Tara Park 2 by Modon: An Al Reem Island Apartment You Can Get Into for 5%
The Developer and the Project
Modon Properties is an Abu Dhabi-based developer with a track record of large-scale residential communities across the emirate. Tara Park 2 is their second phase within the Tara Park community, located in the Tamouh area of Al Reem Island. That context matters. A second phase from an established developer on an established site is different from a greenfield launch. The infrastructure, the community design, and the product have already been tested in phase one.
What Al Reem Island Actually Means for a Buyer
Al Reem Island sits immediately off the northeastern tip of Abu Dhabi's main island, connected by bridges that make the commute to the city centre straightforward. It has matured significantly over the past decade. You have schools, hospitals, retail, and dining already operating on the island, not on a masterplan timeline. For a resident, that means you are not waiting for the neighbourhood to catch up with your life. For an investor, Al Reem has an established rental market with consistent demand from professionals and families working in Abu Dhabi.
The Tamouh cluster within Al Reem sits toward the northern end of the island. It is a mid-density residential pocket, quieter than the busier southern edges closer to Shams Abu Dhabi. That suits buyers who want island living without the noise of a retail-heavy district.
What AED 1.68M to AED 3.68M Buys You Here
The price range is wide at AED 2 million across the spread, which reflects the apartment mix rather than market volatility. At AED 1.68M, you are likely looking at a one-bedroom or smaller two-bedroom unit. At AED 3.68M, you are at the top of the range where larger two-bedroom or three-bedroom layouts typically sit in projects of this type on Al Reem. A buyer looking for a single-occupant home or a straightforward buy-to-let rental investment sits at the lower end. A family buyer who needs space, or an investor targeting the higher-rent bracket on the island, sits toward the upper end.
Apartments and Who They Suit
The project is apartments only. That means it is positioned for owner-occupiers who prefer a managed, community-style living setup, and for investors who want a product with broad tenant appeal. Apartments on Al Reem rent well to young professionals and couples. The absence of villas or townhouses keeps the buyer profile fairly consistent across the project.
What the Amenities Say About This Project
| Category | Facilities |
|---|---|
| Wellness and Fitness | Indoor Swimming Pool, Gymnasium |
| Green Space | Landscaped Gardens |
| Family | Children's Play Area |
| Productivity | Work and Study spaces |
| Convenience | Retail Facilities, Restaurants |
| Safety | Security |
The indoor pool is worth a mention because it is less common than outdoor pools in Abu Dhabi residential projects. It means year-round usability, which matters in a city where summer makes outdoor amenities impractical for months at a time. The inclusion of dedicated work and study space reflects the shift toward residents who work remotely at least part of the week. This is not a project aimed solely at families or solely at young singles. The amenity set serves both, which broadens the rental pool for investors.
Getting In for 5% Down
| Stage | Payment |
|---|---|
| Down payment | 5% |
| During construction | 35% |
| On handover | 60% |
A 5% down payment is low by Abu Dhabi market standards. Most off-plan projects in the emirate open at 10% to 20%. This structure lets a buyer secure a unit for roughly AED 84,000 to AED 184,000 depending on which unit they choose, with the bulk of the payment deferred to handover in 2030.
The 60% due at handover is significant. A buyer who plans to use a mortgage needs to have that financing arranged well ahead of the April 2030 completion date. The construction period runs from mid-2026, giving buyers entering now approximately four years before the large payment falls due. That is a reasonable runway, but the back-weighted structure means the financial planning conversation needs to happen early.
Construction starts in April 2026 with handover targeted for April 2030. For an off-plan buyer entering today, you are looking at roughly four years of build time before you take possession or begin generating rental income.