ORO 24
ORO24 REAL ESTATE DEVELOPMENT L.L.C
Company History & Background
ORO24 Real Estate Development L.L.C is one of Dubai’s modern, innovation-focused real estate developers, founded in 2021 by Atif Rahman, a well-known industry figure with extensive experience in leading major development portfolios across the UAE. The company was established with a mission to redefine value-based real estate by delivering accessible, community-driven, and design-conscious developments across Dubai.
The name “ORO24” reflects the concept of “gold around the clock,” emphasizing the company’s commitment to providing high-value, high-quality real estate that enhances everyday living. Despite being a relatively young entity, ORO24 has quickly gained traction in the industry due to its ambitious launch strategy, customer-centric approach, and ability to scale its portfolio rapidly within a short time.
A key milestone for the company was the announcement of multiple master communities and residential clusters soon after its founding, signaling its emergence as one of the fastest-growing new developers in Dubai. ORO24 has continued to expand its project lineup with developments spanning affordable housing, premium lifestyle residences, and mixed-use urban communities.
Today, the company operates with a clear focus on delivering well-priced, modern homes backed by strong amenities and long-term community value.
Market Position & Reputation
ORO24 has gained a strong market reputation for being:
- One of Dubai’s most dynamic emerging developers, launching multiple communities across strategic locations.
- A leader in value-engineered housing, offering high-quality, amenity-rich lifestyle communities at accessible price points.
- Customer-centric and transparent, often praised for clear communication and investor-friendly product offerings.
- A brand associated with innovation, modern architectural design, and smart community planning.
- Highly reliable, despite being new, due to strong leadership and a clear execution strategy.
The company is known for challenging traditional development models by offering high-end amenities, smart layouts, and elevated lifestyle features typically found in premium properties, but at mid-market prices. This has made ORO24 particularly appealing to first-time buyers, young families, and investors seeking strong rental potential.
Specialization & Expertise
ORO24 specializes in value-driven residential and mixed-use developments, with expertise across:
Affordable-to-Premium Housing
Creating communities that offer elevated living standards without premium pricing, targeting end-users and mid-income residents.
Mixed-Use Master Communities
Projects incorporating residential clusters, retail, leisure facilities, sports amenities, co-working spaces, and green areas.
Smart Design & Space Optimization
Highly efficient floor plans, multi-functional layouts, and modern interior concepts designed for practical urban living.
Lifestyle Amenities
ORO24 developments frequently include wellness zones, pools, play areas, fitness facilities, shared work lounges, and social spaces.
Strategic Location Development
Focusing on rapidly growing areas such as Arjan, Jumeirah Village Circle, Liwan, and Dubai Silicon Oasis—locations offering strong appreciation potential.
Investor-Oriented Products
Developments designed for strong rental yields with high-demand layouts, making ORO24 popular with real estate investors.
Notable Projects
Torino by ORO24 – Arjan
A resort-style residential community integrating open spaces, modern apartments, and vibrant amenities.
Highlights:
- Smart, efficient apartment layouts
- Boutique architecture
- Large community areas, pools, and leisure zones
- Why it stands out:
- A highly successful launch offering exceptional value with strong rental market performance.
Kensington Waters (Collaboration Phase)
A high-merit residential project reflecting the company’s commitment to quality and modern design.
Highlights:
- Contemporary interiors
- High-end amenities
- Sustainable design principles
Levanto by ORO24 – Jumeirah Village Circle
A large-scale residential community offering a wide mix of apartments and duplexes.
Highlights:
- Family-oriented design
- Multiple community facilities
- Strong appeal among both renters and end-users
- Why it stands out:
- One of JVC’s most comprehensive lifestyle projects.
Kyoto by ORO24 – Dubai Land
A wellness-focused residential development incorporating nature-inspired design.
Highlights:
- Zen-inspired architecture
- Enhanced community wellness amenities
- Strong market acceptance
Haven Residences – Arjan
A low-rise residential project known for its practical layouts and modern styling.
Why it stands out:
Ideal for investors seeking a balance of affordability and performance.
These projects demonstrate ORO24’s clear direction—developing well-priced lifestyle communities with strong market demand and long-term value growth.
Quantifiable Data
Although still early in its lifespan, ORO24 has achieved impressive scale in a short period:
- Years of operation: Approximately 3–4 years
- Completed projects: 3–4 residential developments
- Projects under development: 6–8 active projects across major growth zones
- Total units delivered/under development: Over 4,000 residential units
- Built-up area developed: Exceeds 2 million sq. ft., with an expanding development pipeline
- Customer satisfaction metrics: Strong early market feedback due to modern design and value propositions
- Market absorption: High sell-through rates at launch for most communities, reflecting strong demand
- Unit types: Studios, 1BR, 2BR, duplexes, townhouses (depending on the project)
These figures illustrate ORO24’s rapid growth and willingness to pursue large-scale community development despite its young age.
Market Data & Performance
ORO24’s developments have shown strong performance across key market indicators:
- High occupancy rates in Arjan and JVC contribute to rental stability.
Capital Appreciation
- Projects typically experience steady appreciation, driven by strong demand and ongoing development in surrounding areas.
- Early investors in initial launches have seen above-average value growth.
Resale Market Performance
- ORO24 developments remain attractive in the secondary market due to modern amenities, high-quality finishes, and efficient layouts.
- Units are generally easy to resell due to their accessibility and competitive pricing.
Demand Indicators
- Launch phases for major projects often sell out rapidly, reflecting strong buyer confidence.
- The company’s brand recognition is rising quickly, positioning it as a preferred choice among mid-market buyers.
Investor Attractiveness
ORO24 properties appeal to long-term investors due to:
- High demand for modern, affordable units
- Strong tenant retention
- Strategic locations with growth potential
- Lifestyle amenities enhancing community desirability
ORO24 Real Estate Development L.L.C is one of Dubai’s rising stars in the real estate sector. Despite being a young developer, the company has quickly established a powerful presence by focusing on value-driven communities, modern architecture, lifestyle-rich amenities, and customer-centric development strategies.
With multiple successful projects, a rapidly growing portfolio, and a strong presence in high-demand residential districts, ORO24 is becoming a preferred brand for both end-users and investors seeking quality homes with long-term value.
For buyers looking for modern, affordable, and well-planned properties—or for investors targeting high-yield residential assets—ORO24 Real Estate Development stands out as a reliable, forward-thinking, and fast-growing developer in Dubai’s competitive market.