Latest news with #Muheira
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."
Al Etihad
22-05-2025
- Business
- Al Etihad
Modon unveils its first freehold residential towers on Reem Island
22 May 2025 12:48 ABU DHABI (WAM) Modon, the Abu Dhabi-based holding company, has announced the launch of Muheira – a landmark residential community offering exclusive freehold apartments on Al Reem close to Abu Dhabi Global Market (ADGM), Muheira features two residential towers, boasting a collection of 475 one- to three-bedroom 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 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.'
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."
Al Etihad
22-05-2025
- Business
- Al Etihad
Modon unveils 'Muheira' first its freehold residential towers on Reem Island
22 May 2025 12:48 ABU DHABI (WAM) Modon, the Abu Dhabi-based holding company, has announced the launch of Muheira – a landmark residential community offering exclusive freehold apartments on Al Reem close to Abu Dhabi Global Market (ADGM), Muheira features two residential towers, boasting a collection of 475 one- to three-bedroom 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 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.'
