company definition Modon Real Estate Development
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Modon is recognized as the leading government-backed developer in the United Arab Emirates. Established in Abu Dhabi in 2005 under the name Q Holding, the company has been listed on the Abu Dhabi Securities Exchange since December 2017 under the ticker symbol Modon. The group specializes in real estate, hospitality, tourism, and entertainment, with its destinations attracting more than 12.2 million visitors during 2024 alone
Ownership and Leadership of Modon
Modon operates under the umbrella of the Abu Dhabi Government and is guided by a distinguished Board of Directors whose leadership has played a pivotal role in the company’s remarkable success and global reputation
The Board includes
H.E. Jassem Mohammed Bu Ataba Al Zaabi – Chairman
H.E. Sheikh Abdullah bin Mohammed bin Butti Al Hamed – Vice Chairman
H.E. Mohamed Ali Al Shorafa – Board Member
H.E. Dr. Ahmed Mubarak Al Mazrouei – Board Member
H.E. Mariam bint Mohammed Saeed Hareb Al Mheiri – Board Member
H.E. Abdullah Al Sahi – Group Managing Director & Board Member
Mr. Hamad Abdullah Al Hammadi – Board Member
Mr. Greg Fewer – Board Member
Dr. Karim Bennis – Board Member
Modon’s Vision for Ras El Hekma
Modon Holding is committed to creating iconic destinations and transformative experiences across lifestyle, leisure, and business sectors that consistently exceed customer expectations. Through strategic investments, innovation, collaboration, and the adoption of advanced technologies, the company is helping shape the future of smart living
Driven by Abu Dhabi’s ambitious vision for sustainable growth and enhanced quality of life, Modon aims to contribute to the future development of the UAE capital and beyond. The company focuses on delivering vibrant communities, world-class hospitality and entertainment experiences, modern lifestyle destinations, and internationally recognized sports facilities. Through partnerships with industry leaders, Modon is building a lasting legacy while generating positive economic, social, and environmental impact for future generations
Modon Ras El Hekma Previous Projects
Modon has developed an impressive portfolio of landmark destinations and lifestyle developments across the UAE, reflecting its commitment to innovation, tourism, entertainment, and community living. Its notable projects include
Hudayriyat Heritage Trail – A journey through history that preserves and showcases significant archaeological discoveries
Abu Dhabi Fish Market – A unique retail destination celebrating the emirate’s rich fishing heritage
Hudayriyat Cycling Track – A scenic cycling experience surrounded by nature
Bab Al Nojoum Bateen Liwa – An eco-tourism destination nestled among the stunning red desert dunes
Bab Al Nojoum Al Mugheirah – A luxurious glamping retreat offering an immersive nature experience
Al Mugheirah Bay – A vibrant waterfront destination combining shopping, leisure, and lifestyle experiences
Circuit X – An exciting family adventure park packed with fun, challenges, and outdoor activities
Bab Al Nojoum Hudayriyat – Premium resorts designed for travelers seeking exploration and adventur
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