MUHEIRA 2

Muheira 2 sits within Muheira, the Modon Properties development on Al Reem Island in Abu Dhabi. Modon describes the site as within easy walking distance of Abu Dhabi Global Market, the capital's international financial district. The towers directly front a waterfront promenade fitted with jogging and cycling tracks and outdoor fitness stations.

The developer is Modon Properties. Modon presented Muheira as its first freehold residential towers on Al Reem Island, launching the scheme on 23 May 2025 and confirming that all 475 apartments across the two towers sold on the launch day, generating approximately AED 1 billion in sales value.

Modon publishes three layouts. One bedroom apartments range from 74 to 86 sq m, roughly 797 to 926 sq ft, at AED 1,600,000. Two bedroom apartments range from 113 to 156 sq m at AED 2,800,000, and three bedroom apartments from 188 to 240 sq m at AED 4,300,000. Coverage of the launch reported opening prices from AED 1,200,000.

Modon publishes a 50/50 payment plan. Half of the purchase price is paid in stages across the construction period, beginning with the Down Payment, and the remaining half falls due at handover. The exact Down Payment percentage and the instalment schedule are not published by the developer, so current terms should be confirmed before reserving.

Modon gives handover as Q2 2029 for all apartment types at Muheira. That timeline applies across the one, two and three bedroom layouts in both towers. Under the published 50/50 plan, the second half of the purchase price falls due at that completion point rather than being spread beyond handover.

Modon lists a 25 metre lap pool, a gym and yoga studio, a padel court, a cinema room, a children's playroom, a children's play area, a children's pool, an outdoor lounge, BBQ and picnic areas, outdoor fitness, and a roof terrace with a BBQ garden. The developer has also confirmed a podium level adult pool and a rooftop pool and terrace.

Modon markets Muheira as a freehold development and states that it invites both local and international investors to secure property on Al Reem Island, one of Abu Dhabi's designated investment zones. Modon also notes that a purchase above AED 2,000,000 meets the threshold for the ten year UAE Golden Visa, which the published two and three bedroom prices exceed.

Both, for different reasons. The one bedroom homes are aimed at investors serving the tenant demand created by Abu Dhabi Global Market and the island's offices. The two and three bedroom homes, with their larger floor areas and family facilities including the pools, playroom and padel court, are better suited to owner occupiers. The launch day sell out is the clearest read on demand.