Modon sells out 834-unit Tara Park residences on Reem Island
Tara Park comprises 6 residential towers with 834 apartments across 1-to-3-bedroom layouts, with a connection to Reem Mall
Modon has announced the sell-out of Tara Park, a residential development on Reem Island, with the project generating US $544mn in sales.
Tara Park comprises 6 residential towers with 834 apartments across 1-to-3-bedroom layouts. Connected to Reem Mall, the towers are interlinked by an active podium that connects residents to a wide range of amenities.
Tara Park also offers easy access to Fay Park, Sorbonne University Abu Dhabi and Repton School, alongside proximity to Abu Dhabi’s international financial hub, Abu Dhabi Global Market (ADGM), The Galleria Mall, and the wider city, the statement said.
Group CEO Bill O’Regan said, “Tara Park further validates Modon’s disciplined, market-driven approach, connecting a prime location and thoughtful place-making to generate sustainable urban growth and long-term value.”
“We continue to see strong demand across the market, which speaks to the confidence that local and international buyers continue to place in Abu Dhabi, particularly for projects where clear attention to quality of life supports future investment potential,” he stated.
Modon said the milestone reflects strong investor confidence and sustained demand, underscoring the emirate’s growing position as a global safe-haven investment destination.
Ibrahim Al Maghribi, CEO of Modon Real Estate said the sell-out of Tara Park sends a clear signal.
“Buyers are not hesitating. Buyers are making considered, long-term decisions. Tara Park was designed with clear buyer priorities and needs in mind, and the market response has validated that approach entirely,” he concluded.
