
Tara Park Phase 1 is a prestigious residential complex in the heart of Reem Island, featuring contemporary architecture designed for comfortable urban living. The complex consists of two residential towers connected by a common podium and configured with a ground floor, podium, and eighteen residential floors. The project offers a collection of 340 residences, featuring one-, two-, and three-bedroom apartments. The apartments are designed with an emphasis on natural light, functionality, and comfort, with views of landscaped green gardens. The complex features swimming pools, a fitness center, a yoga studio, a padel court, a multi-purpose sports field, a children's playroom, a shaded garden lounge, a coworking and study area, open workspaces, an art studio, a community kitchen, an indoor retail courtyard, an early childhood education center, and on-site security. Tara Park Phase 1's location provides convenient access to key points: Downtown Abu Dhabi, ADGM, and The Galleria Mall are 5 minutes away; Louvre Abu Dhabi is 15 minutes away; Disneyland Abu Dhabi is 23 minutes away; Zayed International Airport is 25 minutes away; and Downtown Dubai is 90 minutes away. Sorbonne University, Repton School, and Cleveland Clinic Abu Dhabi are also nearby.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Tara Park Phase 1 launch basis | 2,970 | AED 2.67M | Current launch / asking basis |
| Reem Island ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Reem Island premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























Tara Park Phase 1 official render 1

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Tara Park Phase 1 official render 10
Astraterra Properties
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Reem Island
Tara Park Phase 1 by Modon
Located in Reem Island
Starting from AED 2,673,000
Unit mix includes 2 BR, 3 BR, Apartments
Expected handover: Dec 2029
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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