Cascada 2 at Waada (Dubai South) — SKID Score 6.6/10

Key information

Delivery date: Mar 2029
Location: Dubai, Dubai South, Cascada 2 at Waada
Payment plan: 10/60/0/30 (post-handover)
Property types: Apartment
Government fee: 4% + AED 5,250 admin
Ownership type: Freehold
Starting price / sq.ft: AED 1,455 / sq.ft
Unit sizes: From 1,093 sq.ft
SKID score: 6.6 / 10 (Worth comparing)

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Payment plan

10%

Down payment

AED 159K

At sales launch

60%

During construction

AED 954K

Construction milestones

0%

On handover

AED 0

Mar 2029

30%

Post-handover

AED 477K

Over 6 months

Published milestone schedule · Payment Plan (post handover 2 years)

10% + 4% DLD + 5250 AED Admin Fee10% · AED 159K

10%10% · AED 159K

5%5% · AED 80K

10%10% · AED 159K

5%5% · AED 80K

Project timeline

Project announcement
BT Properties official release
Booking & registration
Open for unit reservation
Construction phase
Active development
Expected completion
Mar 2029

About the project

Worth comparing.

The evidenced factors are mixed.

Cascada 2 at Waada is one of sixteen high-rise residential complexes within the expansive Waada development by BT Properties, located in the prestigious Dubai South district of Dubai. The building captivates with its elegant exterior finishes and fluid lines that seamlessly blend into the surrounding landscape. Its architecture features a unique stepped composition: each subsequent floor is slightly smaller than the one below, creating a striking visual pyramid effect and ensuring panoramic views for every residence. The building comprises a basement level, a ground floor, and sixteen residential floors, offering one-, two-, and three-bedroom apartments. The interiors boast premium finishing quality and meticulously crafted design, where every space is tailored for comfortable and stylish living. Residents enjoy a wide range of amenities, including community centers, park areas, a mosque, retail outlets, and a kindergarten, along with access to the broader Waada project infrastructure. This includes 10 km of pedestrian and cycling paths, expansive green spaces, and sports facilities. The project's location ensures convenient access to key destinations across Dubai. Al Maktoum International Airport is 9 km away, Expo City Dubai is 21 km away, Ibn Battuta Mall is 38 km away, Global Village is 34 km away, Dubai Marina is 39 km away, and Dubai International Airport is 70 km away.

57 competing off-plan launches tracked in Dubai South — potential handover competition

SKID tracks 57 competing off-plan launches in Dubai South. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition among resale buyers at handover.

Amenities

BBQ
Bike Path
Broadband Internet
Children’s Pool
Clubhouse
Concierge Service
Covered Parking
Kids’ Play Area
Landscaped Garden
Lift
Lobby
Parking
Recreational Areas
SPA
Sauna
Security & CCTV
Shared Gym
Shared Gym & Fitness Centre
Shared Pool
Social Zone
Sports Ground
Walking Paths

Units

from developer

2 BR

Floor plan not published by source

1,093 sq.ft · AED 1,455 / sq.ft

From AED 1.59M

3 BR

Floor plan not published by source

Size on request

Price on request

Floor plans & layouts

Floor plans not yet published by developer

Request the latest developer brochure and unit floor plan sheets on WhatsApp.

Request floor plans

Price comparison & DLD history

8-Factor Evidence Breakdown

7/8 factors backed by verified evidence (82% weight coverage) · skid-geo-v3.0-8factor

6.6/ 10

Historical DLD Transaction Context

Asking price is 12.6% lower than nearby completed homes (-AED 210/sq.ft.)

12.6% below comparable sales

The developer asks AED 1,590,000 (~AED 1,455/sq.ft. for a published 1,093 sq.ft. starting unit), while comparable residential homes in Dubai South sold for a median of AED 1,665/sq.ft. (AED 1,819,845 for the same size).

1. Published Asking Price

AED 1,455 / sq.ft.

AED 1,590,000 starting price · 1,093 sq.ft.

2. Historical Nearby Closed Sales

AED 1,665 / sq.ft.

~AED 1,819,845 for the same size

3. Spread vs Historical Median

-AED 210 / sq.ft. (-12.6%)

-AED 229,845 vs historical median

Show bar comparison & transaction context

Published Launch AskAED 1,455 / sq.ft.

Historical Nearby Closed Sales MedianAED 1,665 / sq.ft.

Historical transaction context: The asking rate is 12.6% (~AED 229,845) below recent nearby completed homes in Dubai South. While a lower entry rate reduces your starting cost basis, it does not guarantee capital upside or an immediate financial advantage—final outcomes still depend on 4% registration fees, construction delivery, unit micro-location, and market demand at handover.

Get an available quotation

Select a verified unit bucket to inspect published pricing and payment milestones.

Down payment10%

AED 159K

At booking

During construction60%

AED 954K

Construction milestones

On handover0%

AED 0

Handover Mar 2029

Post-handover30%

AED 477K

Over 6 months

View full 8-factor score breakdown & recent DLD sales

Key takeaways before you buy

Plain-language summary of pricing, payment terms, and delivery outlook

Bottom Line

High pre-handover capital commitment: 70% due before completion

The published payment schedule requires 70% of the contract price (~AED 1,113,000) during construction, with 30% due at or after handover. (Verified Fact · Verified Launch Schedule)

Payment-Plan Exposure

70/30 Split

High pre-handover capital commitment: 70% due before completion

The published payment schedule requires 70% of the contract price (~AED 1,113,000) during construction, with 30% due at or after handover.

Why this matters: Front-loaded installment schedules increase capital tied up while the building is unfinished; confirm that milestones are linked to certified construction progress rather than calendar dates.

Competing Supply (Potential Risk)

57 Launches

57 competing off-plan launches tracked in Dubai South — potential handover competition

SKID tracks 57 competing off-plan launches in Dubai South. While phased handovers and district demand may absorb new inventory, a concentrated pipeline increases potential competition among resale buyers at handover.

Why this matters: Future supply impact is a potential risk rather than a certainty: if multiple towers deliver in the same window, sellers may face longer marketing times or more competitive secondary resale pricing.

Developer Track Record (Incomplete Data)

History Incomplete

Incomplete historical delivery data for BT Properties in catalog

BT Properties is named on the launch, but SKID currently has 0 verified past-handover completion records in its catalog to evaluate historical on-time delivery performance.

Why this matters: An incomplete catalog record does not necessarily mean a developer has no prior projects elsewhere, but it introduces uncertainty—rely on verified DLD construction escrow milestones and independent due diligence.

SKID intelligence

How does this project compare across all 8 factors?

Evidence Coverage: 7/8 factors (81.8%)
Methodology: skid-geo-v3.0-8factor

How SKID scores & compares projects

Last evaluated: 2026-11-02

Strong

• Published starting price vs historical DLD closed sales median: 12.6% below historical DLD closed sales median per sq ft in this community
• Handover sits in a typical 1–3 year off-plan window

Watch

• Amenities mention park
• 30% of the price is due at or after handover
• Service charge published at 13

Risk

• Heavy competing supply: 57 other launches in Dubai South
• 23 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)

See all 8 scoring factorsWhy SKID gave it 6.6

Why SKID gave it 6.6

Location

Weight: 29.6%

6.5/ 10

Amenities mention park

Entry price

Weight: 22.2%

9.0/ 10

Published starting price vs historical DLD closed sales median: 12.6% below historical DLD closed sales median per sq ft in this community

Developer

Weight: 18.2%

Insufficient evidence (N/A)

Supply / competition

Weight: 14.8%

3.6/ 10

Heavy competing supply: 57 other launches in Dubai South

Payment plan

Weight: 14.8%

6.3/ 10

30% of the price is due at or after handover

Delivery risk

Weight: 7.4%

8.6/ 10

Handover sits in a typical 1–3 year off-plan window

Exit liquidity

Weight: 7.4%

4.5/ 10

23 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)

Service charges

Weight: 3.7%

7.1/ 10

Service charge published at 13

Factor	Weight	Score
Location Amenities mention park	29.6%	6.5/ 10
Entry price Published starting price vs historical DLD closed sales median: 12.6% below historical DLD closed sales median per sq ft in this community	22.2%	9.0/ 10
Developer Insufficient evidence (N/A)	18.2%	Insufficient evidence (N/A)
Supply / competition Heavy competing supply: 57 other launches in Dubai South	14.8%	3.6/ 10
Payment plan 30% of the price is due at or after handover	14.8%	6.3/ 10
Delivery risk Handover sits in a typical 1–3 year off-plan window	7.4%	8.6/ 10
Exit liquidity 23 primary off-plan registrations in this community (0 completed or secondary resales recorded yet)	7.4%	4.5/ 10
Service charges Service charge published at 13	3.7%	7.1/ 10

Recent sales nearby

Date	Type	Price	Sq ft	AED / sq ft
2026-07-07	Off-plan · Apartment	AED 2.56M	1,951	1,311
2026-07-07	Off-plan · Apartment	AED 1.26M	851	1,481
2026-07-07	Off-plan · Apartment	AED 2.2M	1,677	1,313
2026-07-07	Ready · Apartment	AED 499K	446	1,120
2026-07-07	Off-plan · Apartment	AED 1.86M	1,334	1,394
2026-07-07	Off-plan · Apartment	AED 1.23M	760	1,624
2026-07-07	Off-plan · Apartment	AED 3.42M	1,773	1,932
2026-07-07	Off-plan · Apartment	AED 797K	347	2,294
2026-07-07	Off-plan · Apartment	AED 775K	347	2,235
2026-07-07	Off-plan · Apartment	AED 800K	348	2,301
2026-07-07	Off-plan · Apartment	AED 480K	351	1,368
2026-07-07	Off-plan · Apartment	AED 742K	357	2,080
2026-07-07	Off-plan · Apartment	AED 480K	338	1,421
2026-07-07	Off-plan · Apartment	AED 745K	354	2,102
2026-07-07	Off-plan · Apartment	AED 1.11M	736	1,512
2026-07-07	Off-plan · Apartment	AED 730K	352	2,072
2026-07-07	Off-plan · Apartment	AED 730K	354	2,062
2026-07-07	Off-plan · Apartment	AED 730K	351	2,080
2026-07-07	Off-plan · Apartment	AED 1.97M	1,123	1,755
2026-07-07	Off-plan · Apartment	AED 632K	345	1,833
2026-07-07	Off-plan · Apartment	AED 648K	341	1,901
2026-07-07	Off-plan · Apartment	AED 680K	420	1,621
2026-07-07	Off-plan · Apartment	AED 1.15M	734	1,568
2026-07-07	Off-plan · Apartment	AED 696K	381	1,828

Closed sales in this community. These are not this tower's own contracts unless the record says so.

Location

Dubai, Dubai South, Cascada 2 at Waada

Interactive map ready (1 verified location)

· Dubai South, Dubai

View project

Living in Dubai South

Historical DLD Median

AED 1,665 / sq.ft

Historical DLD Sample

3096 closed sales

Ownership

Freehold

Frequently asked questions

Is Cascada 2 at Waada a good off-plan investment in Dubai South?

Cascada 2 at Waada in Dubai South (Dubai) scores 6.6/10 (compare) on the independent SKID 8-factor off-plan model across 82% evidenced factor weight. Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: entry price. Weakest: supply. Historical DLD Closed Transactions: matched closed sales in Dubai South record a median of AED 1,665/sqft across 3096 verified transactions. Reviewed by SKID Investment Research Engine (as of 2026-11-02).

Who is building Cascada 2 at Waada?

BT Properties is the developer named on this launch.

When is handover for Cascada 2 at Waada?

The published handover is Mar 2029.

What is the starting price of Cascada 2 at Waada?

The published starting price is AED 1.59M.

What does the SKID screen mean for Cascada 2 at Waada?

The SKID screen for this launch in Dubai South is 72 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.