Latest news with #BillORegan
Zawya
04-07-2025
- Business
- Zawya
Modon sells out 'Wadeem' on Hudayriyat Island for $1.49bln
ABU DHABI - Modon has announced the complete sell-out of Wadeem on Hudayriyat Island within 72 hours of launch, generating sales of AED5.5 billion. The sales places Wadeem as 2025's highest-valued real estate release in Abu Dhabi to date. Bill O'Regan, Group CEO of Modon Holding, said, 'As demand for high-quality real estate in prime locations grows, Modon continues to strengthen its position as a trusted name in shaping vibrant, people-centric destinations. The strong interest in Wadeem is testament to individual and investor confidence in our capabilities in delivering exceptional residential communities.' Ibrahim Al Maghribi, CEO of Modon Real Estate, said, 'The response to Wadeem and the value of sales generated are an outstanding achievement, representing a significant milestone in realising Modon's vision for Hudayriyat Island. The launch reinforces Hudayriyat's position among Abu Dhabi's most desirable residential destinations, offering unparalleled quality, lifestyle, and diversity of choice for future residents.'
Al Bawaba
04-07-2025
- Business
- Al Bawaba
Modon sells out Wadeem, the first residential plots on Hudayriyat Island, within 72 hours
Modon has announced the complete sell-out of Wadeem on Hudayriyat Island within 72 hours of launch, generating sales of AED5.5 billion. The sales place Wadeem as 2025's highest-valued real estate release in Abu Dhabi to opposite Abu Dhabi's prestigious Al Bateen area, Wadeem is the first new offering of land so close to the city's most exclusive areas in more than 15 years, as well as the first residential plots release on Hudayriyat Island. The rapid sell-out reflects strong demand and rising confidence in the emirate's real estate O'Regan, Group CEO of Modon Holding, said: 'As demand for high-quality real estate in prime locations grows, Modon continues to strengthen its position as a trusted name in shaping vibrant, people-centric destinations. The strong interest in Wadeem is testament to individual and investor confidence in our capabilities in delivering exceptional residential communities.'Ibrahim Al Maghribi, CEO of Modon Real Estate, said: 'The response to Wadeem and the value of sales generated are an outstanding achievement, representing a significant milestone in realising Modon's vision for Hudayriyat Island. The launch reinforces Hudayriyat's position among Abu Dhabi's most desirable residential destinations, offering unparalleled quality, lifestyle, and diversity of choice for future residents.'Offering discerning buyers the opportunity to design and build their own dream homes in one of Abu Dhabi's most desirable emerging locations, Wadeem seamlessly complements Modon's larger Hudayriyat Island masterplan as a unique lifestyle in Wadeem feature ample room for a four- to six-bedroom villa and are generous enough to accommodate a swimming pool alongside outdoor dining and entertainment spaces. Homes in the community – just a stone's throw from Hudayriyat Island's idyllic coastline – will each offer owners the chance to enjoy stunning views of Abu Dhabi's impressive skyline, as well as easy access to the island's many pristine beaches and the azure waters of the Gulf. At the heart of the neighbourhood will be a community centre with a selection of shopping outlets, a private school, a mosque and a central park, connected by walking and cycling paths meandering through lush greenery. Supporting healthy lifestyles and wellbeing, a selection of local outdoor exercise areas will include a recreational hub boasting swimming pools, a jogging track, and sports courts, as well as a yoga and meditation zone.
Zawya
04-07-2025
- Business
- Zawya
Modon sells out Wadeem, the first residential plots on Hudayriyat Island, within 72 hours
Abu Dhabi, UAE: Modon has announced the complete sell-out of Wadeem on Hudayriyat Island within 72 hours of launch, generating sales of AED5.5 billion. The sales place Wadeem as 2025's highest-valued real estate release in Abu Dhabi to date. Set opposite Abu Dhabi's prestigious Al Bateen area, Wadeem is the first new offering of land so close to the city's most exclusive areas in more than 15 years, as well as the first residential plots release on Hudayriyat Island. The rapid sell-out reflects strong demand and rising confidence in the emirate's real estate projects. Bill O'Regan, Group CEO of Modon Holding, said: 'As demand for high-quality real estate in prime locations grows, Modon continues to strengthen its position as a trusted name in shaping vibrant, people-centric destinations. The strong interest in Wadeem is testament to individual and investor confidence in our capabilities in delivering exceptional residential communities.' Ibrahim Al Maghribi, CEO of Modon Real Estate, said: 'The response to Wadeem and the value of sales generated are an outstanding achievement, representing a significant milestone in realising Modon's vision for Hudayriyat Island. The launch reinforces Hudayriyat's position among Abu Dhabi's most desirable residential destinations, offering unparalleled quality, lifestyle, and diversity of choice for future residents.' Offering discerning buyers the opportunity to design and build their own dream homes in one of Abu Dhabi's most desirable emerging locations, Wadeem seamlessly complements Modon's larger Hudayriyat Island masterplan as a unique lifestyle proposition. Plots in Wadeem feature ample room for a four- to six-bedroom villa and are generous enough to accommodate a swimming pool alongside outdoor dining and entertainment spaces. Homes in the community – just a stone's throw from Hudayriyat Island's idyllic coastline – will each offer owners the chance to enjoy stunning views of Abu Dhabi's impressive skyline, as well as easy access to the island's many pristine beaches and the azure waters of the Gulf. At the heart of the neighbourhood will be a community centre with a selection of shopping outlets, a private school, a mosque and a central park, connected by walking and cycling paths meandering through lush greenery. Supporting healthy lifestyles and wellbeing, a selection of local outdoor exercise areas will include a recreational hub boasting swimming pools, a jogging track, and sports courts, as well as a yoga and meditation zone. About Modon: Modon is an international holding company, headquartered in Abu Dhabi, United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX). We are at the forefront of urban innovation, creating iconic designs and experiences that continually surpass expectations. Our primary business sectors include real estate, hospitality, asset management, investments, events, and tourism. Our goal is to deliver long-term, sustainable value, laying the foundations for intelligent, connected living.
Zawya
01-07-2025
- Business
- Zawya
Modon launches Wadeem, its first residential plots community on Hudayriyat Island
Abu Dhabi, UAE: Modon has announced the launch of Wadeem, its first residential plots release on Hudayriyat Island to offer discerning buyers the opportunity to design and build their own dream homes in one of Abu Dhabi's most desirable emerging locations. Set opposite Abu Dhabi's prestigious Al Bateen area, Wadeem is the first new offering of land so close to the city's most exclusive areas in more than 15 years. In total, Wadeem features more than 1,700 plots, each with ample room for a four- to six-bedroom villa and generous enough to accommodate a swimming pool alongside outdoor dining and entertainment spaces. The plots – just a stone's throw from Hudayriyat Island's idyllic coastline – will offer owners the chance to enjoy the stunning views of Abu Dhabi's impressive skyline, as well as easy access to the island's many pristine beaches and the azure waters of the Gulf. At the heart of the neighbourhood will be a community centre with a selection of shopping outlets, a private school, a mosque and a central park. Designed for active families and with ease of access in mind, Wadeem will be walkable and connected by cycling paths meandering through lush greenery. Supporting healthy lifestyles and wellbeing, a selection of local outdoor exercise areas will include a recreational hub boasting swimming pools, a jogging track, and sports courts, as well as a yoga and meditation zone. Bill O'Regan, Group CEO at Modon Holding, said: 'Wadeem represents another milestone in our future vision for Hudayriyat Island and marks an important addition to Abu Dhabi's dynamic, fast-evolving real estate landscape. This unique offering creates an island counterpart to the city's most traditionally exclusive districts on the opposite shore. It combines thoughtfully planned amenities with a unique degree of flexibility for homeowners to craft their own spaces. Through Wadeem, we reaffirm Modon's commitment to shaping vibrant, people-centric living destinations, inspired by liveability and individuality, that align seamlessly with the emirate's vision for sustainable growth, quality of life and global competitiveness.' Ibrahim Al Maghribi, CEO of Modon Real Estate, said: 'With the launch of our first residential plot project on Hudayriyat Island, we are not only unlocking a high-potential opportunity to invest in one of Abu Dhabi's most sought-after locations, but also giving buyers the chance to realise their own dream home by the sea. Residents will enjoy vibrant green spaces that encourage outdoor living, a distinctive sense of community and unrivalled views of azure waters or the breathtaking skyline, making Wadeem a truly unique, desirable lifestyle destination.' Owners will enjoy easy access to the many world-class sports, leisure and hospitality facilities on the island, providing plentiful opportunities to play, stay, dine, shop and keep active. These include Nawayef Park, Surf Abu Dhabi, Velodrome Abu Dhabi, 321 Sports, Trail X, Circuit X, a network of cycling tracks, Marsana Beach, Bab Al Nojoum beach resort, and the upcoming largest urban park in the emirate. Sales of plots at Wadeem are open to all nationalities. To register interest, prospective investors can visit or call 800 MODON. About Modon: Modon is an international holding company, headquartered in Abu Dhabi, United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX). We are at the forefront of urban innovation, creating iconic designs and experiences that continually surpass expectations. Our primary business sectors include real estate, hospitality, asset management, investments, events, and tourism. Our goal is to deliver long-term, sustainable value, laying the foundations for intelligent, connected living. For further information, please contact: press@ ir@
Zawya
22-05-2025
- Business
- Zawya
Modon unveils 'Muheira' first Modon freehold residential towers on Reem Island
ABU DHABI - Modon, the Abu Dhabi-based holding company, has announced the launch of Muheira – a landmark residential community offering exclusive freehold apartments on Al Reem Island. Situated close to Abu Dhabi Global Market (ADGM), Muheira features two residential towers, boasting a collection of 475 one- to three-bedroom apartments. The homes will offer residents convenient access to Reem Island's outdoor recreational areas, sports amenities, modern healthcare facilities, top-tier educational institutions, and a range of retail outlets. Bill O'Regan, Group CEO at Modon Holding, said, 'The launch of Muheira is aligned with our vision to develop vibrant, future-ready communities that embody the highest standards of living. We are committed to adding sustainable value, creating destinations that enhance residents' overall well-being and lifestyle.' Ibrahim Al Maghribi, CEO of Modon Real Estate, stated, 'Muheira is a central part of our strategy to cultivate exceptional urban communities that meet the evolving expectations of both residents and investors. Through meticulous planning and contemporary design, we have curated a living experience that reflects next-generation architecture and a full suite of modern lifestyle facilities.'
