Aldar Unveils New Fahid Island Residential Launch Following Record Sales
Aldar Properties has announced the latest phase of residential sales on Fahid Island, a Dh40 billion master-planned waterfront development in Abu Dhabi. The launch comes on the back of record-breaking off-plan sales earlier this year, with the first two releases generating nearly Dh3 billion in revenue.
The new project, Fahid Beach Terraces, will comprise six mid-rise buildings set near the shoreline. Aldar says the development will feature spa facilities, landscaped communal areas, and a dedicated seaside clubhouse designed to offer residents a “retreat-like experience” year-round.
Positioned as a wellbeing-focused community, Fahid Island has been a cornerstone of Aldar’s luxury residential strategy in Abu Dhabi. The developer has described the island as a lifestyle destination combining beachfront living with wellness-oriented amenities.
Sales for the 501 apartments in Fahid Beach Terraces will open on August 27. Pricing has not yet been disclosed, although earlier launches on the island, such as Fahid Beach Residences, began at Dh3.5 million. Market analysts expect strong demand despite the premium price bracket, citing robust interest from both end-users and investors in the first half of the year.
“Even with the Dh3.5 million entry price tag for the first launch, the response was instant,” said a property agent familiar with the sales. “We saw particular interest from first-time buyers in Abu Dhabi, which Aldar has not traditionally targeted at this scale.”
The first half of 2025 saw Abu Dhabi’s residential market outperform expectations, driven in part by high-value off-plan transactions. According to data from the Department of Municipalities and Transport, the capital recorded a 28% year-on-year increase in property sales, with waterfront projects capturing a significant share.
Fahid Island’s appeal lies in its combination of location, exclusivity, and amenities. Situated within easy reach of Abu Dhabi’s Corniche and major transport routes, the development aims to attract buyers seeking both investment potential and a premium lifestyle.
Industry sources say the wellness positioning is also a differentiator in a competitive market. “This is not just another waterfront project—it’s being designed to integrate health and leisure into everyday life,” one consultant said, noting the inclusion of spa services, walking trails, and car-free zones.
Aldar’s strategy to phase the island’s releases appears to be paying off. By spacing launches, the developer has been able to maintain buyer interest and manage construction timelines while securing early cash flow. The success of the first two phases has set high expectations for Fahid Beach Terraces, which will bring the island closer to its long-term vision.
While the UAE’s property sector has faced global headwinds, Abu Dhabi’s high-end residential segment has remained resilient. Analysts credit the strength of the local economy, population growth, and continued inflows of international capital as key drivers. The Emirate’s introduction of longer-term residency options for investors has also bolstered demand.
For Aldar, the Fahid Island project represents both a flagship development and a litmus test for sustained premium market performance. If sales momentum continues at current levels, the island could become one of the most valuable residential enclaves in the region.
With construction already underway on earlier phases, Aldar has confirmed that buyers in the latest launch will benefit from similar build quality and design standards. The company has not given an estimated handover date for Fahid Beach Terraces but has indicated that the project will align with the broader island completion schedule.
The August 27 sales launch is expected to draw significant attention from both domestic and overseas buyers. Property agents report that inquiries have already begun, driven by the island’s reputation and Aldar’s delivery track record.
As the luxury residential market in Abu Dhabi continues to mature, developments like Fahid Island may play an increasingly prominent role in shaping the capital’s skyline and lifestyle offerings. For Aldar, success here would further cement its position as a leading developer in the Gulf’s high-end property sector.
