Latest news with #BahriaTown
Trade Arabia
3 days ago
- Business
- Trade Arabia
BT Properties unveils flagship community project in Dubai South
BT Properties, a leading development group in Asia, has unveiled its flagship project 'Waada,' in Dubai South, located minutes from Al Maktoum International Airport and the Expo 2020 Legacy District. Announcing the launch, BT Properties said it 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. 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. 'Waada' will be an exquisite development that integrates architecture, sustainability, and livability, said the developer. The development includes a diverse mix of property types – from signature mansions and mid-rise residences to townhouses and skyline apartments, it stated. 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, it added. 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, said its top official. "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," remarked its Chairman & Founder Malik Riaz Hussain. "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," he added. The unveiling event was led by Group CEO Ahmed Ali Riaz Malik, who described the project as 'a living promise built not just on architectural plans but on three decades of earned trust, scale, and experience'. Malik said: "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," he added.
Zawya
3 days ago
- Business
- Zawya
BT Properties launches its flagship project ‘WAADA,' master-planned community in Dubai South
Dubai, UAE – 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. For further information, please contact: Orient Planet Group (OPG) Tel: +971 4 4562888 Email: media@ Website:
Gulf Business
27-03-2025
- Business
- Gulf Business
5 things to know about Dubai's newest property firm, BT Properties
Image credit: BT Properties Dubai/Website BT Properties, the international arm of Pakistan's real estate giant Bahria Town, has officially entered the UAE market with the launch of its Dubai South head office in January 2025. The move marks a major milestone in the developer's global expansion plan and brings with it over three decades of real estate experience from Asia's property sector. Based in Dubai South – a 145 square kilometre master-planned city near Al Maktoum International Airport – BT Properties is betting big on one of the emirate's most promising growth corridors. Its initial focus is on developing a large-scale, mixed-use community that includes villas, townhouses and apartments. Here are five things to know about Dubai's newest real estate player: Strategic location in Dubai South BT Properties has chosen Dubai South as its home base – a rapidly emerging hub designed to accommodate one million residents. Located adjacent to the Expo City legacy site and the future hub of Dubai's logistics and aviation activity, Dubai South offers strong infrastructure, connectivity and future growth prospects. The location also aligns with Dubai's 2040 Urban Master Plan. Ambitious master-planned community The company's flagship development will be a gated master community in the Golf District of Dubai South. Spread across hundreds of acres, the project will include homes, schools, medical facilities, retail, mosques and entertainment zones. The design aims to create a self-contained community with a blend of greenery, luxury and convenience. Tech-led approach to real estate BT Properties has embraced technology across its operations, using enterprise platforms such as Salesforce CRM and Oracle Fusion to ensure seamless customer engagement and internal efficiency. The company has also said it will incorporate sustainable design principles and smart infrastructure into its residential offerings – in line with Dubai's green building regulations. Driving investment and job creation BT Properties expects its Dubai entry to stimulate the local economy. Its developments will create jobs across construction, sales, facilities and community management. With the Dubai property market witnessing over Dhs430bn in transactions in 2023, the company is positioning itself to tap into both investor and end-user demand for high-quality, affordable homes. Backed by Bahria Town's legacy BT Properties is backed by the reputation and resources of Bahria Town – Pakistan's largest private real estate developer. Bahria Town has delivered master-planned cities across Islamabad, Lahore and Karachi, known for their wide roads, landscaped parks, and integrated amenities. That track record is now being exported to the UAE, as BT Properties aims to build trust and recognition in Dubai's competitive market.
Arab News
20-03-2025
- Business
- Arab News
Pakistan anti-graft body seals several properties of real estate developer for ‘defrauding' citizens
ISLAMABAD: Pakistan's anti-corruption watchdog has sealed numerous properties of a private real estate developer, M/s Bahria Town, for 'defrauding people of billions of rupees,' Pakistani state media reported on Monday. M/s Bahria Town, which claims to be Asia's largest private real estate developer, has projects in several cities, including Islamabad, Lahore and Karachi, in the South Asian country. Pakistan's National Accountability Bureau (NAB) said it had registered several cases of fraud and deception against Bahria Town owner Malik Riaz Hussain and others in Islamabad and Karachi courts, the Radio Pakistan broadcaster reported. Hussain and his associates are accused of illegally occupying both government and private lands in Karachi, Rawalpindi and New Murree to establish housing societies without permission and defrauding people of billions of rupees. 'In recent actions related to this, numerous commercial and residential properties of Bahria Town in Karachi, Lahore, Takht Pari, New Murree/Golf City, and Islamabad have been sealed, including multi-story commercial buildings,' the Radio Pakistan report read. 'Additionally, hundreds of bank accounts and vehicles of Bahria Town have been frozen, and further actions in this regard are being carried out rapidly.' There was no immediate comment from Bahria Town in response to NAB's allegations. The development comes more than a month after NAB filed a reference in an accountability court in Karachi, nominating Hussain, his son Ahmed Ali Riaz, former Sindh chief minister Syed Qaim Ali Shah and Sharjeel Inaam Memon, then local body minister and now information minister of Sindh, among 33 people for illegally transferring government land to M/s Bahria Town for its Bahria Town Karachi project in 2013 and 2014. Hussain, who currently lives in Dubai, is one of Pakistan's wealthiest and most influential businessmen and the country's largest private employers. The anti-graft body this year said it had initiated the process to seek Hussain's extradition from the United Arab Emirates (UAE), who was also charged in another land corruption case involving former prime minister Imran Khan and his wife. A Pakistani court in January sentenced Khan to 14 years in prison and his wife, Bushra, to seven years, in the case in which they are accused of receiving land as a bribe from Hussain through the Al-Qadir charitable trust in exchange for illegal favors during Khan's premiership from 2018 to 2022. Khan says he and his wife were trustees and did not benefit from the land transaction. Hussain too denies any wrongdoing relating to the case. Hussain has recently launched a new project of luxury apartments in Dubai and NAB has prima facie evidence that certain individuals from Pakistan are illegally aiding him in this process by transferring their money to the UAE for investment in the project. These funds have been sent to foreign countries through 'illegal means,' Radio Pakistan reported, citing the anti-graft body. 'Any funds transferred from Pakistan for this project will be considered money laundering, and legal action will be taken against the involved elements without discrimination,' the anti-corruption watchdog was quoted as saying. 'NAB will continue its legal actions against Bahria Town Pakistan without any delay or pressure to fully protect the rights of the citizens of Pakistan.'
What's On
10-02-2025
- Business
- What's On
An Eiffel Tower in Dubai?
Written by: Madie Murphy 2 minutes ago Dubai real estate may get an 'Eiffel Tower' structure and it could be in Dubai South. The developer of Dubai South, Bahria Town, is one of the biggest developers in Asia and Dubai South is its first project in Dubai. The developer intends on recreating the famous parisian structure as a centre-piece of the 20 million square feet project in Dubai South. that Karachi-based Bahria Town did actually build an Eiffel Tower replica at its massive Karachi township. Gulf News reports that the aim of the addition is to assist with the visibility of the project with the inclusion of global cultural icons. In 2005 and 2006, it was also rumoured that an Eiffel Tower look-alike would come to Dubai as 'Falcon City of Wonders' however it did not happen. The current and original Eiffel Tower is based in Paris and is 1083 feet tall and weighs 10,100 tonnes. There are lots of other megaprojects upcoming in Dubai in the next few years including Palm Jebel Ali. We can't wait to see… Image: Context Travel > Sign up for FREE to get exclusive updates that you are interested in
