Island Development Sees Strong Sales in Launch Week

Fahid Island, Abu Dhabi's new coastal wellness destination, has generated over Dh3.5 billion in sales for developer Aldar during its launch week. The sales include units at Fahid Beach Residences, starting at over Dh3 million, and The Beach House. The island is set to be the world's first Fitwel-certified destination and will feature the super-premium Kings College School Wimbledon.

The strong sales reflect significant interest from both local and international buyers. Expatriates and overseas buyers account for 67% of total sales, with the UAE, Russia, the UK, and China representing the top nationalities. Furthermore, 42% of buyers during the launch week are under 45 years old, indicating a growing demand for luxury wellness-focused living among younger demographics.

This success highlights Abu Dhabi's appeal as a premier investment and lifestyle destination. The launch of Fahid Island, alongside the emirate's first Bulgari-branded project, underscores the thriving real estate sector. Moreover, 67% of buyers are first-time Aldar customers, demonstrating the developer's ability to attract new clientele.