{"id":694752,"date":"2026-04-19T00:00:00","date_gmt":"2026-04-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=694752"},"modified":"2026-04-19T03:32:56","modified_gmt":"2026-04-19T03:32:56","slug":"ora-developers-doubles-the-land-mass-for-its-uae-bayn-project","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/19\/ora-developers-doubles-the-land-mass-for-its-uae-bayn-project\/","title":{"rendered":"Ora Developers doubles the land mass for its UAE Bayn project"},"content":{"rendered":"

Ora Developers is doubling down on expanding its flagship <\/strong>UAE project Bayn to 9.6 mn sqm. <\/strong>The real estate firm, owned by b\u2019naire Naguib Sawiris, acquired an additional 4.8 mn sqm of land from UAE\u2019s Modon Holding in the Ghantoot region \u2014 a coastal corridor between Abu Dhabi and Dubai, Wam<\/a> reported on Thursday. No financial details were announced. <\/p>\n

Looking ahead: <\/strong>Ora is ratcheting up its total value ahead of a planned IPO in the UAE within the next four years. The agreement brings Ora\u2019s total investment in UAE to AED 30 bn once the project wraps up.<\/p>\n

REMEMBER-<\/strong> Ora launched Bayn in April 2025<\/a> right down the road from Dubai\u2019s massive new airport Al Maktoum International Airport. The developer collected AED 2.7 bn in residential sales last year alone, becoming the third-largest developer in Abu Dhabi by sales volume.<\/p>\n

A shift to the Gulf? <\/strong>Egyptian real estate heavyweights are expanding in the Gulf to avoid headwinds at home and protect their balance sheets. Talaat Moustafa Group is building its Benan City project in Riyadh<\/a>, while Palm Hills is developing the mega Saadiyat Shores project<\/a> in Abu Dhabi. This stability lured Ora to open its UAE headquarter in Dubai last year and build another luxury community<\/a> with US real estate firm Discovery Land Company.<\/p>\n","protected":false},"excerpt":{"rendered":"

Once the project wraps up, Ora Developers\u2019 investment in the UAE will amount to a total of AED 30 bn.<\/p>\n","protected":false},"author":1,"featured_media":694753,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7272],"tags":[72,65,125,599,83,90],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-694752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-enterpriseam","tag-investment","tag-investment-watch","tag-ora-developers","tag-real-estate","tag-uae","wpautop","entry"],"acf":{"mongo_id":"a982cdc6-d1c3-4cab-8b16-6bfa76df955e","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/4\/861.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Doubling down on Bayn","related_issue":[694742],"teaser":"Once the project wraps up, Ora Developers\u2019 investment in the UAE will amount to a total of AED 30 bn."},"yoast_head":"\nOra Developers doubles the land mass for its UAE Bayn project - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/19\/ora-developers-doubles-the-land-mass-for-its-uae-bayn-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ora Developers doubles the land mass for its UAE Bayn project\" \/>\n<meta property=\"og:description\" content=\"Once the project wraps up, Ora Developers\u2019 investment in the UAE will amount to a total of AED 30 bn.\" \/>\n<meta property=\"og:url\" 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