Modon Reports Dh3.9 Billion Profit as Dh46 Billion Backlog Highlights Strong Growth Pipeline
Friday, 20 February 2026
Abu Dhabi developer Modon recorded a strong financial performance in 2025, reporting
Dh3.9 billion in net profit and Dh13.8 billion in revenue, supported by robust property
sales, expanding international projects, and a growing development pipeline.
Key Highlights:
- Net profit reached Dh3.9 billion in 2025, reflecting solid operational performance.
- Total revenue increased to Dh13.8 billion, driven by strong real estate activity.
- Revenue backlog expanded to Dh46 billion, providing strong visibility for future growth.
- Property sales climbed to Dh36.3 billion, highlighting significant market demand.
- Major sales momentum recorded across developments on Reem Island and Hudayriyat Island.
- Real estate revenue rose to Dh7.4 billion, supported by accelerated project execution.
- International expansion strengthened results, with Ras El Hekma generating Dh5.8 billion in sales.
- Construction and consulting contracts worth Dh32 billion were awarded during the year.
- Asset and investment management revenue increased 13.2% to Dh655 million, supported by high occupancy.
- Hospitality revenue grew 38.9% to Dh792 million due to improved occupancy and room rates.
- Events, catering, and tourism revenue reached Dh5 billion, with 896 events hosted.
- More than 51 million meals were served across events and hospitality operations.
- Chairman Jassem Mohamed Bu Ataba Al Zaabi highlighted continued strategic growth and transformation.
- Group Managing Director Abdullah Al Sahi emphasised expansion and portfolio diversification.
- Company closed the year with Dh1.8 billion in net cash, supporting future development plans.
