Maysan phase 1 by Modon Properties on Al Reem Island was sold out within hours.
Abu Dhabi-based Modon Properties has announced the complete sells-out of phase one of its high-end residential development, Mayson On Reem Island within just a few hours of its launch. This impressive achievement highlights the strong demand for quality housing in the area and Modon’s ability to deliver exceptional projects.
Modon Properties is known for creating innovative and luxurious residential communities, and Maysan is no exception. This new development offers a blend of modern design and natural beauty, making it a highly desirable place to live. The swift sell-out of phase one is a testament to the appeal of Maysan and the trust that buyers have in Modon’s developments.
Maysan is designed to offer a boutique style inside/outside living experience, featuring 132 stacked maisonettes and 185 townhouses. The development spans over 600,000 square meters and aims to reimagine urban living by addressing gaps in the property market in the heart of Abu Dhabi. This unique approach has clearly resonated with buyers, leading to the rapid sell-out of phase one.
The first phase of Maysan includes two distinct districts: Mayar and Thoraya. Mayar introduces stacked maisonettes to Abu Dhabi, offering a secure, gated community with spacious homes ideal for families. Thoraya features architecturally stunning townhouses, providing a blend of modern living and resort-style amenities. The variety of housing options ensures that there is something for everyone, catering to different tastes and lifestyles.
Maysan targets a diverse range of consumer segments, including families, professionals, investors, and expats. The development offers curated lifestyle amenities, a community center, beach access, and park access, ensuring a holistic living environment. The emphasis on community and well-being makes Maysan an attractive choice for those looking to settle in Abu Dhabi.
The rapid sell out of phase one reflects the high demand for quality residential options on Reem Island. Bill O’Regan, Group CEO of Modon Holding, stated, “With Maysan, we seek to reimagine urban living and address gaps in the property market in the heart of the city.” Ibrahim Al Maghribi, CEO of Modon Real Estate, added, “We are proud to see the high demand for phase one of the development, which brings brand-new residential offerings into the mix.” The strong interest from buyers indicates that Modon has successfully identified and addressed a need in the market.
Once completed, Maysan will comprise six distinct residential districts with spacious homes ranging from three to five-bedroom units. The development aims to create vibrant communities across Abu Dhabi, positioning the UAE capital as one of the world’s best places to live, invest, and work. The focus on creating high-quality living spaces and fostering a sense of community is at the heart of Modon’s vision for Maysan.
The success of Maysan phase one is a positive sign for the future of the project. The quick sell-out demonstrates that there is a strong demand for the type of housing and lifestyle that Maysan offers. This bodes well for the upcoming phases, which are expected to continue attracting high levels of interest from buyers.
In conclusion, the sell-out of Maysan Phase 1 on Reem Island within hours is a testament to Modon’s commitment to delivering high-quality residential projects that meet the needs of a diverse range of buyers. With its innovative design, luxurious amenities, and prime location, Maysan is set to become a landmark development on Reem Island, contributing to the long-term growth and prosperity of Abu Dhabi. The future phases of Maysan are highly anticipated, and the development is expected to continue attracting strong interest from both local and international buyers. Keep an eye on Maysan as it promises to set new standards for luxury living in Abu Dhabi.
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