Latest news with #BillORegan
Zawya
22-05-2025
- Business
- Zawya
Modon unveils 'Muheira' first Modon freehold residential towers on Reem Island
ABU DHABI - 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. 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, stated, '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.'
Zawya
12-05-2025
- Business
- Zawya
Modon's $544mln Nawayef Village in Abu Dhabi sold out
Modon Holding, an Abu Dhabi-based holding company, has confirmed the sell-out of Nawayef Village – a vibrant gated community offering the first townhouses on Hudayriyat Island – within the same day of launch. The sell-out of 378 units generated approximately AED2 billion ($544 million). The high demand for the Nawayef Village development – an integrated community offering three- and four-bedroom townhouses and five-bedroom twin villas inspired by the classic beauty of the Tuscan countryside – highlights the strong appetite for such properties in Abu Dhabi, and the enduring appeal of the sought-after Hudayriyat Island. Bill O'Regan, Group CEO of Modon Holding, said: 'At Modon, we are on a mission to build vibrant communities across Abu Dhabi and to position the UAE capital as one of the world's best places to live, invest, and work. With Nawayef Village, we seek to reimagine urban living and continuously enhance the residential offering in the city.' Ibrahim Al Maghribi, CEO of Modon Real Estate, said: 'The success of Nawayef Village is a testament to Modon's track record and commitment to developing groundbreaking projects and highlights the growing demand for townhouses in the emirate of Abu Dhabi. We will continue to bring to life communities that meet the expectations of those who seek an exceptional lifestyle in line with the highest international standards of excellence.' Nawayef Village forms an integral part of the wider Nawayef luxury residential neighbourhood, an elevated freehold development that will offer an entirely superior living experience at the heart of Hudayriyat Island, one of Abu Dhabi's most desirable locations. - TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
