{
    "entity_type": "real_estate_project",
    "name": "Waada – Rayhan 1",
    "url": "https://continentalclub.ae/project/waada-rayhan-1-dubai-south-residential-district/",
    "language": "en",
    "developer": {
        "name": "Bt Properties Dwc",
        "url": "https://continentalclub.ae/developers/bt-properties-dwc/",
        "registry_name": ""
    },
    "location": {
        "community": "Dubai South Residential District",
        "url": "https://continentalclub.ae/location/dubai-south-residential-district/",
        "city": "Dubai",
        "country": "AE"
    },
    "dld": {
        "project_number": "3730",
        "status": "",
        "completion_percent": 15.14,
        "inspection_date": "2026-10-20",
        "escrow_bank": "Commercial Bank of Dubai",
        "units_in_registry": 333,
        "inspections": [
            {
                "date": "2025-05-06",
                "completion_percent": 0
            },
            {
                "date": "2025-12-24",
                "completion_percent": 0
            },
            {
                "date": "2026-04-14",
                "completion_percent": 1.64
            },
            {
                "date": "2026-10-20",
                "completion_percent": 15.14
            }
        ],
        "pace": {
            "percent_per_month": 1.54,
            "basis_from": "2025-12-24",
            "basis_to": "2026-10-20",
            "projected_completion": "2031-05-28",
            "origin": "calculation"
        }
    },
    "commercial": {
        "starting_price_aed": 2755000,
        "price_origin": "ours",
        "currency": "AED",
        "units": 333,
        "handover": "Q4 2028",
        "handover_from": "developer",
        "handover_registry": "",
        "stage": "",
        "payment_plan": "",
        "down_payment_pct": null,
        "service_charge_aed_sqft": null
    },
    "unit_types": null,
    "dld_sales": {
        "deals": 143,
        "first_year": 2025,
        "last_year": 2026,
        "median_aed_sqm": 15955,
        "resale_share_pct": 0,
        "yoy_change_pct": 14,
        "deals_last_12m": 52,
        "gross_yield_pct": null,
        "bulk_registration": null,
        "by_bedrooms": [
            {
                "type": "3 bedrooms",
                "deals": 77,
                "median_price_aed": 2809000,
                "median_size_sqm": 173,
                "aed_per_sqm": 16237
            },
            {
                "type": "4 bedrooms",
                "deals": 66,
                "median_price_aed": 3266000,
                "median_size_sqm": 242,
                "aed_per_sqm": 13496
            }
        ],
        "scope": "all registered sales (DLD open data), medians over the whole period"
    },
    "dld_history": {
        "scope": "all registered sales and rental contracts of this DLD project number, grouped by calendar quarter and year; medians (upper median), AED; medians shown only where a period has 3+ records",
        "generated": "2026-11-02",
        "sales": {
            "records": 143,
            "first_date": "2025-07-29",
            "last_date": "2026-10-30",
            "last_12m": {
                "n": 52,
                "median_price_aed": 2918000,
                "median_aed_sqm": 16094,
                "median_aed_sqft": 1495,
                "resale_share_pct": 0
            },
            "previous_12m": {
                "n": 91,
                "median_price_aed": 3219000,
                "median_aed_sqm": 14153,
                "median_aed_sqft": 1315,
                "resale_share_pct": 0
            },
            "change_aed_sqm_last_12m_vs_previous_pct": 14,
            "by_year": [
                {"period":"2025","n":96,"median_price_aed":3219000,"median_aed_sqm":14285,"median_aed_sqft":1327,"resale_share_pct":0},
                {"period":"2026","n":47,"median_price_aed":2892000,"median_aed_sqm":15972,"median_aed_sqft":1484,"resale_share_pct":0}
            ],
            "by_quarter": [
                {"period":"2025-Q3","n":86,"median_price_aed":3219000,"median_aed_sqm":14285,"median_aed_sqft":1327,"resale_share_pct":0},
                {"period":"2025-Q4","n":10,"median_price_aed":3221000,"median_aed_sqm":14369,"median_aed_sqft":1335,"resale_share_pct":0},
                {"period":"2026-Q1","n":11,"median_price_aed":2816000,"median_aed_sqm":15967,"median_aed_sqft":1483,"resale_share_pct":0},
                {"period":"2026-Q2","n":26,"median_price_aed":2998000,"median_aed_sqm":16203,"median_aed_sqft":1505,"resale_share_pct":0},
                {"period":"2026-Q3","n":9,"median_price_aed":2795000,"median_aed_sqm":15972,"median_aed_sqft":1484,"resale_share_pct":0},
                {"period":"2026-Q4","n":1,"median_price_aed":null,"median_aed_sqm":null,"median_aed_sqft":null,"resale_share_pct":null}
            ],
            "corridor": "price per m2 between 3,000 and 200,000 AED"
        },
        "rent": {
            "records": 0,
            "first_date": null,
            "last_date": null,
            "last_12m": null,
            "previous_12m": null,
            "by_year": [],
            "by_quarter": [],
            "corridor": "annual rent per m2 between 50 and 20,000 AED"
        },
        "recent_sales": [
            {"date":"2026-10-30","type":"4 B/R","bedrooms":4,"area_sqm":240,"price_aed":3224000,"aed_per_sqm":13432,"market":"primary"},
            {"date":"2026-09-07","type":"3 B/R","bedrooms":3,"area_sqm":172.5,"price_aed":3408000,"aed_per_sqm":19755,"market":"primary"},
            {"date":"2026-07-21","type":"3 B/R","bedrooms":3,"area_sqm":176.5,"price_aed":2816000,"aed_per_sqm":15956,"market":"primary"},
            {"date":"2026-07-20","type":"3 B/R","bedrooms":3,"area_sqm":172.5,"price_aed":2918000,"aed_per_sqm":16915,"market":"primary"},
            {"date":"2026-07-14","type":"3 B/R","bedrooms":3,"area_sqm":172.5,"price_aed":2795000,"aed_per_sqm":16205,"market":"primary"},
            {"date":"2026-07-13","type":"3 B/R","bedrooms":3,"area_sqm":172.5,"price_aed":2754000,"aed_per_sqm":15967,"market":"primary"},
            {"date":"2026-07-13","type":"3 B/R","bedrooms":3,"area_sqm":172.5,"price_aed":2755000,"aed_per_sqm":15971,"market":"primary"},
            {"date":"2026-07-13","type":"3 B/R","bedrooms":3,"area_sqm":172.5,"price_aed":2755000,"aed_per_sqm":15972,"market":"primary"},
            {"date":"2026-07-10","type":"3 B/R","bedrooms":3,"area_sqm":172.5,"price_aed":2727000,"aed_per_sqm":15809,"market":"primary"},
            {"date":"2026-07-10","type":"3 B/R","bedrooms":3,"area_sqm":175.2,"price_aed":2814000,"aed_per_sqm":16063,"market":"primary"},
            {"date":"2026-06-25","type":"3 B/R","bedrooms":3,"area_sqm":172.5,"price_aed":2795000,"aed_per_sqm":16203,"market":"primary"},
            {"date":"2026-06-16","type":"3 B/R","bedrooms":3,"area_sqm":173.7,"price_aed":2811000,"aed_per_sqm":16187,"market":"primary"},
            {"date":"2026-06-10","type":"3 B/R","bedrooms":3,"area_sqm":172.5,"price_aed":2754000,"aed_per_sqm":15968,"market":"primary"},
            {"date":"2026-05-21","type":"4 B/R","bedrooms":4,"area_sqm":241.5,"price_aed":3498000,"aed_per_sqm":14484,"market":"primary"},
            {"date":"2026-05-13","type":"3 B/R","bedrooms":3,"area_sqm":172.5,"price_aed":3125000,"aed_per_sqm":18116,"market":"primary"},
            {"date":"2026-04-28","type":"4 B/R","bedrooms":4,"area_sqm":237,"price_aed":3218000,"aed_per_sqm":13579,"market":"primary"},
            {"date":"2026-04-23","type":"4 B/R","bedrooms":4,"area_sqm":241.5,"price_aed":3418000,"aed_per_sqm":14153,"market":"primary"},
            {"date":"2026-04-22","type":"4 B/R","bedrooms":4,"area_sqm":237,"price_aed":3219000,"aed_per_sqm":13582,"market":"primary"},
            {"date":"2026-04-20","type":"4 B/R","bedrooms":4,"area_sqm":237.1,"price_aed":3219000,"aed_per_sqm":13579,"market":"primary"},
            {"date":"2026-04-20","type":"3 B/R","bedrooms":3,"area_sqm":172.5,"price_aed":2998000,"aed_per_sqm":17378,"market":"primary"}
        ],
        "recent_rents": [],
        "recent_note": "latest registered transactions, anonymised: date, type, size, price only",
        "source": "Dubai Land Department open data (sales transactions; Ejari rental contracts)"
    },
    "sources": {
        "construction": "Dubai Land Department (Mashrooi project register)",
        "handover": "Developer",
        "price": "Developer",
        "payment_plan": "Developer",
        "dld_sales": "Dubai Land Department open data (registered sales transactions)",
        "dld_history": "Dubai Land Department open data (sales transactions and Ejari rental contracts); medians computed by Continental Club Property",
        "origin_labels": "https://continentalclub.ae/methodology/#provenance"
    },
    "license": "CC BY 4.0",
    "attribution": "Continental Club Property, based on Dubai Land Department registry and developer data",
    "markdown": "https://continentalclub.ae/project/waada-rayhan-1-dubai-south-residential-district.md",
    "updated_at": "2026-11-04",
    "translations": {
        "en": "https://continentalclub.ae/project/waada-rayhan-1-dubai-south-residential-district/",
        "ru": "https://continentalclub.ae/ru/project/waada-rayhan-1-dubai-south-residential-district-ru/"
    }
}