Modon launches Wadeem Gardens with up to 75% ADIB off-plan finance

Phase one villa community on Hudayriyat Island; UAE nationals get a non-transferable 5% rebate.

1 October 2026

Modon Holding PSC launched phase one of Wadeem Gardens on Hudayriyat Island on 1 October 2026, offering up to 75% off-plan home finance with Abu Dhabi Islamic Bank. UAE national buyers receive a non-transferable 5% rebate equal to the final handover payment.

• Modon Holding PSC launched phase one of Wadeem Gardens on Hudayriyat Island on 1 October 2026, per an ADX press release.
• Modon said Wadeem Gardens is the first Abu Dhabi villa community to offer up to 75% off-plan home finance with Abu Dhabi Islamic Bank.
• Modon said eligible buyers can receive ADIB pre-approval within two hours at no charge and with no obligation.
• Modon said UAE national buyers receive a non-transferable 5% rebate on the property price, equal to the final 5% payment at handover.
• Wadeem Gardens comprises four-, five- and six-bedroom villas within Modon’s Wadeem masterplan on Hudayriyat Island.

Abu Dhabi — Modon Holding PSC (ADX: MODON) has launched phase one of Wadeem Gardens, a villa community on Hudayriyat Island and the first in Abu Dhabi to offer up to 75% off-plan home finance through Modon’s partnership with Abu Dhabi Islamic Bank (ADIB), according to an ADX press release dated 1 October 2026.

Eligible buyers can receive pre-approval within two hours, free of charge and with no obligation to proceed. UAE national buyers will also receive a non-transferable 5% rebate on the property price, equal to the final 5% payment due at handover, Modon said.

Wadeem Gardens expands the residential offering within Wadeem, Modon’s masterplan community on Hudayriyat Island. The wider masterplan is structured around a 2.3-kilometre urban spine. The community comprises four-, five- and six-bedroom villas with a choice of exterior finishes and interior layouts, and access to walking and running trails, waterfront promenades and amenities across Wadeem.

Group Chief Executive Officer Bill O’Regan said the launch advances Modon’s vision for Hudayriyat Island and that the ADIB partnership gives buyers and investors greater flexibility. Modon Real Estate Chief Executive Officer Ibrahim Al Maghribi said the project combines quality of life, connectivity and access to amenities while widening ownership opportunities.

Modon said Wadeem Gardens is about 20 minutes by car from the Abu Dhabi Corniche and about 15 minutes from Zayed International Airport.