Latest news with #ModonRealEstate
Gulf Today
2 days ago
- Business
- Gulf Today
Modon sells out 'Wadeem' on Hudayriyat Island for Dhs5.5 billion
Modon has announced the complete sell-out of Wadeem on Hudayriyat Island within 72 hours of launch, generating sales of Dhs5.5 billion. The sales place 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.' WAM
Trade Arabia
06-05-2025
- Business
- Trade Arabia
Modon launches first townhouses on Abu Dhabi's Hudayriyat Island
Modon Holding, a UAE-based holding company, has announced the launch of the first townhouses on Abu Dhabi's Hudayriyat Island at Nawayef Village. Nawayef Village, a gated community within the larger Nawayef project on the island, will offer 378 freehold units, including three- and four-bedroom townhouses and five-bedroom twin villas set in an environment, designed to evoke the spirit of Tuscany. Located between the West and East Hills of Nawayef, the integrated development will feature green spaces and community facilities, with retail outlets nearby. Bill O'Regan, Group CEO of the Abu Dhabi-based company, said: 'The launch of Nawayef Village, an integral part of the Hudayriyat masterplan, represents yet another key milestone in our efforts to redefine community living. 'Responding to strong demand for townhouses in Abu Dhabi, Nawayef Village will offer residents lush landscapes and a comprehensive suite of amenities and facilities, perfectly curated to provide an elevated standard of living,' he added. The wider Nawayef development enables community living with the city only a short drive away. A number of distinct neighbourhoods make up Nawayef, each offering views across the Abu Dhabi skyline and the azure waters surrounding Hudayriyat Island, with a range of exclusive home designs available to suit a variety of preferences and needs. Ibrahim Al Maghribi, CEO of Modon Real Estate, added: 'The exclusive townhouses at Nawayef Village are not simply homes but stand as a new benchmark for community living in Abu Dhabi. Residents can expect to find all the amenities and facilities they need within reach, the highest quality of finishes and meticulous attention to detail throughout, ensuring an entirely superior living experience in one of Abu Dhabi's most desirable locations.'-TradeArabia News Service
Al Etihad
06-05-2025
- Business
- Al Etihad
Abu Dhabi: Modon unveils first townhouses on Hudayriyat Island at Nawayef Village
6 May 2025 10:27 ABU DHABI (ALETIHAD)Modon Holding has launched its first townhouses at Nawayef Village, a new gated residential enclave on Hudayriyat Island, offering investors and residents a unique blend of luxury, convenience, and natural surroundings, a statement by the company said. The Nawayef Village development forms part of the broader Nawayef masterplan and features 378 freehold units, including three- and four-bedroom townhouses and five-bedroom twin villas. Designed to evoke the charm of Tuscany, the neighbourhood sits strategically between the East and West Hills of the island, surrounded by green spaces and community facilities.'The launch of Nawayef Village, an integral part of the Hudayriyat masterplan, represents yet another key milestone in our efforts to redefine community living,' said Bill O'Regan, Group CEO of Modon Holding. 'Responding to strong demand for townhouses in Abu Dhabi, Nawayef Village will offer residents lush landscapes and a comprehensive suite of amenities and facilities, perfectly curated to provide an elevated standard of living.'The community is also within walking distance of high-end retail outlets and designed to support a lifestyle that combines serene living with proximity to the city's vibrant energy.'The wider Nawayef development enables community living with the vibrant energy of the city only a short drive away,' the statement said. Ibrahim Al Maghribi, CEO of Modon Real Estate, added: 'The exclusive townhouses at Nawayef Village are not simply homes but stand as a new benchmark for community living in Abu Dhabi.'Modon is an international holding company listed at the ADX with a market capitalisation of Dh51.66 billion. Abu Dhabi Developmental Holding Company (ADQ) and International Holding Company (IHC) are the main shareholders of the company.
