Modon awards $272mn construction contract
The contract is for the construction of two modern and fully integrated residential communities – Mayar and Thoraya
Developer Modon has awarded a US $272mn contract for the execution of its Maysan project to Trojan Construction Group. The project is taking shape on Reem Island in Abu Dhabi.
According to the firm, the contract is for the construction of two modern and fully integrated residential communities within Maysan – ‘Mayar’ and ‘Thoraya’.
The move is said to showcase Modon’s commitment to delivering long-term sustainable value and meeting the highest international standards.
The first district, Mayar, will comprise 60 townhouses and 132 stacked maisonettes – a new concept in Abu Dhabi – nestled within a secure, gated community, the developer said.
The second district, Thoraya, features 184 architecturally stunning townhouses, guarded by a private entrance that ensures both exclusivity and security. When complete, the project will benefit from seamless access to the beach, landscaped parks, and a vibrant community centre, it added.
