UAE Focus

Modon officials discuss the new residential project.

Modon officials discuss the new residential project.

Modon to develop $626m residential project

January 2020

Modon Properties (Modon), a development company mandated by the Abu Dhabi government to build vibrant and sustainable communities and develop strategic mixed-use projects, has been given the go-ahead to develop a comprehensive residential project at Al Dhanah in Al Dhafra Region.

Announcing the Dh2.3-billion ($626 million) project, Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and chairman of the Emirates Red Crescent (ERC) said it aims to accommodate and serve employees and their families through launching vital projects such as this in the region.

Sheikh Hamdan said Modon Properties has already been assigned to prepare the plans for the housing project. He highlighted the importance of long-term planning and launching development and strategic projects that aim to achieve development, through providing education, housing and community services and reinforcing the stability, prosperity and advancement of the region.

He also pointed out that related projects are currently being implemented in Al Dhafra, in line with the social, economic and development needs of the local community.  

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