New headquarters reinforces ORA Developers’ commitment to UAE’s real estate sector.
ORA Developers plans to triple workforce in the UAE by the end 2025 driving execution
of transformative, billion-dollar developments.
A proven track record and strategic partnerships position ORA Developers as a key
player in the UAE market
United Arab Emirates, Dubai, 18 th April 2025: ORA Developers, a globally recognized real
estate leader, has established its UAE headquarters at One Central. This strategic move
reinforces ORA Developers’ regional expansion while directly supporting the UAE’s vision for
sustainable, future-ready urban environments that drive economic growth.
Founded by Eng. Naguib Sawiris, ORA Developers boasts a global portfolio spanning
residential, hospitality, commercial, and entertainment. With an extensive land bank of over 76
million sqm, ORA Developers has a global portfolio spanning 17 projects across seven
countries, with an estimated total sales value of over USD 45 billion.
Industry forecasts indicate that the UAE’s real estate market is on a robust growth trajectory,
with a projected increase in total market value from USD 704.25 billion in 2024 to USD 1.08
trillion by 2030.
Eng. Naguib Sawiris, Chairman and CEO of ORA Developers, emphasized the significance
of the new headquarters, stating: “In a fast-evolving real estate landscape, establishing our
regional headquarters is a crucial step that aligns with the UAE’s long-term vision for urban
development. This hub not only strengthens our ability to deliver innovative, future-ready
communities but also allows us to integrate global best practices with the UAE’s dynamic
market needs. By prioritizing nature, connectivity, and design, we are committed to shaping
sustainable, well-balanced developments. Our leadership team’s extensive experience and
long-standing commitment to ORA Developers have been instrumental in building our diverse
portfolio, driving growth, and ensuring the successful execution of transformative projects.”
Since entering the UAE in 2023, ORA Developers has rapidly scaled its presence acquiring
prime land, obtaining regulatory approvals, and laying the groundwork for transformative
developments. The company built its UAE team from the ground up-growing to nearly 94
employees, with plans to at least triple by the end of 2025. By combining local market expertise
with a seasoned leadership team, ORA Developers has established a robust foundation for
operational continuity and sustained growth.
Driving the UAE expansion a leadership team with expertise through development, sales,
branding, marketing and finance. Khaled Morgan, Chief Development Officer, ensures
delivering unique and innovative urban experiences, while Ahmed Samir, Chief Human
Resources Officer, drives talent acquisition in the UAE to support rapid scaling. Expanding on
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this foundation, Tamer Fikry, Chief Sales Officer, enhances investor engagement, Mohamed
Sheta, Chief Financial Officer, leads financial strategy, and Lana Sawiris, Chief Brand
Officer, alongside Rasha Georgy, Chief Marketing Officer, shapes global positioning. Amr
Abdelmoneim, Chief Technical Officer, oversees engineering and execution, maintaining top
industry standards.
Furthermore, ORA Developers will soon unveil details of its key investment in the UAE, a 4.8
million sqm master-planned community in Ghantoot. The project, strategically positioned
between Abu Dhabi and Dubai, features 1.2 kilometers of pristine Arabian Gulf beachfront.
ORA Developers will establish customer experience centers in both Abu Dhabi and Dubai to
provide a dedicated touchpoint for clients and stakeholders.
ORA Developers is also a strategic investor in Discovery Dunes, a project by Discovery Land
Company. The ultra-luxury community is designed around a championship golf course by Tom
Fazio. This project further validates ORA’s strategic investment decisions in the sector and the
UAE market.
With its strengthened presence in the UAE, ORA Developers remains committed to creating
forward-thinking, balanced communities that seamlessly integrate nature, connectivity, and
modern infrastructure.
