Latest news with #coastalwellness
Zawya
20-06-2025
- Business
- Zawya
Aldar generates more than AED3.4bln in sales at Fahid Island during launch week
Due to the overwhelming demand, homes at both Fahid Beach Residences and The Beach House were released for sale during launch week Expatriate residents and overseas buyers account for 67% of total sales, with buyers from the UAE, Russia, UK, and China making up the top nationalities by sales volume First-time Aldar customers comprise 67% of buyers at Fahid Island Key demand drivers include Fahid Island's position as Abu Dhabi's first coastal wellness destination, its waterfront lifestyle, and proximity to super-premium education at Kings College School Wimbledon Abu Dhabi, UAE: Following exceptional interest in Fahid Island - Abu Dhabi's first coastal wellness destination and the world's first Fitwel certified island - Aldar today announced it has generated over AED 3.5 billion in sales at Fahid Beach Residences and The Beach House, the island's first residential developments released during launch week. The Fahid Island homes attracted a diverse pool of buyers, drawn by the island's position as Abu Dhabi's first coastal wellness destination, the waterfront lifestyle, and proximity to super-premium education at Kings College School Wimbledon which sits within the wider wellness inspired masterplan. Expatriate residents and overseas buyers account for 67% of total sales, with buyers from the UAE, Russia, the UK, and China making up the top nationalities by sales volume. This strong local and international interest underscores Fahid Island's emerging global profile as a premier lifestyle destination where wellness meets culture, nature, and community. 42% of buyers are under the age of 45, signalling growing demand for luxury wellness-focused living among younger demographics. Notably, 67% of buyers are first-time Aldar customers, demonstrating Aldar's expansive reach and the appeal of the Group's thoughtfully curated destinations. Jonathan Emery, Chief Executive Officer at Aldar Development said: 'The highly anticipated launch of Fahid Island has resulted in the first homes released generating more than AED 3.5 billion - and serves as a powerful validation of our vision to place wellness at the heart of community living. The success reflects Abu Dhabi's position as one of the world's most desirable investment and lifestyle destinations and we are expecting continued interest in Fahid Island as Abu Dhabi's first wellness island builds its profile on the global stage.' In response to the overwhelming demand for Fahid Beach Residences, Aldar accelerated the launch of Fahid Island's second residential offering, The Beach House during launch week and sales progress continues at pace. Comprised of 11 elegantly designed towers offering a collection of studios to 3-bedroom + maid apartments, the new development draws on its coastal surroundings and is thoughtfully crafted to evoke a sense of calm, lightness, and relaxed sophistication. Residents benefit from exquisite interiors and breathtaking views of the sea and Abu Dhabi skyline, as well as a state-of-the-art amenities and facilities, direct shoreline access, and seamless connectivity to Coral Drive, the island's boutique retail boulevard. With further residential launches planned, Aldar will continue to deliver on its vision to transform Fahid Island into a vibrant, wellness-focused destination that redefines coastal living in the region. About Aldar Aldar is the leading real estate developer, manager, and investor in Abu Dhabi, with a growing presence across the United Arab Emirates, the Middle East North Africa, and Europe. The company has two core business segments, Aldar Development and Aldar Investment. Aldar Development is a master developer of a 62 million sqm strategic landbank, creating integrated and thriving communities across Abu Dhabi, Dubai, and Ras Al Khaimah's most desirable destinations. The delivery of Aldar's developments is managed by Aldar Projects, which is also a key partner of the Abu Dhabi government in delivering housing and infrastructure projects across the UAE's capital. Internationally, Aldar Development wholly owns UK real estate developer London Square, as well as a majority stake in leading Egyptian real estate development company, SODIC. Aldar Investment houses a core asset management business comprising a portfolio of more than AED 46 billion worth of investment grade and income-generating real estate assets diversified across retail, residential, commercial, logistics, and hospitality segments. It manages four core platforms: Aldar Investment Properties, Aldar Hospitality, Aldar Education, and Aldar Estates.
Khaleej Times
02-06-2025
- Lifestyle
- Khaleej Times
Abu Dhabi's Fahid Island units sale to begin after Eid; community details revealed
Abu Dhabi's first coastal wellness project Fahid Island, launched by Aldar Developments, is set to deliver beachfront living with shaded promenades, wellness zones, and a school following the British curriculum, with main infrastructure due for completion by 2029. Located between Yas and Saadiyat islands, the project spans over 3.4 million square metres and includes 11 kilometres of coastline. Sales for the first phase are set to begin shortly after Eid. Prices have not been disclosed yet, but Aldar CEO Jonathen Emery confirmed that the offering will cater to a wide demographic. 'This isn't just any real estate development,' said Emery, at a media briefing and site tour. 'This is where you actually want to live your life, where you want to socialise, relax, raise your family. Every detail has been designed to elevate life for both residents and visitors.' The first phase of the development is the Fahid Beach Residences — a collection of seven mid-rise buildings offering 464 units, including one- to five-bedroom apartments, ground-floor townhouses, and penthouses with panoramic sea views. The buildings feature 'cantilevered, delicate white balconies' designed to mimic the softness of ocean waves, according to the project's architects. A self-sustained coastal community Fahid Island is envisioned as a car-optional, wellness-oriented community. Its layout prioritises pedestrians, with 15km of shaded walkways, dedicated cycling routes, and pedestrian bridges connecting the northern and southern districts of the island. No home will be more than 250 metres from a green space or a five-minute walk to the beach. 'We want people to be walking from A to B, not jumping in their cars,' Emery explained, adding that the use of natural shading, low-heat-absorbing materials, and water features will help extend the comfort of outdoor living even in the hotter months. The island's two main districts, Fahid Beach District in the north and the Mangrove Shoreline District in the south, are separated by the E12 highway but connected by the Berm Park. This linear landscaped hill, which doubles as a noise and visual buffer, will house a 10km running track, cycling paths, yoga zones and shaded rest areas. It is intended to be open to the public and will host wellness clubs and fitness activations. Cultural and community infrastructure Anchoring the beachfront is a five-star resort and a marina, alongside the Coral Drive boulevard, which will offer a curated mix of boutique retail, art galleries, cafés and a ballet school. 'It's five-star quality in terms of the selection, not necessarily the price point,' Emery said of the island's retail and dining options, which are expected to range from boutique to accessible wellness-focused offerings. 'This is not your typical retail; we are going for a more creative and community-focused mix at different price points,' he added. An international school following the British curriculum is also planned for the island, with further details expected to be announced soon. 'I've never been so excited about a school,' commented one of the project managers while pointing to the school's planned location during the onsite tour. 'It's going to be one of the defining features of the community.' In addition, the Palmary, a waterfront wellness and racket sports club, will offer residents exclusive access to state-of-the-art fitness facilities and courts, reinforcing the project's focus on healthy living. Lifestyle by the water Fahid Island's layout takes full advantage of its diverse waterfronts. The northern coast will feature white sandy beaches ideal for swimming and leisure, while the southern side embraces its natural mangrove ecosystem. A dedicated water sports hub will offer activities such as paddleboarding, kitesurfing, including a planned kitesurfing school, and even illuminated night swimming. All main infrastructure, including the school, beach resort, and Coral Drive retail areas is expected to be operational by Q1 2029. Environment and tourism potentials Fahid Island is the first globally certified Fitwel community and has received pre-certification for LEED Platinum for cities and communities. Thirty per cent of the land is dedicated to open, natural spaces, and sustainability has been considered at every stage, from building orientation and materials to marine conservation efforts. The project's proximity to major Abu Dhabi landmarks, including Yas Island, Saadiyat, Abu Dhabi International Airport and ADGM, adds to its appeal. Its location, coupled with planned resort offerings, is expected to boost tourism in the capital. 'We see Fahid Island as more than just residential,' Emery concluded, 'it will be a living, breathing destination for residents and visitors alike.'
Khaleej Times
02-06-2025
- Business
- Khaleej Times
Abu Dhabi to have first wellness island, launches Dh40-billion project
Abu Dhabi's real estate landscape is set to expand with the launch of Fahid Island — a new Dh40 billion masterplanned destination by Aldar that promises to redefine coastal living with a focus on wellness, sustainability and community. The 2.7 million square metre island, unveiled on Monday, will feature more than 6,000 high-end homes, a 10km fitness corridor, 4.6km of beaches, and a dedicated waterfront promenade. It is being billed as Abu Dhabi's first coastal wellness island and has already received Fitwel certification, making it the first island in the world to meet the global healthy building standard. Located between Yas and Saadiyat islands, Fahid Island is designed to offer seamless access to Abu Dhabi's leisure, cultural and aviation hubs, including Zayed International Airport, all reachable in under 15 minutes. Aldar said the development includes residential offerings by renowned architects such as Japan's Kengo Kuma and Koichi Takada, along with London-based ACME and UAE-based NAGA Architects. The first homes to be released, the Fahid Beach Residences, will comprise seven mid-rise buildings, each with 65 apartments. Plans also include townhouses and ultra-luxury villas. "Fahid Island is the latest chapter in our journey to create world-class communities that reflect the values and ambitions of the UAE,' said Mohamed Al Mubarak, Chairman of Aldar. 'It builds on the success of Saadiyat and Yas Islands to offer a new benchmark in premium waterfront living, wellness, and sustainable design. With more than 30 per cent of the masterplan dedicated to natural spaces — including mangrove forests, gardens, and shaded trails, the island aims to integrate nature into daily life. The 10km Berm Park will serve as a landscaped wellness corridor with three cycling routes connected to Abu Dhabi's larger cycle loop. Aldar has also partnered with a leading international education provider to establish a school on the island, in line with the emirate's ambitions to position itself as a regional hub for educational excellence." The development's social heart will be a 2km promenade featuring retail, dining, art installations, and public spaces, while the Coral Drive retail boulevard will include boutique stores, cafes, a ballet school, and concept outlets. Aldar Group CEO Talal Al Dhiyebi said the launch comes at a time of "incredible demand from both local buyers and overseas investors,' adding that Fahid Island is one of the largest mixed-use residential masterplans to be launched in Abu Dhabi. Alongside Fitwel certification, the island has also received LEED City and Communities Platinum precertification and is targeting Estidama 3-Pearl accreditation, reinforcing its sustainability credentials.
