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Modon Properties - Abu Dhabi — Dubai Developer

Dubai Developer

Modon Properties - Abu Dhabi

Modon Properties is Abu Dhabi's second-largest master developer and one of the UAE's fastest-rising real estate powerhouses — a wholly…

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Modon Properties - Abu Dhabi Overview

Modon Properties is Abu Dhabi's second-largest master developer and one of the UAE's fastest-rising real estate powerhouses — a wholly government-backed company operating under Modon Holding PSC, listed on the Abu Dhabi Securities Exchange (ADX). Founded in 2018 and 84.76% owned by L'imad Holding — a company wholly owned by the Abu Dhabi Government — Modon is the master developer behind two of Abu Dhabi's most transformational destinations: Hudayriyat Island and Al Reem Island. In 2025 alone, Modon achieved AED 36.3 billion in total real estate sales, captured 16.8% of Abu Dhabi's entire residential transaction market, and entered 2026 with an AED 46 billion revenue backlog — cementing its position as one of the most financially credible and delivery-capable developers in the entire region. Beyond the UAE, Modon has expanded internationally into Egypt's Ras El Hekma coastal city and Marbella, Spain — establishing itself as a genuinely global real estate platform anchored by Abu Dhabi's sovereign strength.

USEFUL INFORMATION

Things You Should Know

Field

Details

Full Name

Modon Properties (Modon Holding PSC)

Founded

2018

Headquarters

Al Maryah Tower, Al Maryah Island, Abu Dhabi

Ownership

84.76% Abu Dhabi Government (via L'imad Holding)

Stock Listing

Abu Dhabi Securities Exchange (ADX)

Chairman

H.E. Jassem Mohamed Bu Ataba Al Zaabi

Group CEO

Bill O'Regan (appointed January 2024)

2025 Revenue

AED 13.8 billion

2025 Net Profit

AED 3.9 billion

2025 Total Sales

AED 36.3 billion

Abu Dhabi Market Share

16.8% of all residential transactions (2025)

Revenue Backlog (2026)

AED 46 billion

Flagship Destinations

Hudayriyat Island & Al Reem Island

International Markets

UAE / Egypt / Spain

Hudayriyat Q1 2026 Transactions

AED 11.97 billion

Modon Properties develops across the full residential spectrum — from waterfront apartments to ultra-luxury island mansions:

  • Apartments — 1, 2, and 3-bedroom units in mid-to-high-rise buildings; primarily on Al Reem Island (Muheira, Tara Park)

  • Penthouses — premium top-floor residences within apartment towers; available at Bashayer Residences, Hudayriyat Island

  • Townhouses — 3 and 4-bedroom gated community townhouses; Maysan (Mayar & Thoraya) on Al Reem Island

  • Villas — 4 to 6-bedroom standalone villas within master-planned island communities; Al Naseem Villas, Nawayef District

  • Mansions — ultra-luxury 6–8 bedroom beachfront and golf-front mansions; Hudayriyat Golf Estates, Nawayef Mansions

  • Residential Plots — serviced land for custom-build buyers; Wadeem, Hudayriyat Island

  • Townhomes — hybrid villa-townhouse product; Hudayriyat Golf Estates

Modon operates exclusively as a master community developer — it does not build standalone towers or individual projects. Every Modon development is part of a larger island or community masterplan:

  • Island Master Communities — entire island destinations with full lifestyle, leisure, sports, and residential infrastructure (Hudayriyat Island)

  • Urban Waterfront Districts — high-density freehold residential districts within established Abu Dhabi locations (Al Reem Island)

  • Golf & Lifestyle Estates — low-density luxury villa and mansion communities anchored by championship golf or premium sports infrastructure (Hudayriyat Golf Estates)

  • Beachfront Residential Communities — direct beach access villa and apartment communities with private beach clubs (Al Naseem, Bashayer Residences)

  • Sports Destination Communities — residential communities anchored by world-record leisure infrastructure (Surf Abu Dhabi, Olympia Resort)

  • Branded Residences — internationally branded hospitality-linked residential products (Montage Ras El Hekma, Nammos Ras El Hekma — Egypt)

  • Residential Plot Communities — serviced land for custom-build buyers within master-planned island destinations (Wadeem)

Project

Location

Type

Bedrooms

Price From (AED)

Handover

Hudayriyat Golf Estates

Hudayriyat Island

Mansions, Villas, Townhomes

3–8 BR

AED 5,000,000

Q3 2030

Bashayer Residences

Hudayriyat Island

Apartments, Penthouses, Townhouses

1–4 BR

AED 2,000,000

Q4 2029 – Q2 2030

Nawayef District

Hudayriyat Island

Villas & Mansions

4–8 BR

AED 5,000,000

Q4 2026 – Q1 2029

Al Naseem Villas

Hudayriyat Island

Villas

4–6 BR

AED 8,000,000

Q4 2026 – Q4 2027

Wadeem

Hudayriyat Island

Residential Plots

Custom

On Request

2027+

Muheira

Al Reem Island

Waterfront Apartments

1–3 BR

AED 1,200,000

Q1 2029

Maysan (Mayar & Thoraya)

Al Reem Island

Townhouses

3–4 BR

AED 2,500,000

Late 2027

Tara Park (Phase 1 & 2)

Al Reem Island

Apartments

1–3 BR

AED 1,500,000

Q4 2029 – Q2 2030

Modon Properties operates on a destination-first design philosophy — where every residence is conceived as part of a larger, permanently activated lifestyle ecosystem rather than a standalone building. This philosophy is reflected across every project:

Destination-Scale Masterplanning Every Modon community is anchored by a world-class lifestyle attractor — whether Surf Abu Dhabi (the world's largest artificial wave pool), an 18-hole championship golf course, or a 50km+ beachfront coastline. Residents don't just buy a home — they buy into an irreplaceable destination.

Integration of Nature & Waterfront Modon consistently prioritizes direct water and nature access — beachfront promenades, waterfront courtyards, mangrove boardwalks, and natural landscape buffers are built into every masterplan. Hudayriyat Island alone features over 50 km of Arabian Gulf coastline integrated into its residential fabric.

Sustainability & Environmental Credibility Modon's projects consistently target Estidama Pearl ratings and incorporate passive cooling design, native landscaping, solar-ready infrastructure, and low-impact construction practices aligned with Abu Dhabi's Urban Planning Council standards.

Sports & Wellness Architecture Modon is the only UAE master developer to consistently anchor its communities around world-record sports infrastructure — from Surf Abu Dhabi to Olympia Resort and the Yas Acres Golf & Country Club. This creates a permanent lifestyle and rental premium embedded in every unit's value.

Quality of Finish — Abu Dhabi Premium Standard Modon properties are developed to Abu Dhabi's highest residential quality benchmarks — premium stone and porcelain tiling, solid-core doors, branded bathroom fixtures, and full smart home pre-wiring are standard across villa and townhouse products. Apartment buildings feature hotel-grade lobbies and double-height entrance experiences.

Low-Density Community Design Unlike Dubai's high-density tower-led development model, Modon consistently delivers lower-density communities — maximizing green space per unit, privacy between neighbors, and long-term liveability. This positions Modon communities as genuinely premium lifestyle addresses rather than investment inventory.

Hudayriyat Island

Project

Type

Status

Surf Abu Dhabi

World's Largest Artificial Wave Pool

Delivered 2024

Olympia Resort

Leisure & Hospitality Destination

Delivered 2026

Nawayef Mansions

Ultra-Luxury Beachfront Mansions

Delivering Q4 2026

Nawayef Heights

Luxury Villas

Delivering Q4 2026 – 2027

Al Naseem Villas

4–6 BR Beachfront Villas

Delivering Q4 2026 – Q4 2027

Nawayef District Phase 2+

Villas & Mansions

Active Off-Plan 2026

Bashayer Residences

Apartments, Penthouses, Townhouses

Active Off-Plan — Q4 2029

Hudayriyat Golf Estates

Mansions, Villas, Townhomes

Active Off-Plan — Q3 2030

Wadeem

Residential Plots

Active Off-Plan — 2027+

Al Reem Island

Project

Type

Status

Reem Hills Phase 1

Gated Villas & Townhouses

Delivering Q4 2026

Muheira

Waterfront Apartments

Active Off-Plan — Q1 2029

Maysan (Mayar)

Townhouses

Active Off-Plan — Late 2027

Maysan (Thoraya)

Townhouses

Active Off-Plan — Late 2027

Tara Park Phase 1

Apartments

Active Off-Plan — Q4 2029

Tara Park Phase 2

Apartments

Active Off-Plan — Q2 2030

International

Project

Location

Type

Status

Nammos Ras El Hekma

Ras El Hekma, Egypt

Branded Beachfront Residences

Active

Montage Ras El Hekma

Ras El Hekma, Egypt

Branded Luxury Residences

Active

La Zagaleta

Marbella, Spain

Ultra-Luxury European Villas

Active

  • 100% Abu Dhabi Government-backed — L'imad Holding (wholly Abu Dhabi Government-owned) holds 84.76% — the strongest possible sovereign delivery guarantee in UAE real estate

  • ADX-listed with full financial transparency — publicly reported financials, audited accounts, and full regulatory oversight provide unmatched buyer confidence vs. private developers

  • AED 46 billion revenue backlog entering 2026 — exceptional financial visibility and delivery funding certainty across all active projects

  • Master destination developer — Modon builds entire destinations, not towers; buyers benefit from the full lifestyle, infrastructure, and appreciation trajectory of the entire island — not just a single unit

  • AED 36.3 billion in 2025 sales — the scale of investor confidence in Modon is unmatched by any Abu Dhabi developer outside of Aldar

  • Hudayriyat Island first-mover advantage — with AED 11.97 billion in Q1 2026 transactions alone, early buyers are positioned at the beginning of a multi-decade appreciation cycle on Abu Dhabi's most exciting emerging island destination

  • World-record lifestyle infrastructure — Surf Abu Dhabi, Olympia Resort, and the planned Hudayriyat sports hub create a permanent lifestyle premium embedded in every Modon property's value

  • Consistent delivery track record — Reem Hills, Nawayef, Al Naseem, and Surf Abu Dhabi all delivered or delivering on schedule — a critical differentiator in Abu Dhabi's off-plan market

  • Golden Visa eligible — properties from AED 2M+ qualify buyers for UAE 10-year residency

  • International growth story — Modon's expansion into Egypt and Spain signals a global platform with long-term liquidity and brand recognition beyond the UAE

COMMON QUESTIONS

Frequently Asked Questions

Modon Properties is Abu Dhabi's second-largest master developer — a government-backed real estate company operating under Modon Holding PSC, listed on the Abu Dhabi Securities Exchange. Founded in 2018 and 84.76% owned by the Abu Dhabi Government, Modon is the master developer behind Hudayriyat Island and Al Reem Island.
Yes. Modon Holding PSC is 84.76% owned by L'imad Holding — a company wholly owned by the Abu Dhabi Government — making it one of the most sovereign-backed real estate developers in the UAE. It is also publicly listed on the ADX with full financial transparency and regulatory oversight.
Modon has delivered Surf Abu Dhabi (world's largest artificial wave pool, 2024), Olympia Resort (2026), and is actively handing over Reem Hills, Nawayef Mansions, and Al Naseem Villas in Q4 2026. It achieved AED 36.3 billion in sales and AED 3.9 billion net profit in 2025.
Modon develops apartments, penthouses, townhouses, villas, mansions, and residential plots — across both mid-market and ultra-luxury segments. All properties are part of larger master-planned island or community destinations.
Hudayriyat Island is Modon's flagship — a 3,000-hectare man-made island destination featuring over 50 km of Arabian Gulf coastline, Surf Abu Dhabi, Olympia Resort, and a rapidly growing luxury residential portfolio. It was Abu Dhabi's highest-performing real estate destination by transaction volume in Q1 2026.
Entry-level pricing starts from AED 1.2 million for waterfront apartments at Muheira on Al Reem Island. Luxury villas on Hudayriyat Island start from AED 5 million, with Nawayef Mansions reaching AED 20 million+.
Modon typically offers construction-linked payment plans including 10/30/60, 10/40/50, and 50/50 structures depending on the project — with booking deposits ranging from 5% to 10%.
Yes. Properties purchased at AED 2 million and above qualify buyers for the UAE 10-year Golden Visa. Multiple Modon projects including Bashayer Residences, Muheira, Maysan, and Tara Park have units available at or above this threshold.
Yes. Modon has an active international portfolio including Ras El Hekma in Egypt — featuring branded Nammos and Montage components — and La Zagaleta in Marbella, Spain, as part of its expanding European real estate platform.
Modon is a master destination developer — not a tower builder. Every Modon development is part of a larger island or community masterplan, meaning buyers benefit from the full lifestyle, infrastructure, and capital appreciation trajectory of the entire destination — not just a single building. Combined with its Abu Dhabi Government ownership, ADX-listed financial transparency, AED 46 billion revenue backlog, and world-record lifestyle infrastructure, Modon offers a uniquely low-risk, high-upside investment profile unavailable from any other developer in Abu Dhabi.
No. Modon Properties and Aldar Properties are two separate Abu Dhabi government-backed developers. Aldar is Abu Dhabi's largest developer — responsible for Yas Island, Saadiyat Island, and Al Raha Beach among others. Modon is Abu Dhabi's second-largest master developer, focused on Hudayriyat Island and Al Reem Island. Both are government-backed but operate independently with distinct land banks, project portfolios, and management teams.
Modon's primary development zones in Abu Dhabi are Hudayriyat Island — its flagship 3,000-hectare sports and lifestyle island — and Al Reem Island, one of Abu Dhabi's most established and sought-after freehold residential districts. Both are designated freehold investment zones open to all nationalities.
Yes — Modon is among the UAE's most credible and financially secure off-plan developers. Its government ownership, ADX listing, AED 46 billion revenue backlog, and AED 3.9 billion net profit in 2025 provide exceptional delivery assurance. Modon has a growing on-time handover track record with Surf Abu Dhabi, Olympia Resort, and multiple Nawayef and Reem Hills sub-communities delivering on schedule in 2026.
Hudayriyat Island is Abu Dhabi's most exciting emerging residential and lifestyle destination — a 3,000-hectare man-made island featuring over 50 km of Arabian Gulf coastline, the world's largest artificial wave pool (Surf Abu Dhabi), Olympia Resort, championship cycling and running tracks, and a rapidly expanding luxury residential portfolio. It recorded AED 11.97 billion in real estate transactions in Q1 2026 alone — making it Abu Dhabi's single highest-performing investment location by transaction volume in 2026.
Yes. Modon properties are tradeable on the Abu Dhabi secondary market subject to Abu Dhabi Department of Municipalities and Transport (DMT) transfer procedures. Off-plan resales (NOC transfers) are permitted once the required installment threshold is met — typically after 30–40% of the purchase price has been paid. Given Hudayriyat Island's rapid price appreciation trajectory, early buyers have already seen significant unrealized capital gains on resale.

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