Modon Holding PSC reported revenue of AED13.8 billion and net profit of AED3.9 billion for FY2025, marking its first full year of consolidated results since formation in February 2024. Moreover, the Group delivered strong year-on-year growth on a comparable basis, excluding prior one-off items, reflecting the resilience of its operating model and disciplined execution.
In 2025, L’imad Holding Company acquired an 84.75% stake in Modon. As a result, the Group strengthened its institutional platform and enhanced access to long-term capital. Consequently, management accelerated strategic delivery and improved operational efficiency across business segments.
Real Estate Drives Performance
Real Estate led growth during the year, generating record sales of AED36.3 billion. Additionally, the investment-led model supported recurring income diversification across Asset & Investment Management, Hospitality, and Events, Catering & Tourism. Therefore, the Group reinforced earnings visibility and long-term shareholder value.
Project Pipeline and Backlog
During the year, Modon advanced major developments on Al Reem Island and Hudayriyat Island, achieving successive launches and rapid sell-outs. Furthermore, it continued progress on the Ras El Hekma destination in Egypt.
Group revenue backlog reached AED46.0 billion. As a result, the company enters 2026 with strong forward earnings visibility and a solid foundation for sustained growth.

