Developer benchmark · July 2026

Modon off-plan projects: AED 1,894/sqft

Modon has 25 off-plan projects in our July 2026 dataset across 2 communities (most in Hudayriyat Island, Al Reem Island), ranking #19 by project count among UAE developers we track.

Across 64 priced unit records the median asking price is AED 1,894 per sqft (6% below the Dubai-wide off-plan median), with the middle half between AED 1,597 and AED 2,240.

The median unit is AED 4.36M for 2,496 sqft.

Modon payment plans typically ask 10% on booking and 40% before handover.

Its heaviest handover year is 2029 with 9 projects due.

#19 of 391 developers by projects#90 of 208 by AED/sqft25 projects64 priced unitsAbu Dhabi 25

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Median AED/sqft

1,894

p25 1,597 to p75 2,240

Median asking price

AED 4.36M

for a median 2,496 sqft unit, in the AED 3M to 5M band

Paid before handover

40%

median of 18 payment plans

Communities

Hudayriyat Island, Al Reem Island

4 of 6 measures have the evidence to publish

Scorecard

25 off-plan, 0 on record as delivered

Completions on record

none in this corpus

Live off-plan

2 communities, 64 priced units

Price against neighbours

not measured

needs 5 comparable projects

Payment plan discount

7.70%

median of 17 priced schedules, market 5.26%

Measure	This developer	Base	What it says, and does not
Completions on record	0	25 off-plan	No completed building by this name appears in the corpus. That is not the same as never having delivered: see the note below.
Past its stated handover	0 of 25	0% vs 6% market	Off-plan projects whose own published handover date has passed while the source still records them as under construction. One observation cannot separate a delayed building from a listing nobody refreshed, so this is a flag to check, not a finding.
Payment plan discount	7.70%	17 schedules	How much less the unit costs in today’s money than its headline, once the published schedule is discounted. Market median 5.26%. Terms, not price: the full ranking.
Community footprint	2 communities	25 located projects	A concentrated book: 76% of it sits in Hudayriyat Island. Concentration is a fact about exposure, in either direction, not a verdict.
Listing completeness	82%	25 off-plan	Share of five listing facts published across its own projects: price 92%, handover date 100%, unit inventory 72%, payment plan 68%, coordinates 76%. Market 86%. This scores disclosure, not the buildings.

Not measured here: price against neighbours. Each of those needs a base this developer does not reach in the corpus, and a thin number is worse than none.

The scorecard does not measure whether Modon hands over on time. Every project in this corpus carries one handover date, the date its listing stated when we read it. There is no separately recorded original announced date and no earlier reading of the same project to compare against, so no on-time rate can be computed, and we publish none rather than a proxy. The completions column is also bounded by what the corpus can see: 1,034 of the 1,087 delivered buildings on record handed over in 2020 or later (96%), and the corpus only sees projects that were listed on the portals we read, so an absent completion is an absence of evidence rather than evidence of absence. Full definitions, queries and limitations: methodology.

Distribution of asking price per sqft

Where the prices sit

64 units, 2nd to 98th percentile

Min

956

p25

1,597

Median

1,894

Mean

1,989

p75

2,240

Max

5,118

16 of the 64 records are individual units with a listed price and size; the rest are unit-type starting prices. See methodology.

Price, size and AED/sqft

By bedroom count

Type	Units	Median AED/sqft	p25 to p75	Median price	Median size	Entry (p25 price)
1 BR	5	2,184	1,929 to 2,348	AED 2,350,000	1,001 sqft	AED 1,680,000
2 BR	21	1,858	1,431 to 2,091	AED 3,167,755	1,722 sqft	AED 2,885,210
3 BR	11	1,838	1,565 to 2,025	AED 4,100,000	2,228 sqft	AED 3,680,000
4 BR	10	1,779	1,658 to 2,066	AED 6,900,000	3,982 sqft	AED 6,300,000
5 BR	6	2,004	1,533 to 2,231	AED 19,392,075	7,658 sqft	AED 11,446,038
6+ BR	11	2,710	2,003 to 2,744	AED 26,964,000	11,361 sqft	AED 26,556,000

By property type (median AED/sqft): Apartment 1,882 (37), Villa 2,003 (20), Townhouse 2,232 (4), Penthouse 1,790 (3).

From 18 published plans

Payment plan norms

Median Modon structure

35%

60%

Dubai-wide median structure

20%

40%

30%

On bookingDuring constructionOn handoverPost-handover

Medians are computed stage by stage, so bars may not sum to exactly 100. Plans with a stated total outside 90 to 110% are excluded.

On booking

10%

range 5% to 10%

Before handover

40%

range 40% to 50%

Post-handover plans

share of plans

50% or less pre-handover

89%

share of plans

Scheduled handovers by quarter

Delivery pipeline

Q4 '26

Q3 '27

Q4 '27

Q1 '28

Q3 '28

Q4 '28

Q1 '29

Q2 '29

Q3 '29

Q4 '29

Q2 '30

Q3 '30

By year: 2026 (1), 2027 (7), 2028 (5), 2029 (9), 2030 (3). Construction status: under construction 20, not stated 5.

2 communities

Where Modon builds

Hudayriyat Island 19 Al Reem Island 6

25 tracked

Every Modon off-plan project

Open in the index

Project	Community	Type	From	Median AED/sqft	Pre-handover	Handover	Status
Bashayer Residences	Hudayriyat Island	Apartment, Penthouse, Villa	AED 3.68M	2,091	50%	Q4 2029	On sale
Nawayef Park Views	Hudayriyat Island	Apartment	AED 2.00M	1,430	60%	Q1 2028	Sold out
Nawayef West Heights	Hudayriyat Island	Apartment, Villa	AED 20.0M	2,003	40%	Q4 2026	On sale
Bashayer Residences 5 & 6	Hudayriyat Island	Apartment, Penthouse, Townhouse	AED 2.50M	2,340	50%	Q2 2030	On sale
Hudayriyat Golf Estate	Hudayriyat Island	Townhouse, Villa	AED 26.6M	2,744	40%	Q3 2030	On sale
Tara Park 2 by Modon	Al Reem Island	Apartment	AED 1.68M	1,677	40%	Q2 2030	On sale
Muheira Maysan by Modon	Al Reem Island	Apartment	AED 2.83M	1,915	40%	Q2 2029	On sale
Tara Park	Al Reem Island	Apartment	AED 2.69M	1,682	40%	Q4 2029	On sale
Nawayef Village	Hudayriyat Island	Townhouse, Villa	AED 4.10M	2,187	50%	Q1 2029	On sale
Bashayer Villas	Hudayriyat Island	Villa	AED 6.00M	1,490	50%	Q3 2028	On sale
Al Naseem Villas	Hudayriyat Island	Villa	AED 8.00M	956	40%	Q3 2027	Sold out
Nawayef East A	Hudayriyat Island	Villa	AED 6.60M	1,658	40%	Q3 2027	Sold out
Nawayef East B	Hudayriyat Island	Villa	AED 6.60M	1,658	40%	Q3 2028	On sale
Al Naseem Community	Hudayriyat Island		AED 7.80M	n/a	n/a	Q4 2027	Not stated
Bashayer Residences 1&2	Hudayriyat Island	Apartment, Penthouse	AED 2.35M	n/a	n/a	Q4 2029	On sale
Bashayer Residences 3 and 4	Hudayriyat Island	Apartment	n/a	n/a	n/a	Q3 2029	On sale
Bashayer Villas Phase 2	Hudayriyat Island	Villa	AED 7.20M	n/a	50%	Q1 2029	On sale
Mayar	Al Reem Island		AED 3.30M	n/a	n/a	Q4 2027	Not stated
Muheira by Modon	Al Reem Island		AED 1.60M	n/a	n/a	Q2 2029	Not stated
Nawayef Mansions by Modon Properties	Hudayriyat Island		n/a	n/a	40%	Q3 2027	Sold out
Nawayef Village Townhouses	Hudayriyat Island		AED 4.10M	n/a	n/a	Q1 2029	Not stated
Nawayef West B	Hudayriyat Island	Villa	AED 6.60M	n/a	n/a	Q1 2028	On sale
Nawayef West by Modon Properties	Hudayriyat Island		AED 6.00M	n/a	40%	Q3 2027	Sold out
Thoraya	Al Reem Island		AED 3.70M	n/a	n/a	Q4 2027	Not stated
Wadeem by Modon	Hudayriyat Island	Villa	AED 3.70M	n/a	50%	Q4 2028	On sale

Project facts (name, community, starting price, handover, payment plan) are as published by the developer. Median AED/sqft is our computation over that project's priced units.

Compare on AED/sqft

Developers at a similar price point

Developer	Projects	Priced units	Median AED/sqft	vs Modon	Pre-handover
Expo City Dubai	13	97	1,905	+1%	62%
Citi	7	58	1,872	-1%	50%
CITYVIEW	5	77	1,918	+1%	40%
Pantheon	7	209	1,858	-2%	60%
One	5	188	1,855	-2%	50%
Saas	7	146	1,850	-2%	50%

FAQ

Questions this data answers

What is Modon's average off-plan price per sqft?+

Across 64 priced units in 18 Modon projects (July 2026), the median asking price is AED 1,894 per sqft, with the middle half between AED 1,597 and AED 2,240.

Where is Modon building off-plan?+

Modon has projects in 2 communities. The largest concentrations are Hudayriyat Island (19), Al Reem Island (6).

What payment plan does Modon usually offer?+

Across 18 published Modon payment plans the median structure is 10% on booking, 35% during construction and 60% on handover, so 40% before keys. 0% of plans include post-handover instalments.

When are Modon's off-plan projects handing over?+

Scheduled handovers by year: 2026: 1, 2027: 7, 2028: 5, 2029: 9, 2030: 3. Dates are as published by the developer and can move.

How much does a Modon off-plan unit cost?+

1 BR: median AED 2,350,000 for 1,001 sqft; 2 BR: median AED 3,167,755 for 1,722 sqft; 3 BR: median AED 4,100,000 for 2,228 sqft; 4 BR: median AED 6,900,000 for 3,982 sqft; 5 BR: median AED 19,392,075 for 7,658 sqft; 6+ BR: median AED 26,964,000 for 11,361 sqft.

The notes behind the numbers on this page