BT Properties has announced the launch of its first UAE-based master-planned community, WAADA, during an event held at the Grand Hyatt in Dubai Healthcare City.
The development marks the company’s formal entry into the UAE’s property market after over 30 years of real estate experience in Pakistan. Known for large-scale, community-driven developments, BT Properties aims to replicate its people-focused approach in Dubai.
WAADA in Dubai South
WAADA will be located in Dubai South, near Al Maktoum International Airport and the Expo 2020 Legacy District. The development aligns with the Dubai 2040 Urban Master Plan and integrates sustainable urban planning with a focus on livability.
The project will feature a range of residential options, including mansions, mid-rise apartments, townhouses, and skyline residences. Open green spaces, landscaped lagoons, and community-centric designs are key elements of the plan.
Malik Riaz Hussain, Chairman & Founder of BT Properties, said: “For over 30 years, I have believed that the true measure of success is not what we build, but who we uplift… And today, as this legacy expands into Dubai through BT Properties and WAADA, our purpose remains unchanged: to build not just structures, but futures.”
Malik Riaz Hussain is recognized as one of Pakistan’s most influential business figures due to his pivotal role in transforming the country’s real estate sector.
As the visionary behind Bahria Town, he introduced large-scale, master-planned communities that have redefined urban living standards in cities like Islamabad, Lahore, and Karachi.
Ahmed Ali Riaz Malik, Group CEO, added: “At BT Properties, our mission has always been to create developments that go beyond structures. We have always strived to shape communities that reflect innovation, purpose, and long-term value.”
The unveiling was led by Group CEO Ahmed Ali Riaz Malik, with the project formally introduced by Development Consultant Mr. Ahmad. The event gathered key stakeholders, investors, and urban planning experts from across the UAE.
The name WAADA, meaning promise, reflects the company’s intention to deliver lasting value. The project is designed to offer a mix of emotional connection and functional living, targeting residents seeking both comfort and community.
Strategic UAE entry
BT Properties’ entry into Dubai is part of a broader global expansion strategy. The company has delivered millions of square feet internationally and sees the UAE as a strategic market aligned with its long-term vision.
By launching WAADA, BT Properties positions itself as a contributor to Dubai’s growing real estate sector while maintaining its focus on sustainable, community-first development.
tanvir@dubainewsweek.com
