Modon Properties
Two towers within walking distance of ADGM — one, two and three-bedroom apartments averaging AED 1.6 million for a one-bed, with a 50/50 plan and a Q2 2029 handover.
This is the cleanest data set in Modon’s Abu Dhabi portfolio, and it is worth knowing why: the developer publishes average prices by unit type — AED 1.6 million for a one-bedroom, AED 2.8 million for a two, AED 4.3 million for a three — with sizes and a 50/50 plan. The listing portal carries no usable record for Muheira at all. Where the two sources normally disagree, here there is only one, and it is the developer’s.
Muheira is Modon’s apartment play on Reem Island: two residential towers of one, two and three-bedroom homes, positioned within walking distance of the Abu Dhabi Global Market financial district. It is compact, urban and unapologetically aimed at people who work in the city.
The design is contemporary and the layouts are generous by Dubai or Abu Dhabi standards: a one-bedroom from 74 to 86 sq m, a two-bedroom from 113 to 156, a three-bedroom from 188 to 240. Large windows and balconies are the selling point, and the taller units get city views over the island and back towards downtown.
What to weigh. First, the price. At an average AED 1.6 million for a one-bedroom, Muheira is priced close to Reem Hills’ entry and below most new ADGM-adjacent stock. Per square foot, a 80 sq m one-bed at AED 1.6 million is about AED 1,860 per square foot — reasonable for a new tower on the island, and competitive with Dubai’s Business Bay.
Second, the tenant pool. Muheira’s location is its entire investment case: ADGM has become the centre of Abu Dhabi’s financial industry, and its employees need somewhere to live within a walk. That is a real, durable rental driver, and it is stronger than a beach or a golf course because it renews every year.
Third, the competition. Reem Island is where every Abu Dhabi developer is currently building apartments — Tara Park sold out, Reem Hills is delivering, and Aldar and Reportage are both active. When you come to let or sell, you will be one of many similar units. Buy the best floor and the best view in the building, not the cheapest unit.
Fourth, the plan. 50/50 is straightforward: half during construction, half at handover in Q2 2029. That is three years of payments, which is long enough to be a real commitment and short enough not to feel like a decade.
Compiled November 2026 from Modon’s Muheira project page (tower count, unit types, size ranges, average prices by type, the 50/50 plan, the Q2 2029 handover, amenities and the ADGM location) and the listing portal, which carries no usable Muheira record.
Modon publishes sizes and average prices by type, which is more than most Abu Dhabi developers will give you. The averages are not a price list — individual units move with floor and view — but they are close enough to plan from.
| Type | Size | Average price | Per sq m (approx.) |
|---|---|---|---|
| 1 bedroom | 74–86 sq m | AED 1.6 million | AED 19,700 |
| 2 bedrooms | 113–156 sq m | AED 2.8 million | AED 20,700 |
| 3 bedrooms | 188–240 sq m | AED 4.3 million | AED 20,000 |
The per-square-metre figures are consistent across the three types, which tells you Modon is pricing on area rather than pushing a premium onto the larger units. That is fair pricing and it makes comparison easy: a two-bedroom at the top of the size range should cost about what a small three-bedroom costs.
Ask for the unit list with floor, view and orientation. In a two-tower scheme the same type can face the city, the courtyard or a neighbouring building, and the difference in light and outlook is worth paying a modest premium for. Then check the service charge, which on a tower with a 25 m lap pool, a cinema room and a padel court will not be trivial.
Compare with Reem Hills apartments (from AED 1.5 million for a one-bed) and with resale on the island. Muheira’s premium is location and newness; make sure you are getting both.
Modon publishes a 50/50 plan: half during construction, half at handover. The portal carries no plan for Muheira at all.
| Stage | Share (developer) | Note |
|---|---|---|
| On booking | Typically 10% | Confirm in the SPA |
| During construction | To 50% | Instalments across three years |
| On handover | 50% | Cash or mortgage |
| Registration | 2% + admin | Abu Dhabi Municipality transfer fee |
A 50% final payment on a Q2 2029 handover gives you three years to arrange finance, which is comfortable. It also means the mortgage decision matters less than the reservation decision: the money you commit early is the money you cannot get back if your circumstances change.
Ask how the construction half is spaced, whether it is tied to milestones, and what the SPA says if the building is delivered late. On a two-tower scheme, phase one may complete before phase two — check which tower you are in.

The amenity list is unusually complete for a two-tower scheme: a 25-metre lap pool, a gym and yoga studio, outdoor fitness stations, a padel court, children’s playrooms and an outdoor play area, BBQ and picnic areas, an outdoor lounge, a roof terrace with a BBQ garden, and a cinema room.
For a professional renting in ADGM, the lap pool, the gym and the padel court are the three that matter — they are the amenities that justify a premium rent over an older Reem Island tower. For an owner, they are also the three that drive the service charge, so ask what each costs to run.
The cinema room and private dining are the flourish. Nice to have, rarely used, and not a reason to buy. Judge the building on the pool, the gym and the lobby.
Muheira is on Al Reem Island, within what Modon describes as easy walking distance of ADGM, the Abu Dhabi Global Market financial district. That is the whole point of the address: a short walk to work, a short drive to Reem Mall and the Corniche, and a fifteen-minute hop into downtown.
Al Reem is the most urban of Abu Dhabi’s island districts. It has shops, schools, clinics and restaurants of its own, and it is connected to the city by three bridges rather than one. For anyone who has lived in Dubai, it is the closest thing Abu Dhabi has to a Business Bay or a JLT — dense, convenient and busy.
The trade-off is the same as in those districts: traffic at peak hours, construction around you for a few more years, and no beach. If you want the beach, Modon will sell you Hudayriyat; if you want to walk to ADGM, this is the building.
A two-tower residential development by Modon on Al Reem Island in Abu Dhabi, offering one, two and three-bedroom apartments within walking distance of the Abu Dhabi Global Market financial district.
Modon publishes average prices of about AED 1.6 million for a one-bedroom, AED 2.8 million for a two-bedroom and AED 4.3 million for a three-bedroom. Individual units vary with floor and view.
One-bedrooms run from 74 to 86 sq m, two-bedrooms from 113 to 156 sq m and three-bedrooms from 188 to 240 sq m, according to the developer’s factsheet.
A 50/50 plan, with half paid during construction and half on handover. Confirm the instalment dates in the sale and purchase agreement.
Q2 2029, according to Modon.
Modon describes the towers as within easy walking distance of the Abu Dhabi Global Market financial district, and close to the capital’s retail and wellbeing amenities.
Yes, Muheira is a freehold development open to all nationalities, and investments above AED 2 million typically qualify for the 10-year Golden Visa.
It is the most straightforward apartment proposition Modon sells: published sizes and prices, a 50/50 plan, and a location that walks to the financial district. The risks are the volume of competing new apartments on Reem Island and a service charge that funds a pool, a padel court and a cinema.
One enquiry, answered by a person. Current price list, unit availability, service-charge estimate and our honest read on the numbers — within one working day.