Reem Island is experiencing a surge in development activity, highlighted by Modon’s recent AED1 billion contract with Trojan Construction Group for the Maysan project. This ambitious initiative will significantly enhance the island’s residential landscape, contributing to its emergence as one of Abu Dhabi’s most desirable living destinations. The Maysan deal underscores not only the growth on Reem Island but also Modon’s commitment to fostering sustainable urban living.
Modon has officially awarded a AED1 billion main construction contract to Trojan Construction Group for the Maysan development on Reem Island, marking a pivotal advancement in the formation of one of Abu Dhabi’s newest residential neighborhoods.
The agreement entails the complete execution of two state-of-the-art neighborhoods within the project, namely Mayar and Thoraya. Modon stated that this contract signifies its ongoing commitment to generating sustainable long-term value while ensuring all developments adhere to the highest international standards.
Mayar is set to introduce 60 townhouses and 132 stacked maisonettes, a residential concept being launched in Abu Dhabi for the first time. These residences will be situated within a secure gated community, designed to attract residents who value privacy along with modern amenities.
The second district, Thoraya, will consist of 184 beautifully designed townhouses featuring a unique private entrance to guarantee both exclusivity and security.
Upon completion, Maysan residents will enjoy direct access to the beach, landscaped parks, and a community center focused on fostering a family-oriented lifestyle. This project is essential to the broader transformation of Reem Island, turning it into one of the capital’s fastest-growing residential zones.
Modon advances flagship Reem Island project
Modon described the selection of Trojan Construction Group as a crucial milestone in transitioning the development from the planning phase to full-scale construction. The company noted that Maysan’s design philosophy aligns with its overarching goals of creating interconnected, sustainable, and high-quality communities throughout Abu Dhabi.
Modon Holding, the parent entity delivering this significant project, is based in Abu Dhabi and operates in various sectors including real estate, hospitality, asset management, investments, events, and tourism. It positions itself as a catalyst for urban innovation, emphasizing the importance of long-term value creation and community-centered development.
The Maysan contract adds substantial momentum to the ongoing residential endeavors on Reem Island and indicates sustained confidence in Abu Dhabi’s property market as the emirate unveils additional master-planned districts.
While construction timelines for the various elements of the Maysan project remain under wraps, anticipation continues to build as the Reem Island boom persists, with Modon’s AED1 billion Maysan deal leading the way.