Buying a villa in Abu Dhabi just got a lot faster and a lot more affordable. Developer Modon has launched a new project called Wadeem Gardens, and it’s offering eligible buyers up to 75 per cent off-plan home finance, with pre-approval landing in your inbox within just two hours.
That’s a big deal if you’ve ever tried to get a mortgage approved in the UAE. Paperwork usually takes days, sometimes weeks. Here, Modon says the whole pre-approval process is free and comes with zero obligation to actually buy. You can check your eligibility, see the numbers, and walk away if it’s not right for you.
What’s actually on offer at Hudayriyat Island, Abu Dhabi?
Wadeem Gardens sits on Hudayriyat Island and is being billed as the first villa community in Abu Dhabi to offer this level of off-plan financing. The deal is possible through a partnership between Modon and Abu Dhabi Islamic Bank (ADIB).
Buyers can choose from four-, five- and six-bedroom villas, with a choice of exterior finishes and interior layouts. The community is designed with landscaped neighbourhoods, walking and running trails, and waterfront promenades. There’s also a sweetener for UAE nationals: a 5 per cent rebate on the property price, which covers the final 5 per cent payment typically due at handover.
Wadeem Gardens is actually the first phase of a much bigger plan called Wadeem, which is built around a 2.3km urban spine meant to link residential areas with community hotspots across the island. Residents of Wadeem Gardens will get access to amenities across this wider development too.
Bill O’Regan, Group CEO of Modon Holding, called the launch “another step” in the company’s broader vision for Hudayriyat Island, describing the goal as bringing cities to life through “integrated, people-focused destinations.”
Why this matters if you’re house-hunting in the UAE
For anyone tracking emirates news around real estate, this launch is worth watching closely. High loan-to-value financing combined with fast approval timelines removes two of the biggest headaches in off-plan buying: uncertainty over how much you can borrow, and how long it takes to find out.
Ibrahim Al Maghribi, CEO of Modon Real Estate, said the project focuses on “creating an integrated approach to modern living,” combining quality of life with easy access to amenities, while also widening “ownership opportunities for a broader segment of residents and investors in the UAE.”
That last point matters. Off-plan financing at this level typically targets buyers who might otherwise need years to save a bigger deposit. By lowering that barrier, Modon is effectively opening the door to a wider pool of residents and investors who want in on Abu Dhabi’s property market but couldn’t previously clear the upfront cost.
It also signals how developers in the capital are competing harder for buyers. Pre-approval without obligation, a fast two-hour turnaround, and a rebate for nationals aren’t small details. They’re designed to make the decision easier and faster, at a time when Abu Dhabi’s real estate scene continues to expand with large-scale masterplans like Wadeem.
As reported by Arabian Business, this is just the first phase of a much larger development on Hudayriyat Island, so expect more villa releases, more amenities, and likely more financing deals as Modon builds out the rest of the Wadeem masterplan.
If you’re considering buying in Abu Dhabi, the key takeaway is simple: financing terms like these don’t stay on the table forever. Whether this becomes the new normal for off-plan villa launches in the capital, or stays a one-off offer tied to Hudayriyat Island, is something worth watching as the rest of Wadeem rolls out.
