Skip to content
  • UAE Banks Waive AED 834 Million for Low-Income Retirees
  • Core42 raises US$550 million from HSBC to scale global AI infrastructure
  • ‘Experience Abu Dhabi’ to launch community poetry experience
  • Abu Dhabi Customs develops integrated sustainability framework to strengthen its corporate strategy
  • Under directives of UAE President, Crown Prince of Abu Dhabi approves AED1.54bn housing benefits package for citizens ahead of Eid Al Adha
  • Three bouts for UAE judo team in opening of Asian Championship in Tashkent
  • PureLab, Baynounah Gene Solutions to advance diagnostics, biotechnology innovation in UAE
  • Team Abu Dhabi F1 to Compete in UIM F1H2O World Championship in Italy
  • Mohamed Bin Zayed University for Humanities to Organise International Conference on Religious Studies in Italy
  • Abu Dhabi Fund for Development Monitors Progress of Key Development Projects in Africa
  • UAE and Ukraine Presidents Discuss Cooperation and Regional Developments in Phone Call
  • Yas Seaworld Research & Rescue Centre Hosts Science Talk on Marine Conservation in Age of AI
  • ADX Partners with Zoud to Launch Global Money Week 2026 in Uae, Advancing Youth Financial Literacy
  • Activation of Paid Parking System in New Sectors of Musaffah
  • ADCB Unveils Ai-powered Mobile Banking Application
  • Abu Dhabi Infrastructure Summit Unites Developers, Investment Bodies in $57 Billion Infrastructure Drive
  • NYU Abu Dhabi, Tharawat Family Business Forum Document 200 Years of Regional Business History
  • Sorbonne University Abu Dhabi, Saal.ai Cooperate to Advance AI Innovation
  • Higher Colleges of Technology Launches Solar Energy Project Across Campuses
  • Tawam Hospital Administers Groundbreaking Gene Therapy for Child with Spinal Muscular Atrophy
26/05/2026
Follow Us :
  • News
  • Politics
  • Economy
  • Social
  • Culture
  • Health
  • Infra
  • Tech
  • Sports

The Capital Connect

Categories

Culture

9

Exhibitions

1

Health

15

Tourism

11

Contact us

Abu Dhabi - United Arab Emirates admnews.ae@gmail.com +97150-10-60-480

Follow Us

logo logo
  • News
  • Politics
  • Economy
  • Social
  • Culture
  • Health
  • Infra
  • Tech
  • Sports
Property

Modon announces sell-out of Tara Park on Reem Island for AED2 billion

  • 29/04/2026
  • Less than a minute

out of Tara Park, a residential development on Reem Island, with the project generating approximately AED2 billion in sales.

The milestone reflects strong investor confidence and sustained demand, underscoring the emirate’s growing position as a global safe-haven investment destination.

Tara Park comprises six residential towers with 834 apartments. Connected to Reem Mall, the towers are interlinked by an active podium that connects residents to a wide range of amenities.

“Tara Park further validates Modon’s disciplined, market-driven approach, connecting a prime location and thoughtful placemaking to generate sustainable urban growth and long-term value,” said Bill O’Regan, Group CEO of Modon Holding. “We continue to see strong demand across the market, which speaks to the confidence that local and international buyers continue to place in Abu Dhabi, particularly for projects where clear attention to quality of life supports future investment potential.”

Ibrahim Al Maghribi, CEO of Modon Real Estate, said, “The sell-out of Tara Park sends a clear signal. Buyers are not hesitating. Buyers are making considered, long-term decisions. Tara Park was designed with clear buyer priorities and needs in mind, and the market response has validated that approach entirely.”

Related Post

Abu Dhabi to Increase Use of Locally Made Building Materials in Housing Projects to 80%

Abu Dhabi Projects and Infrastructure Centre (ADPIC) and Abu Dhabi Housing Authority (ADHA) have signed a Memorandum of Understanding (MoU) at ‘Make it in the Emirates 2026’, the nation’s flagship industrial platform, to increase reliance on locally manufactured building materials across housing projects in Abu Dhabi to up to 80%. The agreement will benefit manufacturers […]
9 May 2026 - 8:42 PM

‘ministry of Economy’, ‘emirates Nuclear Energy’ Partner to Protect Intellectual Property, Patents

The Ministry of Economy and Tourism and the Emirates Nuclear Energy Company (ENEC) signed a Memorandum of Understanding to enhance cooperation in intellectual property (IP) and patents in the nuclear energy sector, in the presence of Abdullah bin Touq Al Marri, Minister of Economy and Tourism. Signed during the Make it in the Emirates 2026 […]
6 May 2026 - 1:49 PM

ADREC Reveals Latest Property Market Performance Indicators in Abu Dhabi

The Abu Dhabi Real Estate Centre (ADREC), the entity responsible for regulating the real estate sector in the Emirate of Abu Dhabi, has revealed the latest performance indicators of the emirate’s property market over the past eight weeks, as part of ongoing efforts to enhance sector transparency and provide a clearer reading of market trends […]
4 May 2026 - 3:36 PM

Aldar Q1 net profit rises 20% to AED2.3 billion

Aldar Group recorded strong financial and operational results during the first quarter of 2026, with net profit after tax increasing 20 percent year-on-year (YoY) to AED2.3 billion, driven by the realisation of development revenue backlog and resilient earnings from a diversified, defensive investment properties portfolio. Earnings per share for the Q1 2026 period increased 25 […]
28 Apr 2026 - 11:51 AM
  • Recent
  • Popular
  • Comment

UAE Banks Waive AED 834 Million for Low-Income Retirees

Core42 raises US$550 million from HSBC to scale global AI infrastructure

‘Experience Abu Dhabi’ to launch community poetry experience

Abu Dhabi Customs develops integrated sustainability framework to strengthen its corporate strategy

Under directives of UAE President, Crown Prince of Abu Dhabi approves AED1.54bn housing benefits package for citizens ahead of Eid Al Adha

Abu Dhabi Department of Culture and Tourism Hosts 2nd Ghaitah Al Ain Festival

Abu Dhabi Launches Phase Two Of Our Community Is Prepared Campaign To Boost Resilience

UAE Banks Waive AED 834 Million for Low-Income Retirees

Cyber Security Council warns against downloading, using fake applications

A promising professional future for members of Zayed Authority for People of Determination

POPULAR NEWS

Finance

UAE Banks Waive AED 834 Million for Low-Income Retirees

26/05/2026
Finance

Core42 raises US$550 million from HSBC to scale global AI infrastructure

25/05/2026
Tourism

‘Experience Abu Dhabi’ to launch community poetry experience

25/05/2026
Renewable

Abu Dhabi Customs develops integrated sustainability framework to strengthen its corporate strategy

25/05/2026

HOT CATEGORIES

Exhibitions

1

Tourism

11

Transport

10

Tags

ADEC AD Mobility ADNEC AD Police AD Ports Group Al Ain Al Dhafra DCT DMT EAD Etihad Rail MBZUAI UAEU Yas Island Zayed University
Experience the city shaping the world, uncover what makes Abu Dhabi distinctive, and stay updated on its most compelling events and experiences.

Recent Posts

UAE Banks Waive AED 834 Million for Low-Income Retirees

Core42 raises US$550 million from HSBC to scale global AI infrastructure

Categories

Culture

Economy

Environment

Events

Health

Municipal

Modon announces sell-out of Tara Park on Reem Island for AED2 billion

Science

Security

Social

Sports

Tech

Tourism

Instagram

EDE welcomes Novo Nordisk’s decision to establish UAE pharmaceutical distribution hub
31st IRENA Council ushers new era of global energy transition
Etihad launches flights to Salalah
NYU Abu Dhabi launches AI-powered sign language translation system
Mal receives in-principle approval for bank licence from CBUAE
ISNR 2026 reinforces UAE’s position as global hub for security events: Group CEO of ADNEC Group
© 2026 ADM NEWS