BAGHDAD, Iraq – 13 June 2026 – Modon Real Estate Development, a proud part of Al Handal International Group (HIG), officially launched Phase One of Future City, marking a significant milestone in the development of one of Iraq’s largest residential projects.

The launch attracted more than 5,000 customers within the first 48 hours, reflecting strong interest in the project and its approach to providing modern and accessible housing solutions.

As part of its commitment to expanding homeownership opportunities, Future City introduced a Rent-to-Own payment model, offering Iraqi families greater flexibility in purchasing homes within an integrated residential community.

Future City forms part of Modon’s vision to develop sustainable communities that respond to the evolving needs of residents while supporting Iraq’s urban growth and development. The project seeks to make quality housing more attainable through innovative planning and customer-focused solutions.

The launch of Phase One represents an important step in the project’s development and highlights the growing demand for flexible housing options that support the aspirations of Iraqi families.