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Aldar generates more than $953mln in sales at Fahid Island during launch week
Aldar generates more than $953mln in sales at Fahid Island during launch week

Zawya

time8 hours ago

  • Business
  • Zawya

Aldar generates more than $953mln in sales at Fahid Island during launch week

Aldar today announced it has generated over AED3.5 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 AED3.5 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.

Aldar generates more than AED3.4bln in sales at Fahid Island during launch week
Aldar generates more than AED3.4bln in sales at Fahid Island during launch week

Zawya

time16 hours ago

  • 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.

Aldar Generates More Than Aed 3.5 Billion in Sales at Fahid Island During Launch Week
Aldar Generates More Than Aed 3.5 Billion in Sales at Fahid Island During Launch Week

Al Bawaba

time16 hours ago

  • Business
  • Al Bawaba

Aldar Generates More Than Aed 3.5 Billion in Sales at Fahid Island During Launch Week

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 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 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.

How top UK schools are helping shape educational landscape of the UAE
How top UK schools are helping shape educational landscape of the UAE

The National

time09-06-2025

  • Business
  • The National

How top UK schools are helping shape educational landscape of the UAE

Flagship British schools are primed to be at the forefront of a new era of education in the UAE, as the nation seeks to bring cutting-edge technology and the latest teaching methods to the classroom. King's College School Wimbledon will be the latest high-profile arrival from the UK when it swings open its doors at Abu Dhabi's Fahid Island in 2028. It was announced by developers Aldar on Monday morning that the prestigious school would open on the just-announced island in Abu Dhabi, making it the first school to be confirmed there. The school, which will hold up to 2,200 pupils. It will be part of an illustrious list of British curriculum schools helping to redefine an expanding education landscape as the Emirates aims to serve a rapidly- growing population, including an influx of super-rich residents drawn from across the world demanding the best schooling for their children. The number of millionaires living in Dubai has doubled in the past decade, making it one of the world's fastest growing wealth hubs, the World's Wealthiest Cities Report 2025 found. From Harrow to helipads The renowned Harrow School is to launch campuses in both Abu Dhabi and Dubai under a partnership with UAE education provider Taaleem. Harrow International School Abu Dhabi is set be to the capital's first boarding school. It was announced in February that the Abu Dhabi branch will open from the middle of next year, with enrolment beginning in October. A second UAE campus will be 'fully operational' in Dubai in 2026. Applications for places will be accepted from September, with the school initially catering for pupils from Early Years to Year 6 as the expansion is gradually phased in. 'Harrow has a long-established reputation for excellence, and through our collaboration with Harrow International Schools Limited, we are proud to bring the same values-driven education to Dubai that has shaped generations of leaders,' said Khalid Al Tayer, chairman of Taaleem, at the time. Harrow's alumni include royalty, world leaders such as Winston Churchill and Jawaharlal Nehru, as well as prominent figures from the arts and sport. The number of pupils who were enrolled in Dubai's private schools increased by 6 per cent this year, according to data from the Knowledge and Human Development Authority (KHDA). Gems School of Research and Innovation, which is opening in Dubai in August, will teach the British curriculum. Former UK foreign secretary William Hague is to serve as its honorary patron. It has been built with an investment of $100 million (Dh367 million) and will feature an elevated football field that doubles as a helipad, a 600-seat auditorium, an Olympic-size swimming pool and an NBA-spec basketball court. The campus also has disruption labs to develop entrepreneurial skills, specialist primary spaces for technology, design, sports and the arts, tech hubs and an immersive research centre. Fees range from Dh116,000 ($31,500) for pupils in foundation stage one to Dh206,000 in year 12, and enrolment is open. Top of the class Out of 227 private schools in Dubai, 90 operate under a British curriculum, according to the KHDA's 2024-25 report on private schools. The next closest is the Indian curriculum operated by 34 schools. The report also revealed that British schools are the second most popular choice for Emiratis, with only US schools ranking higher. While British schools are popular in the UAE, they often don't come cheap. The two Harrow-branded schools set to open in the UAE next year will have fees of Dh80,000 to Dh100,000 ($21,780 to $27,230) for pupils in Early Years to Year 6, The National reported earlier this year. 'You're looking at state-of-the-art facilities and an incredible performing arts auditorium and dance studios,' Alan Williamson, chief executive of Taaleem, the education provider behind the project, told The National at the time. 'You're looking at robotics facilities and also a beautiful learning environment.' Other British schools also charge premium rates. A place, for example, at Nord Anglia International School (Dubai), which was founded in 2014, costs between Dh68,026 and Dh102,871, while Brighton College Abu Dhabi, which opened in 2011, charges between Dh50,830 and Dh80,780. There are currently 387,441 pupils enrolled at 227 private schools for the academic year 2024-25. Official statistics show that more than 365,000 pupils were enrolled in Dubai's classrooms in 2023, up from 326,000 in November 2022. Ten schools opened in the emirate for the current academic year. In line with Dubai's Education Strategy 2033, the KHDA aims to establish more than 100 private schools by 2033. Highly regarded The highest ranked British school in Dubai, according to a 2025 league table released by is The Sheffield Private School, which opened in 2004. It provides education for close to 1,200 pupils and the average fee is Dh30,500. The website ran a survey in which 74 per cent said their child felt a strong sense of belonging to the school, above the 53 per cent average in all UAE schools. This was closely followed by Victory Heights Primary School, which opened in 2013, where the average fee is Dh47,500. In Abu Dhabi, the highest-ranked school in 2025 was British School Al Khubairat, Abu Dhabi, founded in 1968, which came first in a table released by 'The British School Al Khubairat offers children a beyond-outstanding education with inspirational and caring leadership and faculty driven by ambitions for every child at the school bar none,' read the review from the website for the school, which charges an average fee of Dh61,500.

Aldar announces region's first King's College School Wimbledon at Fahid Island Abu Dhabi
Aldar announces region's first King's College School Wimbledon at Fahid Island Abu Dhabi

Zawya

time09-06-2025

  • Business
  • Zawya

Aldar announces region's first King's College School Wimbledon at Fahid Island Abu Dhabi

Set to open in September 2028, the school will accommodate up to 2,220 students, supporting Abu Dhabi's vision to become a regional hub for educational excellence Inspired by King's globally-recognised standards, the campus integrates advanced educational facilities, exceptional sports amenities, and holistic wellness spaces Abu Dhabi, UAE: Aldar today announced an exclusive partnership between Aldar Education and internationally renowned King's College School Wimbledon to establish its first regional campus on Abu Dhabi's Fahid Island. Scheduled to open in September 2028 – following ADEK and regulatory approvals – the new K-12 super-premium school will significantly enhance Abu Dhabi's already world-class educational offering, providing students with an established pathway to the highest ranked universities globally. Strategically located within Fahid Island's master-planned community, the new King's College School Wimbledon Abu Dhabi campus will span an expansive 50,000 sqm, accommodating up to 2,220 students. Designed to seamlessly blend cutting-edge educational resources, extensive sports facilities, and a focus on student wellbeing, the campus complements Fahid Island's broader vision to foster balanced lifestyles within a vibrant natural setting. Recognised as one of the UK's most prestigious independent institutions, King's College School Wimbledon is renowned for its rich heritage and exceptional academic standards. The school's holistic approach to education ensures that students receive comprehensive academic preparation and character development, making them sought-after candidates for leading global universities and offering them the best possible preparation for their lives in the world beyond school. Talal Al Dhiyebi, Group Chief Executive Officer at Aldar, said: 'We are proud to announce the first King's College School Wimbledon to Abu Dhabi, a milestone that reflects Aldar's fast-growing education portfolio and commitment to educational excellence. With King's longstanding legacy of academic distinction and its proven track record of preparing students for the world's top universities, this new school at the heart of Fahid Island will further strengthen Abu Dhabi's position as a premier destination for world-class education and a global centre for talent development.' Sahar Cooper, Chief Executive Officer at Aldar Education, added: 'King's College School Wimbledon is globally recognised for its ability to nurture well-rounded individuals equipped with the confidence, compassion and critical thinking skills to thrive. The school's holistic approach to education, anchored in strong values, rich co-curricular programmes, and personalised pastoral care, will add a new dimension to Aldar Education's offering and further support Abu Dhabi's vision to become a regional hub for excellence in education.' Karl Gross, Director of International Schools, King's College School, Wimbledon said: ' We are delighted to partner with Aldar Education to open a world-leading school in Abu Dhabi. Bringing an authentic King's College School Wimbledon education to the region marks an exciting milestone in our ambition to build a global family of world-class international schools, where we offer our pupils an outstanding education in Mind, Spirit and Heart. Building on the success of our school in Wimbledon and our existing overseas campuses, this new partnership offers a unique and inspiring opportunity for students in Abu Dhabi to experience the transformational impact of a King's education, preparing them to thrive in the world beyond school. ' The establishment of King's College School on Fahid Island marks the initial phase of Aldar's comprehensive educational strategy for the island, designed to address growing demand for premium educational offerings. Future phases will introduce additional educational institutions as part of its masterplan. Additionally, Aldar Education's robust network, with schools on Yas Island, Khalifa City, and Saadiyat Island, will expand capacity by offering over 4,000 new student places by the 2028-2029 academic year, ensuring diverse, accessible, and high-quality education opportunities throughout Abu Dhabi. 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.

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