Modon has announced the sell-out of Tara Park, a residential development on Reem Island, with the project generating approximately $544 million (AED 2 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 consists of six residential towers, offering 834 apartments in one-, two-, and three-bedroom layouts. The towers are seamlessly connected to Reem Mall, with an active podium linking them to a variety of amenities for residents.
Bill O’Regan Group CEO – Modon
“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. 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.”
“The sell-out 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,” noted Ibrahim Al Maghribi, CEO of Modon Real Estate.
According to the statement, Tara Park also offers easy access to Fay Park, Sorbonne University Abu Dhabi, and Repton School, alongside proximity to Abu Dhabi’s international financial hub, Abu Dhabi Global Market (ADGM), The Galleria Mall, and the wider city. The development reflects Modon Real Estate’s people-centric approach to creating connected communities that enhance quality of life.
