Abu Dhabi, UAE – In a landmark achievement for the capital’s property market, Modon Holding has announced the complete sell-out of its latest residential development, Wadeem, on Hudayriyat Island—just 72 hours after launch. The project has generated an impressive AED 5.5 billion (USD 1.49 billion) in sales, making it Abu Dhabi’s highest-valued real estate release of 2025 to date.
The rapid sell-out of Wadeem underscores Abu Dhabi’s rising prominence in the regional luxury property market and reflects accelerating demand for premium waterfront living in well-masterplanned, community-focused environments.
Strategic Vision Backed by Market Confidence
Bill O’Regan, Group CEO of Modon Holding, emphasized the growing appetite for high-quality real estate in prime locations:
“As demand for premium properties grows, Modon continues to reinforce its reputation as a developer of vibrant, people-centric destinations. The overwhelming response to Wadeem reflects strong investor confidence in our ability to deliver exceptional residential communities.”
Ibrahim Al Maghribi, CEO of Modon Real Estate, highlighted the strategic importance of the launch:
“The success of Wadeem marks a major milestone in advancing our vision for Hudayriyat Island. It further positions the destination as one of Abu Dhabi’s most sought-after residential locations, offering future residents unmatched lifestyle quality and a broad array of living options.”
Reinforcing Hudayriyat as a Premier Lifestyle Destination
Wadeem’s swift sell-out demonstrates the growing allure of Hudayriyat Island, which is emerging as a key destination for luxury waterfront living in Abu Dhabi. Featuring a blend of modern architecture, lifestyle-driven amenities, and strong urban planning, the island is central to Modon’s long-term vision of shaping integrated communities that meet the evolving needs of residents and investors alike.
