Modon Holding, a listed company based in Abu Dhabi, successfully sold out its freehold residential project on Reem Island, generating approximately Dh1 billion, or $272.3 million, on the day of the launch. This two-tower waterfront development is strategically located near the Abu Dhabi Global Market (ADGM), enhancing its appeal to potential buyers.

The swift sale highlights the strong demand for real estate in the area, reflecting the ongoing growth of the Abu Dhabi property market. Modon Holding’s achievement underscores its commitment to delivering quality developments that meet market needs.

This project marks a significant milestone for Modon Holding, showcasing their ability to attract interest and secure investments in a competitive landscape. The successful launch is expected to further bolster the company’s presence in the Abu Dhabi real estate sector.