Aldar confirms latest residential sales launch for Dh40b Fahid Island

Fahid Beach Terraces come to market after initial sales score big hit

Last updated: August 12, 2025 | 11:03

Manoj Nair, Business Editor

1 MIN READ

More shoreline homes will come to market in Abu Dhabi, at Fahid Island.

Afra Alnofeli/Gulf News

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'.

Also Read: Abu Dhabi's new Fahid Island nets home sales of Dh3.5b in launch week - expats dominate buyer list

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."

Manoj NairBusiness Editor

Manoj Nair, the Gulf News Business Editor, is an expert on property and gold in the UAE and wider region, and these days he is also keeping an eye on stocks as well. Manoj cares a lot for luxury brands and what make them tick, as well as keep close watch on whatever changes the retail industry goes through, whether on the grand scale or incremental. He’s been with Gulf News for 30 years, having started as a Business Reporter. When not into financial journalism, Manoj prefers to see as much of 1950s-1980s Bollywood movies. He reckons the combo is as exciting as it gets, though many will vehemently disagree.