Modon has announced the complete sell-out of Tara Park, its residential development on Reem Island, with the project generating close to AED 2 billion in sales. The achievement highlights strong investor confidence and continued demand for premium residential properties in Abu Dhabi, reinforcing the emirate’s growing reputation as a secure global investment destination.

Tara Park features six residential towers offering a total of 834 apartments, including one-bedroom, two-bedroom, and three-bedroom layouts. The development is connected through an active podium area that provides residents with direct access to a wide range of lifestyle and recreational amenities.

Bill O’Regan, Group CEO of Modon Holding, stated that the strong market response reflects the company’s disciplined and market-focused development strategy. He noted that the combination of a prime location, thoughtful urban planning, and quality-of-life features continues to attract both local and international buyers seeking long-term investment value in Abu Dhabi.

Ibrahim Al Maghribi, CEO of Modon Real Estate, added that the rapid sell-out demonstrates buyers are making long-term investment decisions with confidence. According to him, Tara Park was carefully designed around evolving buyer preferences and modern living requirements, which contributed significantly to the project’s success.

Strategically positioned near Abu Dhabi Global Market, Tara Park offers residents direct connectivity to major destinations across the city. The development is linked to Reem Mall and is located close to Fay Park, Sorbonne University Abu Dhabi, and Repton School Abu Dhabi. Residents also benefit from convenient access to The Galleria Al Maryah Island and Abu Dhabi’s wider commercial and lifestyle districts.

Headquartered in Abu Dhabi and listed on the Abu Dhabi Securities Exchange, Modon continues to expand its presence across real estate, hospitality, urban infrastructure, tourism, and investment management, focusing on long-term sustainable urban development and innovative city-building initiatives.