Aldar confirms latest residential sales launch for Dh40b Fahid Island

Dubai: Aldar has launched the latest offplane project at its Dh40 billion Fahid Island development. The first two sales releases on Fahid Island proved to be the most successful in Abu Dhabi's property market this year, generating over Dh3 billion.

The latest launch, Fahid Beach Terraces, take the form of a six building residential community set by the shoreline. There will be a dedicated beachfront clubhouse and wellness amenities to 'transform everyday living into a retreat-like experience'.

In fact, Fahid Island itself is being projected as a wellness destination.

Fahid Beach Terraces will create 501 residential units, the pricing for which has not been revealed so far. They go on sale August 27. (The first project, Fahid Beach Residences had starting prices of Dh3.5 million.)

For Aldar, the new launch gives it the chance to rev up more offplan sales numbers after a record-setting H1-2025.

As with the first set of releases, property market sources expect significant demand for the Fahid Beach Terraces. "Even with the Dh3.5 million entry price tag for the first launch, the response was instant," said a property agent. "Especially among first-time buyers in Abu Dhabi, which Aldar has already seen a lot of in the first six months of this year."