834 Apartments Across Six Towers Sold
Modon, an international holding company based in Abu Dhabi, announced the complete sell-out of Tara Park, a residential project on Reem Island. The development generated nearly AED 2 billion in sales, underscoring strong investor confidence in the region’s residential market.
Tara Park features 834 apartments, spread across six towers, with a choice of one-, two-, and three-bedroom layouts. An active podium interlinks these towers, offering residents access to various amenities and fostering a community atmosphere.
“Tara Park further validates Modon’s disciplined, market-driven approach,” stated Bill O’Regan, Group CEO of Modon Holding. The project’s strategic location near Abu Dhabi Global Market enhances its appeal as a safe-haven investment destination.
Prime Location and Amenities
Located near key landmarks, Tara Park provides easy access to Reem Mall, Fay Park, Sorbonne University Abu Dhabi, and Repton School. The Galleria Mall and other city areas are also easily reachable, making it an ideal location for residents.
Ibrahim Al Maghribi, CEO of Modon Real Estate, remarked, “The sell-out of Tara Park sends a clear signal. Buyers are not hesitating; they are making considered, long-term decisions.” This reflects a shift towards a more stable and confident property market in Abu Dhabi.
The development is connected to Reem Mall and offers proximity to Abu Dhabi Global Market (ADGM), reinforcing its status as a prime investment opportunity. Modon, listed on the Abu Dhabi Securities Exchange (ADX), continues to lead in urban innovation, creating designs and experiences that exceed expectations. From real estate to hospitality, Modon is at the forefront of delivering sustainable value.
Prospective investors interested in future projects can visit Modon’s website at www.modon.com or call 800 MODON for more information about upcoming opportunities.
Last updated: 1 May 2026, 11:49 pm
