Modon Holding announced the complete sell-out of its “Wadeem” residential plot community on Hudayriyat Island within 72 hours of its launch, generating sales totaling AED 5.5 billion (approximately US$1.5 billion). This rapid absorption positions Wadeem as Abu Dhabi’s highest-valued real estate release of 2025 to date.
The swift sales underscore robust demand for prime real estate in Abu Dhabi and signal strong individual and investor confidence in Modon’s development capabilities.
Bill O’Regan, Group CEO of Modon Holding, stated, “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, described the response as an “outstanding achievement” and a “significant milestone” in realizing Modon’s broader vision for Hudayriyat Island. He added that the launch reinforces Hudayriyat’s standing among Abu Dhabi’s most desirable residential destinations, citing its “unparalleled quality, lifestyle, and diversity of choice for future residents.”
Wadeem features more than 1,700 plots designed for four- to six-bedroom villas, complete with ample space for amenities such as swimming pools and outdoor entertainment areas. The development is situated opposite Abu Dhabi’s established Al Bateen area, offering accessibility alongside an island living experience. The project is part of the larger Hudayriyat Island master plan, which envisions a comprehensive residential, leisure, and sports destination.
–Input WAM