Rayhan 1 at Waada
Off-Plan

Rayhan 1 at Waada

From AED 3.00M·Handover Oct 2028·10% down payment Payment
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AED 3.00M
Starting Price
Oct 2028
Handover
10% down payment
Payment Plan
3 BR · 4 BR
Type

Project Overview

Rayhan 1 at Waada is one of the phases of the large-scale Waada project, from the developer BT Properties, located in the prestigious Dubai South area, Dubai. The complex consists of spacious townhouses with three and four bedrooms. Each unit has spacious, sunny living rooms, stylish kitchens and cozy bedrooms with luxurious bathrooms that create an atmosphere of exceptional comfort and respectability, as well as a staff room. There is a parking space for 2 cars on the street side. The elegant finishes of the townhouses are in harmony with the natural surroundings. Geometric lines and sophisticated design create an atmosphere of calm and tranquility. The interiors are distinguished by impeccable style and the use of high-quality materials. Residents of the townhouses will be able to use various amenities, including community centers, a mosque, shops and a kindergarten. Proximity to important infrastructure facilities is an undoubted advantage of Rayhan 1 at Waada. In particular, Al Maktoum International Airport is only 9 kilometers away, Expo City Dubai is 21 kilometers away, and Ibn Battuta Mall is 38 kilometers away. Residents of the complex will also be able to easily reach such popular places as Global Village and Dubai Marina.

Project Specifications
DeveloperBT Properties
LocationDubai South
Unit Types3 BR, 4 BR, Townhouse
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 129,364 / year
Cash-on-Cash
2.2%
Levered cashflow AED 30,430
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 194,870 / 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
Rayhan 1 at Waada launch basis3,331AED 3.00MCurrent 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

Covered Parking
Jogging tracks
Kids Play Area
Landscaped garden
Landscaped park
Leisure areas
Parking
Recreational areas
Retail outlets
Shared Pool
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

Rayhan 1 at Waada by BT Properties

02

Located in Dubai South

03

Starting from AED 2,998,000

04

Unit mix includes 3 BR, 4 BR, Townhouse

05

Expected handover: Oct 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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