FROM AED 1,300,000 ($353,900)
FROM AED 19,000,000 ($5,173,000)
FROM AED 3,300,000 ($898,400)
FROM AED 3,700,000 ($1,007,400)
Modon Properties, established in 2018, is a leading master developer operating under the directives of Abu Dhabi's government, with its ownership rooted in the strategic holdings of Q Holding, a major conglomerate of real estate and hospitality assets. Q Holding itself is bolstered by significant investments from ADQ, Abu Dhabi’s sovereign wealth fund, and International Holding Company (IHC), further amplifying Modon's influence and financial backing.
Modon Properties is guided by a team of influential leaders who bring extensive expertise in real estate development, urban planning, and government strategy, driving the company’s success in Abu Dhabi. The company’s leadership includes H.E. Abdullah Al Sahi, who serves as Group Managing Director and Board Member. Al Sahi’s role is instrumental; he was formerly the Managing Director of Modon Properties and has overseen major project implementations. His background includes serving as Undersecretary at the Department of Municipalities and Transport in Abu Dhabi, where he played a critical role in asset management and business diversification, focusing on sustainable urban infrastructure.
The vision and mission of Modon are centered on sustainable urban development, creating vibrant properties in Abu Dhabi that enhance the emirate’s appeal as a global destination for residents, visitors, and investors. Modon has a strong emphasis on integrating sustainability into its developments, aiming to construct eco-friendly communities that align with Abu Dhabi's broader strategic vision for sustainable growth and economic diversification away from oil dependence.
Modon’s diverse portfolio showcases high-profile projects such as the expansive Hudayriyat Island development. Spanning 53.5 kilometers of coastline, Hudayriyat Island by Modon exemplifies the developer’s commitment to providing premium lifestyle and tourism experiences, complete with residential communities, sports facilities, and natural attractions. Key components include the upcoming Velodrome Abu Dhabi, the region’s first UCI Category 1 indoor cycling track, and Surf Abu Dhabi, set to be the world's largest artificial wave facility, designed in partnership with the Kelly Slater Wave Co.
In addition to Hudayriyat Island, property by Modon includes innovative projects like the Bab Al Nojoum glamping resort at Liwa, known for its eco-tourism appeal and luxury amenities. Modon’s development approach has garnered acclaim, positioning it as a symbol of Abu Dhabi's evolving identity and commitment to world-class urban planning and sustainable infrastructure.
The developer is actively working on the Maysan development, featuring Abu Dhabi’s first stacked maisonettes on Reem Island, meeting high demand for townhouse-style living within a premium, mixed-use environment. Mayar and Thoraya by Modon, are part of this expansive development in Abu Dhabi. Positioned in a dynamic and rapidly developing area, these projects emphasize Modon’s dedication to creating high-quality, community-focused residential spaces that seamlessly integrate modern urban living with natural surroundings.
Property at Modon Mayar offers a pioneering concept in Abu Dhabi: stacked maisonettes. These three- and four-bedroom residences bring an innovative approach to urban architecture, providing generous, multi-level living spaces designed to maximize privacy and access to nature. Each maisonette by Modon Properties offers spacious layouts with private terraces that overlook the meticulously landscaped green spaces, allowing residents a peaceful retreat within a vibrant community. Proximity to prestigious institutions like Sorbonne University and healthcare facilities such as Cleveland Clinic Abu Dhabi enhances the convenience of living in Mayar, while nearby retail hubs like Galleria Mall cater to shopping and entertainment needs, making it an ideal choice for families and professionals alike.
Property at Modon Thoraya complements Mayar with its elegant collection of three- and four-bedroom townhouses, crafted to meet the rising demand for luxurious yet practical family homes. Set within a gated community, Thoraya emphasizes active, outdoor living, with interconnected pathways linking residences to scenic parks, cycling and jogging tracks, and communal recreational areas. These townhouses by Modon embody a blend of organic design and functionality, making it a fitting option for residents who value both comfort and an active lifestyle. Additionally, residents benefit from easy access to Abu Dhabi’s landmarks, including Reem Central Park and prominent hotels, creating an enriched living environment that blends convenience, leisure, and exclusivity.
Financially, Modon is poised for continued growth, with Q Holding reporting a strong financial performance in the first half of 2024, generating a net profit of AED 8.74 billion (around $2.38 billion). This robust fiscal foundation supports Modon’s ambitious project pipeline and reinforces its role as a key contributor to Abu Dhabi’s economic landscape, promoting high-value properties across the UAE.
Properties by Modon are a focal point for investors seeking opportunities in Abu Dhabi's real estate sector. With a solid reputation for innovation, Modon Properties is renowned for creating quality developments that not only enhance Abu Dhabi’s skyline but also foster a sustainable and inclusive community environment, which remains central to its brand values and long-term strategic goals.
Real Estate News,
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14/02/2025
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