FAQs
Q1: What is Tara Park?
Tara Park is a waterfront twin-tower residential community by Modon Properties on Reem Island, Abu Dhabi. It offers 1, 2 and 3 bedroom apartments with sizes from 82 to 247 sq.m and prices starting from AED 1.64 million.
Q2: Where is Tara Park located?
Tara Park is located on Reem Island, Abu Dhabi, directly opposite Reem Mall and close to Al Fay Park. It is approximately 10 to 15 minutes by car from Downtown Abu Dhabi and 30 minutes from Abu Dhabi International Airport.
Q3: What is the starting price for Tara Park?
Prices at Tara Park start from AED 1.64 million for 1 bedroom apartments. 2 and 3 bedroom apartments are available at higher price points upon request.
Q4: What is the payment plan for Tara Park?
Tara Park offers a 50/50 payment plan with only 5% required on booking. Buyers pay 45% during construction in staged installments and the remaining 50% on handover, which is scheduled for Q3 2029.
Q5: Who is the developer of Tara Park?
Tara Park is developed by Modon Properties, a government-related Abu Dhabi developer with a strong portfolio of residential, commercial and mixed-use projects across the UAE capital, including communities on Reem Island, Al Hudayriyat Island and Abu Dhabi Island.
Q6: Is Tara Park a good investment in Abu Dhabi?
Tara Park offers solid investment potential. Reem Island is one of Abu Dhabi's most active freehold residential markets, with 1 and 2 bedroom apartments generating rental yields of 6% to 7.5% per year. The project's location directly opposite Reem Mall, its 5% booking amount, and its proximity to schools, hospitals and Al Fay Park make it attractive to both long-term tenants and owner-occupiers.