The world of luxury real estate has been reshaped with the recent acquisition of La Zagaleta, Europe’s most exclusive urbanization, by the Abu Dhabi Group Modon Holding, a prominent Abu Dhabi-based group. This strategic purchase underscores Modon Holding’s ambition to establish a strong presence in the European market, reinforcing its commitment to luxury, innovation, and sustainable development.

Nestled in the lush hills of Benahavís, just a short 20-minute drive from Marbella, La Zagaleta stands as the epitome of exclusive living. Spanning over 900 hectares of pristine natural surroundings, this gated community offers unparalleled privacy, security, and luxury amenities. With more than 400 plots and luxury villas, La Zagaleta is home to some of the most prestigious properties in Europe. Its residents enjoy access to two private golf courses, a state-of-the-art equestrian center, two luxurious clubhouses with fine dining options, a heliport, and breathtaking views of the Mediterranean Sea, Gibraltar, and even the northern coast of Africa.

Over the years, La Zagaleta has earned its reputation as a sanctuary for high-net-worth individuals seeking discretion and exclusivity. The urbanization’s focus on preserving its natural habitat while delivering top-tier amenities has made it a benchmark for luxury living on the Costa del Sol and beyond.

• Table of contents
• A new era for La Zagaleta
• Modon Holding’s vision for La Zagaleta
• La Zagaleta’s heritage and future development
• Why this acquisition matters
• About Modon Holding
• The Future of luxury Real Estate in Marbella
• Conclusion: A landmark deal with global impact

La Zagaleta, located in the scenic hills of Benahavís, just 20 minutes from Marbella, has long been considered a benchmark for discreet luxury and exclusivity. Spanning an impressive 900 hectares, the private gated community features over 400 luxury villas and plots, two world-class private golf courses, fine dining clubhouses, an equestrian center, a private heliport, and a host of other amenities. Surrounded by lush greenery, La Zagaleta offers breathtaking views of the Mediterranean, Gibraltar, and the northern coast of Morocco.

The acquisition by Modon Holding, whose majority shareholders include ADQ and the IHC Group, marks the Emirati company’s first major step into the European real estate market. While financial details of the transaction remain undisclosed, this move represents a cornerstone in Modon’s international expansion strategy.

The Abu Dhabi Group Modon Holding's acquisition of La Zagaleta aligns with the Emirati group’s strategy of expanding its portfolio of world-class developments. Modon Holding, backed by major shareholders ADQ and IHC Group, is renowned for its expertise in creating innovative urban projects, lifestyle experiences, and sports facilities. The group’s diversified portfolio in the UAE has set a standard for sustainable and smart living, and this acquisition marks its first major foray into Europe’s luxury real estate market.

H. E. Jassem Mohammed Bu Ataba Al Zaabi, Chairman of Modon Holding, stated, “The acquisition of La Zagaleta supports our vision of developing new possibilities for large-scale luxury housing. This acquisition sets a benchmark for future expansion and aligns perfectly with Modon Holding's ambition to consistently exceed expectations, as well as brings new potential and capability to our international real estate strategy.”

Modon Holding is renowned for its expertise in creating innovative urban developments, lifestyle projects, and sports facilities. Its portfolio in the UAE includes some of the most dynamic urbanizations and cutting-edge developments, emphasizing sustainability, smart living, and high-end experiences. This acquisition demonstrates Modon’s commitment to investing in iconic projects that reflect its long-term strategy of creating unparalleled value and transforming the landscape of luxury real estate.

While ensuring the preservation of La Zagaleta’s heritage and natural surroundings, Modon Holding’s involvement is expected to accelerate the urbanization’s pending development projects. With a focus on sustainability and exclusivity, the company aims to enhance La Zagaleta’s offerings without compromising its essence as a haven of privacy and sophistication.

The acquisition also includes the Majarambuz project, commonly referred to as Valderrama II, which is part of the Castellar Development Plan adjacent to Sotogrande. This land reserve covers 2.2 million square meters, including protected green areas, and is currently in the urbanization phase. The project aligns with Modon’s vision of creating transformative developments while preserving the natural environment.

La Zagaleta’s purchase comes at a time when the luxury real estate market in southern Spain is thriving. The so-called “Golden Triangle” of Estepona, Marbella, and Benahavís has become one of Europe’s most desirable destinations for high-net-worth individuals seeking exclusivity, privacy, and unparalleled amenities. The acquisition solidifies Modon Holding’s position as a key player in this prestigious market and paves the way for future investments in Europe’s luxury real estate sector.

This milestone deal is expected to bring significant economic benefits to the region, further elevating the Costa del Sol as a global hub for luxury living. By combining Modon’s expertise in innovative developments with La Zagaleta’s established reputation for excellence, this partnership has the potential to set new standards in high-end real estate.

Modon Holding, headquartered in Abu Dhabi, is a leader in the development of urban environments, unique hospitality experiences, and world-class sports facilities. With a diversified portfolio and a focus on innovation, Modon is shaping the future of sustainable and smart living. Its commitment to long-term value creation and strategic investments positions the company as a transformative force in the global real estate market.

By acquiring La Zagaleta, Modon Holding is taking a bold step towards integrating European luxury real estate into its growing portfolio. This move not only enhances its international presence but also reinforces its commitment to delivering exceptional developments that balance innovation, sustainability, and exclusivity.

As the Abu Dhabi Group Modon Holding takes the reins at La Zagaleta, the future of luxury real estate in Marbella looks brighter than ever. The acquisition represents a significant step forward in redefining what it means to live luxuriously in Europe. By introducing its expertise in smart living, innovation, and sustainable design, Modon is set to elevate La Zagaleta to new heights while preserving its core values.

This move also reflects a broader trend in the global luxury real estate market, where buyers increasingly prioritize sustainability, technology, and integrated lifestyle solutions. Modon’s plans for La Zagaleta and the surrounding projects are likely to resonate with a new generation of high-net-worth individuals seeking more than just a home—they want a complete living experience.

The acquisition of La Zagaleta by the Abu Dhabi Group Modon Holding is a landmark moment for both the Emirati group and the European luxury real estate market. It signifies not only the expansion of Modon’s international footprint but also the continued evolution of Marbella as a global hub for high-end living.

By combining La Zagaleta’s legacy of exclusivity with Modon’s forward-thinking approach, this partnership is set to redefine the standards of luxury real estate. For Marbella and the Costa del Sol, this deal is a testament to the region’s enduring appeal and its ability to attract world-class investments.

As Modon Holding begins this new chapter, the exclusive urbanization La Zagaleta remains a symbol of sophistication, privacy, and unmatched luxury—a true icon in the world of high-end living.