ALDAR
Abu Dhabi – Mubasher: Aldar Properties announced a master plan for Abu Dhabi’s next island destination, Fahid Island, which has a gross development value exceeding AED 40 billion.
With an 11-kilometre (km) coastline, Fahid Island is surrounded by turquoise water and lush mangrove forests in an attractive location between Saadiyat Island and Yas Island, according to a press release.
Aldar partnered with a leading international institution to secure an elevated education experience on Fahid Island in line with Abu Dhabi’s vision to become a regional hub for excellence in education.
The school is set to be an integral part of the community, providing a key differentiator for family life on the island.
Mohamed Al Mubarak, Chairman of Aldar, said: “Abu Dhabi is a thriving, global destination where heritage and innovation combine to create a world-class environment to live, work, and explore. Fahid Island is the latest chapter in that journey—building on the success of Saadiyat and Yas Islands to offer a new benchmark in premium waterfront living, wellness, and sustainable design."
Talal Al Dhiyebi, Group CEO of Aldar, commented: “With a gross development value of over AED 40 billion, Fahid Island is one of the largest mixed use residential masterplans launched in Abu Dhabi and will ensure the emirate consolidates its position as one of the world’s most desirable destinations to reside, invest, and visit.”
Aldar recently became the first developer in the MENA region to implement hydrogen-based steel rebar in a development project, supplied by EMSTEEL Building Materials.