Tag Archives: Modon

Featured

AED 2 Billion Sales: Tara Park Sets New Standard in Abu Dhabi

834 residences across six towers with an active podium on Reem Island and connected to Reem Mall received overwhelming interest, signalling clear investor confidence in Abu Dhabi’s residential market

Abu Dhabi, UAE; 29 April 2026: Modon has announced the sell-out of Tara Park, a residential development on Reem Island, with the project generating approximately AED 2 billion in sales. The milestone reflects strong investor confidence and sustained demand, underscoring the emirate’s growing position as a global safe-haven investment destination.

Tara Park comprises six residential towers with 834 apartments across one-, two-, and three-bedroom layouts. Connected to Reem Mall, the towers are interlinked by an active podium that connects residents to a wide range of amenities.

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Real Estate

Tara Park Final Phase: Prime Abu Dhabi Living

Following the successful launch of the first phase of Tara Park, Modon releases the final phase of the project on Reem Island

  1. Flexible Ownership Opportunity in Prime Central Abu Dhabi Location
  2. The final phase of Tara Park is strategically positioned close to two of the main bridges onto Reem Island, offering convenient access to Abu Dhabi Global Market (ADGM) as well as premier lifestyle, retail, and educational hubs, including Sorbonne University Abu Dhabi, Repton School, and The Galleria Mall 
  3. Reflecting Modon’s commitment to supporting Abu Dhabi residents and responding to evolving market needs, the final phase of Tara Park introduces a flexible payment plan designed to make homeownership more accessible.
  4. The new 40/60 payment plan offers greater flexibility, with 5% payable in 2026, followed by 10% in 2027, 10% in 2028 and 10% in 2029. Supporting first-time buyers or those investing in Abu Dhabi’s future, the plan provides a unique opportunity for homeownership within one of the capital’s most integrated communities.
  5. As a freehold development open to buyers of all nationalities, Tara Park presents a compelling opportunity for local and international investors seeking high-quality assets and long-term value in Abu Dhabi’s growing residential market.
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Business & Investments

Modon and Elsewedy Industrial Development collaborate to launch industrial zone for Ras El Hekma, Egypt

Abu Dhabi, UAE; 27 March 2025: Modon Holding P.S.C (“Modon”), an Abu Dhabi-based holding company, and Egypt’s Elsewedy Industrial Development have signed a letter of intent (LOI) to build and operate a new industrial zone servicing the Ras El Hekma city megaproject in Egypt.

The 10 million sqm new industrial zone,located south of the Alexandria-Matrouh Highway and opposite the Ras El Hekma site being developed by Modon,will initially focus on attracting investors and manufacturers forbuilding materials for the wider project – ensuring timely, cost-effective construction while introducing advanced, sustainable materials. With strong connectivity to major roads, airports, and the high-speed rail network, the zone will enhance and localise supply chains as the development progresses.

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Real Estate

Modon sells out phase one of Maysan, a newly launched freehold development on Reem Island, within a few hours

  • The first phase of the project features two districts: Mayar and Thoraya
  • Mayar will bring unique stacked maisonettes to Abu Dhabi for the first time
  • Thoraya will address the high demand for townhouses in Abu Dhabi
  • Phase one available to buyers of all nationalities

Abu Dhabi, UAE; 30 October 2024: Modon has announced complete sell-out of phase one of its high-end freehold residential development Maysan within the same day of launch. Located on Reem Island, the development is available to buyers of all nationalities. Blending innovation and creativity, the overall design of the over-600,000-square-metre project is inspired by boutique-style inside/outside living.

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