Launch of Aldar’s Fahid Island, Abu Dhabi. Antonie Robertson/The National
Launch of Aldar’s Fahid Island, Abu Dhabi. Antonie Robertson/The National
Launch of Aldar’s Fahid Island, Abu Dhabi. Antonie Robertson/The National
Launch of Aldar’s Fahid Island, Abu Dhabi. Antonie Robertson/The National


Abu Dhabi's Fahid Island plans give us another peek at the city's extraordinary future


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June 06, 2025

Developer Aldar Properties this week announced its plans for Fahid Island, the sliver of land that sits between Abu Dhabi’s Yas and Jubail islands and connects via the road-and-bridge network with Saadiyat.

By doing so, we now have a more complete picture of the plan for this quartet of isles that cluster from the mainland near Zayed International Airport to the top of Abu Dhabi city and the Mina Zayed district – and a better sense of the city’s present and its prospective future.

The developer said at the launch of its Fahid master plan that it will deliver a range of luxury apartments, townhouses and villas to the island, as well as a range of other amenities. Aldar described the project as being designed to draw people from around the city to use its leisure facilities and it was expecting international interest in the scheme.

Next door, development of Jubail Island carries on at pace as regular users of the Saadiyat highway will testify. JIIC, the investment company at the heart of the island’s development, has previously said the project will combine six residential village estates. Jubail will also be home to a branch of Gordonstoun school, via a licensing agreement that will use the storied Scottish institution’s expertise and curriculum.

The plan also allows for the majority of the island to remain as a salt marsh and mangrove sanctuary. The natural beauty of Jubail’s Mangrove Walking Park is already a fixture of the city’s ever-expanding visitor experience.

With each passing year, both Saadiyat and Yas, which bookend Jubail and Fahid, become more impressive environments.

On Saadiyat, the multi-sensory experience that is TeamLab Phenomena opened in the cultural district earlier this spring. Guggenheim Abu Dhabi and Zayed National Museum are rapidly moving from architectural dream to built reality. So too the Natural History Museum, which promises to be a time capsule that takes visitors back to millions of years ago. Louvre Abu Dhabi has been a much-loved fixture of Saadiyat since it opened in late 2017. Banks of housing stock are fast emerging from the ground, which also hosts prominent education establishments, restaurants, hotels and a long ribbon of luxury housing at its far boundary, known as Hidd.

With each passing year, both Saadiyat and Yas, which bookend Jubail and Fahid, become more impressive environments

Yas, the buffer before the mainland, rightly stakes its claim as a world-class entertainment destination with its concert arena, F1 track, multiple theme parks - Warner Bros, Yas Waterworld, Ferrari World and Seaworld - as well as hotels, offices, several hues of residential stock and a full suite of leisure pursuits. The latest announcement, delivered last month, is arguably the biggest headliner of them all: the arrival of Disneyland within a decade.

Experts say the Disney effect is already in motion, with the announcement instantly creating more interest in the residential property market in the city. That may provide mixed news for those seeking to move to the island, with prices likely to increase, but the overall impact of Disney’s arrival is largely positive. Certainly, its presence will also accelerate growth in some sectors of the job market, too.

If the Disney effect is at work at one end of that chain of islands, the Bilbao or Guggenheim effect has also been long talked about at the other end, in the context of the cultural district.

The introduction of the Guggenheim to the Spanish port city, now almost 30 years ago, helped kickstart economic development and urban regeneration. Its impact will be felt differently in Abu Dhabi, however, sitting as it will do within Saadiyat’s constellation of cultural stars, but there is also little doubt the Guggenheim will have an effect in Abu Dhabi, too.

It is easy to forget now that Saadiyat and Yas were only connected to the city in 2009, with the opening of the Sheikh Khalifa Bridge and associated motorway that linked these islands with the mainland and the city and the complete offering we see now. The opening of that infrastructure was the moment that the exquisitely detailed scale models of what the future might look like began their journey towards the present.

Around the same late aughts period, famed architect and urbanist Rem Koolhaas remarked “the Gulf is not just reconfiguring itself, it’s reconfiguring the world”, in reference not just to the plans that were emerging across in the region. Perhaps people also took it to mean that the spectacular was possible in a way that had once been impossible, such as the world’s tallest building opening in Dubai in 2009.

It also used to be traditional to frame pieces about Abu Dhabi internationally with the idea of something extraordinary happening in the desert environment. With hindsight, those portrayals only told a fragment of the whole story, being overly focused on the possibility of structures emerging from barren ground rather than what was supporting that development in the first place.

What they missed were the intangible assets of the city and the country, such as the safety of society – UAE cities are consistently ranked the safest in the world – and the certainty and confidence that means those visions were always destined to become reality. As much as the renderings and sketches are there to entice – in Fahid today, just as they were for yesteryear Saadiyat – it is that certainty about today that makes the possibility of tomorrow so exciting.

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

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The 37-year-old was born in Al Garmah in Anbar and studied civil engineering in Baghdad before going into business. His development company Al Hadeed undertook reconstruction contracts rebuilding parts of Fallujah’s infrastructure.

He entered parliament in 2014 and served as a member of the human rights and finance committees until 2017. In August last year he was appointed governor of Anbar, a role in which he has struggled to secure funding to provide services in the war-damaged province and to secure the withdrawal of Shia militias. He relinquished the post when he was sworn in as a member of parliament on September 3.

He is a member of the Al Hal Sunni-based political party and the Sunni-led Coalition of Iraqi Forces, which is Iraq’s largest Sunni alliance with 37 seats from the May 12 election.

He maintains good relations with former Prime Minister Nouri Al Maliki’s State of Law Coaliton, Hadi Al Amiri’s Badr Organisation and Iranian officials.

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Updated: June 12, 2025, 11:56 AM