How luxury real estate is being redefined
In the vast landscape of global real estate and hospitality, one developer stands out for its visionary leadership and prestigious portfolio that encapsulates a new age of luxury living.
Excellence as a benchmark
Launched in 2016 under the vision of the Egyptian entrepreneur Eng. Naguib Sawiris, ORA Developers has a track record for transforming skylines with luxurious developments—unseen in the real estate and hospitality industry.
Building on the success of his time as CEO at Orascom Telecom, a world-leading telecommunication company, Sawiris founded ORA Developers with an initial investment of $16 million. What began as an idea for a unique portfolio has grown into a collection of 13 global developments, with total assets worth $2.5 billion.
On its seven-year trajectory, ORA Developers has never slowed down in its pursuit of excellence, balance, and happiness.
If you do something, you either do it excellently or you do not touch it.
Eng. Naguib Sawiris, Chairman and CEO of ORA Developers
This philosophy underpins every one of ORA’s developments, enabling originality and quality that exceeds customer expectations and industry standards.
Balance of function and design
ORA Developers has a footprint in four continents. From the interconnected high-rise ZED El Sheikh Zayed in Egypt to the luxury living quarters of Eighteen in Pakistan—complete with an 18-hole golf course—the ORA portfolio epitomizes both functionality and opulence in a residential, commercial, and recreational capacity.
What sets it apart from other industry heavyweights is that no two developments are the same. They are differentiated by their beautiful surroundings, purposeful design, and intuitive thinking.
Silversands in Grenada is a collection of eight exclusive villas that offer views of either the Caribbean Sea or lush hillside. Complete with a full-service spa, an award-winning chef, and private access to the beach, it gives guests the opportunity to indulge in the highest level of hospitality. At the center of the development is the longest swimming pool in the Caribbean. Measuring 100 meters, it appears to stretch seamlessly into the ocean—an ode to ORA’s legacy of defying the ordinary.
While Silversands stands out for its one-of-a-kind features, Ayia Napa Marina owes its uniqueness to its spiraling structures, which only a handful of architects have attempted around the world. Housing deluxe apartments and surrounded by world-class yachting facilities, retail boutiques, and waterfront restaurants, the marina entices residents and visitors with the best of the Mediterranean.
Sawiris knows what people have come to expect from their local real estate and hospitality through his keen understanding of international markets and cultures. As a result, he knows how to challenge this archetype—a disruptive, yet trusted approach that he will continue to apply to ORA Developers’ future projects.
Happiness in new ventures
Designing luxury lifestyle destinations in unique locations doesn’t come without its challenges. It took ten years for ORA Developers to consolidate over two million square meters of land before construction could even begin on its development in Pakistan.
Whether it’s navigating land disputes or political uncertainties, or delivering on time and to a high standard, the journey to completion isn’t always linear. “From a financial perspective, the returns [on our developments] are long-term,” explains Sawiris. “Not many people venture into [them]” due to the unpredictability of the industry.
In Ghantoot in Abu Dhabi, ORA Developers has plans to channel its expertise into the UAE’s volatile real estate market. Having signed a partnership agreement with Q Holding, it will develop the largest real estate project in the history of the UAE’s private sector—covering a total area of 20,000,000 sqm.
Together, they will build a comprehensive city of the future, incorporating a smart hotel, residences, and commercial and recreational facilities. The ambition is to create a destination for residents and tourists looking for a live-work-play community.
Situated along the golden coast that connects Abu Dhabi and Dubai, it presents a remarkable opportunity to link two prominent cities in a way that upholds ORA Developers’ commitment to sustainability.
Just like its developments in Grenada that blend seamlessly into their environment, ORA Developers will ensure its UAE project remains sympathetic to its surroundings. Not only will it utilize natural resources and renewable energies, but it will also support local communities through new employment opportunities.
The Abu Dhabi development exemplifies ORA Developers’ ability to push geographic boundaries. Teeing up more opportunities around the world, it is set to add many more milestones to a long line of achievements. This evolution is a testament to the vision and leadership of Sawiris who, alongside a dedicated team, has positioned ORA Developers as a leader in the global real estate and hospitality industry.
