Developers — Modon

Modon

State developer, 8 years, entry from AED 2.5M

Government-backed
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About the developer

Modon is an Abu Dhabi real estate company set up in January 2018 under a mandate from the Abu Dhabi Government to develop tourism and leisure destinations and residential communities. Since 2024 it has been part of Modon Holding, listed on the Abu Dhabi Securities Exchange (ADX), after Q Holding acquired Modon Properties and ADNEC.

Modon is the master developer of Hudayriyat Island, where it is building Bashayer, Al Naseem, Nawayef and Hudayriyat Golf Estates, alongside leisure venues such as Surf Abu Dhabi and Marsana. It also develops projects on Al Reem Island and was appointed master developer of Ras El Hekma in Egypt.

Areas where the developer is active

The areas where Modon projects appear in the catalog.

Strengths

What sets Modon apart.

Government mandate

the company was set up under an Abu Dhabi Government mandate, and its parent is listed on the Abu Dhabi Securities Exchange.

Master developer of the island

Modon plans all of Hudayriyat Island, including infrastructure, services and communities.

Leisure already open

Surf Abu Dhabi, 321 Sports and the Marsana retail and dining area already operate on the island.

Large share due on handover

in most of Modon’s residential projects on the island, 50% to 60% of the price is paid only on handover, and purchases above AED 2M qualify for a Golden Visa application.

Statistics

Project count, years in the market and the lowest entry price for Modon, according to the catalog.

4

Projects

8

Years in the market

4.2M

From AED

The developer's projects

Modon projects in the catalog.

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Modon — profile and projects in Dubai | Dubai Index