Fahid Beach Terrace Phase 3 Lottery Application Now Open for Investors

Fahid Beach Terrace Phase 3 Lottery Application Opens

The highly anticipated lottery application for Phase 3 of the Fahid Beach Terrace project has officially begun, starting on August 27, 2025. Following the overwhelming success of the first phase, which saw all units sold out within moments of the lottery, investor interest is expected to remain exceptionally high. In the first phase, there were only 3 lucky winners from 60 applications by Japanese investors, setting a competitive precedent for this upcoming phase.

Project Overview

Project Name: Fahid Beach Terrace (Phase 3)
Lottery Start Date: August 27, 2025
Best Beachfront Location - Like its predecessor, Phase 3 is strategically located beachfront.
Pricing: Starts from ¥140 million (for a 90 m² one-bedroom unit)
* Expected Handover: 2029

Unit Composition:

- One-bedroom (90 m²): 153 units
- Two-bedrooms (155-200 m²): 180 units
- Three-bedrooms (245-247 m²): 108 units
- Four-bedrooms (303 m²): 54 units

Payment Plan:

- 65%/35% Payment Structure
- Down Payment: 10%
- During Construction: 55%
- At Handover: 35%

Access and Location

Fahid Beach Terrace is situated on Fahid Island, an attractive location with easy access to various destinations including Dubai, Saadiyat Island, and Yas Island, making it ideal for both residential and investment purposes. This property is not only suitable for long-term rentals but is also appealing for short-term leasing opportunities.

- Yas Island: 5 minutes
- Saadiyat Island: 15 minutes
- Zayed National Museum: 15 minutes
- Abu Dhabi City: 20 minutes
- Dubai City: 50 minutes

Additional Attractions

In May 2025, the announcement of the seventh Disney theme park globally caught significant attention. In addition, other notable tourist attractions such as the Harry Potter World, Guggenheim Museum, and Zayed National Museum are set to open soon. These developments, along with the Etihad Railway connecting Dubai and Abu Dhabi airports, are indicative of ongoing infrastructure enhancements in the region.

Three Reasons Why Abu Dhabi Real Estate is Steadily Rising:

1. Continued Urban Development Investment via Oil Revenue: With the world’s sixth-largest oil reserves, there is significant reinvestment back into cultural, tourism, and commercial facilities.
2. Stability Provided by ADIA: The presence of the Abu Dhabi Investment Authority supports the market's stability. They oversee approximately 80% of real estate supply and ensure price stability and quality control through government-backed developers.
3. Population Growth and High Income Levels: Abu Dhabi attracts wealthy individuals globally due to its exceptional living conditions and tax advantages, resulting in increased residential demand.