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