ORA Developers Expands UAE Footprint with 4.8 Million Sqm Ghantoot Land Acquisition

ORA Developers has acquired an additional 4.8 million sqm in Ghantoot from Modon, expanding its UAE footprint and supporting a AED30 billion mixed-use development vision.

Key Highlights

• ORA Developers has acquired an additional 4.8 million square metres of land from Modon Holding in Ghantoot, significantly expanding its UAE development presence.
• The acquisition brings ORA Developers’ total land footprint in the UAE to 9.6 million square metres, marking a major growth milestone.
• The expanded masterplan is expected to support a total project investment of AED30 billion, reinforcing confidence in the long-term potential of the UAE real estate market.
• Strategically located between Abu Dhabi and Dubai, the Ghantoot development benefits from direct access to Sheikh Maktoum Bin Rashid Road, enhancing regional connectivity.
• The expansion supports the continued growth of Bayn, ORA’s flagship masterplan, which is evolving into a fully integrated coastal destination.
• Bayn combines residential, hospitality, retail, and lifestyle components, reflecting demand for mixed-use communities designed around liveability and long-term value.
• The strengthened partnership between ORA and Modon is expected to accelerate development activity and support the creation of a world-class destination in Ghantoot.
• ORA Developers said the expansion reflects its long-term confidence in the UAE market and commitment to developing integrated communities in high-opportunity locations.
• Bayn has already demonstrated strong market traction, recording AED2.7 billion in residential sales in 2025 and ranking among top-performing projects in Abu Dhabi.
• ORA Developers was also ranked among Abu Dhabi’s top developers in 2025, reinforcing its growing position in the regional property sector.
• The new land acquisition supports rising momentum in large-scale waterfront and mixed-use developments across the UAE.
• The project aligns with broader trends toward destination-led communities that combine investment appeal, infrastructure, and lifestyle-driven urban planning.
• The AED30 billion development vision further highlights growing capital allocation toward strategic real estate expansion in the UAE.
• Overall, ORA’s expansion in Ghantoot strengthens its regional growth strategy while reinforcing the UAE’s appeal as a leading market for large-scale property investment and integrated community development.