Top 100 GCC Real Estate Developers: Modon Properties

Top 100 GCC Real Estate Developers: Modon Properties
Chairman of Abu Dhabi's Modon Properties, HE Faisal Al Bannai.
Published: 25 September 2019 - 5 a.m.

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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