Top 100 GCC Real Estate Developers: Modon Properties

Abu Dhabi-based real estate company is the developer behind Modon Village and Riyadh City

Chairman of Abu Dhabi's Modon Properties, HE Faisal Al Bannai.
Arabian Business
Chairman of Abu Dhabi's Modon Properties, HE Faisal Al Bannai.

Mandated by Abu Dhabi government to build communites and mixed-use developments in the UAE capital, Modon Properties — chaired by HE Faisal Al Bannai — is developing projects such as Modon Village and Riyadh City in Abu Dhabi.

In September 2019, the developer awarded an infrastructure contract for Phase 1 of its $416.5m (AED1.54bn) South of Riyadh City project, which is being carried out alongside Abu Dhabi Housing Authority. 

Nael & Bin Harmal Hydroexport Establishment, National Contracting Company (NCC), and Al Jimi & Partners Contracting Co won the contract.

Construction Week's Top 100 GCC Real Estate Developers 2019 list is a compilation of the region's most influential and successful property firms.

The list has been produced based on publicly available information, and is not a ranking.

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