Modon Development is a real estate development and management company that operates in Egypt. The company aims to create mixed-use communities that cater to the needs of its residents. Modon Development has been active in the real estate market since 2020 and has already made a name for itself in the industry.
Modon Development’s first residential project, Boutique Village Compound New Cairo, is located on Gamal Abdel Nasser Axis. The compound offers apartments with areas ranging from 70 to 160 square meters, with prices starting from 9,498,796 EGP. The installment plan features a 10% down payment with installments over eight years, and units will be delivered fully finished. Modon Development plans to expand its reach by venturing into three key areas: East Cairo, West Cairo, and the North Coast.
As a pioneer in the Egyptian real estate market, Modon Development aims to reshape the landscape of the industry by focusing on quality and innovation. The company’s vision is to create communities that offer a high standard of living while also being environmentally sustainable. With its ambitious goals and innovative approach, Modon Development is poised to become a significant player in the Egyptian real estate market.
Modon Development Overview
Company Profile
Modon Development is an innovative real estate development and management company that focuses on creating genuine mixed-use communities in Egypt. Founded in 2020, it has more than 30 years of experience in the field. The company is privately held and has its headquarters in Egypt.
Mission and Values
Modon Development’s mission is to build communities that answer the needs of modern living while also preserving the environment and promoting sustainability. The company values quality, innovation, and customer satisfaction. Modon Development is committed to delivering projects that exceed expectations, and to building long-term relationships with its clients.
Industry Presence
Modon Development has a strong presence in the Egyptian real estate market, with a focus on the New Administrative Capital. The company’s specialties include residential and commercial development, as well as hospitality and mixed-use projects. A group of seasoned experts at Modon Development are committed to providing its clients with projects of the highest caliber.
In the Egyptian real estate market, Modon Development is a medium-sized business that enjoys a solid reputation for quality and creativity. The company has built a devoted clientele and drawn in new business from those searching for premium, sustainable developments thanks to its emphasis on sustainability and customer satisfaction.
Overall, Modon Development is a reputable real estate development and management company committed to building communities that meet the needs of modern living. Modon Development is well-positioned to maintain its growth and success in the Egyptian real estate industry by emphasizing sustainability, quality, and innovation.
Strategic Locations
Modon Development has strategically chosen locations across Egypt for its projects, with a focus on areas that have high growth potential and offer attractive investment opportunities. The company’s developments are spread across Greater Cairo, the North Coast, and Alexandria.
Greater Cairo Developments
Modon Development has several ongoing projects in Greater Cairo, including the Green River Tower and the Central Iconic Tower. The Green River Tower is a mixed-use development located in the heart of New Cairo, offering luxury residential units, retail outlets, and office spaces. The Central Iconic Tower, on the other hand, is a 70-story skyscraper located in the New Administrative Capital, offering world-class office spaces and a five-star hotel.
North Coast Expansions
Modon Development has several developments on the North Coast, including residential and commercial projects. The company’s focus on the North Coast is driven by the region’s natural beauty and its potential as a tourist destination. Modon Development’s projects in the North Coast include luxury villas, residential units, and commercial spaces.
Alexandria Projects
Modon Development has also invested in Alexandria, one of Egypt’s most historic cities. The company’s projects in Alexandria include a mixed-use development that includes residential units, retail outlets, and office spaces. The development is located in a prime location, offering easy access to the city’s main attractions and business districts.
Modon Development’s strategic locations have been carefully chosen to offer investors attractive opportunities in high-growth areas. The company’s initiatives, which are made to fit the needs of contemporary enterprises and individuals, clearly demonstrate its focus on quality and creativity. Modon Development has a proven track record of success and is well-positioned to grow and expand within Egypt’s real estate sector.
Signature Projects
Modon Developments is a real estate development company founded in 2020. With more than 30 years of experience in the field, the company has a portfolio of signature projects that showcase its attention to detail and commitment to quality.
Green River Tower
Green River Tower is a high-rise tower located in the heart of the New Administrative Capital. It features a modern design and offers stunning views of the surrounding area. The tower comprises residential and commercial units and is equipped with state-of-the-art amenities. It is an excellent investment opportunity for those looking for a luxurious lifestyle.
Central Iconic Tower
In the center of the New Administrative Capital stands the mixed-use Central Iconic Tower construction. Its distinct design distinguishes it from other nearby developments. The skyscraper has modern amenities and is made up of residential and commercial space. For those seeking an opulent lifestyle, this is a great investment option.
Kaya Town
Kaya Town is a residential development that is located in the New Administrative Capital. The residential apartments in the complex are designed to accommodate a variety of budgets and lifestyles. Modern conveniences are included in the property, which is intended to give its occupants an opulent and pleasant lifestyle.
Royal Maxim
In the center of New Cairo lies a mixed-use complex called Royal Maxim. With cutting-edge amenities, it offers a variety of residential and commercial units. For those seeking a desirable urban location, the property is an outstanding investment opportunity and is intended to offer inhabitants an opulent lifestyle.
Modon Developments is committed to providing high-quality developments that cater to different lifestyles and budgets. The company’s signature projects showcase its expertise in real estate development and commitment to quality and innovation.
Commercial and Residential Offerings
Modon Developments is a leading real estate development and management company that offers a diverse range of residential and commercial properties to cater to the varied needs of its discerning clientele. The company is focused on creating genuine mixed-use communities that answer the needs of modern living while providing an exceptional level of luxury and comfort.
Mixed-Use Communities
Modon Developments has established itself as a pioneer in developing mixed-use communities that integrate residential, commercial, and leisure facilities. These communities offer a unique living experience that combines the convenience of modern city living with the tranquility of a suburban lifestyle. The company’s mixed-use communities are designed to provide residents with easy access to all the amenities they need, including shopping centers, restaurants, cafes, and recreational facilities.
Luxury Villas and Towers
Modon Developments offers a range of luxury villas and towers that are designed to provide residents with the ultimate living experience. These properties are located in some of the most sought-after locations in Egypt and offer breathtaking views of the surrounding landscape. The company’s luxury villas and towers are designed to provide residents with the highest level of comfort and luxury, with features such as private swimming pools, landscaped gardens, and state-of-the-art security systems.
Boutique Business Village
Modon Developments has established itself as a leading developer of boutique business villages that offer a unique working environment for businesses of all sizes. These villages are designed to provide businesses with a range of facilities and services, including fully equipped offices, meeting rooms, and conference facilities. The company’s boutique business villages are located in some of the most prestigious locations in Egypt and offer businesses easy access to all the amenities they need.
In conclusion, Modon Developments is a leading real estate development and management company that offers a diverse range of residential and commercial properties to cater to the varied needs of its discerning clientele. The company’s focus on creating genuine mixed-use communities, luxury villas and towers, and boutique business villages has made it a trusted name in the real estate industry.
Innovative Development Strategies
Modon Development has been at the forefront of innovative development strategies in Saudi Arabia. The company has been working towards sustainable practices, collaborations, and partnerships to achieve excellence in local market expertise and international partnerships.
Sustainable Practices
Modon Development has been implementing sustainable practices in all its industrial cities. The company has been working to reduce its carbon footprint by implementing renewable energy sources, recycling programs, and water conservation measures. These efforts have helped Modon Development achieve a more sustainable future for the industrial cities while ensuring the growth of the economy.
Collaborations and Partnerships
Modon Development has been collaborating with various national and international companies to achieve its goals. The company has been working to foster opportunities for value chain initiatives and bolster local content. The collaborations and partnerships have helped Modon Development to achieve excellence in the local market expertise and international partnerships.
The company has also been working to adopt the latest technology to improve the efficiency and effectiveness of its operations. Modon Development has been investing in research and development to stay ahead of the competition. The company has been working to create a culture of innovation and creativity to achieve its goals.
In conclusion, Modon Development has been implementing innovative development strategies to achieve excellence in local market expertise and international partnerships. The company has been working towards sustainable practices, collaborations, and partnerships to achieve its goals. Modon Development’s efforts have helped to create a more sustainable future for industrial cities while ensuring the growth of the economy.
Client-Centric Approach
Modon Development is committed to a client-centric approach to its real estate projects. This approach is focused on ensuring that the clients’ needs and wants are met to the fullest extent possible.
Quality and Comfort
Modon Development understands that quality and comfort are of utmost importance to its clients. Therefore, it ensures that all of its projects are designed and built with the highest quality materials and standards. The company also ensures that all of its projects are equipped with state-of-the-art amenities and facilities that provide maximum comfort to its clients.
Flexible Installments
Modon Development also offers flexible installment plans to its clients. These plans allow clients to pay for their properties in a way that is convenient and affordable for them. The company understands that not all clients have the same financial capabilities, and therefore, it offers a range of installment plans that cater to different economic situations.
Modon Development believes that a client-centric approach is the key to providing added value to its clients. By focusing on their needs and wants, the company is able to provide them with the best possible real estate solutions.
Operational Excellence
Operational excellence is a management philosophy that emphasizes the use of various methodologies, tools, and strategies to optimize business operations and achieve sustainable growth. In the context of Modon Development, operational excellence is a vital aspect of the company’s plan to deliver high-quality industrial cities and technology zones that meet the needs of its customers.
Management and Leadership
Effective management and leadership are critical to achieving operational excellence in any organization. At Modon Development, the management team is committed to creating a culture of continuous improvement and innovation. This involves setting clear goals and objectives, providing employees with the necessary resources and support, and fostering a collaborative and inclusive work environment.
To ensure that operational excellence is integrated into all aspects of the organization, Modon Development has established a dedicated Operational Excellence department. This department is responsible for developing and implementing best practices, training programs, and performance metrics that enable the company to improve its operations and deliver value to its customers continuously.
Implementation Rates
Implementation rates are a crucial indicator of operational excellence. At Modon Development, the company has achieved high rates of implementation for its various initiatives and programs. This is due in part to the company’s focus on collaboration and engagement with stakeholders, including customers, employees, and partners.
One example of Modon Development’s successful implementation of operational excellence is its partnership with the public and private sectors to localize 13 of the United Nations’ 17 Sustainable Development Goals (SDGs). This initiative has helped to promote sustainable development in industrial cities and technology zones while also creating value for Modon Development’s customers.
Another example of Modon Development’s commitment to operational excellence is its success in evaluating 58 factories on the Global Smart Industry Readiness Index (SIRI). This evaluation measures the level of facilities in adopting applications of the fourth industrial revolution (4IR). Modon Development’s high implementation rates for this initiative demonstrate the company’s ability to leverage technology and innovation to drive operational excellence and deliver value to its customers.
In conclusion, operational excellence is a critical aspect of Modon Development’s strategy to deliver high-quality industrial cities and technology zones. Through effective management and leadership, as well as high implementation rates for its various initiatives and programs, Modon Development is well-positioned to achieve its goals and create value for its stakeholders.
Community and Educational Developments
Schools and Educational Facilities
Modon Developments is committed to creating genuine mixed-use communities that answer the needs of all residents. One key component of a thriving community is access to quality education. As such, Modon Developments has made it a priority to include schools and educational facilities in its developments.
For example, in 2023, Modon Developments signed a binding contract with Egypt Education Platform (EEP) to create a new British School in Alexandria. This school will provide high-quality education to the community and be a valuable asset to the area’s residents.
In addition, Modon Developments has also included educational facilities in its residential projects. For instance, the Boutique Village Compound in New Cairo features a community center with a library and study areas.
Urban Community Planning
Modon Developments is focused not only on building homes and schools but also on creating thriving communities. This means that they take a holistic approach to urban community planning, which includes the development of public spaces, infrastructure, and community amenities.
For example, the MODON Developments project in Cairo includes a community center, a gym, and a swimming pool, as well as public spaces for residents to enjoy. The project also features a central park that serves as a green oasis in the heart of the development.
Modon Developments also considers the needs of the surrounding community when planning its developments. For instance, the company has worked with local authorities to improve the infrastructure in the areas where it operates, including roads, utilities, and public transportation.
Overall, Modon Developments is committed to creating communities that are not just places to live but places to thrive. By including schools and educational facilities and taking a holistic approach to urban community planning, Modon Developments is creating communities that are sustainable, vibrant, and welcoming to all.
Future Expansion Plans
Modon Development is a leading real estate developer in Egypt with a strong track record of successful projects. The company has ambitious plans for future expansion, which are focused on both new capital projects and emerging market opportunities.
New Capital Projects
Modon Development aims to achieve seven projects in the New Administrative Capital (NAC) with the highest implementation rates. These projects will be developed in collaboration with several national companies, foster opportunities for value chain initiatives, and bolster local content. The company is committed to creating sustainable communities and shaping the future of Egyptian real estate.
Emerging Market Opportunities
Modon Development is also looking to expand its presence in emerging markets, particularly in East Cairo and the North Coast. The company plans to launch three new projects in these regions, designed to meet the needs of modern consumers and businesses. These projects will feature state-of-the-art infrastructure and amenities and offer a range of residential and commercial spaces.
Modon Development is well-positioned to take advantage of new opportunities in the Egyptian market. With a strong reputation for quality and innovation, the company is poised to continue its growth and success in the years to come.
EGYPT MLS
Egypt MLS, under Arab MLS, is a cutting-edge real estate platform for licensed professionals, realtors, and brokers in Egypt. It offers a comprehensive property database for easy searching, comparing, and booking of properties for sale, set to revolutionize the real estate industry in Egypt.
Frequently Asked Questions
Who is the owner of Modon Development?
Modon Development is a real estate development company based in Abu Dhabi, United Arab Emirates. It is a subsidiary of the Abu Dhabi government-owned investment company, Mubadala Investment Company.
What are the latest projects undertaken by Modon Development in Egypt?
Modon Development has been actively involved in the development of mixed-use communities in Egypt. Its latest project is the Alamein Towers, a luxury residential development located in the heart of the New Alamein City on the Mediterranean coast. The development comprises four towers, offering a mix of apartments, duplexes, and penthouses.
How can one pursue a career with Modon Development?
Modon Development is always on the lookout for talented and driven individuals to join its team. Interested candidates can visit the company’s website and apply for open positions through the careers portal. The company offers a range of career opportunities across various functions, including development, sales and marketing, finance, and operations.
What job openings are currently available at Modon Development?
Modon Development regularly posts job openings on its website. Interested candidates can visit the careers portal to view current openings and apply for positions that match their skills and experience.
What type of properties does Modon Properties specialize in?
Modon Development specializes in the development of mixed-use communities, including residential, commercial, and retail properties. The company has a strong focus on creating sustainable and innovative developments that meet the needs of the local community.
How has Modon Development contributed to the real estate sector in the UAE?
Modon Development has been a critical player in the real estate sector in the UAE, with a focus on creating world-class developments that support the country’s economic growth. The company has been involved in several high-profile projects, including the Hudayriyat Island development in Abu Dhabi, which features luxury villas and a range of leisure and recreational facilities. Modon Development’s commitment to innovation and sustainability has helped to shape the real estate landscape in the UAE and beyond.
