Showing posts with label Naguib Sawiris. Show all posts
Showing posts with label Naguib Sawiris. Show all posts

ORA Developers Doubles Down on UAE Glory: Ghantoot's Golden Expansion Ignites a Coastal Revolution


ORA Developers surges forward in **DUBAI, UAE**, boldly acquiring an additional 4.8 million sqm of land from Modon Holding in Ghantoot. This strategic move doubles its UAE land bank to 9.6 million sqm and unleashes a massive AED 30 billion project investment upon full development. Consequently, the developer cements its vision for world-class communities.

Strategic Location Fuels Unstoppable Growth

The prime site sits strategically between Dubai and Abu Dhabi, offering direct access to Sheikh Maktoum Bin Rashid Road. Thus, residents enjoy seamless connectivity across both emirates. Moreover, the location lies just 25 minutes from Al Maktoum International Airport, boosting accessibility and appeal.

Furthermore, this strengthened partnership with Modon accelerates development in Ghantoot. BAYN, ORA's flagship masterplan, emerges as a fully integrated destination. Conceived as "a community without compromise," the project blends city energy with coastal serenity.

Visionary Voices Echo Confidence

Naguib Sawiris, Chairman of ORA Developers, declared, "This move further reinforces our commitment to the UAE and our intention to continue our efforts in the country." He highlighted trust in the market's resilience and the nation's sustainable growth vision.

Bill O'Regan, Group CEO of Modon Holding, added, "With ORA, we have identified a partner that understands the unique value of Ghantoot." BAYN has already attracted strong demand since its launch, and the expansion promises continued success.

Milestones and Market Momentum

ORA Developers ranks third among Abu Dhabi's Top 10 Developers in the 2025 ADREC report. BAYN recorded AED 2.7 billion in residential sales and stands among the Top 10 projects. Therefore, these achievements underscore ORA's compelling credentials.

Additionally, the UAE's AED 92.4 billion 2026 Federal Budget and investments in transport corridors enhance connectivity. These fundamentals highlight economic resilience and perfect timing for ORA's high-growth expansion in the Dubai-Abu Dhabi corridor.

ORA Developers Doubles Down on UAE Glory: Ghantoot's Golden Expansion Ignites a Coastal Revolution

ORA Developers surges forward in **DUBAI, UAE**, boldly acquiring an additional 4.8 million sqm of land from Modon Holding in Gh...