
Aldar generates more than Dhs3.5 billion in sales at Fahid Island during launch week
The Fahid Island homes attracted a diverse pool of buyers, drawn by the island's position as Abu Dhabi's first coastal wellness destination, the waterfront lifestyle, and proximity to super-premium education at Kings College School Wimbledon which sits within the wider wellness inspired masterplan.
Expatriate residents and overseas buyers account for 67% of total sales, with buyers from the UAE, Russia, the UK, and China making up the top nationalities by sales volume. This strong local and international interest underscores Fahid Island's emerging global profile as a premier lifestyle destination where wellness meets culture, nature, and community.
42% of buyers are under the age of 45, signalling growing demand for luxury wellness-focused living among younger demographics. Notably, 67% of buyers are first-time Aldar customers, demonstrating Aldar's expansive reach and the appeal of the Group's thoughtfully curated destinations.
Jonathan Emery, Chief Executive Officer at Aldar Development, said, 'The highly anticipated launch of Fahid Island has resulted in the first homes released generating more than Dhs3.5 billion - and serves as a powerful validation of our vision to place wellness at the heart of community living. 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.'
In response to the overwhelming demand for Fahid Beach Residences, Aldar accelerated the launch of Fahid Island's second residential offering, The Beach House during launch week and sales progress continues at pace. Comprised of 11 elegantly designed towers offering a collection of studios to 3-bedroom + maid apartments, the new development draws on its coastal surroundings and is thoughtfully crafted to evoke a sense of calm, lightness, and relaxed sophistication.
Residents benefit from exquisite interiors and breathtaking views of the sea and Abu Dhabi skyline, as well as a state-of-the-art amenities and facilities, direct shoreline access, and seamless connectivity to Coral Drive, the island's boutique retail boulevard.
With further residential launches planned, Aldar will continue to deliver on its vision to transform Fahid Island into a vibrant, wellness-focused destination that redefines coastal living in the region.
WAM
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Gulf Business
4 days ago
- Gulf Business
Addleshaw Goddard advises on Dhs530m AlMarkaz logistics asset sale
Owen Richards, partner – corporate finance at Addleshaw Goddard/Image: Supplied International law firm Addleshaw Goddard has advised Al Waha Land (Waha Land), a wholly owned subsidiary of Waha Capital, on the Dhs530m sale of integrated logistics assets at AlMarkaz Industrial Park in Al Dhafra, Abu Dhabi. The assets, totaling 182,500 sqm of net leasable area within the 6 million sqm industrial park, were acquired by Aldar on 30 June 2025, marking a notable milestone for the UAE's real estate and logistics sectors. Developed by Waha Land and benefiting from special economic zone status, AlMarkaz Industrial Park is near full occupancy with a diverse mix of international, regional, and government-related tenants. The site also offers significant development potential, presenting opportunities for future collaboration between Aldar and Waha. Owen Richards, partner – corporate finance at Addleshaw Goddard, said: 'We are delighted to have supported Waha Capital on this landmark transaction. The sale of AlMarkaz Industrial Park assets reflects the strength and scalability of the UAE's logistics and industrial sectors, which continue to attract significant investment amid the region's economic diversification efforts. This deal underscores our expertise in advising on high-value, complex transactions in the real estate and logistics sectors across the Middle East.' The transaction underscores the strategic importance of logistics and industrial real estate in the Middle East, as governments invest in infrastructure and supply chain resilience. The UAE's position as a logistics hub—driven by its location, world-class facilities, and pro-business policies—continues to fuel investor demand for high-quality industrial assets. The Addleshaw Goddard team was led by Richards, supported by Rachael Norris, James Whittam, Ryan Shanley (UAE Corporate), Heather Gibson (Tax), Jeremy Scott, Edward Foster (Real Estate), and Philip Chalmers and Maral Nafar (Banking). The deal further cements Addleshaw Goddard's standing as a trusted advisor on high-profile real estate and logistics transactions in the MENA region, reflecting its commitment to delivering expert legal and strategic guidance on complex, high-value deals.


Zawya
4 days ago
- Zawya
Addleshaw Goddard advises Al Waha Land LLC on AED 530mln disposal of AlMarkaz Industrial Park assets to Aldar
Abu Dhabi, United Arab Emirates: International law firm Addleshaw Goddard has advised Al Waha Land LLC (Waha Land), a wholly owned subsidiary of Waha Capital, on the recent AED 530 million disposal of integrated logistics assets, with a total net leasable area of 182,500 sqm, at the 6 million sqm AlMarkaz Industrial Park, Al Dhafra, Abu Dhabi. The transaction, which was completed by Aldar on 30 June 2025, marks a significant milestone in the UAE's real estate and logistics sectors. Developed by Waha Land and enjoying special economic zone status, AlMarkaz Industrial Park is located in Abu Dhabi's Al Dhafra region. The property benefits from near-full occupancy and a diverse mix of international, regional, and government-related tenants. With further development potential at AlMarkaz, the transaction presents an opportunity for Aldar and Waha to explore future collaboration at the site. Owen Richards, Partner – Corporate Finance at Addleshaw Goddard, commented: 'We are delighted to have supported Waha Capital on this landmark transaction. The sale of AlMarkaz Industrial Park assets reflects the strength and scalability of the UAE's logistics and industrial sectors, which continue to attract significant investment amid the region's economic diversification efforts. This deal underscores our expertise in advising on high-value, complex transactions in the real estate and logistics sectors across the Middle East.' The transaction highlights the growing importance of the logistics and industrial real estate sector in the Middle East, as regional economies prioritise infrastructure development and supply chain resilience. The UAE has emerged as a hub for logistics innovation, with its strategic location, world-class infrastructure, and business-friendly environment driving demand for high-quality industrial assets. The Addleshaw Goddard team advising on the transaction was led by Owen Richards, supported by Rachael Norris, James Whittam, Ryan Shanley (UAE Corporate), Heather Gibson (Tax), Jeremy Scott, Edward Foster (Real Estate), and Philip Chalmers and Maral Nafar (Banking). This transaction further reinforces Addleshaw Goddard's position as a trusted advisor on high-profile real estate and logistics deals across the MENA region, reflecting the firm's focus on delivering exceptional legal expertise and strategic insights to its clients. About Addleshaw Goddard Addleshaw Goddard is a global law firm with 2,800+ partners and employees across our 21 offices spanning key commercial centres around the world. Six in the UK – London, Leeds, Manchester, Edinburgh, Glasgow, Aberdeen; eight in Europe – four in Germany and one in Ireland, France, Luxembourg, Poland and Spain; a further five in the GCC – Doha, Dubai, Abu Dhabi, Riyadh and Muscat; and one in Asia – Singapore. We have over 450 Partners and nearly 2,000 lawyers and fee-earners worldwide. In the Middle East we have 27 Partners and close to 100 other fee earners. For more information, please contact: Gambit Communications Suzana Saoud Senior Account Manager +971 56 7155 470 suzana@


Zawya
5 days ago
- Zawya
Aldar launches third residential project ‘Fahid Beach Terraces'
Aldar today announced the launch of Fahid Beach Terraces, a six building residential community set on shoreline on Fahid Island in Abu Dhabi. The new development features amenities that enhance residents' well-being and meet all their needs, such as wellness complexes, fitness studios, and other facilities for active lifestyles. The 501-unit development comprises a diverse range of luxury residences, including one- to four-bedroom apartments, duplexes, and collection of six exclusive five-bedroom penthouses. Fahid Beach Terraces is designed to reflect the broader sustainability vision of Fahid Island – the world's first Fitwel-certified island – where design excellence, innovation, and Aldar's commitment to purposeful development come together. The residential buildings are targeting Fitwel 2-star rating, Estidama 3 Pearl for buildings, and LEED Gold. Fahid Beach Terraces is open to buyers of all nationalities and will be available for sale from 27th August 2025.