About Waada - Rayhan 1
Waada - Rayhan 1 is a residential villa community by Bt Properties, in Madinat Al Mataar, Dubai. The community comprises 333 homes.
Key information
Developer
Bt Properties
- Expected handover
- TBC
- Status
- Not started
- Location
- Madinat Al Mataar, Dubai
- Master project
- Dubai World Central
- Construction started
- 2025
- Number of buildings
- —
- Number of units
- 333
- Villas
- 287
- Registered with DLD
- 12 May 2025
- Escrow bank
- Commercial Bank of Dubai
- Escrow account no.
- 1009902758
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2025
- Under construction2% complete
- Expected handoverTBC
Construction progress
9 inspection photos from the Dubai Land Department. Latest 14 Apr 2026 at 2% complete.
Amenities
Physical features recorded on the Dubai Land Department buildings register.
Covered Parking
2 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
142
Median price
AED 2.9M
Median price / sqft
AED 1K+6%
Off-plan share
100%
Priced 4% above than the Madinat Al Mataar median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 3 Bed | 77 | 1,863 sqft | AED 2.8M | AED 2K |
| 4 Bed | 65 | 2,601 sqft | AED 3.3M | AED 1K |
Price per sqft by year
+6% since 2025AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 07 Sept 2026 | Off-plan | 1,857 sqft | AED 3.4M | AED 2K |
| 21 Jul 2026 | Off-plan | 1,900 sqft | AED 2.8M | AED 1K |
| 20 Jul 2026 | Off-plan | 1,857 sqft | AED 2.9M | AED 2K |
| 14 Jul 2026 | Off-plan | 1,857 sqft | AED 2.8M | AED 2K |
| 13 Jul 2026 | Off-plan | 1,857 sqft | AED 2.8M | AED 1K |
| 13 Jul 2026 | Off-plan | 1,857 sqft | AED 2.8M | AED 1K |
| 13 Jul 2026 | Off-plan | 1,857 sqft | AED 2.8M | AED 1K |
| 10 Jul 2026 | Off-plan | 1,886 sqft | AED 2.8M | AED 1K |
Unit mix
333 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Unspecified | 46 | - |
| 3 B/R | 195 | - |
| 4 B/R | 92 | - |
Payment plan
Payment plans are set by Bt Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Madinat Al Mataar, Dubai.
Madinat Al Mataar
Dubai, United Arab Emirates
Frequently asked questions
Waada - Rayhan 1 has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 2% complete.
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