Oro 24 Developments

Developer overview

ORO24 is a Dubai-headquartered company that describes its activities as property development, facility management and investments. In the keynote on its "Our Story" page, the chairman presents ORO24 as a new-age real estate corporation resting on four pillars: products, related services, financial engineering and relationships. The same page sets out a vision and mission centred on value engineering, the use of technology, and keeping to budgets and deadlines.

The chairman is Atif Rahman. One of the projects shown on the company's homepage is not residential at all: Masjid Ata Ur Rahman in Arjan, a mosque the company says he built in his late grandfather's name. It sits within the same neighbourhood as most of ORO24's homes.

In DPF's own records the developer appears as "oro-24-developments", but the brand is written ORO24 (and sometimes Oro24) in listings and on the official website.

Portfolio and locations

Arjan, near the Dubai Miracle Garden and Umm Suqeim Road, is ORO24's home ground. Browse Arjan listings or read the Arjan area guide.

• Torino, Arjan – a completed gated community of modern homes set among gardens and parks, each with private outdoor space, plus badminton, padel, tennis and squash courts, a yoga deck, a lazy river, a pet zone, a community cinema and a health club.
• Kyoto, Arjan – a Zen-inspired residential tower whose amenity list runs from water features, a meditation zone and an infinity pool to padel on the water, an observatory lounge, a bowling alley, virtual golf and an outdoor cinema. Both current DPF listings for ORO24 are one-bedroom apartments here.
• Elano, Arjan – a residential project with a landscaped garden, swimming pool, cabanas, barbecue stations, indoor basketball, karaoke, steam and sauna rooms and a library.
• Levanto, Jumeirah Village Circle – a mixed-use building with apartments including duplexes, verandahs, a sky garden, an indoor golfing zone and a rooftop cinema and jacuzzi. See JVC listings and the JVC area guide.
• Albero – a newer residential project with a temperature-controlled pool, rooftop lounge and walking trail. Confirm its location with the developer, as the project page does not state it.

Property types

ORO24 builds apartments, including duplex layouts at Levanto. Its projects are heavy on lifestyle amenities, with leisure facilities such as bowling, cinemas and virtual golf appearing across several buildings. Torino is complete; Kyoto, Elano, Levanto and Albero are at various stages, so the paperwork attached to a resale differs from project to project.

What buyers should verify

1. Project and building. Arjan contains several ORO24 projects close together; confirm the exact one on the Oqood or title deed.
2. Off-plan or ready. Ask the Dubai Land Department or the developer for the registered status and completion timeline of that project.
3. Payment history. Get a developer statement of the payment plan, the instalments paid and the amount outstanding.
4. Amenity delivery. Long amenity lists are a marketing feature. Ask which facilities are in the sale documents for that building.
5. Transfer consent. Confirm when ORO24 will issue a NOC and whether any minimum payment must be reached first.
6. Seller identity. Check that the person selling matches the name on the Oqood, or that an agent holds a valid power of attorney, before any deposit changes hands.

Finding distressed and below-market ORO24 properties

The ORO24 listings on DPF show the typical shape of an Arjan investor resale: a one-bedroom unit in Kyoto, advertised below the original purchase price. Owners in this position are often motivated sellers who would rather exit than keep paying instalments, and some list as an urgent sale.

Read the terms carefully. Below original price, or below OP, means under the seller's contract price with ORO24. Below market value means under recent resales of comparable units, which is a separate comparison. In an off-plan resale the buyer takes over the remaining payment plan, so the outstanding balance matters as much as the headline figure. A cash buyer may be able to settle the seller's position in one transaction, but the NOC and Dubai Land Department registration still apply.

Because several ORO24 buildings are close together in Arjan, compare a listing against resales in the same project rather than the wider neighbourhood. DPF gathers these listings so buyers can compare them in one place. It does not price units or verify sellers' claims, so the checks above remain the buyer's job.