Source : WAM
Modon Holding PSC delivered an outstanding financial performance for the full year 2025, reporting revenue of AED 13.8 billion and net profit of AED 3.9 billion. The results highlight the strength of its operating model and the accelerated execution of its strategy. On a comparable basis, excluding one-off items recorded in the previous year, the Group achieved significant year-on-year growth in both revenue and profitability.
The year 2025 represented Modon’s first full year of consolidated financial results following its establishment in February 2024. During the year, L’imad Holding Company, wholly owned by the Abu Dhabi Government, acquired an 84.75% stake in Modon Holding. This strategic move, supported by stronger and more sustainable corporate and financial backing, reinforced the Group’s institutional framework, accelerated the implementation of its strategy, and enhanced its capacity to deliver ambitious objectives more efficiently.
Throughout the year, the Group intensified the execution of its strategy to bring cities to life by integrating urban destinations with sustainable communities. Its operating model combining development, investment, and operations across core business segments further strengthened the foundations for sustainable growth and improved long-term earnings visibility.
The Real Estate segment spearheaded the Group’s expansion, achieving record sales of AED 36.3 billion. This performance was driven by a robust business model and the effectiveness of its investment-led approach. The results support sustainable growth and long-term shareholder value, underpinned by steady progress toward an integrated strategic vision aimed at diversifying recurring income streams across key growth platforms, including Asset & Investment Management, Hospitality, and Events, Catering & Tourism.
During the year, Modon progressed several flagship developments in Abu Dhabi, notably on Reem Island and the Hudayriyat Island masterplan, achieving successive project launches, repeated record-time sell-outs, and continued construction milestones. The Group also advanced development at Ras El Hekma in Egypt. Revenue backlog reached AED 46.0 billion, strengthening forward earnings visibility and providing a solid platform for sustained growth.
