Modon Sells Out Wadeem for $1.5B in 72 Hours on Hudayriyat Island

Modon, one of Abu Dhabi’s premier real estate developers, has announced the complete sell-out of its newest residential project, Wadeem on Hudayriyat Island, generating $1.5 billion (AED 5.5 billion) in sales just 72 hours after launch.

This remarkable achievement not only underscores rising demand for premium waterfront living in the UAE capital but also cements Wadeem as the highest-valued real estate release in Abu Dhabi for 2025 to date.

Wadeem: A Landmark Launch in Abu Dhabi’s Property Market

The sell-out success of Wadeem is a major milestone for Modon and a clear indication of the appetite for exclusive, lifestyle-driven residential offerings. The development sits on Hudayriyat Island, a growing hub of luxury and leisure located just off the mainland, increasingly seen as a top destination for investors and end-users seeking long-term value, connectivity, and quality of life.

The project features a diverse range of high-end villas and residential units designed with a focus on modern architecture, sustainability, and community well-being.

Leadership Commentary Reflects Market Confidence

Bill O’Regan, Group CEO of Modon Holding, attributed the success of Wadeem to both strategic planning and Abu Dhabi’s evolving real estate landscape:

“As demand for high-quality real estate in prime locations grows, Modon continues to strengthen its position as a trusted name in shaping vibrant, people-centric destinations. The strong interest in Wadeem is testament to individual and investor confidence in our capabilities in delivering exceptional residential communities.”

Ibrahim Al Maghribi, CEO of Modon Real Estate, echoed this sentiment, emphasizing the significance of this achievement for Hudayriyat Island’s development:

“The response to Wadeem and the value of sales generated are an outstanding achievement, representing a significant milestone in realising Modon’s vision for Hudayriyat Island. The launch reinforces Hudayriyat’s position among Abu Dhabi’s most desirable residential destinations, offering unparalleled quality, lifestyle, and diversity of choice for future residents.”

Hudayriyat Island: The New Epicenter of Luxury Living

Hudayriyat Island is rapidly emerging as a central pillar in Abu Dhabi’s long-term urban and economic development strategy. Backed by robust infrastructure, waterfront access, and a variety of recreational and wellness amenities, the island is fast becoming one of the emirate’s most coveted residential zones.

Modon’s success with Wadeem is expected to fuel further interest and potentially accelerate the next phase of development on the island, which is designed to support the broader goals of Abu Dhabi Vision 2030, a sustainable, diversified, and inclusive urban future.

Investor Confidence Soars Amid Market Momentum

The quick sell-out and record-breaking valuation of Wadeem are clear indicators of the strength of Abu Dhabi’s high-end property market in 2025, which continues to attract both regional and international investors. The project’s success also reflects growing consumer preference for low-density, design-forward communities with strong lifestyle and investment potential.

Modon’s ability to deliver such a high-impact launch reinforces its position as a leading force in shaping the next generation of urban communities in the UAE.