Abu Dhabi, UAE — Abu Dhabi master developer Modon has awarded a construction contract worth AED 1 billion to Trojan Construction Group for the Maysan project on Reem Island, underscoring continued confidence in the UAE’s residential sector even as Dubai real estate remains the primary magnet for regional and Indian capital.
The Maysan scheme forms part of a broader wave of mixed-use and waterfront communities that are reshaping Abu Dhabi’s urban core while complementing investment opportunities traditionally concentrated in Dubai’s freehold zones.
According to Modon, the contract covers two residential districts within Maysan, Mayar and Thoraya, both positioned as modern, fully integrated communities targeting end users and long-term investors.
Also read: Modon Bashayer Hudayriyat Island Investment Sells Out in 24 Hours – AED 3B Frenzy!
The developer said the agreement supports its commitment to long-term sustainable value creation and adherence to international building and community standards, aligning with the UAE’s wider push for liveable, family-focused neighbourhoods.
Inside Maysan’s Mayar and Thoraya communities
The first district, Mayar, will comprise 60 townhouses and 132 stacked maisonettes, which Modon describes as a new concept for Abu Dhabi residential living. These units are planned within a secure, gated layout, with resort-style amenities and private outdoor spaces aimed at families and professionals seeking more space than typical apartment stock.
The second district, Thoraya, will feature 184 townhouses accessed through a private entrance, with residents enjoying planned connectivity to the beach, landscaped parks and a community centre once the wider Maysan master plan is complete. Marketing materials indicate that Thoraya will offer three and four-bedroom townhouses with contemporary architecture and communal facilities such as gardens, play areas and fitness spaces.
Abu Dhabi–Dubai dynamics and off-plan demand
Abu Dhabi’s residential market has shown steady price and rent growth, supported by non-oil economic expansion and government incentives, even as Dubai real estate continues to dominate overall transaction volumes. A recent Abu Dhabi residential review reported annual price gains in double digits for apartments and villas, underpinned by end-user demand and a pipeline of more than 10,000 new units forecast for 2025.
Also read: Abu Dhabi Real Estate Transactions Hit AED 54 Billion in H1 2025
Knight Frank’s latest data highlights a sustained increase in Abu Dhabi residential values since 2020, with international buyers showing growing interest in coastal and master-planned communities similar to Reem Island. In parallel, Dubai residential research points to resilient transaction activity and rising values across popular freehold districts, reinforcing the UAE’s position as a hub market for regional and global investors.
Why Maysan matters for Indian and Dubai-focused investors
Indians remain among the largest foreign buyers in Dubai real estate, accounting for roughly a fifth or more of deals in recent years as they seek tax-efficient, income-generating assets in a stable jurisdiction. For these buyers, Abu Dhabi’s Maysan on Reem Island offers a complementary option to Dubai’s waterfront and mid-luxury townhouse communities, particularly for investors willing to consider a multi-city UAE portfolio.
Townhouse-led projects such as Mayar and Thoraya are likely to appeal to end users and yield-focused investors targeting family tenants, with the gated layout and access to beaches and parks supporting rental premiums over standard apartment stock. For Indian buyers accustomed to Dubai real estate, the freehold-style structure, long-term residency pathways and relative value in Abu Dhabi’s emerging communities could provide diversification while maintaining exposure to the UAE’s broader growth story.
Discover more from Invest Dubai Today - Dubai Realty Insights
Subscribe to get the latest posts sent to your email.
