Abu Dhabi-based Modon announced a complete sell-out of phase one of its high-end residential development, Maysan, within the same day of launch.
Located on Reem Island, the development is available to buyers of all nationalities.
Maysan in Reem Island, Abu Dhabi
Blending innovation and creativity, the overall design of the over-600,000-square-metre project is inspired by boutique-style inside/outside living.
The project features 132 stacked maisonettes and 185 townhouses.
Bill O’Regan, Group CEO of Modon Holding, said the company is on a mission to build vibrant communities across Abu Dhabi and positioning the UAE capital as one of the world’s best places to live, invest and work.
“With Maysan, we seek to reimagine urban living and address gaps in the property market in the heart of the city,” he said.
Targeting a diverse range of consumer segments in the UAE capital, including families, professionals, investors and expats, Maysan will feature curated lifestyle amenities, a community centre as well as beach and park access.
Once completed, the development will comprise six distinct residential districts with spacious homes ranging from three- to five-bedroom units.
Ibrahim Al Maghribi, CEO of Modon Real Estate, said the company is proud to see the high demand for phase one of the development, which brings brand-new residential offerings into the mix.
Phase one of Maysan consists of two districts – Mayar and Thoraya.
Offering the convenience of apartment living in a resort-style development, Mayar will bring maisonettes to Abu Dhabi for the first time, nestled within a secure gated community, while Thoraya will feature architecturally stunning townhouses.
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