Modon Launches Phase One of Wadeem Gardens

If you’re hoping to buy a villa in Abu Dhabi and want financing that starts before handover, Modon Holding’s latest move is worth your attention. Modon launches phase one of Wadeem Gardens, a villa community on Hudayriyat Island, and it’s the first in Abu Dhabi to offer up to 75% off-plan home finance through its partnership with Abu Dhabi Islamic Bank (ADIB). 

Eligible buyers can get pre-approval within two hours, free of charge. UAE nationals also receive a non-transferable 5% rebate on the property price. Below, you’ll see what the offer means in real money, how it compares with the surrounding numbers, and what to check before you sign.

Wadeem Gardens Villas on Hudayriyat Island

Wadeem Gardens is a residential offering inside Modon Wadeem, the masterplan Modon Abu Dhabi is developing on Hudayriyat Island, and it’s aimed at people who want space without a long commute. 

The villas range from four to six bedrooms and sit in landscaped neighborhoods with walking and running trails, waterfront promenades, and community services. A 2.3-kilometer urban spine connects the main residential and community destinations across Wadeem, so reaching a park or a cafe doesn’t have to mean getting in the car. 

If you’re searching for Modon equestrian Abu Dhabi projects, note that the announcement doesn’t mention equestrian facilities, so confirm amenities with Modon before you plan around them.

ADIB Home Finance for Off-Plan Buyers

Buying off-plan means paying in stages while the home is still being built, and ADIB financing changes how much cash you need at the start. If you’ve compared off-plan projects in Abu Dhabi before, you already know the usual question; how do you pay for a home that won’t be ready for years? Take a hypothetical AED 5 million villa. 

For a UAE national, the 5% rebate comes to AED 250,000, the same amount as the final 5% payment due at handover. That’s a sizable sum you wouldn’t need to find at the end. The rebate is non-transferable, so it stays with the original buyer if you sell.

Key Figures Behind the Wadeem Gardens Launch

The table puts the offer next to the bigger picture. The 75% finance ceiling and two-hour pre-approval let you test your numbers in a single morning, and the 5% rebate lines up neatly with the final installment, so the two perks work together. 

The July 2025 sellout stands out most. When $1.5 billion in plots sells within three days, demand is moving fast, so set your budget before the next release.

Who Qualifies and What Perks Apply

Not every buyer gets the same terms, so check which group you fall into before you start calculating. Modon Holding PSC announced the offer with these conditions:

• UAE nationals: A non-transferable 5% rebate on the property price, equal to the final 5% payment due at handover.

• Eligible buyers: Pre-approval within two hours, free of charge, with no obligation to proceed.

• Buyers and investors: Up to 75% off-plan home finance through ADIB, which gives more flexibility to own a villa in Wadeem Gardens.

• Anyone unsure: Confirm current ADIB terms directly, since eligibility rules can change.

Commute Times From Hudayriyat Compared

Location often decides whether a purchase works, so compare the drive times directly. Wadeem Gardens is about 20 minutes by car from Abu Dhabi’s Corniche and around 15 minutes from Zayed International Airport. 

Say your current airport run takes 45 minutes each way. A move to Wadeem Gardens would cut about 30 minutes from each trip, roughly an hour on every round trip. If you make that run once a week, you’d get back about 52 hours a year.

Why Wadeem Plots Sold Out in Three Days

The residential plots in Wadeem Plots Hudayriyat sold out within three days in July 2025, and the surrounding figures explain why the developer is drawing so much attention:

• Sales: $1.5 billion (AED 5.5 billion) from Wadeem residential plots in July 2025.

• Market value: Modon Holding PSC had a market capitalization of $13 billion (AED 48 billion) on the Abu Dhabi Securities Exchange as of October 1, 2026.

• Wider reach: Modon and Nammos Hotels & Resorts launched a project within the $35 billion Ras El Hekma development on Egypt’s North Coast. ADQ appointed Modon as master developer in 2024.

• Leadership: Bill O’Regan, Group CEO of Modon Holding, said the expansion is meant to “deliver long-term value for Abu Dhabi.” O’Regan ranked 10th on Forbes Middle East’s Most Impactful Real Estate Leaders 2026 list.

A strong developer doesn’t guarantee a profit on any single unit, though. Say you buy at AED 5 million, and the market value rises 5% by handover. You’d be AED 250,000 ahead on paper. If it drops 5%, you’d be AED 250,000 behind. 

Ask for an independent valuation before you sign. If this fits your plans, start with the pre-approval. It takes about two hours and shows you what you could borrow before you fall for a floor plan.