Waseem Abbas is the son of famous singer and actor Inayat Hussain Bhatti. His uncle Kaifee (real name Kifayat Hussain Bhatti) was also a famous film actor and director. He started his career as a TV actor in Lahore.

Waseem Abbas was married to actress Saba Hameed. His step-daughter Meesha Shafi is also in Pakistani show business as an actress.