Modon launches first phase of Wadeem Gardens villas in Abu Dhabi

Four- to six-bedroom villas have been introduced on Hudayriyat Island. Eligible buyers may apply for off-plan home financing of up to 75%.

Developer Modon has announced the first phase of Wadeem Gardens on Hudayriyat Island in Abu Dhabi. The project forms part of the broader Wadeem master plan and offers four-, five- and six-bedroom villas. Modon describes walking and running trails, waterfront promenades and community spaces. These are elements of the proposed development; buyers should confirm which facilities will be available when a particular home is handed over.

The launch includes a financing arrangement between Modon and Abu Dhabi Islamic Bank. Buyers who meet the bank's criteria may qualify for finance of up to 75% of an off-plan home's price. Modon says that an initial decision may be available within two hours, free of charge and without an obligation to proceed. This is not automatic loan approval for every applicant. A separate 5% rebate applies specifically to UAE national buyers and must not be presented as a benefit for all buyers.

For investors, financing can reduce the initial cash required, but it does not remove financing costs, scheduled payments or the risk that a property's value may change. Before reserving a villa, request the full loan terms, construction schedule, sale agreement and exit provisions. A comparison with a completed property should include future instalments, service costs and the actual handover date.

Availability, current prices and delivery dates must be confirmed separately: a press release is not a live inventory of homes for sale.

What this means for buyers

The financing programme may broaden the choice of homes, but eligibility and total cost must be calculated for each buyer.