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A VISION BUILT ON DETAIL

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A professional headshot of Mr. Ravi Menon of Sobha Group, a leader in the luxury furniture and real estate division, smiling in a formal setting.

Exclusive Interview with Mr. Ravi Menon, Chairman of Sobha Group and Mr. Anuj Jain, Chief Executive Officer, Sobha Furniture.

Ravi, as the chairman of Sobha Group and the titan in the real estate market, can you share your journey and experience with us and how has it been for you so far?

    For me, the journey has been both deeply personal and professionally gratifying. Although I relocated to Dubai only three years back, Sobha Group’s foundation in the UAE was laid long before my move. Since then, particularly post-2020, it has been nothing short of exceptional. Year on year, our business has seen sustained growth and our sales performance is tracking ahead well, cementing our vision of becoming a global benchmark for world-class real estate.

    We also recently expanded into Umm Al Quwain with two new projects and are preparing to enter the Abu Dhabi market as part of our long-term strategy to build a diversified UAE-wide portfolio valued at approximately USD8 billion. Overall, it has been an extraordinary journey, but for Sobha Group, this is just the beginning.

    How are you competing with other brands in the market, especially when it comes to UAE? And what makes you one step ahead?

    At Sobha, we stand out in the market because of our ‘Backward Integration’ model. Our model is fundamentally distinct because we are one of the very few developers globally who have a fully backward integrated model, which is extremely rare in our industry, where most developers limit themselves to land acquisition, sales, and outsourced execution. This means that from concept to design to final delivery, every stage is managed in-house, ensuring that all projects are integrated with the highest standards of quality that Sobha Group is known for. This also helps us reduce dependencies on external suppliers, providing us with stronger control over quality, delivery timelines, and execution.

    What also makes us unique is the culture we have built over the decades. The Group is driven by my father’s legacy and passion for design, passion for construction, and passion for continuous improvement. The moment we complete a project; we are already thinking about how we can raise the benchmark for the next one. That mindset keeps the entire organization’s future focused.

    Now with Sobha Furniture, this entire project marks a new milestone. What does this launch mean for the brand? And for Sobha Realty as a whole?

    Sobha Furniture is not the beginning of something new; it is the return to where it all began. In fact, 50 years ago, when my father started his entrepreneurial journey, it started with interior decoration. For him, he has always been extremely passionate about the art of details and accuracy, within a millimetre precision.

    From the outset, our philosophy has always been simple – to invest in the best of machinery, technology, and talent. This mix has allowed us to maintain a standard of quality that is non-negotiable in our business. We understand that a home is a very personal space and when we decided to launch Sobha Furniture, we were very mindful of the pinch points that customers face and wanted to create a business that sets a new benchmark for large-scale, design-led furniture manufacturing — Made in the UAE, for the world.

    There has long been a gap between design ambition and furniture manufacturing capability in this region, and Sobha Furniture shall be bridging that gap. What this launch ultimately signifies is the formalization of something that has always been intrinsic to Sobha Group: design excellence, engineering precision, and a culture of co-creation. With ‘The Gallery’ and our expanded manufacturing capabilities, we now have a space where clients can experience our craft firsthand, collaborate with our teams, and shape pieces that reflect their exact vision.

    Our business approach follows the same philosophy to build a unique fully integrated ecosystem that is capable of handling everything under one roof. And furniture is also part of that. When I say furniture, the cabinets, the kitchen cabinets, the wardrobes, the bathrooms, everything. So, every apartment that we have delivered in this market reflects these capabilities.

    Mr. Anuj Jain, Chief Executive Officer, Sobha Furniture Insights:

    A professional portrait of Mr. Anuj Jain of Sobha Furniture, respectively,

    Furniture has always been part of the game, and we’re just giving light to the vision of what Mr. PNC Menon has. So right now, this is a B2B co-creating space. We’ll soon be catering to B2C audience as well.

    We will have a lot of offerings for the end customer as well as the B2B partners and developers and designers in the upcoming coming years.

    So Mr. Anuj, how does The Gallery embody the direction and the future of Sobha Furniture as a brand, especially when it comes to showcasing the replica projects here that is showcased, the walk-in closets and materials and finishings?

    The Gallery is a preview into what our vision for Sobha Furniture is. We did not want to create a traditional setup, which is why we have designed this as a working space for architects, interior designers, developers, and project partners rather than just a retail showroom. Every space has been thoughtfully curated to embody our outlook to connect, collaborate, and co-create with the community and showcases our passion for being partners from start to finish.

    Designed as fully functional spaces, each of our mock-up areas serve a specific purpose and gives customers a deep insight into our design concepts, materials, finishes, and overall approach to furniture manufacturing. This is the first step to fulfilling our mission to set the foundation of a new standard and deliver projects that will showcase the precision and exceptional quality that Sobha is known for.

    Mr. Ravi, looking towards the future, let’s say in the next 20 years ahead, what plans are looking forward to?

    The industry we work in is very dynamic; it pushes us every day to ensure that our long-term direction is clear. Sobha Furniture is a brand rooted in legacy – one that we envision to be Made in the UAE for the world. Setting up our foundation here has given us unparalleled access to infrastructure, connectivity, talent, and an overall ecosystem that has set us up for success on the scale we are aiming for.

    One of our immediate priorities is the launch of our flagship factory in Dubai Industrial City. It is an enormous, 53,000 sqm facility that will house the best-in-class full automated machinery and will bring an integrated approach to furniture manufacturing with everything from foaming to cutting, stitching, framing and upholstery.

    As part of our strategic expansion, we are looking to establish our presence in key international markets. In fact, we have already shortlisted three potential properties in the US market and are also exploring the potential of entering the Australian market. 20 years is a long time, but we are steadfast in our commitment of building on a scale with exceptional quality that has not been seen in the region before.

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    DUBAI INVESTMENTS BREAKS GROUND ON LANDMARK AL VISTA MIXED‑USE DEVELOPMENT IN MEYDAN, COMMENCES MAIN CONSTRUCTION WORKS

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    Dubai Investments breaks ground on Al Vista, its landmark mixed‑use development in Meydan Horizon. Developed through its wholly‑owned real estate subsidiary, Dubai Investment Real Estate (DIR), Al Vista is a large‑scale mixed‑use development comprising residential, commercial and retail components within a unified masterplan.

    The ground‑breaking ceremony was held in the presence of Khalid bin Kalban, Vice Chairman and CEO, Dubai Investments, Obaid Salami, General Manager, Dubai Investment Real Estate along with other senior representatives and the contractor for the project.

    As part of the milestone, DIR also signed the main construction contract with JV Hourie Paramount appointing the contractor to deliver the project in line with the approved execution plan.

    Commenting on the ground-breaking, Obaid Salami, General Manager of Dubai Investment Real Estate, said: “Al Vista represents an important addition to DIR’s portfolio and reflects a disciplined approach to development, anchored in quality, execution certainty and long‑term value creation. With main construction now underway, DIR is committed to delivering well‑planned, high‑quality developments in key growth locations across Dubai, positioning Al Vista to emerge as a defining mixed‑use destination upon completion.”

    Located within Meydan Horizon, one of Dubai’s most sought‑after mixed‑use districts, Al Vista comprises a 39‑storey residential tower featuring 312 apartments, including one‑, two‑ and three‑bedroom units, alongside a 19‑storey commercial tower offering approximately 120,000 sq. ft. of shell‑and‑core office space, complemented by integrated retail components. The development is designed to support a connected urban environment, with a comprehensive range of lifestyle and recreational amenities serving both residents and commercial occupiers. Construction is advancing as scheduled, with planned completion targeted for Q1 2028

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    DAMAC’S AMIRA SAJWANI: IN THE PRESENCE OF HH MOHAMMED BIN ZAYED AL NAHYAN AND HH MOHAMMED BIN RASHID AL MAKTOUM, WE HAVE NOTHING TO FEAR

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    Amira Sajwani, Managing Director of DAMAC Properties, the UAE’s and the Middle East’s largest private real estate developer, issued a statement affirming confidence in the future of the United Arab Emirates despite the current political tensions in the Middle East and the GCC.

    Sajwani emphasised that the nation’s continued stability and economic strength are underpinned by the country’s wise leadership and long-term vision, which have consistently guided the UAE through global and regional challenges while reinforcing its economic fundamentals.

    Commenting on the current conditions, Amira Sajwani, said: “In the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE and the Ruler of Abu Dhabi, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, and the Ruler of Dubai, we have nothing to fear. History has taught us that the UAE always overcomes challenges and emerges stronger. We witnessed this during the global financial crisis in 2008, during COVID-19, and again following the April 2024 storm widely known as the ‘Hadeer Storm.’ With the guidance of our leadership, this time will be no different. The UAE will continue to move forward with resilience and confidence.”

    Sajwani added that the strength of the UAE’s economic fundamentals, particularly in the real estate sector, continues to be reflected in record market performance. According to Dubai REST, Dubai recorded AED 246.12 billion in real estate sales in Q1 2026, compared to AED 142.7 billion in Q1 2025, representing a 72.46% year-on-year increase.

    “These figures clearly demonstrate that despite political tensions across the region, the fundamentals of Dubai’s real estate market remain exceptionally strong,” Sajwani said. “Demand continues to grow, and investor confidence in Dubai remains robust, reinforcing the emirate’s position as one of the world’s most attractive investment destinations.”

    Sajwani further noted that DAMAC Properties continues to play a leading role in the market’s performance. The developer ranked No. 1 in Dubai’s real estate industry by market share of sales transactions, recording a total of 3,663 units sold, further cementing its position as a key contributor to the emirate’s real estate success.

    She also confirmed that construction progress across all DAMAC projects remains on track, with handover timelines continuing as scheduled without any changes, reflecting the company’s strong operational capabilities and commitment to delivering projects on time.

    Sajwani concluded by reaffirming that the UAE’s leadership, economic vision, and global reputation for stability will continue to attract international investors and sustain long-term growth across key sectors, including real estate.

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    MORE THAN 300,000 DAMAC RESIDENTS URGED TO SWITCH OFF LIGHTS THIS SATURDAY

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    DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, has urged more than 300,000 residents staying across its communities and team members to participate in Earth Hour 2026’. The annual sustainability initiativeis part of a global movement highlighting the urgent need for climate awareness and energy conservation.

    On Saturday, March 28, DAMAC communities and towers across Dubai will go dark by switching off lights for one hour, starting 8.30pm. The initiative is supported by community engagement teams and sustainability champions from LOAMS, the award-winning, jointly owned property and community management company.

    DAMAC’schampioning of Earth Hour reinforces its commitment to building a sustainable future. Switching off lights for one hour across 50,000 homes has an impact equivalent to planting 200 trees that thrive for a decade. It saves 10,800 kWhr, equal to 4900kg of carbon dioxide emissions.

    Patricia Torres, a resident of DAMAC Hills 2, noted: “It is motivating to see our community united for a meaningful cause. Earth Hour helps us appreciate how simple actions taken together can create real and lasting change. We look forward to playing our part by switching off lights and make a positive impact in the fight against climate change.”

    Earth Hour, organised by WWF, is a global grassroots movement that started as a lights-out event in Sydney, Australia in 2007. Since then, it has grown to engage millions of supporters globally. As the movement grows, the one-hour lights out event continues to be the symbol of a broader commitment toward nature and our planet.

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