Egypt’s ORA Developers Doubles UAE Land With $8.2B BAYN Project in Abu Dhabi
Egypt-based ORA Developers has increased its presence in the UAE by buying more land in Abu Dhabi. The company purchased an additional 4.8 million square meters of land from Modon Holding, which is listed in Abu Dhabi. This new land is located in Ghantoot, an area between Abu Dhabi and Dubai.
With this deal, ORA Developers has doubled its total land area in the UAE to 9.6 million square meters. This is a major step for the company as it continues to grow its projects in the region.
ORA Expands Its Presence in the UAE
ORA Developers said that this new land purchase will increase the total value of its BAYN project to $8.2 billion (AED 30 billion) when it is fully completed. The company shared this update in a statement released on Thursday.
This deal is considered one of the biggest land expansions by a private real estate developer in Abu Dhabi. The city’s property market is growing quickly, with more people buying homes and investing in real estate. Government policies that support investors are also helping attract money from other countries into Abu Dhabi.
Because of these factors, many developers like ORA are increasing their investments in the UAE.
About the BAYN Project
The BAYN project is a large, planned community located between Dubai and Abu Dhabi. It was first launched in 2025 and is designed to connect both cities easily.
The location is very important because it allows people to travel quickly between Dubai and Abu Dhabi. This makes it attractive for people who work in one city but want to live in another.
The project has already shown strong results. In 2025, BAYN recorded residential sales worth $735 million (AED 2.7 billion). This data was shared by the Abu Dhabi Real Estate Center (ADREC). These early sales show that there is strong demand for new and modern communities in this area.
Many buyers are interested in large, well-planned communities that offer good facilities, modern homes, and easy access to major cities.
ORA Developers’ Growth and Achievements
ORA Developers was founded in 2016 and has grown quickly over the years. Today, the company has about $4 billion in total assets. It has also achieved more than $61 billion in sales across several countries.
These countries include Egypt, Greece, Cyprus, Grenada, and Pakistan. The company focuses on building high-quality residential and mixed-use projects.
With its expansion in the UAE, ORA Developers is strengthening its position as a global real estate developer.
Strong Growth in Abu Dhabi’s Property Market
ORA’s expansion comes at a time when Abu Dhabi’s real estate market is performing very well. The market saw record growth in 2025 and is expected to stay strong in 2026.
According to ADREC, total real estate transactions in Abu Dhabi reached $38.7 billion (AED 142 billion) in 2025. This shows a big increase in activity compared to previous years.
Residential property sales also increased significantly, reaching $20.7 billion (AED 76 billion). This means more people are buying homes in the city.
Rental returns in Abu Dhabi remain attractive, ranging between 5% and 8%. This makes the city appealing for investors who want regular income from their properties.
Another reason for the market’s stability is controlled supply. Developers are not building too many properties at once, which helps keep prices stable and protects long-term property values.
Rising Interest From Foreign Investors
Abu Dhabi is also attracting more foreign buyers. Many overseas investors and expatriates are now buying properties in the city.
This growth is supported by government policies such as long-term visas, tax benefits, and the ability for foreigners to fully own property in certain areas.
These changes have made Abu Dhabi more attractive to international investors who are looking for safe and profitable real estate opportunities.
Economic Growth Driving Housing Demand
Abu Dhabi is working to reduce its dependence on oil by developing other sectors. These include finance, tourism, technology, logistics, and culture.
As these industries grow, more people are moving to the city for work and business. This is increasing the demand for housing.
Because of this, there is strong interest in master-planned communities, waterfront developments, and mixed-use projects. Popular areas include Yas Island, Saadiyat Island, and Al Reem Island. New areas like Ghantoot are also becoming more important for future developments.
Projects like BAYN are designed to meet this growing demand by offering modern homes and good infrastructure.
Strong Property Ties Between Egypt and the UAE
At the same time, real estate investment between Egypt and the UAE is increasing. Companies from both countries are investing in each other’s markets.
One example is VIE Communities, a UAE-linked company that recently entered the Egyptian market. The company started its operations in late March with an initial investment of $19.8 million (EGP 1 billion).
VIE Communities is planning to launch its first project in New Cairo. It will develop a services area at Zomra East in partnership with Nations of Sky Egypt.
Details of the New Cairo Project
The project will cover 65 feddans of land. It will include a mix of commercial, administrative, and entertainment facilities.
There will also be hotels, serviced apartments, a medical district, and a sports club. A major highlight of the project will be a landmark tower that is expected to reach 90 meters in height.
The development aims to generate total sales of about $1.8 billion (EGP 91 billion). The project will be completed in phases over five years.
This project shows how real estate cooperation between Egypt and the UAE is growing stronger.
Conclusion
ORA Developers’ latest land purchase in Abu Dhabi is a major step in its expansion strategy. By doubling its land area in the UAE, the company is investing heavily in one of the region’s fastest-growing property markets.
The BAYN project is expected to become a key development between Dubai and Abu Dhabi, offering modern living spaces and strong investment opportunities.
At the same time, Abu Dhabi’s real estate market continues to grow, supported by strong demand, investor-friendly policies, and economic diversification.
With increasing investment flows between Egypt and the UAE, both countries are strengthening their positions in the regional real estate sector.
Overall, the future looks positive for developers, investors, and homebuyers in both markets.
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