Modon Properties · Reem Island
Tara Park - Phase 2
Tara Park - Phase 2, Reem Island, Abu DhabiFor sale · Starting from
AED 1,927 per sqft · 5% down payment
Listed by
White & Co Real Estate
White & Co Real Estate
Based in Dubai
Ask about availability, pricing, or arrange a viewing directly with White & Co Real Estate.
- Unit types
- 1-bedroom apartment, 2-bedroom apartment, 3-bedroom apartment
- Size
- 872 – 2,002 sqft
- Handover
- 30 April 2030
- Payment plan
- Option 1
About the project
About Tara Park - Phase 2
Tara Park Phase 2 is a Modon residential development on Reem Island, directly opposite Reem Mall. The community combines 1, 2 and 3-bedroom apartments with landscaped podium amenities, a retail and F&B plaza, and a direct covered connection to the mall. Positioned at the accessible end of Reem Island pricing, it is designed for both end users and investors seeking stable rental demand, long-term wealth preservation and mid-cycle capital appreciation.
Units & prices
Three unit types
1-bedroom apartment, 2-bedroom apartment and 3-bedroom apartment
Notes
Average launch prices are shown; floor, orientation and view premiums may apply.
The building
Multiple residential towers
Retail: On-site retail plaza with an F&B avenue and a direct covered connection to Reem Mall.
Payment plan
Payment plan
40/60 payment plan: 40% during construction and 60% on handover.
- 5%Down paymentOn reservationAED 84,000
- 5%1st instalment31 January 2027AED 84,000
- 5%2nd instalment31 July 2027AED 84,000
- 5%3rd instalment31 January 2028AED 84,000
- 5%4th instalment31 July 2028AED 84,000
- 5%5th instalment31 January 2029AED 84,000
- 5%6th instalment31 July 2029AED 84,000
- 5%7th instalment31 January 2030AED 84,000
- 60%Final payment30 April 2030 (handover)AED 1.01M
Amounts are worked out on the starting price of AED 1.68M.
Amenities
Features & amenities
What the property and community offer.
- Central swimming pool and kids' pool
- Fitness studio and outdoor gym
- Padel court and multipurpose sports court
- 527m jogging track
- Adventure kids' playground and indoor kids' club
- Community plaza
- Residents' lounge
- Co-working and study zone
- Retail plaza with F&B avenue
- Direct covered connection to Reem Mall
- On-site nursery
- Open-air workspaces
- BBQ area
Location
Reem Island
Tara Park - Phase 2, Reem Island, Abu Dhabi
About Reem Island
Al Reem Island is a mixed-use island next to central Abu Dhabi, linked to the city by several bridges. It is mainly high-rise apartments, with Reem Mall on the island and Al Maryah Island and the city centre a short drive away.
- ADGM & The Galleria Mall
- 5 min
- Downtown Abu Dhabi
- 5 min
- Louvre Abu Dhabi
- 15 min
- Disneyland Abu Dhabi
- 23 min
- Zayed International Airport
- 25 min
- Downtown Dubai
- 90 min
Nearby
The investment case
Who it suits, and why
Type of investment
High rental yield
- For investors who want strong rental income first, with moderate capital growth as a secondary benefit.
- Suits buyers focused on cash flow and covering holding costs.
Best positioned for
Yield investors seeking Reem Island exposure and wealth-preservation buyers who value master-developer-backed delivery.
Investment analysis
Expected yield · 6–7% net
Tara Park Phase 2 is positioned as a mid-market residential asset in Abu Dhabi's actively developing urban island. Entry pricing sits below Saadiyat Island and Al Maryah Island, while proximity to ADGM, Downtown Abu Dhabi, schools and healthcare supports recurring end-user and tenant demand.
The project suits a yield-stability and mid-cycle capital-appreciation strategy, backed by a master developer and a finite island supply environment. Its 40/60 payment plan limits capital exposure during construction and leaves a clear assignment window before handover.
Why this works
- Low capital exposure until handover
- Mortgageable at handover
- Clear exit window before handover
- Low holding cost during construction
- Strong tenant retention potential
- High resale liquidity on Reem Island
- Demand from ADGM professionals, families and health-sector employees
Exit options
- Pre-handover assignment through an OQOOD transfer
- Hold and lease as a long-term rental
- Hold and operate as a short-term rental, subject to ADREC holiday-home licensing
- Resell to an end user on handover
The developer
Modon Properties
Modon Properties
A government linked Abu Dhabi master developer, part of ADX listed Modon Holding. Building Hudayriyat Island, with homes beside Surf Abu Dhabi, beaches and parks.
Founded 2018 · Head office Abu Dhabi · Builds in Abu Dhabi
Get in touch
Interested in Tara Park - Phase 2?
Listed by
White & Co Real Estate
White & Co Real Estate
Based in Dubai
Ask about availability, pricing, or arrange a viewing directly with White & Co Real Estate.
Agency ORN: 25663
Next steps
- 1Review live inventory and floor availability
- 2Select the best unit by floor, view and orientation
- 3Secure the unit with a 5% reservation payment
- 4Complete the payment-plan and registration documentation with the agent