Modon Reem Contract, which is $272 million construction contract to Trojan construction Group for the Maysan project on Reem Island. The agreement covers the execution of two key residential districts, Mayar and Thoraya. Teams begin site preparation immediately after the signing ceremony.
Project Scope Takes Shape
Modon Properties hands the main construction works to Trojan Construction Group in this initial phase. The AED 1 billion deal targets 132 stacked maisonettes in Mayar and 184 townhouses in Thoraya. Developers aim to finish the full 600,000 sq m masterplan by the fourth quarter of 2027. Trojan handles the core structures while Modon oversees the overall vision.
Prime Location Draws Buyers
Reem Island positions Maysan right in the heart of Abu Dhabi. Mayar stacks maisonettes to blend private indoor spaces with easy outdoor access. Thoraya delivers gated townhouses close to landscaped gardens, fitness centers, and children’s play zones. The setup appeals to families seeking convenience and community.
Partnership Drives Progress
Modon Properties advances its freehold offerings available to all nationalities. Trojan Construction Group applies experience from major UAE developments to meet deadlines. Company leaders praise the collaboration as vital for Abu Dhabi’s housing expansion. Both sides commit to quality and speed in delivery.
Amenities Enhance Living
Maysan residents enjoy pools, clubhouses, and jogging tracks across the site. Green corridors connect Mayar and Thoraya for seamless movement. Parks and retail spaces round out the boutique lifestyle. The project aligns with Abu Dhabi’s push for modern, resident-focused communities.
Market Impact Grows
The contract signing marks a milestone for Reem Island’s transformation. Modon Properties launched Maysan phase one earlier, drawing strong investor interest. Trojan’s involvement ensures robust execution amid rising demand for mid-market homes. Analysts note the deal boosts confidence in Abu Dhabi’s real estate pipeline.
Execution Timeline Set
Site works kick off right away with the foundation laying next. Trojan deploys teams for structural framing over the coming months. Modon Properties monitors progress to hit handover targets. The phased approach lets early buyers move in by late 2027.
Developer Vision Realized
Modon Properties builds Maysan as a benchmark for integrated living. Stacked units in Mayar cater to young professionals and small families. Thoraya townhouses target those wanting more space and privacy. Shared facilities foster a sense of neighborhood.
This $272 million award underscores Modon’s aggressive development pace. Trojan Construction Group steps up with proven capabilities. Reem Island gains another landmark as Abu Dhabi expands its urban footprint. The Maysan project promises lasting value for homeowners and investors alike.
