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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

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‘Wadeem’ sold out for $1.49bn

Wadeem sold out within 72 hours of launch. (WAM)
By TRENDS Desk AFP
July 4, 2025 10:06 pm
  • The strong interest in Wadeem is testament to individual and investor confidence in our capabilities, said Bill O’Regan, Group CEO of Modon Holding.
  • The launch reinforces Hudayriyat’s position among Abu Dhabi’s most desirable residential destinations, said Ibrahim Al Maghribi, CEO of Modon Real Estate.

Abu Dhabi, UAE — Modon has said it sold out Wadeem on Hudayriyat Island within 72 hours of launch, generating sales of AED 5.5 billion ($1.49 bn).

The sales place Wadeem as 2025’s highest-valued real estate release in Abu Dhabi to date.

Bill O’Regan, Group CEO of Modon Holding, said, “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, said, “The response to Wadeem and the value of sales generated are an outstanding achievement, representing a significant milestone in realizing 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.”

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