ORA Developers is boosting its UAE presence with the acquisition of an additional 4.8 million sqm of land from Modon Holding in Ghantoot, an area located between Dubai and Abu Dhabi. This land buy will take its footprint to 9.6 million sq m with a total AED30 billion ($8 billion) in project investment.
ORA Developers is expanding its UAE presence through the acquisition of an additional 4.8 million sq m of land from Modon Holding in Ghantoot, increasing its UAE land bank to 9.6 million sq m.
Ora Developers, a premier name in luxury real estate, has signed an agreement with Yubi, a global fintech unicorn, in a move that marks a significant shift in the UAE real estate market, moving from traditional manual financing to a hi-tech, AI-driven mortgage ecosystem.
ORA Developers has broken ground on its flagship 4.8-million-sq-m coastal community, Bayn, at Ghantoot region strategically located between Dubai and Abu Dhabi. A total of 805 villas and townhouses will be built within the first phase.
ORA Developers has appointed six leading consultancy partners for Phase 1 of its flagship coastal destination - BAYN - taking shape in Ghantoot. Spanning 1.2km natural beachfront, it encompasses 9,000 residences, with 55% open spaces, built on a 15-minute walkable layout.
Mace Consult, a global construction business based in UK, has been appointed by ORA Developers to deliver Phase 1 of its new coastal destination, Bayn. Located in Ghantoot, Abu Dhabi, the 4.8-million-sq-m mixed-use development will feature a total of 9,000 residences as well as a host of lifestyle amenities.
