Latest news with #BillO'Regan
Trade Arabia
25-05-2025
- Business
- Trade Arabia
Modon's first freehold residential towers project fully sold out
Modon Holding, an Abu Dhabi-based holding company, has announced the complete sell-out of Muheira, a high-end freehold residential community located on Reem Island, on the day of launch. Strong interest in the collection of one- to three-bedroom apartments, which seamlessly blend style and comfort, reflects the success of Modon's visionary approach to transforming urban landscapes through impeccably designed homes, said the company in a statement. The sale of 475 apartments generated approximately AED1 billion ($272 million). Muheira will be an ideal living destination for young professionals, couples and growing families that fosters a healthy and active lifestyle, comprising two towers set in one of the city's most desirable locations close to Abu Dhabi Global Market (ADGM). Directly fronting a waterfront promenade with jogging and cycling tracks, as well as outdoor fitness stations, homes at Muheira will offer residents the perfect blend of urban vibrancy and natural beauty, said the statement. Among its amenities, Muheira features an adult pool and a shaded children's pool on the podium level, while the rooftop boasts an outdoor pool and terrace with breathtaking views, it added. On the solid response, Group CEO Bill O'Regan said: "Muheira's complete sell-out is the latest in a series of market defining launches for Modon, demonstrating our expertise in anticipating evolving customer needs, while shaping the cities in which we operate." "We look forward to building on this success as we continue to lay the foundations for a new era of intelligent, connected living," he stated. Modon Real Estate CEO Ibrahim Al Maghribi said: "The sell-out of Muheira marks yet another successful launch for Modon. Strong interest in the properties available shows the confidence buyers and investors have in the quality of our offering, and in our commitment to building vibrant communities that people are proud to call home."
Arabian Business
22-05-2025
- Business
- Arabian Business
Abu Dhabi real estate: Modon launches 475-home residential tower on Reem Island
Situated close to Abu Dhabi Global Market (ADGM), Muheira features two residential towers, boasting a collection of 475 one- to three-bedroom apartments. The homes will offer residents convenient access to Reem Island's outdoor recreational areas, sports amenities, modern healthcare facilities, top-tier educational institutions, and a range of retail outlets. Muheira in Abu Dhabi Bill O'Regan, Group CEO at Modon Holding, said: 'The launch of Muheira is aligned with our vision to develop vibrant, future-ready communities that embody the highest standards of living. We are committed to adding sustainable value, creating destinations that enhance residents' overall well-being and lifestyle.' Ibrahim Al Maghribi, CEO of Modon Real Estate, said: 'Muheira is a central part of our strategy to cultivate exceptional urban communities that meet the evolving expectations of both residents and investors. 'Through meticulous planning and contemporary design, we have curated a living experience that reflects next-generation architecture and a full suite of modern lifestyle facilities.'
Trade Arabia
22-05-2025
- Business
- Trade Arabia
Modon launches freehold residential towers on Reem Island
Modon, the Abu Dhabi-based holding company, has announced the launch of Muheira - a landmark residential community offering exclusive freehold apartments on Al Reem Island. Situated close to Abu Dhabi Global Market (ADGM), Muheira features two residential towers, boasting a collection of 475 one- to three-bedroom apartments. The homes will offer residents convenient access to Reem Island's outdoor recreational areas, sports amenities, modern healthcare facilities, top-tier educational institutions, and a range of retail outlets, said the developer. Group CEO Bill O'Regan said the project launch is aligned with Modon's vision to develop vibrant, future-ready communities that embody the highest standards of living. "We are committed to adding sustainable value, creating destinations that enhance residents' overall well-being and lifestyle," he stated. Modon Real Estate CEO Ibrahim Al Maghribi said: "Muheira is a central part of our strategy to cultivate exceptional urban communities that meet the evolving expectations of both residents and investors."
Zawya
22-05-2025
- Business
- Zawya
Modon unveils Muheira the first Modon freehold residential towers on Reem Island
Boasting a collection of 475 one- to three-bedroom apartments Abu Dhabi, UAE: Modon, the Abu Dhabi-based holding company, has announced the launch of Muheira – a landmark residential community offering exclusive freehold apartments on Reem Island. Situated in one of the city's most desirable locations, close to Abu Dhabi Global Market (ADGM) and in a prestigious waterfront setting, the community offers sweeping panoramic views of the canal and the iconic Reem Island skyline. Muheira features two elegant residential towers, boasting a collection of 475 one- to three-bedroom apartments. The homes will offer residents convenient access to Reem Island's outstanding outdoor recreational areas, sports amenities, modern healthcare facilities, top-tier educational institutions, and a range of retail outlets. Bill O'Regan, Group CEO at Modon Holding, said: 'The launch of Muheira is aligned with our vision to develop vibrant, future-ready communities that embody the highest standards of living. We are committed to adding sustainable value, creating destinations that enhance residents' overall well-being and lifestyle.' Ibrahim Al Maghribi, CEO of Modon Real Estate, added: 'Muheira is a central part of our strategy to cultivate exceptional urban communities that meet the evolving expectations of both residents and investors. Through meticulous planning and contemporary design, we have curated a living experience that reflects next-generation architecture and a full suite of modern lifestyle facilities.' Sales of Muheira are open to all nationalities, with prices starting from AED 1.2 million. Prospective buyers and investors can visit or call 800 MODON. About Modon Modon is an international holding company, headquartered in Abu Dhabi, United Arab Emirates. We are at the forefront of urban innovation, creating iconic designs and experiences that continually surpass expectations. Our primary business sectors include real estate, hospitality, asset management, investments, events, and tourism. Our goal is to deliver long-term, sustainable value, laying the foundations for intelligent, connected living. Media Enquiries
Time Out Abu Dhabi
12-05-2025
- Business
- Time Out Abu Dhabi
This new Tuscan-style village in Abu Dhabi sold out in just 24 hours
Well, that didn't take long. A cool 378 townhouses and villas in the new Nawayef Village development on Hudayriyat Island have been snapped up in under 24 hours, racking up a tidy Dhs2 billion (US$544 million) in the process. Modon Holding, the developer behind the now-sold-out Nawayef Village, has confirmed that demand for this picturesque Tuscan-inspired gated community was through the roof. Think three-and-four-bedroom townhouses and five-bedroom twin villas, all wrapped up in Mediterranean charm, in a location that's quickly becoming Abu Dhabi's most sought-after lifestyle destination. If you didn't already know, Hudayriyat Island is having a moment. From its scenic cycling tracks (the new velodrome will open soon) and other first-class sports facilities (hello Surf Abu Dhabi) to beachfront dining, this stretch of coast is being reimagined as a luxury living hub – and Nawayef Village is one of the jewels in its crown. This new launch marks the first townhouses ever to go on sale on Hudayriyat and judging by the lightning-fast sell-out, there's a big appetite for family-friendly luxury on the island. Bill O'Regan, Group CEO of Modon, summed it up neatly: 'We're on a mission to reimagine urban living in Abu Dhabi.' Mission accomplished, it seems. The success of Nawayef Village is also a sign of where Abu Dhabi's property market is heading – upward, fast and with a firm eye on the kind of design-led, community-focused developments that modern buyers are clamouring for. Didn't get in on this one? Don't worry – Hudayriyat's full transformation is just getting started. More in Abu Dhabi… Everything happening in Abu Dhabi in 2025 From new openings to big events, this is shaping up to be quite a year It's official: Abu Dhabi Comedy Season is returning for a second edition with some huge names Wow, look at this line-up The 2025 concert line-up in Abu Dhabi just keeps getting better and better So many big names coming to the capital
