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BT Properties launches its flagship project ‘WAADA,' master-planned community in Dubai South - Middle East Business News and Information

BT Properties launches its flagship project ‘WAADA,' master-planned community in Dubai South - Middle East Business News and Information

Mid East Info28-05-2025

BT Properties, one of Asia's most trusted development entities, unveiled its flagship development project 'WAADA,' a master-planned community, in the UAE during a landmark launch event held at the Grand Hyatt, Dubai Healthcare City.
With over 30 years of experience in delivering large-scale, integrated, people-centric developments across Pakistan, BT Properties is bringing its legacy of trust and innovation to Dubai. The launch of 'WAADA' marks a significant milestone in the company's expansion into the UAE market and reflects its commitment to contributing to the region's real estate landscape.
Situated in Dubai South, minutes from Al Maktoum International Airport and the Expo 2020 Legacy District, 'WAADA' will be an exquisite development that integrates architecture, sustainability, and livability. The project aligns closely with the objectives of the Dubai 2040 Urban Master Plan, offering a forward-thinking approach to urban development.
Malik Riaz Hussain, Chairman & Founder, expressed, 'For over 30 years, I have believed that the true measure of success is not what we build, but who we uplift. Bahria Town was never just a real estate venture — it was a mission to transform lives, restore dignity, and give people a sense of belonging. Every city we developed was built on trust, every road on resilience, and every home on hope. And today, as this legacy expands into Dubai through BT Properties and WAADA, our purpose remains unchanged: to build not just structures, but futures. I dedicate this journey to the millions who trusted us, to every worker who shaped our cities, and to every citizen who now calls them home.'
Ahmed Ali Riaz Malik Group CEO at BT Properties, stated: '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. With 'WAADA,' we are proud to bring our legacy to Dubai and contribute meaningfully to its evolving real estate landscape. This project represents our continued commitment to building environments where people can thrive.'
The unveiling event was led by Ahmed Ali Riaz Malik, Group CEO of BT Properties, who described 'WAADA' as 'a living promise built not just on architectural plans but on three decades of earned trust, scale, and experience'. The project was formally introduced by Mr. Ahmad, Development Consultant of BT Properties, to an audience of key stakeholders, investors, partners, media representatives, and urban development professionals. The event was attended by a distinguished gathering of guests from across the UAE, including architects, community leaders, business families, etc.
The flagship project 'WAADA' – a name derived from the word meaning 'promise' – embodies a steadfast commitment to creating lasting value and cultivating vibrant, integrated communities. The development includes a diverse mix of property types – from signature mansions and mid-rise residences to townhouses and skyline apartments. Designed with a focus on emotional resonance and practical luxury, architecture and spatial planning aim to foster a sense of safety and belonging. Open spaces, landscaped lagoons, and a carefully curated urban environment enhance visual appeal and overall well-being.
The project also signals a broader evolution in BT Properties' global strategy. Having delivered millions of square feet across international markets, the company has now firmly planted its flag in Dubai, a move that is both strategic and aligned with the city's trajectory of innovation, excellence, and sustainable growth.
WAADA is poised to generate strong market interest, supported by its compelling value proposition and the credibility of BT Properties. With its guiding principle of Limitless Living, the development underscores the company's role not only as a builder of real estate but as a steward of community and long-term value.

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BT Properties launches its flagship project ‘WAADA,' master-planned community in Dubai South - Middle East Business News and Information
BT Properties launches its flagship project ‘WAADA,' master-planned community in Dubai South - Middle East Business News and Information

Mid East Info

time28-05-2025

  • Mid East Info

BT Properties launches its flagship project ‘WAADA,' master-planned community in Dubai South - Middle East Business News and Information

BT Properties, one of Asia's most trusted development entities, unveiled its flagship development project 'WAADA,' a master-planned community, in the UAE during a landmark launch event held at the Grand Hyatt, Dubai Healthcare City. With over 30 years of experience in delivering large-scale, integrated, people-centric developments across Pakistan, BT Properties is bringing its legacy of trust and innovation to Dubai. The launch of 'WAADA' marks a significant milestone in the company's expansion into the UAE market and reflects its commitment to contributing to the region's real estate landscape. Situated in Dubai South, minutes from Al Maktoum International Airport and the Expo 2020 Legacy District, 'WAADA' will be an exquisite development that integrates architecture, sustainability, and livability. The project aligns closely with the objectives of the Dubai 2040 Urban Master Plan, offering a forward-thinking approach to urban development. Malik Riaz Hussain, Chairman & Founder, expressed, 'For over 30 years, I have believed that the true measure of success is not what we build, but who we uplift. Bahria Town was never just a real estate venture — it was a mission to transform lives, restore dignity, and give people a sense of belonging. Every city we developed was built on trust, every road on resilience, and every home on hope. And today, as this legacy expands into Dubai through BT Properties and WAADA, our purpose remains unchanged: to build not just structures, but futures. I dedicate this journey to the millions who trusted us, to every worker who shaped our cities, and to every citizen who now calls them home.' Ahmed Ali Riaz Malik Group CEO at BT Properties, stated: '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. With 'WAADA,' we are proud to bring our legacy to Dubai and contribute meaningfully to its evolving real estate landscape. This project represents our continued commitment to building environments where people can thrive.' The unveiling event was led by Ahmed Ali Riaz Malik, Group CEO of BT Properties, who described 'WAADA' as 'a living promise built not just on architectural plans but on three decades of earned trust, scale, and experience'. The project was formally introduced by Mr. Ahmad, Development Consultant of BT Properties, to an audience of key stakeholders, investors, partners, media representatives, and urban development professionals. The event was attended by a distinguished gathering of guests from across the UAE, including architects, community leaders, business families, etc. The flagship project 'WAADA' – a name derived from the word meaning 'promise' – embodies a steadfast commitment to creating lasting value and cultivating vibrant, integrated communities. The development includes a diverse mix of property types – from signature mansions and mid-rise residences to townhouses and skyline apartments. Designed with a focus on emotional resonance and practical luxury, architecture and spatial planning aim to foster a sense of safety and belonging. Open spaces, landscaped lagoons, and a carefully curated urban environment enhance visual appeal and overall well-being. The project also signals a broader evolution in BT Properties' global strategy. Having delivered millions of square feet across international markets, the company has now firmly planted its flag in Dubai, a move that is both strategic and aligned with the city's trajectory of innovation, excellence, and sustainable growth. WAADA is poised to generate strong market interest, supported by its compelling value proposition and the credibility of BT Properties. With its guiding principle of Limitless Living, the development underscores the company's role not only as a builder of real estate but as a steward of community and long-term value.

Deyaar delivers strong start to the year with AED 119.8 million net profit before tax in Q1 2025, up 54% YoY
Deyaar delivers strong start to the year with AED 119.8 million net profit before tax in Q1 2025, up 54% YoY

Mid East Info

time14-05-2025

  • Mid East Info

Deyaar delivers strong start to the year with AED 119.8 million net profit before tax in Q1 2025, up 54% YoY

Net profit before tax for Q1 2025 amounted to AED 119. 8 million, a significant growth from AED 77.6 million in Q1 2024. Revenue for the three-month period ending March 2025 reached AED 433 million, compared to AED 327.8 million for the period ending in March 2024, reflecting a 32% YoY increase. Earnings per share increased from 1.67 fils in Q1 2024 to 2.58 fils in Q1 2025. Dubai, UAE – May 2025: Deyaar Development PJSC ('Deyaar'), a leading real estate developer and service provider in Dubai, UAE, has reported a strong start to the year, with a YoY increase in its Q1 2025 profits compared to the same period in 2024. This was announced today in a filing with the Dubai Financial Market (DFM), where Deyaar's shares are traded. Deyaar's net profit before corporate tax for the three-month period ending 31st March 2025 surged to AED 119.8 million, reflecting a remarkable 54% YoY increase from AED 77.6 million in the same period of 2024. The company also saw strong growth in revenue, which reached AED 433 million in Q1 2025, representing a 32% rise compared to AED 327.8 million in Q1 2024. Saeed Mohammed Al Qatami, CEO of Deyaar Development, said: 'Our positive financial results for Q1 2025 reflect by Deyaar's long-term strategic vision that has positioned us as a trusted and preferred developer in the UAE's dynamic real estate landscape. The consistent growth that we are experiencing stems directly from our well-planned project launches and our ability to identify emerging opportunities across the emirates. Our February launch of AYA Beachfront Residences in Umm Al Quwain, our first residential venture in this picturesque emirate, has allowed us to bring Deyaar's distinctive approach to quality and community-centered living to new markets. We are also pleased to announce that we are committed to launching remarkable projects in the upcoming months, which will further enhance our mission and deliver exceptional value to our stakeholders ' He added: 'The UAE's visionary leadership continues to foster a globally competitive real estate sector, which has maintained investor confidence in long-term capital appreciation. We are witnessing a significant transition from renting to ownership, focusing on quality over quantity and aligning with the Dubai 2040 Urban Master Plan. Deyaar is well positioned to deliver on investor demand with our projects that meet both current and future market needs. Our talented team remains focused on adapting, innovating, and exceeding expectations, ensuring sustainable growth.' Looking ahead, Deyaar continues its journey of transformation and success, anchored by a diversified portfolio and a strategic focus on selective projects. The company's firm dedication to quality remains paramount, ensuring that it consistently meets and exceeds the expectations of its customers and stakeholders. Listed on the Dubai Financial Market and majority-owned by Dubai Islamic Bank (DIB), Deyaar is one of Dubai's leading developers, with real estate ventures spanning key growth corridors and prime locations within the emirate. Over the past two decades, Deyaar has delivered an extensive portfolio of commercial and residential properties, all offering the highest levels of service and quality.

ATD Middle East Conference 2025 Examines New Era of Talent Development - Middle East Business News and Information
ATD Middle East Conference 2025 Examines New Era of Talent Development - Middle East Business News and Information

Mid East Info

time02-05-2025

  • Mid East Info

ATD Middle East Conference 2025 Examines New Era of Talent Development - Middle East Business News and Information

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