented by Cevitas

Off-plan projects in Dubai · Dubai property prices by area

Frequently asked questions

How much does a home at Waada - Rayhan 1 cost?

Over the last 12 months, the 56 off-plan sales registered with the DLD show a median price of AED 2,918,000, or AED 1,484 per sq ft; 80% fall between AED 2,755,000 and AED 3,356,000. The developer's current prices are on its price list.

When will Waada - Rayhan 1 be completed?

In the DLD project register (as of 15/06/2026), the project is "not started", 0% complete, with a planned end date of October 31, 2028. The handover date is confirmed by the developer.

Who is the developer of Waada - Rayhan 1?

The DLD register lists BT Properties DWC LLC (developer no. 2254), in a community developed by Dubai Aviation City Corporation.

What unit types are sold at Waada - Rayhan 1?

Off-plan sales over the last 12 months cover: villa / townhouse · 3 bedrooms (37), villa / townhouse · 4 bedrooms (19). Best-selling type: villa / townhouse · 3 bedrooms, at a median AED 2,809,000 for 172 m².

Has the price per sq ft at Waada - Rayhan 1 changed?

The median off-plan price moved from AED 1,327 per sq ft in Q3 2025 to AED 1,484 in Q3 2026, based on DLD-registered sales.

How do I get the Waada - Rayhan 1 price list and payment plan?

Ask with the "Get the price list" button or on WhatsApp at +971 55 772 2710: a RERA-licensed Cevitas advisor sends you the available units, the developer's prices and the current payment plan, with no buyer commission on new launches.

Sources and method

Off-plan sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), residential sales registered off-plan ("Off-Plan Properties") from October 16, 2025 to October 16, 2026. Median price = middle registered price; range = 80% of sales (10th to 90th percentile). Price per sq ft = price / registered area (1 m² = 10.764 sq ft).

Developer, status, progress and dates: DLD "Projects" register (data.dubai) and "Developers" register (data.dubai), extract as of June 15, 2026. Progress is the figure from the latest DLD inspection on record; the end date is the one declared in the register and may be updated by the DLD.

Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), median annual rent of residential contracts over the last 12 months in the area.

Data published under the Dubai Open Data Licence and analysed by Cevitas Real Estate. They describe official transactions and an official register; they are not a valuation, a promise of return or investment advice. The developer's current prices are on its price list.