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.

The specs

Price, base: Dh228,000 / Dh232,000 (est)
Engine: 5.7-litre Hemi V8
Transmission: Eight-speed automatic
Power: 395hp @ 5,600rpm
Torque: 552Nm
Fuel economy, combined: 12.5L / 100km

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

Our Time Has Come
Alyssa Ayres, Oxford University Press

Updated: June 12, 2025, 11:56 AM