Modon sold out the final phase of Bashayer on Hudayriyat Island in 24 hours — 300 residences moved for AED 1.25 billion (roughly USD 340 million). Seventy-one percent of buyers were new to the developer. It is the third back-to-back sell-out on Hudayriyat inside eight months.
What happened
On 17 July 2026, Abu Dhabi master developer Modon confirmed a full sell-out of the final phase of Bashayer on Hudayriyat Island — one day after the 16 July launch. Three hundred residences cleared for AED 1.25 billion (about USD 340 million at the fixed AED–USD peg of 3.6725).
The buyer mix tells the story: 71% first-time Modon customers, 29% existing. That is fresh capital, not internal rotation.
What the final phase of Bashayer includes
The release covers 1-, 2- and 3-bedroom apartments, 4-bedroom penthouses, and — new to this phase — 2- and 4-bedroom townhouses arranged along a 3.5-km waterfront promenade.
- Walkable piers along the waterfront
- Landscaped parks and children's play areas
- Gym and hydrotherapy facilities
- Retail along the promenade
The townhouse format is the structural novelty here. Earlier Bashayer phases leaned apartment-heavy; the addition brings a low-rise, family-scale product into the same masterplan.
Terms and timeline: 50/50 payment plan, handover in April 2030
Buyers pay 5% at booking, 45% during construction through January 2030, and 50% at handover in April 2030 — effectively a 50/50 split between build and delivery.
| Milestone | Share | When |
|---|---|---|
| Booking | 5% | On signing |
| Construction | 45% | Through January 2030 |
| Handover | 50% | April 2030 |
Half the ticket is financed during the build; the balance settles at keys. Capital exposure ramps gradually instead of front-loading.
Trend context: Modon's third Hudayriyat sell-out in a row
Bashayer's final phase is the third consecutive Hudayriyat launch to clear in days, after Bashayer Phase 1 in December 2025 and Hudayriyat Golf Estates in July 2026.
| Launch | Date | Sales value | Units | New buyers |
|---|---|---|---|---|
| Bashayer Phase 1 | 10 Dec 2025 | AED 3B | 487 (157 villas + 330 apartments) | — |
| Hudayriyat Golf Estates | 7 Jul 2026 | AED 13B+ (UAE record) | ~1,700 | 81% new (15% non-UAE) |
| Bashayer Final Phase | 16–17 Jul 2026 | AED 1.25B | 300 | 71% |
Golf Estates set a UAE record above AED 13 billion within days. Bashayer's final phase is smaller in ticket but keeps the shape intact: capital is landing faster than product.
Golden Visa and Abu Dhabi premium property: the AED 2M threshold
Under UAE ICP rules, ownership of property worth AED 2 million or more can qualify the buyer for a 10-year Golden Residency, subject to standard eligibility checks.
The threshold sits on the property's value, not on equity paid in. Off-plan buyers should read the requirements against their own file — the ICP portal is the reference point. Hudayriyat is freehold-eligible for foreign ownership, and entry-level tickets in Bashayer typically clear the AED 2M line.
What international investors should note
Three practical takeaways from this sell-out — freehold status, the AED 2M Golden Visa line, and the regulator to watch is ADREC, not RERA.
- Freehold on Hudayriyat. The island is open to foreign ownership. You buy title, not a lease.
- AED 2M matters at the property level. Both entry apartments and larger formats tend to clear the Golden Visa threshold, but the qualifying file — not the marketing — is what carries the application.
- ADREC, not RERA. Abu Dhabi's real-estate regulator is the Abu Dhabi Real Estate Centre. RERA is Dubai. Escrow, off-plan registration and broker licensing all fall under ADREC.
- 50/50 pacing. Half the capital during build, half at keys — a lighter cash-flow curve than a 60/40 or 70/30 back-loaded plan.
- Handover in April 2030. Roughly a 45-month build cycle. Model your carry accordingly.
- Buyer mix is the soft signal. 71% first-timers means the launch pulled buyers who were not already in Modon's book. That reads as fresh demand, not rotation.
None of this is investment advice. Check the ICP portal for Golden Residency criteria, the ADREC registry for developer and escrow details, and Modon's own documentation before committing.
Attribution and sources
Reported by Modon (press release via Zawya, 17 July 2026), Gulf News, Trade Arabia and Business Today Middle East. Golden Residency criteria are published on the UAE Federal Authority for Identity, Citizenship, Customs & Port Security (ICP) portal. Hudayriyat wave context is drawn from Modon's own media-centre disclosures on Bashayer Phase 1 (10 December 2025) and Hudayriyat Golf Estates (7 July 2026).
- Modon press release via Zawya (primary): zawya.com
- Gulf News: gulfnews.com
- Trade Arabia: tradearabia.com
- Business Today Middle East: businesstoday.me
- Hudayriyat by Modon (project page): hudayriyatbymodon.com
