Sobha Realty sales reach Dhs30 billion as UAE luxury property demand grows

by Staff Reporter
Projects in Umm Al Quwain accounted for Dhs8 billion of total sales, led by Downtown UAQ | Sobha Realty and Sobha Siniya Island.

Sobha Realty reported year-end sales of Dhs30 billion for the 2025 financial year, reflecting continued demand in the UAE’s luxury real estate market and growing investor interest in its projects across the Emirates.

The developer said sales rose 30 per cent year on year, supported by activity across its residential portfolio. Projects in Umm Al Quwain accounted for Dhs8 billion of total sales, led by Downtown UAQ | Sobha Realty and Sobha Siniya Island.

New masterplans

During the year, Sobha Realty launched four new masterplans: Sobha Solis, Downtown UAQ | Sobha Realty, Sobha Central and Sobha SkyParks. This brought the company’s total UAE developments to 14, including 12 in Dubai and two in Umm Al Quwain.

“Sobha Realty’s sales success in 2025 was complemented by significant development milestones. The company launched four masterplans, Sobha Solis, Downtown UAQ | Sobha Realty, Sobha Central, and Sobha SkyParks, bringing its UAE portfolio to 14 developments, comprising 12 in Dubai and two in Umm Al Quwain. Each new project is helping strengthen the company’s role in shaping the future of urban living in the UAE,” said Sobha Group Chairman Ravi Menon.

International expansion

Sobha Realty also announced its entry into the United States and Australia, supported by the opening of regional offices and land acquisitions in Texas, Queensland and Sydney. The company said the move marked a key step in its international growth strategy.

“This past year has been a defining chapter in Sobha Realty’s journey,” said Menon. “Our growth across the UAE and expansion into global markets reflect a vision that has remained constant since our inception: to create developments that stand the test of time. These achievements are a testament to the trust our customers place in us and to our unwavering commitment to excellence and craftsmanship. As we look ahead, we remain dedicated to shaping communities with projects that embody quality and integrity while grounded in Sobha’s philosophy of The Art of Detail.”

Financial milestones

The company strengthened its balance sheet through a $500 million sukuk, which attracted $1.54 billion in orders. It later issued a $750 million green sukuk, drawing around $2.1 billion in demand. Both sukuk are listed on the London Stock Exchange and Nasdaq Dubai.

Moody’s also upgraded the corporate family rating of Sobha Realty’s parent company, PNC Investments LLC, to Ba2 with a stable outlook.

Sustainability focus

Sobha Realty highlighted progress on sustainability during the year. Sobha One became the first building outside Singapore to receive the Green Mark Platinum Super Low Energy certification. The company also recorded a score of 97 in the 2025 GRESB Real Estate Assessment, earning a four-star rating.

Internally, the developer introduced an enhanced maternity leave policy offering 120 days of leave while retaining employment benefits, which it said supports its focus on employee wellbeing.

The company continued its global brand partnerships in 2025, including its role as a global partner for ICC men’s events, alongside ongoing associations with Arsenal FC and the International Indian Film Academy Awards.

Sobha Realty said the developments achieved during the year position the company for further growth in the UAE and overseas.

tanvir@dubainewsweek.com

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