Madinat Al Mataar BT PropertiesDLD project 3730
The short answer
Waada - Rayhan 1 is active on the DLD register, completion date 31 Oct 2028. It was 1.64% built at DLD’s inspection on 14 Apr 2026. Its 56 home sales over Oct 2025–Sep 2026 registered at a median AED 2.9m, AED 1,484 per sq ft.
Completion dateSourceDLD project registerWindowcompletion dateFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
on the DLD register
BuiltSourceDLD project registerFigure% built at DLD’s latest inspectionDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
DLD inspection, 14 Apr 2026
Median 3 BRSourceDLD registered salesWindowOct 2025–Sep 2026Based on37 salesFiguremedian price and median price per sq ft of home sales of this sizeDatasales to 5 Oct 2026How it is worked out
AED 1,513/sq ft · 37 sales
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on56 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
56 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on56 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
−36% on Oct 2024–Sep 2025
Registered prices of 3-bedroom homes here, Oct 2025–Sep 2026
Lower quartile, median and upper quartile of 37 home sales; median size 1,857 sq ft.
The DLD project register
Active1.64% built at DLD’s inspection on 14 Apr 2026.
| Inspection date | Built |
|---|---|
| 14 Apr 2026 | 1.64% |
| 24 Dec 2025 | 0% |
| 6 May 2025 | 0% |
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. BT Properties can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-3730-H1 · DLD register read 13 Oct 2026
| Size | Sales | Median price | Median AED /sq ft | Median size, sq ft |
|---|---|---|---|---|
| 3 BR | 37 | AED 2.8m | 1,513 | 1,857 |
| 4 BR | 19 | AED 3.2m | 1,262 | 2,599 |
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Enter the size and the asking price to compare them with registered sales.
The size starts at the median registered size for that size here; use the size on your sale contract. Fees as listed on DLD’s Property Sale Registration page. Compare with other projects in the price check
| Size | Launch | Sales | Latest | Sales | Change |
|---|---|---|---|---|---|
| 3 BR | AED 1,505 | 40 | AED 1,484 | 9 | −1% |
Launch: first 90 days of registered sales of off-plan homes, 29 Jul 2025 to 26 Oct 2025. Latest: every home sale of that size, Jul–Sep 2026. Shown only where both have at least 5 sales.
| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 5 Sep 2026 | Villa · 3 BR Off-plan | 1,857 | AED 3.4m | 1,835 | +20% |
| 20 Jul 2026 | Villa · 3 BR Off-plan | 1,900 | AED 2.8m | 1,482 | −3% |
| 17 Jul 2026 | Villa · 3 BR Off-plan | 1,857 | AED 2.9m | 1,572 | +2% |
| 14 Jul 2026 | Villa · 3 BR Off-plan | 1,857 | AED 2.8m | 1,506 | −2% |
| 10 Jul 2026 | Villa · 3 BR Off-plan | 1,857 | AED 2.8m | 1,484 | −3% |
| 10 Jul 2026 | Villa · 3 BR Off-plan | 1,857 | AED 2.8m | 1,484 | −3% |
| 10 Jul 2026 | Villa · 3 BR Off-plan | 1,857 | AED 2.8m | 1,483 | −3% |
| 10 Jul 2026 | Villa · 3 BR Off-plan | 1,886 | AED 2.8m | 1,492 | −3% |
| 10 Jul 2026 | Villa · 3 BR Off-plan | 1,857 | AED 2.7m | 1,469 | −4% |
| 24 Jun 2026 | Villa · 3 BR Off-plan | 1,857 | AED 2.8m | 1,505 | −2% |
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Madinat Al Mataar, Oct 2025–Sep 2026.
None of BT Properties’s 6 running ads names Waada - Rayhan 1; these are the newest, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
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Registered with DLD under the district Madinat Al Mataar, 2019 to 5 Oct 2026.
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
Studio
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
Full years only, registered sales of every type. 13,735 sales in 2026 to 5 Oct.
Off-plan share
90% of the 16,341 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2025 | 97 | 96 | 1 | AED 398m | AED 3.2m | 1,327 |
| 2026 to 5 Oct | 46 | 46 | 0 | AED 138m | AED 2.9m | 1,488 |
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
Every registered sale, all property types.
16,341 sales were registered in Madinat Al Mataar over Oct 2025–Sep 2026, with homes at a median AED 1,702 per sq ft over Jul–Sep 2026.
| Project | Developer | DLD register | Sales, Oct 2025–Sep 2026 | Median home price |
|---|---|---|---|---|
| Azizi Venice 14 | Azizi | Due May 2026 | 2,033 | AED 650k |
| Azizi Venice 6 | Azizi | Due Dec 2027 | 997 | AED 745k |
| Azizi Venice 15 | Azizi | Due May 2027 | 817 | AED 712k |
| Azizi Venice 7 | Azizi | Due Jan 2026 | 694 | AED 670k |
| Azizi Venice 13 | Azizi | Due Sep 2027 | 669 | AED 655k |
| Azizi Venice 12 | Azizi | Due Sep 2027 | 631 | AED 724k |
| Terra Gardens | Emaar | Due Oct 2029 | 543 | AED 1.6m |
| Azizi Venice 10 | Azizi | No completion date | 481 | AED 655k |
| Terra Woods | Emaar | Due Mar 2030 | 479 | AED 1.7m |
| Azizi Venice 11 | Azizi | Due Aug 2027 | 455 | AED 675k |
| Windsor House | Ellington | Due Jul 2029 | 406 | AED 1.5m |
| Windsor House Ii | Ellington | Due Jul 2029 | 400 | AED 1.6m |
Median home price over Oct 2025–Sep 2026, shown with 5 or more home sales.
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| Waada - Altura 2 | Madinat Al Mataar | Mar 2029 | 4.1% | 236 |
| Waada - Altura 1 | Madinat Al Mataar | Apr 2029 | 1.9% | 219 |
| Waada - Cascada 2 | Madinat Al Mataar | Mar 2029 | 0% | 83 |
| Waada - Cascada 1 | Madinat Al Mataar | Oct 2028 | 1.6% | 49 |
| Waada- Raiha | Madinat Al Mataar | Oct 2028 | 0.5% | 36 |
Madinat Al Mataar · BT Properties
Madinat Al Mataar · BT Properties
Madinat Al Mataar · BT Properties
Madinat Al Mataar · BT Properties
Madinat Al Mataar · BT Properties
Photos: Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0); Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Towers in Business Bay by giggel (Wikimedia Commons, CC BY 3.0). Resized and cropped.
Madinat Al Mataar · Azizi
Madinat Al Mataar · Azizi
Madinat Al Mataar · Azizi
Madinat Al Mataar · Azizi
Madinat Al Mataar · Azizi
Madinat Al Mataar · Azizi
Photos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0). Resized and cropped.
Waada - Rayhan 1 is a BT Properties project in Madinat Al Mataar, Dubai, registered with the Dubai Land Department as project 3730 by Bt Properties Dwc Llc. The register lists it as active, with a completion date of 31 Oct 2028, 1.64% built at DLD’s inspection on 14 Apr 2026.
143 sales have been registered since Jan 2019, the first on 15 Apr 2025, 56 of them over Oct 2025–Sep 2026. Over those twelve months its 56 home sales registered at a median AED 2.9m. The sales include 1 land plot, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 83rd of the 150 projects with a registered sale in Madinat Al Mataar, and 4th of BT Properties’s 6.
The DLD register lists a completion date of 31 Oct 2028. It was 1.64% built at DLD’s inspection on 14 Apr 2026. These are the register’s own figures, read 13 Oct 2026; we don’t forecast a finish.
No. The DLD register lists it as active, 1.64% built at the inspection on 14 Apr 2026.
3 BR: a median AED 2.8m, AED 1,513 per sq ft, from 37 sales; 4 BR: a median AED 3.2m, AED 1,262 per sq ft, from 19 sales. Registered home sales over Oct 2025–Sep 2026, not asking prices.
143 sales registered with the Dubai Land Department since Jan 2019, 56 of them over Oct 2025–Sep 2026. The count includes 1 land plot, which are left out of every price figure.
The DLD register lists Bt Properties Dwc Llc, DLD developer number 2254, which we group under BT Properties.
In Madinat Al Mataar, Dubai. The Dubai Land Department registers its sales under the district Madinat Al Mataar. Homes there registered at a median AED 1,702 per sq ft over Jul–Sep 2026.
The DLD project register lists an escrow account with Commercial Bank Of Dubai(Psc) for Waada - Rayhan 1.
Cite this page
Waada - Rayhan 1, Madinat Al Mataar. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/waada-rayhan-1
Sources: Dubai Land Department open data, registered sales to 5 Oct 2026, via Dubai Real Estate Data (CC BY 4.0), processed by Real Estate IQ; DLD project register, read 13 Oct 2026. Registered prices, not asking prices or valuations. How the figures are worked out.
GuideHow to check a Dubai off-plan project’s completion date
GuideAsking price or registered price: how to check a quote
TrackerActive projects on the DLD register, with their completion datesPhotos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina at night by Gfilip (Wikimedia Commons, CC BY-SA 4.0); Dubai skyline at dusk by imran shahabuddin (Wikimedia Commons, CC BY 2.0). Resized and cropped.
