Modon Holding: Abu Dhabi Off-Plan Projects, Prices & Plans
Modon current Abu Dhabi off-plan projects on Hudayriyat and Al Reem Islands, with prices from AED 1.2M, payment plans, handover dates and the developer track record.
If you are looking at a Modon project, the first thing to know is what you are actually buying into. Modon builds all of its residential work on two Abu Dhabi islands, Hudayriyat Island and Al Reem Island, so buying a Modon off-plan home means taking on exposure to one of those two masterplans. That makes the real question a narrow one: whether the specific island, payment plan, handover year and project type in front of you fit your purchase.
For a buyer, the backing behind the developer matters less than what it builds and whether it delivers, so this profile sticks to what can be checked: Modon’s track record, its current Abu Dhabi off-plan line-up, its published prices and payment plans, and the checks worth running before you reserve. It is part of our guide to the best off-plan developers in the UAE.
Projectory’s take: Buy the island, not just the home. Modon’s government backing means the developer will deliver; the question is whether the island around your home gets finished, and the early signs are good. The draw is value for space: the same budget buys more square footage on these islands than on comparable Dubai waterfront, which is pulling Dubai buyers east. The residential record is young, so you are getting in early. For a buyer who can wait out the build, Modon is among the most credible ways into Abu Dhabi’s island market; if you need a finished neighbourhood, a rental record or quick resale, wait. Price the home on the island and the year it hands over, and treat the name above the door as reassurance, not the reason to buy.
What’s in this guide:
Key takeaways:
- Modon is the developer of the Hudayriyat Island and Al Reem Island communities in Abu Dhabi, working through Modon Properties under the ADX-listed Modon Holding PSC, now majority-owned by an Abu Dhabi Government company.
- Its current Projectory off-plan line-up runs from apartments at Muheira from AED 1,200,000 up to the largest Nawayef mansions at AED 20,000,000, with handovers between 2027 and 2030.
- The track record rests on specific events rather than reputation: Modon unveiled the Hudayriyat Island masterplan in June 2023, delivered Surf Abu Dhabi in 2024, and sold out its first Hudayriyat residential community, Bashayer, in a single day in December 2025.
- Most current projects use a 10/30/60 payment plan, with some on 10/40/50; Muheira uses 5/45/50.
- These are Abu Dhabi projects, so the relevant authority is the Abu Dhabi Real Estate Centre under Law No. 3 of 2015, not Dubai’s DLD or Oqood system. Confirm the project’s registration and escrow account before paying.
Data note: Project names, prices, payment plans and handover dates are published on Projectory and current as of June 2026. Starting prices are published entry prices and rise with size, floor and view; live price, availability, payment schedule and handover date can change, so confirm them on each project page and with the developer before relying on them. Corporate and track-record facts are sourced from Modon, the Abu Dhabi Securities Exchange, the Abu Dhabi Media Office and reputable reporting, listed at the end.
About Modon
Modon is an international holding company headquartered in Abu Dhabi, with a business that spans real estate, hospitality, asset and investment management, events and tourism, and urban infrastructure. The listed entity is Modon Holding PSC, traded on the Abu Dhabi Securities Exchange under the ticker MODON, and its property work is carried out through its real estate arm, Modon Properties. That arm concentrates its residential development on two Abu Dhabi islands, Hudayriyat Island and Al Reem Island, and every project in this profile is one of those island developments. The corporate provenance is recent: the listed company was formerly Q Holding PSC, which merged in 2024 with real estate assets from ADQ and IHC, took in Modon Properties and the Abu Dhabi National Exhibitions Company (ADNEC), and rebranded as Modon Holding. In 2025, IHC and Alpha Dhabi sold their stakes to L’imad Holding, a company wholly owned by the Abu Dhabi Government, which now holds the majority of Modon.
For a buyer, the useful read is that this is a large, government-backed Abu Dhabi developer focused on two specific islands, not a broad multi-emirate house builder. The backing is real: for 2025 Modon reported an AED 3.9 billion net profit and an AED 46.0 billion revenue backlog. Buying a Modon project means buying into the build-out of Hudayriyat Island or Al Reem Island, so the island’s infrastructure and timeline matter alongside the developer, and what counts at reservation is the published price, the payment plan, the handover year and the island the home actually sits on.
Modon may suit buyers who want Abu Dhabi island exposure and are comfortable with a masterplan still maturing around them, where the surrounding amenities and community fill in over the handover years. Buyers who need an established rental record, completed surrounding infrastructure or short-term resale evidence may prefer more established areas first, then return to Hudayriyat Island or Al Reem Island once the build-out is further along. Neither path is wrong; the right one depends on your timeline and how much of the masterplan you need in place on the day you move in or let.
Modon’s track record and delivery
A developer’s record is worth more than its balance sheet to an off-plan buyer, because it is what you can check. Modon’s is short but specific.
Modon Properties unveiled the Hudayriyat Island masterplan on 13 June 2023, named as the developer under the directives of President Sheikh Mohamed bin Zayed. The masterplan spans more than 51 million square metres, around 53.8% of Abu Dhabi Island, and includes the largest urban park in the emirate and tens of kilometres of new coastline. On the same island, Modon delivered Surf Abu Dhabi, built with the Kelly Slater Wave Company, which opened in 2024, so part of the island’s leisure infrastructure is already standing rather than promised.
On the residential side, the demand signal has been strong. Modon sold out Bashayer, its first waterfront residential community on Hudayriyat Island, within a single day of its launch on 10 December 2025, raising about AED 3 billion. On Al Reem Island it launched the first phase of Maysan, a freehold development covering more than 600,000 square metres with two districts, Mayar and Thoraya, in October 2024, and an earlier Reem project, Tara Park, also sold out. To build this pipeline out, Modon has awarded large construction contracts, including an AED 5 billion main contract for two Nawayef developments on Hudayriyat Island.
What this shows a buyer is real delivery on the infrastructure and venue side and strong early sales on the residential side, against a track record that is only a few years deep on these masterplans. To weigh a developer’s delivery record into your own decision, see our guide on what protects your off-plan investment.
Modon signature off-plan projects
Four current projects show the range of what Modon is selling, from entry apartments to large family villas.
Muheira
On Al Reem Island, a short hop from Abu Dhabi’s financial and cultural core, Muheira is a waterfront community of contemporary apartments with scenic views. It is the easiest way into a Modon address, an apartment alternative for anyone weighing a Hudayriyat villa budget, with prices from AED 1,200,000 on a 5/45/50 payment plan. There are 17 apartment layouts to choose between across one to three bedrooms, with one-beds opening at 785 sq ft and the largest three-beds reaching 2,513 sq ft.
Nawayef Park Views
For a buyer who wants inside Modon’s flagship Nawayef district without committing to a villa, Nawayef Park Views is the apartment way in. This mid-rise sits within the Nawayef district on Hudayriyat Island, overlooking landscaped parkland, and trades on wellness, walkability and a Mediterranean-inspired island lifestyle. From AED 2,000,000 on a 10/50/40 plan, it offers 23 apartment layouts from one to four bedrooms. The widest choice is in two-beds: twelve layouts running from 1,752 to 2,740 sq ft, with one-beds starting at 1,041 sq ft and a single four-bed reaching 5,330 sq ft.
Wadeem
Wadeem is the distinctive one: rather than selling finished homes, it sells freehold plots on Hudayriyat Island, so you acquire the land and then design and build your own bespoke villa in a low-density coastal setting. Because the model is plot-based, there are no set floor-plan layouts to browse, and plot dimensions and build rules are best confirmed directly with Modon. Plots start from AED 3,700,000 on a 10/40/50 payment plan.
Al Naseem Community
A villa-only enclave on Hudayriyat Island, Al Naseem Community sets large family homes in a beachfront island setting threaded with sports and leisure infrastructure. From AED 7,800,000 on a 10/30/60 payment plan, it offers three villa layouts: a four-bedroom at 7,201 sq ft, then five and six-bedroom homes at 8,417 sq ft. Even the smallest gives a family plenty of room to spread out by the sea.
Where Modon is building
Modon’s current off-plan portfolio sits entirely in Abu Dhabi, split across two islands.
Hudayriyat Island holds most of it, including the Nawayef district (Park Views, Village, Homes East and West Hill, Heights East and West Hill, and Mansions East and West Hill), plus Wadeem, Al Naseem Community and Bashayer. This is Modon’s flagship masterplan and where its largest and most expensive homes sit.
Al Reem Island holds the rest: Muheira, and the two districts of the Maysan development, Mayar at Maysan and Thoraya at Maysan. Al Reem is a more established, mixed-use island closer to the city, which tends to suit buyers who want an island setting with a shorter wait for the surrounding area to mature.
Because both islands are Abu Dhabi developments, the regulatory context is Abu Dhabi’s, not Dubai’s, which matters for your verification checks below.
Modon off-plan projects by price
The table below lists Modon’s current Projectory off-plan projects by starting price. All are off-plan with handovers between 2027 and 2030. Prices are entry prices and rise with size, floor and view.
| Project | Starting price | Handover | Buyer note |
|---|---|---|---|
| Muheira | AED 1,200,000 | Feb 2029 | Apartments, 1 to 3 bedrooms, Al Reem Island, 5/45/50 plan |
| Nawayef Park Views | AED 2,000,000 | Feb 2028 | Apartments, 1 to 4 bedrooms, Hudayriyat Island, 10/50/40 plan |
| Bashayer | AED 2,350,000 | Oct 2029 | Apartments and villas, Hudayriyat; launch phase sold out Dec 2025, confirm availability |
| Mayar at Maysan | AED 3,300,000 | Nov 2027 | Townhouses, 3 to 4 bedrooms, Al Reem Island, 10/30/60 plan |
| Thoraya at Maysan | AED 3,700,000 | Nov 2027 | Townhouses, 3 to 4 bedrooms, Al Reem Island, 10/30/60 plan |
| Wadeem | AED 3,700,000 | Nov 2028 | Land, Hudayriyat Island, 10/40/50 plan |
| Nawayef Village | AED 4,100,000 | Feb 2029 | Townhouses, 3 to 5 bedrooms, Hudayriyat Island, 10/40/50 plan |
| Nawayef Homes East | AED 6,600,000 | Nov 2028 | Villas, 4 to 5 bedrooms, Hudayriyat Island, 10/30/60 plan |
| Nawayef Homes West Hill | AED 7,300,000 | Jan 2028 | Villas, 4 to 5 bedrooms, Hudayriyat Island, 10/30/60 plan |
| Al Naseem Community | AED 7,800,000 | Mar 2028 | Villas, 4 to 6 bedrooms, Hudayriyat Island, 10/30/60 plan |
| Nawayef Heights East Hill | AED 19,300,000 | Dec 2028 | Villas, 5 to 7 bedrooms, Hudayriyat Island, 10/30/60 plan |
| Nawayef Heights West Hill | AED 19,500,000 | Mar 2028 | Villas, 5 to 7 bedrooms, Hudayriyat Island, 10/30/60 plan |
| Nawayef Mansions East Hill | AED 20,000,000 | Nov 2028 | Villas, 6 to 8 bedrooms, Hudayriyat Island, 10/30/60 plan |
| Nawayef Mansions West Hill | AED 20,000,000 | Feb 2029 | Villas, 6 to 8 bedrooms, Hudayriyat Island, 10/30/60 plan |
Modon payment plans
Across the current line-up Modon mostly uses construction-linked plans of the 10/30/60 type: roughly 10% at booking, 30% across construction and 60% on handover. Several projects, including Wadeem, Nawayef Village and Bashayer, use a 10/40/50 split, while Nawayef Park Views uses 10/50/40 and Muheira uses 5/45/50.
The practical point for a buyer is the size of the handover payment. On a 10/30/60 plan, 60% of the price falls due at handover, which on the larger Nawayef villas is a substantial cheque to have ready in 2028 or 2029. Map each instalment against your own cash flow before you reserve, and treat the handover date as a target that can move rather than a fixed point.
Which Modon project suits you
Match the line-up to what you are actually buying for.
If you want the lowest entry into a Modon address, the apartments at Muheira on Al Reem Island and Nawayef Park Views on Hudayriyat are the starting points, both under or around AED 2 million. If you want a family villa on the flagship island, Wadeem, the Nawayef Homes and Al Naseem Community cover the AED 3.7 million to 8 million range. At the top, the Nawayef Heights and Nawayef Mansions are large villas of six to eight bedrooms from AED 19 million, a different market aimed at ultra-prime buyers.
If your priority is a shorter wait for a settled neighbourhood, Al Reem Island is the more mature setting; if it is a new waterfront masterplan with its own leisure infrastructure, Hudayriyat is the bet, with the caveat that you are buying into an island still under construction.
What to check before reserving
Modon’s record rests on specific deliveries and its recent sales have been strong, but off-plan still carries delivery and timing risk, and these are Abu Dhabi projects with Abu Dhabi rules.
- Confirm the project is registered and escrow-protected in Abu Dhabi. Abu Dhabi off-plan sales are governed by Law No. 3 of 2015 under the Abu Dhabi Real Estate Centre, which requires developers to hold buyer payments in a dedicated escrow account. This is the Abu Dhabi system, not Dubai’s DLD, RERA or Oqood, so check it with the right authority.
- Treat the handover date as a target. Map the full payment plan against your cash flow, including the large handover payment, and build in a buffer for slippage.
- Confirm current price and availability. Starting prices rise with size, floor and view, and at least one community, Bashayer, sold out at launch, so verify what is actually available and at what price on the project page and with the developer.
- Factor in the island build-out. You are buying into Hudayriyat Island or Al Reem Island as well as the home, so weigh the surrounding infrastructure and its timeline, not only the unit.
For a fuller checklist, see our guide on common off-plan mistakes and how to avoid them.
The bottom line
Modon is a large, Abu Dhabi Government-backed developer with a focused residential footprint on two islands and a short but specific record: a delivered leisure venue in Surf Abu Dhabi, a masterplan unveiled in 2023, and a residential community that sold out in a day at the end of 2025. For a buyer that makes its name something you can check rather than take on trust, which is the right basis for a developer decision. The open questions are the ones common to any new masterplan: whether the islands are completed on time and how the resale market develops once handovers begin. Weigh the developer alongside the island, confirm the Abu Dhabi registration and escrow, and size the handover payment before you reserve.
Frequently asked questions
Is Modon the same company as Modon Holding?
Modon is the real estate platform of Modon Holding PSC, the Abu Dhabi company listed on the Abu Dhabi Securities Exchange under the ticker MODON. The property development is carried out through Modon Properties under that group, so the Hudayriyat Island and Al Reem Island projects are Modon Holding’s developments.
Where does Modon build?
Modon’s current off-plan residential portfolio is entirely in Abu Dhabi, on two islands: Hudayriyat Island, which holds most of its projects including the Nawayef district, and Al Reem Island, which holds Muheira and the Maysan districts.
What is the cheapest current Modon off-plan project?
Across Modon’s current line-up, the lowest entry price is Muheira on Al Reem Island, with apartments from AED 1,200,000. The line-up then rises to villas at AED 20,000,000 for the largest Nawayef mansions.
What payment plans does Modon use?
Most current Modon projects use a 10/30/60 construction-linked plan. Several, including Wadeem and Nawayef Village, use 10/40/50; Nawayef Park Views uses 10/50/40 and Muheira uses 5/45/50. Confirm the exact split on the project page before reserving.
Is Modon a good developer?
Modon has a short but specific record rather than a long one: it unveiled the Hudayriyat Island masterplan in 2023, delivered Surf Abu Dhabi in 2024 and sold out its first Hudayriyat residential community in a day in December 2025. Whether it suits you depends on your budget, timeline and tolerance for buying into islands that are still being built out. Judge the specific project and your own checks, not the name alone.
When do current Modon projects hand over?
The current Projectory line-up has handovers between 2027 and 2030. The earliest are the Maysan districts on Al Reem Island in late 2027; the Nawayef villas on Hudayriyat hand over mostly across 2028 and 2029.
Are Modon projects governed by the same rules as Dubai off-plan?
No. Modon’s projects are in Abu Dhabi, so they fall under Abu Dhabi’s Law No. 3 of 2015 and the Abu Dhabi Real Estate Centre, not Dubai’s Dubai Land Department, RERA or Oqood system. The escrow protection works on the Abu Dhabi framework, so verify registration with the Abu Dhabi authority.
How should I verify a Modon project before paying a booking amount?
Confirm the project is registered and that your payments go into the project’s Abu Dhabi escrow account, check the full payment plan and the handover payment against your cash flow, verify current price and availability on the project page, and factor in the island’s build-out timeline. See our guide on what protects your off-plan investment.
Sources and useful references
- Modon. Real estate communities (Hudayriyat Island and Reem Island)
- Modon. Investor relations (Abu Dhabi-headquartered, listed on the Abu Dhabi Securities Exchange under MODON)
- Abu Dhabi Media Office. Hudayriyat Island masterplan reveal, 51 million sq m
- Modon. Bashayer sells out within one day of launch, December 2025
- The National. Abu Dhabi’s Modon raises Dh3bn as Hudayriyat Island project sells out in a day
- Modon. Maysan phase one launch on Reem Island, October 2024
- Abu Dhabi Real Estate Centre. Rules and regulations (Law No. 3 of 2015)
Explore Modon’s current off-plan projects on Projectory to review prices, payment plans and handover dates, then confirm the project’s Abu Dhabi registration and escrow and size the handover payment before you reserve.
About the Projectory Team
Projectory's editorial team brings together more than 30 years of UAE real estate experience. Each guide is reviewed against current project information, including floor plans, prices, payment plans and handover dates.