Muheira by Modon Properties is a new residential community launched as part of the large-scale Maysan development on Al Reem Island in Abu Dhabi. It is designed as a mixed-use space with residential buildings, parks, walking boulevards and developed social infrastructure. Muheira Maysan by Modon is located on the promenade, along a picturesque water canal. It is a link between the central part of Maysan and Al Reem Island, so the residents of the complex can enjoy all the advantages of a dynamic urban life and a measured, private vacation near the water.
The architectural concept of Modon Muheira at Maysan embodies the best features of minimalism. The facades of multi-storey houses are designed with the use of glass and natural materials. Property at Muheira at Maysan by Modon is represented by elegant apartments with 1-3 bedrooms. Each residence is designed with comfort, functionality and maximizing natural light. The apartments at Muheira at Maysan by Modon feature spacious living rooms, stylish bedrooms with panoramic views of the canal and cityscape, and balconies with lounge areas. The kitchens are fitted with integrated appliances, and the bathrooms are equipped with premium sanitary ware. Property sizes range from 786 sqft (73 m²) to 2,056 sqft (191 m²).
Muheira Maysan by Modon features swimming pools for adults and children, a fitness center, sky lounge on the upper floors, thoughtfully designed relaxation areas, playgrounds for children, indoor cinema and library. There are jogging and walking trails near the waterfront, and a central park next to the complex. Electric vehicle charging stations are provided in the parking lot as part of the project's incorporation of green practices.
The location of the property at Muheira at Maysan by Modon is among the advantages of the complex. Al Reem Island is one of the most dynamically developing areas in Abu Dhabi. There are prestigious international schools, shopping centers, parks and medical facilities. Within a 5-minute drive away is Reem Mall, the major shopping center uniting 400+ stores and Snow Abu Dhabi indoor amusement park. Other popular locations in the emirate nearby include Reem Central Park, Marina Square, Repton School Abu Dhabi's Fry campus and GEMS World Academy, as well as medical centers Cleveland Clinic and Burjeel Hospital. It takes 15 minutes to get to the center of the emirate, and 20 minutes to Zayed International Airport.
Investment prospects of property on Al Reem Island is due to the high demand for quality housing and steadily rising prices in the capital of the UAE. The average profitability of renting apartments is 6-7% per annum. Considering the early stage of sales it is possible to buy property at Muheira at Maysan by Modon. The minimum cost starts at 1 300 000 AED (353 900 $) for units with 1 bedroom. The price of 3-bedroom residences can reach 3 300 000 AED (898 400 $). Buying an apartment at Modon Muheira at Maysan is available on a 50/50 payment plan with a down payment of 5%. Completion of the complex is scheduled for Q4 2028.
Wasl Gate
