Modon Tripled net profit revenue in H1 2025 reaching AED 2.1 billion.
The company views AED 10 billion from real estate transactions as a steady source of income as global development encourages growth.
Modon Holding reported an impressive 4.2 times increase net profit to AED 2.1 billion for the first half of 2025 as compared to AED 502 million for the same period last year, excluding the one-off earnings. Strategic investments, recurrent income growth and record real estate sales have reportedly all contributed to this significant rise in earnings.
Modon’s overall revenue reached AED 6.5 billion due to real estate sales of AED 10 billion, which is three times higher than the previous year. The revenue backlog for all business segments was AED 33 billion, demonstrating a healthy outlook for the future.
Near-full occupancy, operational expansion and better pricing propelled the notable rise of recurring revenue streams throughout Modon’s asset management, hospitality events, catering & tourism divisions.
“Our transformation is being accelerated by exceptional commercial performance and strategic delivery,” stated Jassem Mohamed Bu Ataba Al Zaabi, Chairman of Modon Holding. “We continue to prioritise creating long-term value while enhancing Abu Dhabi’s standing as a major international centre for urban development and investment.”
Thanks to integration synergies and efficiency improvements, the company’s EBITDA increased to AED 2.9 billion and its margins increased to 44%.
Record-breaking releases and global expansion
Setting the stage for a successful second half, two significant real estate launches—including the AED 5.5 billion residential plot sell-out in July for the Wadeem community—were sold out in a single day.
Modon increased its global presence to 13 nations through investments and acquisitions in the UK, North America, Egypt and Spain and in order to lead important infrastructure projects in the UAE and outside, the company has introduced Gridora, a new infrastructure platform developed in collaboration with ADQ and IHC.
In order to assist the Abu Dhabi Projects and Infrastructure Centre (ADPIC) in fulfilling its AED 35 billion transport infrastructure mission, Gridora and ADPIC signed a Memorandum of Understanding.
Abdullah Al Shai, the group managing director of Modon Holding has mentioned, “Our H1 results show that we executed our strategic roadmap with discipline and we’re growing into priority markets, fortifying our asset base and creating a future-ready portfolio with global reach.”
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