Aldar Properties generated more than Dh3.5 billion ($953 million) in sales from Fahid Beach Residences and The Beach House, the island’s first residential developments released during launch week, amid soaring property demand.
The Fahid Island homes attracted a range of buyers. Expatriate residents and overseas purchasers accounted for 67 per cent of total sales, the developer said in a statement on Friday. Buyers from the UAE, Russia, the UK and China made up the top nationalities by sales volume.
The company, Abu Dhabi’s biggest listed developer, said 42 per cent of buyers were under the age of 45 and 67 per cent of them were first-time Aldar customers.
Watch: Abu Dhabi to develop new island with one-bed apartments priced at $1 million
Key demand drivers include Fahid Island’s position as Abu Dhabi’s first coastal wellness destination, its waterfront lifestyle and proximity to Kings College School Wimbledon, which sits within the wider wellness-inspired masterplan.
“The sales serve as a powerful validation of our vision to place wellness at the heart of community living,” Jonathan Emery, chief executive at Aldar Development, said.
“The success reflects Abu Dhabi’s position as one of the world’s most desirable investment and lifestyle destinations.”
A one-bedroom unit at the new development is priced from Dh3.5 million. The massive project, which has a gross development value of Dh40 billion, will be built in phases. The first residential development – Fahid Beach Residences, with seven buildings – is expected to be complete by 2029.
Spread across 2.7 million square metres, with an 11km coastline, Fahid Island is being built between Yas Island and Saadiyat Island. It will have amenities including running tracks and cycling routes, with 30 per cent of the area dedicated to natural spaces.
Residential property sale prices in Abu Dhabi rose by 11 per cent annually last year amid higher demand and a supply shortage, according to a March report by real estate company Cushman & Wakefield Core.
Aldar launches Fahid Island – in pictures
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 in May. Aldar Properties accounted for the largest off-plan market share, contributing 70 per cent of activity in April.
The announcement of a Disneyland Abu Dhabi theme park on Yas Island has further supported the property market.
In response to the “overwhelming demand” for Fahid Beach Residences, Aldar accelerated the launch of Fahid Island’s second residential offering, The Beach House.
The new development comprises 11 towers including studios and three-bedroom apartments. It offers views of the sea and Abu Dhabi skyline, shoreline access and connectivity to Coral Drive, the island’s boutique retail boulevard.
Aldar said on Friday it has planned further residential launches for Fahid Island.
The island’s waterfront promenade will have a combination of retail, dining and art experiences. Coral Drive 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.
UAE currency: the story behind the money in your pockets
F1 The Movie
Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem
Director: Joseph Kosinski
Rating: 4/5
Killing of Qassem Suleimani
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
Company Profile:
Name: The Protein Bakeshop
Date of start: 2013
Founders: Rashi Chowdhary and Saad Umerani
Based: Dubai
Size, number of employees: 12
Funding/investors: $400,000 (2018)
Fitness problems in men's tennis
Andy Murray - hip
Novak Djokovic - elbow
Roger Federer - back
Stan Wawrinka - knee
Kei Nishikori - wrist
Marin Cilic - adductor
UAE currency: the story behind the money in your pockets
Mohammed bin Zayed Majlis
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
COMPANY%20PROFILE
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UAE squad
Esha Oza (captain), Al Maseera Jahangir, Emily Thomas, Heena Hotchandani, Indhuja Nandakumar, Katie Thompson, Lavanya Keny, Mehak Thakur, Michelle Botha, Rinitha Rajith, Samaira Dharnidharka, Siya Gokhale, Sashikala Silva, Suraksha Kotte, Theertha Satish (wicketkeeper) Udeni Kuruppuarachchige, Vaishnave Mahesh.
UAE tour of Zimbabwe
All matches in Bulawayo
Friday, Sept 26 – First ODI
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I
Killing of Qassem Suleimani
The years Ramadan fell in May
The years Ramadan fell in May
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The%20specs
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PLAY-OFF%20DRAW
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The five pillars of Islam
UAE currency: the story behind the money in your pockets
Pad Man
Dir: R Balki
Starring: Akshay Kumar, Sonam Kapoor, Radhika Apte
Three-and-a-half stars
More on animal trafficking
Crops that could be introduced to the UAE
1: Quinoa
2. Bathua
3. Amaranth
4. Pearl and finger millet
5. Sorghum
Killing of Qassem Suleimani
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The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
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Zayed Sustainability Prize
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
KILLING OF QASSEM SULEIMANI
KILLING OF QASSEM SULEIMANI
Pharaoh's curse
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
FIGHT INFO
Men’s 60kg Round 1:
Ahmad Shuja Jamal (AFG) beat Krisada Takhiankliang (THA) - points
Hyan Aljmyah (SYR) beat Akram Alyminee (YEM) - retired Round 1
Ibrahim Bilal (UAE) beat Bhanu Pratap Pandit (IND) - TKO Round 1
Men’s 71kg Round 1:
Seyed Kaveh Soleyman (IRI) beat Abedel Rahman (JOR) - RSC round 3.
Amine Al Moatassime (UAE) walk over Ritiz Puri (NEP)
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What is the FNC?
The Federal National Council is one of five federal authorities established by the UAE constitution. It held its first session on December 2, 1972, a year to the day after Federation.
It has 40 members, eight of whom are women. The members represent the UAE population through each of the emirates. Abu Dhabi and Dubai have eight members each, Sharjah and Ras al Khaimah six, and Ajman, Fujairah and Umm Al Quwain have four.
They bring Emirati issues to the council for debate and put those concerns to ministers summoned for questioning.
The FNC’s main functions include passing, amending or rejecting federal draft laws, discussing international treaties and agreements, and offering recommendations on general subjects raised during sessions.
Federal draft laws must first pass through the FNC for recommendations when members can amend the laws to suit the needs of citizens. The draft laws are then forwarded to the Cabinet for consideration and approval.
Since 2006, half of the members have been elected by UAE citizens to serve four-year terms and the other half are appointed by the Ruler’s Courts of the seven emirates.
In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
U19 World Cup in South Africa
Group A: India, Japan, New Zealand, Sri Lanka
Group B: Australia, England, Nigeria, West Indies
Group C: Bangladesh, Pakistan, Scotland, Zimbabwe
Group D: Afghanistan, Canada, South Africa, UAE
UAE fixtures
Saturday, January 18, v Canada
Wednesday, January 22, v Afghanistan
Saturday, January 25, v South Africa
UAE squad
Aryan Lakra (captain), Vriitya Aravind, Deshan Chethyia, Mohammed Farazuddin, Jonathan Figy, Osama Hassan, Karthik Meiyappan, Rishabh Mukherjee, Ali Naseer, Wasi Shah, Alishan Sharafu, Sanchit Sharma, Kai Smith, Akasha Tahir, Ansh Tandon
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Mohammed bin Zayed Majlis
Killing of Qassem Suleimani
Company profile
Date started: 2015
Founder: John Tsioris and Ioanna Angelidaki
Based: Dubai
Sector: Online grocery delivery
Staff: 200
Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
Mohammed bin Zayed Majlis
