Altura at Waada
Off-Plan

Altura at Waada

From AED 898,000·Handover Apr 2029·10% down payment Payment
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AED 898,000
Starting Price
Apr 2029
Handover
10% down payment
Payment Plan
1 BR · 2 BR
Type

Project Overview

Altura at Waada is a complex of eleven multi–storey buildings, which are part of the large-scale Waada project, by the developer BT Properties, located in the prestigious Dubai South area in Dubai. The buildings of the complex include a basement floor, a ground floor, three podium levels, 28 residential floors and a roof. Each tower attracts attention with its elegant appearance, in which modern architecture is intertwined with traditional elements. Spacious floor-to-ceiling windows offer breathtaking panoramic views of the surrounding area from each residence. The complex includes studios and apartments with one or two bedrooms. The design of all residences is focused on maximum comfort and functionality. Residents have access to a variety of facilities located on the podium: a gym, family and children's pools, a multifunctional play area, and lounge spaces. The complex also offers concierge service, recreation areas, sports grounds, community centers, a park area, a mosque, shops and a kindergarten. Altura at Waada is conveniently located. Key infrastructure facilities are located in the immediate vicinity: Al Maktoum International Airport is 9 km away, Expo City Dubai is 21 km away, Dubai Marina is 39 km away, Global Village is 34 km away and Burj Khalifa is 59 km away.

Project Specifications
DeveloperBT Properties
LocationDubai South
Unit Types1 BR, 2 BR, Apartments
AreaDubai South
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 38,749 / year
Cash-on-Cash
2.2%
Levered cashflow AED 9,115
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 58,370 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Altura at Waada launch basis998AED 898,000Current launch / asking basis
Dubai South ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai South premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from BT Properties.

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Payment Structure

10% down payment

Flexible Payment

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Amenities & Lifestyle

Adults Pool
Children’s pool
Club house
Covered Parking
Fountain
Kids Play Area
Landscaped garden
Landscaped park
Lavish Sundeck
Leisure areas
Lift
Lobby
Lounge
Mosque
Multipurpose Sports Courts
Pool Deck
Recreational areas
Retail outlets
Security and CCTV
Shared Jacuzzi
Shared Pool
Shared gym & fitness
Social zone
Sports ground
Walking paths

Location

Dubai South

Nearby Destinations

Al Maktoum International Airport — 8 mins
Expo City Dubai — 10 mins
Ibn Battuta Mall — 20 mins
Palm Jebel Ali — 15 mins
Dubai SouthDubai SouthDubai, UAE

Developer Track Record

01

Altura at Waada by BT Properties

02

Located in Dubai South

03

Starting from AED 898,000

04

Unit mix includes 1 BR, 2 BR, Apartments

05

Expected handover: Apr 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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