Modon Awards $1 Billion Maysan Project Contract on Al Reem Island
Modon Awards AED 1 Billion Contract for Maysan Advancement on Al Reem Island
Abu Dhabi-based real estate developer Modon has awarded Trojan Construction a contract valued at AED 1 billion (approximately $272.25 million USD as of December 11, 2023) to execute the Maysan project on Al Reem Island.This significant investment underscores Modon’s commitment to delivering sustainable, high-quality residential communities within the emirate.
The Maysan project will encompass two distinct residential communities: Mayar and Thuraya. These developments are designed to meet the evolving needs of modern residents and adhere to the highest international construction standards, positioning them as desirable lifestyle destinations.
Mayar will introduce a novel housing concept to Abu Dhabi,featuring 60 townhouses and 132 multi-story residential units. The design prioritizes creating an remarkable living surroundings, with spaces thoughtfully planned to accommodate contemporary lifestyles. This represents a shift towards more diverse housing options within the city.
complementing Mayar,the Thuraya community will offer 184 luxurious townhouses,distinguished by their refined architectural designs. Residents of both communities will benefit from convenient access to key amenities, including the beach, natural parks, and a central community centre, fostering a vibrant and integrated neighborhood atmosphere.
The strategic location on Al Reem Island provides residents with easy connectivity to the broader Abu Dhabi cityscape. this project is expected to enhance the island’s appeal as a premier residential destination and contribute to the overall growth of the capital.
