Real Estate

ORA Developers, a global leader in real estate innovation, has officially launched its new UAE headquarters at One Central, Dubai, signaling a major milestone in its expansion strategy and long-term commitment to the region’s thriving property sector. Backed by a strong portfolio and visionary leadership, the company is poised to become a key player in shaping the future of the UAE’s urban landscape.

Founded by Eng. Naguib Sawiris, ORA Developers, is renowned for its multi-billion-dollar real estate ventures across residential, hospitality, commercial, and entertainment sectors, with an active portfolio spanning 17 projects in seven countries, totaling over USD 45 billion in projected sales.

“Establishing our regional HQ aligns with the UAE’s forward-looking urban vision,” said Eng. Naguib Sawiris, Chairman and CEO of ORA Developers. “We’re integrating global best practices with local market expertise to build sustainable, future-ready communities that embrace nature, design, and innovation.”

With a current team of 94 employees and plans to triple its UAE workforce by the end of 2025, ORA Developers is setting the stage for transformative growth. The expansion is supported by a robust leadership team across development, HR, finance, branding, marketing, sales, and engineering.

Key Appointments Driving UAE Growth:

• Khaled Morgan, Chief Development Officer – spearheading innovative urban planning

• Ahmed Samir, Chief Human Resources Officer – leading talent acquisition

• Tamer Fikry, Chief Sales Officer – enhancing investor relations

• Mohamed Sheta, Chief Financial Officer – guiding financial strategies

• Lana Sawiris, Chief Brand Officer, & Rasha Georgy, Chief Marketing Officer – shaping global brand identity

• Amr Abdelmoneim, Chief Technical Officer – overseeing engineering and project execution

New Master-Planned Project in Ghantoot

In a major announcement, ORA Developers revealed plans for a 4.8 million sqm master-planned beachfront community in Ghantoot, strategically located between Abu Dhabi and Dubai. Featuring 1.2 kilometers of pristine Arabian Gulf shoreline, the project underscores the company’s commitment to balanced, sustainable development. Dedicated customer experience centers will be launched in Abu Dhabi and Dubai to provide tailored services and real-time project engagement.

ORA Developers is also a strategic investor in Discovery Dunes, an ultra-luxury golf community by Discovery Land Company, centered around a course designed by the legendary Tom Fazio—reinforcing ORA’s premium positioning in the market.

With the UAE real estate market projected to grow from USD 704.25 billion in 2024 to USD 1.08 trillion by 2030, ORA Developers’ strategic positioning, visionary leadership, and ongoing investment underline its intent to play a pivotal role in the sector’s transformation.

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