ORA Developers Acquires Additional Land in UAE, Total Investment to Reach AED 30 Billion

ORA Developers has acquired 4.8 million sqm of land in Ghantoot from Modon Holding, doubling its land bank to 9.6 million sqm. The acquisition is expected to drive a total project investment of AED 30 billion, signaling confidence in the UAE real estate market. The land is strategically located between Dubai and Abu Dhabi with strong connectivity.

By ORA · PR Newswire · April 16, 2026, 14:28 UTC

Tickers: $ORA

Topics: acquisition development investment real estate UAE market

Read the full article at PR Newswire

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