Modon recently announced the rapid sell-out of Maysan’s first phase, completed within mere hours of its launch. Located on Reem Island, this high-end freehold residential project is accessible to buyers of all nationalities. Designed with a blend of innovation and creativity, the expansive 600,000-square-metre development embraces a boutique-style concept focused on inside/outside living.
The swift sell-out reflects the robust investor confidence in Modon’s unique offering, which includes 132 stacked maisonettes and 185 townhouses. This strong demand underscores the quality Modon consistently delivers in its projects.
Phase one of Maysan comprises two main districts: Mayar and Thoraya. Mayar, designed to introduce maisonettes to Abu Dhabi for the first time, offers a gated, secure environment within a community enriched by a spacious park ideal for leisurely strolls. Meanwhile, Thoraya showcases architecturally refined townhouses, community gardens, children’s play areas, and a private gym, creating an inviting balance of relaxation and recreation amid natural surroundings.
Modon Holding Group CEO Bill O’Regan explained that Modon aims to create vibrant communities across Abu Dhabi, further establishing the capital as a prime location for living, investing, and working. With Maysan, the company intends to redefine urban living while addressing market demands in the city’s core.
Catering to a diverse demographic in the UAE’s capital, including families, professionals, investors, and expatriates, Maysan is set to offer a variety of lifestyle amenities. The community will include a central community center, beach access, and parks, with plans to eventually expand into six distinct residential districts. Each district will feature spacious three- to five-bedroom homes interconnected by a green, walkable spine, fostering wellness and a healthy lifestyle.
Ibrahim Al Maghribi, CEO of Modon Real Estate, shared that the strong demand for phase one is a testament to the appeal of Maysan’s new residential offerings. He expressed that Maysan is poised to become a lively community that accommodates diverse residents with its comprehensive lifestyle amenities, supporting a balanced and holistic living experience.
Original source: https://www.khaleejtimes.com/business/modon-sells-out-phase-one-of-maysan-within-a-few-hours
