Abu Dhabi’s premier developer, Aldar, has made a remarkable entrance with its latest project, Fahid Island—a sprawling wellness-centric coastal community. In just its inaugural week, the launch saw an impressive AED 3.5 billion (approx. US $953 million) worth of property reservations, signaling strong market appetite
What Was on Offer?
Two primary residential collections debuted:
- Fahid Beach Residences
- The Beach House
Both received enthusiastic uptake from local and international buyers, showcasing the appeal of waterfront wellness living
Who’s Investing?
A striking 67% of units went to expats and overseas investors. Buyers hail predominantly from the UAE, Russia, the UK, and China. Interestingly:
- 67% were Aldar’s first-time purchasers
- 42% were aged under 45
This data underscores the pull of a coastal lifestyle among younger, global buyers and the depth of Aldar’s reach.
What’s Driving the Buzz?
Several factors seem to be fueling this success:
- A health and wellness focus, crafted into the island’s design.
- A prime coastal setting with direct shoreline access.
- Proximity to King’s College School, Wimbledon, giving it extra appeal for families
Plus, “The Beach House” offers:
- 11 stylish towers
- Options from studios to three-bedroom + maid units
- Sea views and easy access to boutique retail along Coral Drive
Aldar’s View
Jonathan Emery, CEO of Aldar Development, praised the launch, saying it affirms their vision to place wellness at the centre of community projects. He noted it also underscores Abu Dhabi’s growing stature as a global investment and lifestyle hub. Emery anticipates continued momentum as Fahid Island establishes itself.
Why It Matters
- Record-breaking launch: AED 3.5 billion in sales is a standout performance.
- Wellness living: Fahid Island is Abu Dhabi’s first community designed around coastal wellness—a sign of shifting buyer preferences.
- Investor diversity: Strong interest from expats and younger demographics points to widening appeal.
Final Thoughts
Fahid Island’s launch reflects more than just swift sales—it signals a transformation in buyer expectations, with wellness living and waterfront access topping the list. Aldar’s ability to attract first-time, expatriate, and millennial investors hints at the strength and future potential of Abu Dhabi’s real estate landscape.
Keep an eye on Fahid Island as it evolves—will the second phase maintain this momentum? With wellness-focused planning and luxury coastal amenities, it’s well positioned for long-term success.
Source: https://www.arabianbusiness.com/