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Modon Completes Sale of Bashayer Waterfront Community Project in Abu Dhabi

MT Newswires·07/17/2026 08:29:16
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08:29 AM EDT, 07/17/2026 (MT Newswires) -- Modon Holding (ADX:MODON) sold out the final phase of its premium waterfront community, Bashayer, on Hudayriyat Island in Abu Dhabi, United Arab Emirates. The sale of 300 residences generated 1.25 billion Emirati dirhams, with 71% of buyers being new customers to the holding company, according to a release dated Thursday and filed with the exchange Friday.