Tuesday, 02 January 2024 12:17 GMT

Modon Awards Dh5bn Hudayriyat Villas Contract


(MENAFN- The Arabian Post)

Abu Dhabi-based developer Modon Holding has awarded a Dh5 billion main construction contract for two large residential communities on Hudayriyat Island, underlining the pace of high-end housing development in the capital's waterfront corridor. The award covers Nawayef East and Nawayef West and involves the delivery of 735 luxury villas, the company disclosed in a filing to the market.

The projects sit within the Nawayef master plan on Hudayriyat Island, a fast-emerging leisure and residential destination positioned south-west of Abu Dhabi city. According to the disclosure to the Abu Dhabi Securities Exchange, the scope includes full construction works for villas arranged across contoured terrain, infrastructure and associated public realm elements.

A Dh5bn contract signals Hudayriyat's upscale push reflects the company's ambition to differentiate the developments through topography and views. The villas are designed to sit on man-made hills reaching approximately 45 metres at Nawayef East and 55 metres at Nawayef West, a feature intended to create elevated vistas over the coastline and city skyline while allowing varied architectural expressions across plots.

Modon has positioned Nawayef as a low-density, high-specification address, with large plots, landscaped streets and access to beaches, sports facilities and hospitality assets already operating on Hudayriyat Island. The island has been developed in phases with cycling tracks, surf facilities and waterfront promenades, helping broaden its appeal beyond a traditional residential enclave.

The scale of the contract highlights the developer's execution strategy as it advances multiple communities simultaneously. While Modon did not name the contractor in the exchange filing, the value and scope place the award among the larger residential construction packages announced in Abu Dhabi this year, reflecting sustained demand for premium villas from end-users and investors.

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Market participants note that villa-led schemes have remained resilient in Abu Dhabi, supported by population growth, long-term residency reforms and the emirate's positioning as a safe-haven destination for global capital. Developers have increasingly focused on differentiated offerings-waterfront access, wellness amenities and architectural variety-to capture demand at the upper end of the market.

Nawayef East and West are planned as complementary neighbourhoods within a broader island vision. The contoured landscape allows for stepped massing and privacy between homes, while road alignments and landscaping are designed to minimise visual intrusion. Villa typologies are expected to range across multiple bedroom configurations, with private gardens and terraces oriented to maximise views from elevated plots.

The award also feeds into the construction sector's pipeline at a time when contractors are balancing robust order books with rising costs and labour management. Large, clearly defined packages are often favoured by developers seeking certainty on timelines and delivery standards, particularly for projects targeting discerning buyers.

Modon's disclosure aligns with a series of capital investments across Abu Dhabi's real estate market, where master developers have advanced island and waterfront communities to diversify housing supply. The emirate's planning authorities have emphasised integrated development, ensuring transport links, leisure assets and public spaces are delivered alongside homes.

Industry analysts say the use of engineered topography at Nawayef could set a benchmark for future coastal projects in the region, where flat sites have traditionally dominated. Creating hills adds complexity to design and construction but offers differentiation in a competitive luxury segment.

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The Arabian Post

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