Waada Altura 1 is a 381-unit studio-led scheme in Dubai South with 178 recorded Dubai Land Department purchases in 2026 at a median AED 475,000 and AED 1,169 per square foot — the lowest rate in our current coverage — from a lowest recorded purchase of AED 460,000.
The project is located in Madinat Al Mataar, Dubai South, Dubai. The surrounding area functions as a residential area and shows active buyer and rental demand. It is better suited to medium to long-term residential demand than short-term speculation.
Waada Altura 1 exterior

Waada Altura 1

Best for EndUser

Bt Properties • Madinat Al Mataar, Dubai South, Dubai • Handover 12 April 2029 (DLD registered)

AED 460.0K starting

Handover
12 April 2029 (DLD registered)
Developer
Bt Properties
AI snapshot
Recorded 2026 sales 178

Key signal

Median price paid AED 475,000

Key signal

Median per sqft AED 1,169

Key signal

Buyer Intelligence This classification is calculated using ROI signals, risk index, unit mix, area maturity, and live inventory absorption data. No agent bias is used.
AI Classified
Why this suits End Users

This project is classified as End-User focused because it scores higher on:

• Long-term livability over short-term rental yield
• Low overall risk and delivery reliability
• Family-friendly unit mix and layouts
• Mature community infrastructure
• Stable ownership value rather than fast resale

Investors may still consider this project, but returns are secondary to lifestyle and safety.

This project prioritizes lifestyle quality, safety, and long-term living rather than short-term rental yield.

Also suitable for Investor
Confidence 35%
Returns secondary to lifestyle value
Stable and secure ownership profile
Reliable delivery and build quality
Starting price AED 460.0K
Handover 12 April 2029 DLD registered
Median paid / sqft AED 1,169
Est. gross yield not modelled see recorded prices
Location Madinat Al Mataar, Dubai South, Dubai

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Waada Altura 1 Payment Plan

When does Waada Altura 1 hand over?

12 April 2029 (DLD registered). The Dubai Land Department register records a completion date of 12 April 2029. Where the marketed date and the date in your sale agreement differ, the contract governs — get it in writing before you pay.

How much of Waada Altura 1 is actually built?

The Dubai Land Department register records construction at 1.9% complete, as of 31 Aug 2026. That is early — at this stage the handover date is a projection, not an observation.

Payment plan details have not been published for this project yet.

What Actually Sold at Waada Altura 1

What buyers actually paid, from Dubai Land Department records. Data as of 31 Aug 2026.

Recorded sales 178
Median price paid AED 475,000 +3% vs the AED 460,000 advertised entry price — the advertised figure is the smallest unit, so most buyers pay well above it
Median price per sqft AED 1,169
Most-bought size Studio 128 of 178 sales where the size was recorded

Buying pace through the year

4 Jan
83 Feb
48 Mar
18 Apr
8 May
17 Jul

What buyers bought

Unit sizeSalesShare
Studio 128 72%
1 B/R 49 28%
2 B/R 1 1%

What the DLD register records

Registered units381
Escrow account Open — units may lawfully be sold
Registered completion 12 Apr 2029 — marketed as 12 April 2029 (DLD registered)
Construction progress1.94% complete

Where the registered completion date and the marketed handover date differ, the date in your sale agreement is the one that governs. Get it in writing.

Source: Dubai Land Department, 2026. Medians move as more sales register, and do not separate developer sales from resales.

Before You Pay: Check Waada Altura 1 Against the DLD Register

Marketing material is written by the seller. The Dubai Land Department register is not. These are the facts filed with the government for this project — escrow status, unit count, construction progress and the completion date on record. Free, no email needed.

Property Overview

Type Apartment
Purpose For sale
Completion Off-plan
Developer BT Properties
Ownership Freehold
Handover date 12 April 2029 (DLD registered)
Usage Residential

Unit Types

Studio
1 Bed Apartment
2 Bed Apartment

Waada Altura 1 Floor Plans & Layouts

Waada Altura 1 has not published downloadable floor plans that we can verify, so we are not hosting any. Layouts are usually released to buyers with the reservation form — ask the developer for the plan of the specific unit and floor before you commit, not a generic type plan.

Which layouts buyers actually chose

From 178 recorded Dubai Land Department sales at this development where the unit size was captured. Useful if you are weighing resale demand: the layout most people bought is the layout you will compete against.

Studio 72%
1 B/R 28%
2 B/R 1%

Location & Connectivity

Metro Planned / nearby stations
Roads Key Dubai arterial roads
Nearby Dubai Mall, DXB Airport, Creek Marina

Amenities & Facilities

Dubai South location Swimming pool Gymnasium Landscaped grounds Covered parking Freehold ownership 24/7 security

Developer & Market Signals

Real intelligence signals
Area demand profile
Stable demand with balanced liquidity
Derived from area liquidity, buyer mix, and historical absorption
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Project profile: Mixed
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How We Analyse This Project

Project and area scores are calculated using developer delivery history, area demand signals, risk baselines, buyer intent matching, and market consistency indicators. Rankings are data-driven and not influenced by promotions or paid placements.

Market insights reflect patterns, not guarantees. Buyers should independently verify pricing, availability, and payment plans before committing.

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Area Intelligence

Waada Altura 1 is located in Madinat Al Mataar, the Dubai South district near Al Maktoum International Airport, without a metro station.
🎯

Buyer Fit

Suited to buyers whose binding constraint is capital — this is close to the lowest entry price available with a confirmed escrow account. Poorly suited to anyone who needs anything larger than a studio, or who is relying on rent growth rather than a low entry price for their return.
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Investor Angle

This is a low-entry-price play and nothing else, so be clear about what that means. AED 460,000 at the bottom of the recorded range and AED 1,169 per square foot is the cheapest in our coverage, which widens your margin for error on rent considerably. Escrow is open and construction at 1.94% is among the higher figures in this group, so work has genuinely started. The risks are concentrated and they compound. The product is overwhelmingly studio, the most oversupplied segment in Dubai; the district is Dubai South, which absorbed roughly a quarter of all off-plan purchases this year; and completion is 2029-04-12, inside the heaviest handover window on record. BT Properties has no long record to inspect. Get a real current rent for a Dubai South studio before modelling anything, and do not underwrite on the assumption that the airport corridor lifts rents by 2029 — the corridor matures into the 2030s.
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End-User View

For an owner-occupier this is the cheapest way onto the ladder in our coverage, but it is a studio in a car-dependent district with no metro and a wait until 2029-04-12. If you need more than one room, this is not the building.
🧠

AI Overview

The cheapest per-foot stock we track: a studio-led Dubai South scheme at AED 1,169 per square foot, around 47% sold, with escrow open and completion filed for 2029-04-12.

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FAQs

What is the cheapest way into Dubai off-plan?

On our current coverage, Waada Altura 1 is close to it. The Dubai Land Department records a lowest purchase of AED 460,000 and a median of AED 475,000 at AED 1,169 per square foot — the lowest rate we track for a project with a confirmed escrow account.

What do buyers actually pay at Waada Altura 1?

A median of AED 475,000, or AED 1,169 per square foot, across 178 recorded 2026 purchases. The lowest was AED 460,000 and the highest AED 1,465,000. Prices paid, not asked.

What unit types does Waada Altura 1 offer?

Overwhelmingly studios, with a block of one-bedrooms and a single two-bedroom sale recorded. Studios are Dubai's most oversupplied segment, and Dubai South carries a large share of that supply — which is the main structural limit on rent growth here.

When does Waada Altura 1 hand over?

Completion is filed with the Land Department for 2029-04-12, with construction at 1.94% as of 31 August 2026 — genuinely under way rather than at zero. That date sits inside Dubai's heaviest handover window, so expect substantial competition for tenants on completion.

Is Waada Altura 1 a good investment?

It is a low-entry-price position with a thin margin for error. The low rate widens your tolerance on rent, but you are letting a studio in the district absorbing the most supply in Dubai, completing inside the busiest handover window. Get a real current Dubai South studio rent before modelling, and treat the airport corridor as upside rather than as the basis of the case.

Does Waada Altura 1 have an open escrow account?

Yes, on the Land Department register with 381 units. Escrow is the legal gate before units may lawfully be sold. Confirm the account number with the Land Department on the day you transfer funds.

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Project Risk & Trust Breakdown

A transparent view of financial safety and execution reliability.

Trust Shield
Risk Index (lower is better)
17/100
Build Quality
Safety Rating

Risk Shield For Your Money

Based on risk index 17/100
  • Strong escrow protection and stable developer track record.
  • Good safety index based on area and financial risk signals.
Assessment acknowledged.
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Track Waada Altura 1

Get an email if the price changes, the payment plan is revised, units sell out, or the handover date moves. We monitor the DLD registry and broker channels daily.

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Data & accuracy: Figures on this page are compiled from Dubai Land Department open data, developer materials and market sources, and can change without notice. Prices, payment plans, handover dates and availability must be verified directly with the developer or a RERA-licensed broker before you commit to anything. Nothing here is financial advice or an offer to sell. Spotted something wrong? Tell us and we'll correct it. Last updated 31 Aug 2026.

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