# Waada - Rayhan 1

Waada - Rayhan 1 is a project by Bt Properties Dwc Llc, recorded at 2% complete at its last Dubai Land Department inspection. 56 sales registered in the trailing 12 months at a median AED 2.92M (1 484 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Bt Properties Dwc Llc | DLD verified |
| Status | Active | DLD verified |
| Construction progress | 2% | DLD verified |
| Registered with DLD | 12 May 2025 | DLD verified |
| Construction started | 1 Nov 2025 | DLD verified |
| Declared completion | 31 Oct 2028 | DLD verified |
| Units in the project | 333 | DLD verified |
| Project area | 111 862 sqm | DLD verified |
| Escrow agent | Commercial Bank Of Dubai(Psc) | DLD verified |
| Project number | 3730 | DLD verified |

Waada - Rayhan 1 is a project by Bt Properties Dwc Llc, recorded at 2% complete at its last Dubai Land Department inspection. 56 sales registered in the trailing 12 months at a median AED 2.92M (1 484 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 2.92M | -9.4% |
| Interquartile range | AED 2.81M – AED 3.22M | |
| Median price per sqft | 1 484 AED | +11.8% |
| Registered sales, 12 months | 56 | -35.6% |
| Off-plan share | 100.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| 3-bedroom apartments | 37 | AED 2.81M | 1 513 | 1 857 sqft | — | — |
| 4-bedroom apartments | 19 | AED 3.23M | 1 262 | 2 599 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Jul 2026 | 8 | 1 484 | 1 483 – 1 496 |
| Jun 2026 | 3 | insufficient data | |
| May 2026 | 2 | insufficient data | |
| Apr 2026 | 21 | 1 505 | 1 262 – 1 513 |
| Mar 2026 | 2 | insufficient data | |
| Feb 2026 | 6 | 1 489 | 1 331 – 1 503 |
| Jan 2026 | 3 | insufficient data | |
| Dec 2025 | 2 | insufficient data | |
| Nov 2025 | 3 | insufficient data | |
| Oct 2025 | 5 | 1 256 | 1 246 – 1 266 |
| Sep 2025 | 11 | 1 505 | 1 371 – 1 505 |
| Aug 2025 | 74 | 1 309 | 1 260 – 1 505 |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/waada-rayhan-1/  
**Suggested citation:** Continental Club Property, "Waada - Rayhan 1", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/waada-rayhan-1/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.
