Ora Developers

ORA Developers is a global developer of lifestyle destinations chaired by Eng. Naguib Sawiris, the Egyptian businessman who established Orascom Telecom Holding (OTH). Rather than single towers, ORA builds large-scale, master-planned communities, with projects across Grenada, Greece, Cyprus, Egypt, Pakistan and Iraq. Its UAE debut is BAYN, a 4.8 million sqm waterfront masterplan set between Abu Dhabi and Dubai. 

Quick facts

Communities and projects

Unlike developers that build across many established districts, ORA's UAE presence currently centres on a single large-scale destination. BAYN, positioned between Abu Dhabi and Dubai, is ORA's flagship, and so far only UAE community, spanning four residence tiers rather than standalone towers. betterhomes lists availability across all of BAYN's residence categories.

Buying and payment plans

BAYN's launch payment plan is structured as 10%+2% on booking, 10% within 60 days, 40% during construction (paid quarterly), and the remaining 40% on handover.

Find an ORA Developers property

Browse BAYN residences listed with betterhomes, or ask a specialist about apartments, townhouses, standalone villas or the boutique villa and mansion release.

betterhomes works directly with ORA's UAE sales team and covers all of BAYN's residence categories. A specialist can advise on unit availability, confirm current payment terms, and guide you through the reservation process.

Frequently asked questions

Who owns ORA Developers?

ORA Developers is chaired by Eng. Naguib Sawiris, who also established Orascom Telecom Holding (OTH).

When was ORA Developers founded?

The company was founded in 2016, originally under the name Gemini Global Development. Naguib Sawiris rebranded it ORA Developers in 2018, unveiling the new brand at Cityscape Global in Dubai.

Is ORA Developers a good developer to buy from?

ORA is a global developer with communities across Grenada, Greece, Cyprus, Egypt, Pakistan and Iraq, chaired by a prominent regional business figure. BAYN is currently in its pre-launch phase in the UAE, so buyers are purchasing based on the masterplan and unit specifications rather than completed stock.

What is ORA Developers' most famous project?

In the UAE, BAYN, a 4.8 million sqm waterfront masterplan between Abu Dhabi and Dubai is ORA's flagship and first local project.

Is ORA Developers RERA registered?

ORA Developers isn't RERA-registered because RERA doesn't apply, that's Dubai's regulator, and BAYN sits in Abu Dhabi's Ghantoot, under ADREC (Abu Dhabi Real Estate Centre) instead. ORA is well-recognized there: ADREC's 2025 report ranked it third among Abu Dhabi's Top 10 Developers.

Can foreigners buy ORA Developers properties?

Yes. BAYN is a freehold development, and Ghantoot is designated as an investment zone in Abu Dhabi, meaning foreign nationals and expatriates can buy and hold full ownership there.

What are ORA Developers' payment plans?

BAYN's launch payment plan is 10%+2% on booking, 10% within 60 days, 40% during construction (paid quarterly), and 40% on handover.

Which ORA Developers community has the best ROI?

BAYN is currently ORA's only UAE community, so there isn't yet a comparative ROI track record between different ORA developments in the country. 

How does ORA Developers compare to other UAE waterfront developers?

ORA's UAE debut, BAYN, is differentiated by its position on the Ghantoot corridor between Abu Dhabi and Dubai, a location not shared by developers building solely within Dubai or solely within Abu Dhabi.