17-03-2025
More than 72,365 homes to be delivered in Dubai in 2025
Dubai's real estate market is set to witness a record-breaking year in terms of new property handovers. Developers are expected to deliver 72,365 residential units in 2025 — a staggering 171 per cent increase from the previous year, according to reports.
So far two developers – ORO24 and Vincitore Realty – have delivered more than 1,000 units in Dubai in the first two months. All other developers are preparing to handover more than 72,000 units this year.
Real estate is driving the economic growth of the emirate of Dubai that has expanded the emirate's urban landscape deeper into the desert and the Arabian Gulf coast where artificial islands attract tourists from all over the world.
With 1,180 projects under construction and over 325,000 residential units in development, the city's skyline is transforming at an incomparable pace.
Dubai's population has jumped five-fold in the last three decades to reach 3.8 million this year, thanks to the rapid urbanisation powered by the real estate sector.
Meanwhile, ORO24 Developments, a futuristic and innovative real estate developer, has delivered its first residential community Torino – that is more like a resort with lots of green and sustainable features – in Dubai's Arjan master community. With a built-up area of 625,718 square feet, the development value of Torino exceeds Dh353 million.
Torino is an integrated gated community with 625 well-appointed homes comprising high-quality spacious studios, one bedroom apartments and two-bedroom apartments spread across six low-rising blocks surrounded with the latest community facilities including ample car parking, jogging track, health club with swimming pool, kids pool, kids play area that features latest equipment from Poland, a movie theatre, landscaped gardens, barbecue area, party area, prayer area, office and meeting space for professionals and businessmen to conduct business meetings next to home, among other facilities.
Torino comes with an elevated sunset-viewing deck with food and beverage facility for families to watch sunset – that ensures continuous wind circulation 365 days, so that viewers do not feel hot during summer time. This unique feature was added keeping the happiness of the home-owners in mind so that life at Torino becomes more enjoyable. A movie theatre could make community life more enjoyable and help residents to through movie parties for quality time.
The homes and the overall project have been meticulously designed with some of the best amenities, facilities, materials and fittings that money could buy and has been hand-crafted to deliver the best quality with matching colours. The project carries the quality mark and signature synonymous with Atif Rahman, Founder and Chairman of ORO24 Developments, who is known for his unwavering commitment and a great vision that is inspired by the visionary leaders of the UAE.
'We don't just build homes, we create legacies,' said Rahman. 'Our goal is to ensure that each ORO24 development is not just a building, but a place where people can live better, thrive, and feel truly at home.'
The company is on track to become a global leader in real estate, with plans to expand its footprint beyond Dubai and explore new international markets.
'Success is not just about the end result but the journey it takes to get there,' Rahman reflects.
As Dubai continues to evolve into a global hub for innovation, ORO24 is poised to play a significant role in shaping the future of urban living.
ORO means 'Gold' in Italian language and 24 represents the level of purity of gold. Like a piece of 24-carat gold, every home built by ORO24 is a piece of gold and that's how the company designs, builds and put the finishing touch – to turn them a piece of gold.
Ataur Rahman was so far launched 32 projects involving 16.5 million square feet built-up area. It has sold 11,750 homes to buyers from 150 countries with sales value exceeding Dh11.5 billion (US$3.13 billion) in the last three years, making it one of the fastest growing real estate developers in the UAE.
The delivery of the Torino Community comes within three years after launch of the company and the project that reflects the company's customer-centric approach to deliver promises. It is one of the first few projects to be delivered in 2025 – a year when more than 42,000 homes are expected to be delivered in Dubai.
Its list of amenities is endless and includes Unwind by ORO24 (Party Hall), the Theatre, Cookout Deck (Barbecue facility), Log Cabin, Lazy River, Squash Court, Padel Tennis Court, Badminton Court, Pet Zone, Flow by ORO24 (Yoga Deck), Wonderland (Children's play area), Trampoline, Patio, Sunset Point, Elderly seating area, Rain Jacuzzi.
Torino embraces sustainability with 10,000 trees, green spaces, and a commitment to eco-friendly living, inspired by COP28's focus on sustainability. Special textured paint and porcelain tiles are used exclusively for ORO24, with white quartz counters in the kitchen—top-quality materials in the market. The combination of colours and lights is carefully chosen to create a stylish and comfortable lifestyle.
