Aldar Reports Over AED 3.5 Billion In Sales During Fahid Island Launch Week

Aldar has reported over AED3.5 billion in sales from Fahid Beach Residences and The Beach House, marking the first residential launches on the island. These developments have attracted a wide range of buyers, drawn by the island's unique position as Abu Dhabi's inaugural coastal wellness destination. The appeal lies in its waterfront lifestyle and proximity to Kings College School Wimbledon, which is part of a broader wellness-inspired masterplan.

Expatriate residents and international buyers make up 67% of total sales, with significant interest from the UAE, Russia, the UK, and China. This diverse interest highlights Fahid Island's growing reputation as a premier lifestyle destination that blends wellness with culture, nature, and community. The development is particularly popular among younger buyers, with 42% under the age of 45.

The launch has also attracted many first-time Aldar customers, accounting for 67% of buyers. This indicates Aldar's expanding influence and the attractiveness of its carefully designed destinations. Jonathan Emery, CEO at Aldar Development, stated, "The highly anticipated launch of Fahid Island has resulted in the first homes released generating more than AED3.5 billion - and serves as a powerful validation of our vision to place wellness at the heart of community living."

Due to high demand for Fahid Beach Residences, Aldar quickly introduced The Beach House during launch week. Sales are progressing rapidly for this second residential offering on Fahid Island. The development consists of 11 elegantly designed towers featuring studios to three-bedroom plus maid apartments. These homes are crafted to reflect their coastal environment and offer a sense of calm and sophistication.

Residents enjoy luxurious interiors and stunning views of both the sea and Abu Dhabi skyline. They also benefit from state-of-the-art amenities, direct shoreline access, and easy connectivity to Coral Drive, the island’s boutique retail boulevard. As more residential projects are planned, Aldar aims to transform Fahid Island into a vibrant hub focused on wellness that redefines coastal living in the region.

Emery further commented on Abu Dhabi’s status as an attractive investment and lifestyle destination: "The success reflects Abu Dhabi’s position as one of the world’s most desirable investment and lifestyle destinations and we are expecting continued interest in Fahid Island as Abu Dhabi’s first wellness island builds its profile on the global stage."

Aldar continues to work towards its vision for Fahid Island by planning additional residential launches. These efforts aim to establish it as a lively destination centred around wellness while redefining coastal living standards in the region.

With inputs from WAM