Island Residential Sales Launch Announced

Aldar has unveiled Fahid Beach Terraces, a new residential project within its Dh40 billion Fahid Island development in Dubai. This follows the successful launch of the first two phases, which generated over Dh3 billion in sales, making them the most successful property launches in Abu Dhabi this year. Fahid Beach Terraces comprises six buildings offering 501 residential units, with prices yet to be announced. Sales begin on August 27th, with initial units from the first launch, Fahid Beach Residences, starting at Dh3.5 million.

Fahid Beach Terraces is designed as a beachfront community, featuring a dedicated clubhouse and wellness amenities, aiming to provide a retreat-like living experience. Fahid Island itself is being promoted as a wellness destination. The launch is expected to further boost Aldar's off-plan sales, following a record-setting first half of 2025.

Property market analysts anticipate strong demand for Fahid Beach Terraces, similar to the initial launches. A property agent noted the immediate positive response to the first phase, particularly from first-time buyers in Abu Dhabi, a trend Aldar has observed throughout the first half of the year.