Latest news with #FahidBeachResidences
Trade Arabia
7 days ago
- Business
- Trade Arabia
Aldar unveils Fahid Island, a costal wellness destination
Aldar has unveiled the masterplan for Abu Dhabi's next iconic island destination, Fahid Island, which has an 11 km coastline and a gross development value of over AED40 billion ($10.89 billion). With 4.6 km of pristine beachfront on one side of the island and serene mangrove forests on the other, the island is a wellness sanctuary offering a seamless connection to the water. Every part of the 2.7 million sq m island is no more than a five-minute walk to the water's edge, creating a vibrant island culture complete with refined coastal residences, curated leisure, and 5-star hospitality. More than 6,000 luxury residences are planned for the island, ranging from apartments and townhouses to ultra-luxury villas. The first residential development to be introduced on Fahid Island - Fahid Beach Residences -sets a new standard for exclusive beachfront living in Abu Dhabi. This limited collection of seven buildings, each featuring 65 residences, reflects a carefully crafted approach to privacy and world-class design. Top school part of the scheme Aldar has also partnered with a leading international institution to introduce an elevated education experience to Fahid Island in line with Abu Dhabi's vision to become a regional hub for excellence in education. The school will become an integral part of the community, providing a key differentiator for family life on the island. Stretching between Abu Dhabi's most desirable lifestyle destination, Yas Island, and its cultural centre, Saadiyat Island, Fahid Island is where entertainment and culture meet wellness. A celebration of contrasts, the island offers a unique mix of city and sand, retail and relaxation, energy and serenity, and all with exceptional connectivity – Yas Island's thrilling theme parks, Saadiyat Island's Cultural District, and Zayed International Airport are all accessible in under 15 minutes. Mohamed Al Mubarak, Chairman of Aldar, said: 'Abu Dhabi is a thriving, global destination where heritage and innovation combine to create a world-class environment to live, work, and explore. Sustainable and inclusive development has been a critical part of this success, which is why Aldar remains focused on delivering communities that reflect the values and ambitions of the UAE. Fahid Island is the latest chapter in that journey—building on the success of Saadiyat and Yas Islands to offer a new benchmark in premium waterfront living, wellness, and sustainable design." Talal Al Dhiyebi, Group Chief Executive Officer of Aldar, said: 'Our plans for Fahid Island support a thriving real estate market in Abu Dhabi, where we are seeing incredible demand from buyers within the local market as well as overseas investors. With a gross development value of over AED 40 billion, Fahid Island is one of the largest mixed use residential masterplans launched in Abu Dhabi and will ensure the emirate consolidates its position as one of the world's most desirable destinations to reside, invest, and visit.' Wellness focus Wellness is woven into the very fabric of life on Fahid Island, with thirty per cent of space dedicated to natural spaces – from lush vegetation and restorative gardens to invigorating green trails. A 10km landscaped Berm Park will not only create a natural visual and acoustic buffer but will also be the island's wellness and fitness corridor with running tracks and three cycling routes that seamlessly connect to Abu Dhabi's cycle loop. Water stations, shaded rest areas, and fitness nodes are strategically placed throughout to cater to athletes of all levels. Life on the water defines Fahid Island, with kite surfing, paddle boarding, illuminated night swimming, and volleyball all available to residents. The island's 2km waterfront promenade will serve as the island's social hub – with a vibrant mix of retail, dining, and art experiences – offering a community space to stroll, pause, relax and absorb the energy of the island. Coral Drive, the island's boutique retail boulevard will offer a unique selection of trendy outlets, concept stores, art galleries, ballet school and cafés as well as eclectic street furniture, and public artworks. Fahid Island is the world's first Fitwel certified island, highlighting the health-focused design of the destination. The island has also received LEED City and Communities Platinum precertification and is targeting an Estidama 3-Pearl rating. In addition, the masterplan has been designed to ensure and promote eco-friendly mobility and connectivity, with pedestrian bridges linking the two sides of the island, as well as a streetscape designed to prioritise foot traffic paired with a shading strategy using innovative design for outdoor thermal comfort.
The National
03-06-2025
- Business
- The National
At $1m for one-bed apartment, Fahid Island capitalises on Abu Dhabi's growing appeal
A one-bedroom unit at the new Fahid Island development in Abu Dhabi is priced from Dh3.5 million ($953,029) onwards, according to developer Aldar Properties, amid soaring property demand. The massive project, which has a gross development value of Dh40 billion, will be built in phases, with the first residential development – Fahid Beach Residences, with seven buildings – expected to be complete by 2029. Spread across 2.7 million square metres, with an 11km coastline, Fahid Island will be built between Yas Island and Saadiyat Island. It will have amenities including running tracks and cycling routes, with 30 per cent of space dedicated to natural spaces. Fahid Island is 'little bit more than just residential", Jonathan Emery, chief executive of Aldar Development, said during the launch of the project. 'This is sort of a destinational street. The beach is designed to draw, not just residents, but other people to come and enjoy that amenity. The quality of the school, which will shortly be announced, will also say this is not a normal residential [project] and there's something special going on here.' The island's waterfront promenade will have a mix of retail, dining and art experiences. Coral Drive, the island's boutique retail boulevard, will have outlets, concept stores, art galleries, a ballet school, cafes and public artworks. Kite surfing, paddle boarding, illuminated night swimming, and volleyball will also available to residents of the island. 'We would expect international interest in this location. I think it's got many ingredients that people would look to as a place they'd want to live. It's incredibly attractive to people from all over the world,' Mr Emery said. 'We also have a lot of local customers who have been with us loyally from the start, and they know Abu Dhabi well, and they've been like, 'When is Fahid coming?' Now they've seen it, people are very excited.' Residential property sale prices in Abu Dhabi rose by 11 per cent annually last year amid higher demand and a supply shortage in the emirate, according to a March report by real estate company Cushman & Wakefield Core. The Abu Dhabi Real Estate Centre reported that total transaction value in the emirate grew by 34.5 per cent to Dh25.3 billion across 6,896 deals in the first quarter of 2025, compared with Dh18.8 billion from 5,773 transactions in the same period of 2024. Off-plan sales in April across the UAE capital were up 75 per cent month-on-month at Dh804 million, driven by an increase in activity on Saadiyat Island and Al Jubail Island, EFG Hermes said last week. Aldar Properties accounted for the largest off-plan market share, contributing 70 per cent of off-plan activity in April. The announcement of a Disneyland Abu Dhabi theme park on Yas Island has further supported the property market. 'Disney clearly had an enormous positive impact the UAE and Abu Dhabi, primarily, it's just increased people's understanding of Abu Dhabi," Mr Emery said. 'There are many things that have put us on the map, but that is another thing that has really raised the profile. And anything that raises the profile supports Abu Dhabi, investment in Abu Dhabi … we've certainly seen an uptick in interest in investing, in moving here and investing in real estate since Disney.'
Time Out Abu Dhabi
02-06-2025
- Lifestyle
- Time Out Abu Dhabi
Abu Dhabi's new island will include a 10km fitness track, a beach club and a five-star resort
Abu Dhabi's newest island is coming and it's no regular island. Fahid Island, located between Yas Island and Saadiyat Island, has now been formally introduced to the public and we have one word: wow. Set to open in 2029, when phase one of the project is set to be complete, it will include amenities like a 10km running and cycling track, a beach club, a five-star resort and a pedestrian shopping street. Fahid Island has been designed with wellness in mind, with plenty of footpaths connecting all corners of its 2.7 million sqm, designed to get residents and visitors' steps up. While some amenities will be reserved for residents, the general public will be able to access its Berm Park, a 10km wellness and fitness corridor with running tracks and three cycling routes, as well as the 4.6km of beaches and a beach club. Then there's Coral Drive, Abu Dhabi's answer to LA's Rodeo Drive – a shopping destination meant to be walked, not driven through. No shops have been announced yet but we're expecting a high-low mix of big names. The island was also designed to maximise the time Abu Dhabians can spend outdoors throughout the year. To make sure your walks along the island aren't insufferable once the heat kicks in, they're making sure there's enough shade everywhere (from trees but also fabricated shade) and drinking water fountains throughout. Plus, the materials used for the floors will absorb less heat, a move pets will certainly welcome. In fact, Fahid Island is the world's first Fitwel-certified island, a certification that looks at how communities are built to promote and build health. As a self-contained island, Fahid will also have a prestigious British school joining the grounds (which is yet to be announced), a mosque, a waterside fitness centre and a promenade for drinks and bites with sea views. Want to move in? Join the club. The first phase of the project, the Fahid Beach Residences, will be made up of seven mid-rise buildings, with 65 apartments each. They start at Dhs3.5 million for a one-bedroom apartment and will go on sale soon, although an exact date is yet to be announced. Considering how quickly the Abu Dhabi market has been moving, we wouldn't be surprised if this one sells out in a day as well… More Abu Dhabi real estate These are the most popular places to buy and rent in Abu Dhabi right now No gatekeeping round here Modon's Muheira towers on Reem Island sell out on launch day This is pretty cool A new village in Abu Dhabi completely sold out in 24 hours A little slice of Tuscany right in the capital
The National
02-06-2025
- Business
- The National
One-bedroom unit for Dh3.5m at Abu Dhabi's Fahid Island project
A one-bedroom unit at the new Fahid Island development in Abu Dhabi is priced from Dh3.5 million ($953,029) onwards, according to developer Aldar Properties, amid soaring property demand. The massive project, which has a gross development value of Dh40 billion, will be built in phases, with the first residential development – Fahid Beach Residences, with seven buildings – expected to be complete by 2029. Spread across 2.7 million square metres, with an 11km coastline, Fahid Island will be built between Yas Island and Saadiyat Island. It will have amenities including running tracks and cycling routes, with 30 per cent of space dedicated to natural spaces. Fahid Island is 'little bit more than just residential", Jonathan Emery, chief executive of Aldar Development, said during the launch of the project. 'This is sort of a destinational street. The beach is designed to draw, not just residents, but other people to come and enjoy that amenity. The quality of the school, which will shortly be announced, will also say this is not a normal residential [project] and there's something special going on here.' The island's waterfront promenade will have a mix of retail, dining and art experiences. Coral Drive, the island's boutique retail boulevard, will have outlets, concept stores, art galleries, a ballet school, cafes and public artworks. Kite surfing, paddle boarding, illuminated night swimming, and volleyball will also available to residents of the island. 'We would expect international interest in this location. I think it's got many ingredients that people would look to as a place they'd want to live. It's incredibly attractive to people from all over the world,' Mr Emery said. 'We also have a lot of local customers who have been with us loyally from the start, and they know Abu Dhabi well, and they've been like, 'When is Fahid coming?' Now they've seen it, people are very excited.' Residential property sale prices in Abu Dhabi rose by 11 per cent annually last year amid higher demand and a supply shortage in the emirate, according to a March report by real estate company Cushman & Wakefield Core. The Abu Dhabi Real Estate Centre reported that total transaction value in the emirate grew by 34.5 per cent to Dh25.3 billion across 6,896 deals in the first quarter of 2025, compared with Dh18.8 billion from 5,773 transactions in the same period of 2024. Off-plan sales in April across the UAE capital were up 75 per cent month-on-month at Dh804 million, driven by an increase in activity on Saadiyat Island and Al Jubail Island, EFG Hermes said last week. Aldar Properties accounted for the largest off-plan market share, contributing 70 per cent of off-plan activity in April. The announcement of a Disneyland Abu Dhabi theme park on Yas Island has further supported the property market. 'Disney clearly had an enormous positive impact the UAE and Abu Dhabi, primarily, it's just increased people's understanding of Abu Dhabi," Mr Emery said. 'There are many things that have put us on the map, but that is another thing that has really raised the profile. And anything that raises the profile supports Abu Dhabi, investment in Abu Dhabi … we've certainly seen an uptick in interest in investing, in moving here and investing in real estate since Disney.'
Arabian Post
02-06-2025
- Business
- Arabian Post
Aldar Launches Dhs40bn Coastal Development on Fahid Island
Arabian Post Staff -Dubai Aldar Properties has unveiled a Dhs40 billion mixed-use development on Fahid Island, a 3.4 million square metre natural island situated between Yas and Saadiyat Islands in Abu Dhabi. The project aims to transform the island into a premier coastal wellness destination, featuring over 4,000 residential units, retail outlets, hospitality venues, and community facilities. The first phase, Fahid Beach Residences, will comprise seven beachfront buildings, each housing 65 residences, offering a blend of apartments, townhouses, and ultra-luxury beach and mangrove villas. The development capitalises on the island's 11 km of waterfront, including 4.6 km of pristine beaches and iconic mangroves, providing residents with prime sea views and direct beach access. ADVERTISEMENT Aldar acquired the island for AED 2.5 billion, with the acquisition consideration to be paid over five years. The gross development value of the project stands at AED 26 billion. The development will include a school, retail and hospitality offerings, and a wide array of community facilities, aiming to create a vibrant and integrated community. The project emphasises sustainability, with eco-friendly construction practices and measures to protect local wildlife and preserve natural resources. The lush mangroves surrounding the island are to be preserved, enhancing the area's natural ecosystem. Aldar's CEO, Talal Al Dhiyebi, stated that the acquisition solidifies the company's presence on the Yas-Saadiyat corridor and strengthens its ability to deliver sustainable value to Abu Dhabi and its communities. Jonathan Emery, CEO at Aldar Development, noted that Al Fahid Island presents a robust pipeline of development activity, catering to the strong appetite for ultra-luxury products in Abu Dhabi's premier locations.
