Tara Park Phase 1

Modon · 1BR, 2BR, 3BR · Reem Island, Abu Dhabi

Tara Park Phase 1 is a residential project by Modon in Reem Island, Abu Dhabi, offering 1BR, 2BR, 3BR layouts. Prices start from AED 2,856,000. This is an off-plan purchase with expected completion in December 2029 on a 60 / 40 payment plan. The indicative gross yield band for this area and unit mix is 5.5% – 7%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.

Tara Park Phase 1 is a prestigious residential complex in Reem Island, featuring modern architecture and a variety of amenities designed for urban living.

Key facts

Developer
Modon
Area
Reem Island, Abu Dhabi
Property type
1BR, 2BR, 3BR
Starting price
AED 2,856,000
Payment plan
60 / 40
Expected completion
December 2029
Construction status
Now selling
Indicative gross yield
5.5% – 7%

Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who this project fits

Tara Park Phase 1 typically fits buyers who prioritise location quality and value retention over immediate yield, across 1BR, 2BR, 3BR layouts in Reem Island, Abu Dhabi. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 5.5% – 7%.

Risks to weigh

As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Reem Island, Abu Dhabi can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Frequently asked questions about this project

How much does a unit at Tara Park Phase 1 cost?

Prices at Tara Park Phase 1 start from AED 2,856,000. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.

Where is Tara Park Phase 1 located?

Tara Park Phase 1 is located in Reem Island, Abu Dhabi. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.

What is the payment plan for Tara Park Phase 1?

The indicated payment plan is: 60 / 40. We verify the full structure, including milestones and the balance due at handover.

When is Tara Park Phase 1 expected to complete?

Expected completion is December 2029 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.

What yield can I expect at Tara Park Phase 1?

The indicative gross band for this area and unit mix is 5.5% – 7%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.

Who is the developer of Tara Park Phase 1?

Tara Park Phase 1 is developed by Modon. We review their delivery record, build quality and value retention before recommending it.

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