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Sobha Realty Concludes FY 2025 with AED 30 Billion in Sales, Marking 30% Growth Over 2024

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Aerial night view of Sobha Realty master-planned waterfront community featuring illuminated high-rise towers, residential villas, landscaped roads, and Dubai skyline in the background

Sobha Realty, a leading global luxury real estate developer renowned for its commitment to exceptional quality and innovation, has announced its year-end sales figures for FY 2025 a total AED 30 billion, cementing the company’s status as one of the most influential real estate developers in the Gulf. 

Driven by a series of landmark achievements across sales performance, masterplan development, sustainability, and international expansion, the 2025 sales figures represent an uptick of 30 per cent year-on-year. The increased growth reflects sustained momentum in the UAE’s luxury real estate market and the strength of Sobha Realty’s diversified portfolio. A significant portion of this strong performance came from the company’s expanding footprint in Umm Al Quwain (UAQ), with AED 8 billion in sales from Downtown UAQ | Sobha Realty and Sobha Siniya Island.  

Together, these results underscore the outstanding market reception of Sobha Realty’s new masterplans in UAQ and reaffirm the increasing confidence of investors in the brand’s leadership and strategic development vision across the Emirates.

“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 Mr. Ravi Menon.

This period of growth also saw Sobha Realty extend its reach well beyond the Gulf region, as it announced an expansion into the United States and Australia.This was supported by the establishment of regional offices and strategic land acquisitions in Texas, United States, and Queensland and Sydney, Australia. Together, these initiatives marked a pivotal milestone in the company’s evolution into a global real estate leader.

“This past year has been a defining chapter in Sobha Realty’s journey,” said Mr. 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.”

Sobha Realty’s international momentum was further bolstered by a strong financial year, underscored by the successful issuance of a US$500 million sukuk, which was oversubscribed three-fold at US$1.54 billion. Subsequently, the company launched its inaugural US$750 million Green Sukuk – the largest green sukuk ever issued by a real estate developer globally. It attracted approximately US$2.1 billion in orders and achieved 2.8 times oversubscription. Listed on both the London Stock Exchange (LSE) and NASDAQ Dubai, these issuances reinforced investor confidence in Sobha Realty’s strategic direction and financial stability.

Sobha Realty’s financial strength was further affirmed when Moody’s upgraded the Corporate Family Rating of PNC Investments LLC, its parent company, to Ba2/stable, reflecting enhanced credit metrics, supported by a strong revenue profile and substantial backlog.

Sustainability and people-centric progress remained central to Sobha Realty’s journey in 2025. During the year, Sobha One became the first building outside of Singapore to receive the Green Mark Platinum Super Low Energy certification. Additionally, the company achieved a score of 97 in the 2025 GRESB Real Estate Assessment and earned a 4-Star Rating, further reinforcing its leadership in ESG governance and low-carbon development.

This external recognition was complemented by internal advancements, including the introduction of a sector-first enhanced maternity leave policy, which offers 120 days of maternity leave while retaining all other employment benefits. This initiative underscores the company’s commitment to fostering a responsible and progressive workplace.

Sobha Realty further enhanced its global presence through strategic partnerships, including serving as a Global Partner for International Cricket Council (ICC) Men’s events, maintaining its collaboration with Arsenal FC, and continuing its association with the International Indian Film Academy (IIFA) Awards. These initiatives have significantly expanded the brand’s visibility among international audiences.

With milestones spanning development, sustainability, global expansion, and brand influence, 2025 stands as one of the most transformative years in Sobha Realty’s five-decade history. These accomplishments establish a strong foundation for continued growth both in the UAE and internationally, further reinforcing the company’s position as a global standard-bearer in luxury real estate.

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SOBHA REALTY’S CREST GRANDE RECEIVES BUILDING COMPLETION CERTIFICATE; HANDOVER TO COMMENCE WITHIN RERA TIMELINE

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Sobha Realty, a leading global luxury real estate developer, has announced that Sobha Crest Grande has received its Building Completion Certificate (BCC), with customer handovers scheduled to commence shortly.

Located in the waterfront district of Sobha Hartland, Crest Grande, comprising 985 units, offers proximity to key Dubai landmarks, including the Burj Khalifa, Downtown Dubai, and Dubai International Airport. The development features waterfront views, fully fitted kitchens, covered car parking, and amenities including an indoor and outdoor gymnasium, sauna room, adult and kids’ swimming pool, kids’ playing area, barbecue zone, as well as retail and restaurant offerings.

Importantly, the project is scheduled for delivery with the timeline committed on RERA, underlining Sobha Realty’s continued focus on execution discipline and delivery certainty, a hallmark of the brand’s Backward Integration model.

Francis Alfred, Managing Director, Sobha Realty, said; “At a time when people value certainty and reassurance more than ever, milestones like the Building Completion Certificate carry even greater meaning. Dubai continues to demonstrate the resilience, confidence, and long-term vision that makes it one of the world’s most trusted places to live and invest. For us, the receipt of the Building Completion Certificate for Sobha Crest Grande is not just a development milestone; it is a reflection of the trust families place in us when they invest their savings, aspirations, and vision of a dream home in the UAE. Achieving and being able to deliver within the timeline committed on RERA reaffirms our commitment to honour that trust through disciplined execution, timely delivery, and the consistent quality we promise every customer.”

Sobha Crest Grande has been designed to offer elevated waterfront living within one of Dubai’s most sought-after residential destinations. Its location within Sobha Hartland places residents within minutes of central Dubai, while offering a more serene lifestyle setting shaped by open views, green surroundings, and curated amenities.

The receipt of the BCC and the commencement of delivery shortly further strengthen Sobha Realty’s track record of translating vision into reality through disciplined planning, in-house capabilities, and a long-term commitment to customer confidence.

For homeowners, this milestone signals the transition from anticipation to ownership, as Crest Grande moves into its final stage before residents begin experiencing the development as a completed address.

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ICONIC RESIDENCES REACHES KEY CONSTRUCTION MILESTONES, MERED HIGHLIGHTS MARKET CONFIDENCE

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MERED, the award-winning real estate developer, has reported significant progress on ICONIC Residences Design by Pininfarina, one of Dubai’s most ambitious premium projects. Construction is advancing steadily across multiple phases, with fully mobilised teams achieving key milestones in structural works, MEP systems, interior fit-outs, and material coordination. The update underscores the resilience of Dubai’s off-plan property market, supported by government measures that safeguard the industry and ensure large-scale developments remain on schedule.

ICONIC Residences is a G+66 floor ultra-luxury residential tower set to become an architectural landmark in Dubai. Designed by the legendary Italian firm Pininfarina, the tower draws inspiration from the city’s sand dunes and flowing ocean waves. The development will house 310 premium apartments and a signature two-level penthouse, offering residents world-class amenities, including infinity pools, wellness and spa facilities, padel court, lounges, family areas, luxury retail spaces, and air-conditioned parking spaces. Its strategic location provides breathtaking views of Dubai’s landmarks and direct access to Palm Jumeirah, Dubai Harbour, Downtown, Bluewaters Island, Emirates Golf Club, and Sheikh Zayed Road.

As of March 2026, the tower has reached approximately 125 metres, with work advancing steadily on Level 22. On the first technical floor, MEP systems are being installed, forming the backbone of the building’s technical infrastructure. Across the residential component, apartment works are progressing in parallel, with teams of engineers, technicians, and skilled tradespeople actively coordinating each phase on site. Deliveries of finishing materials for all units have been scheduled to ensure a smooth transition to the next stages of fit-out. Mered’s in-house quality control department monitors excellence at every stage of the work.

“Every milestone at ICONIC Residences reflects the resilience of the UAE property market,” comments Michael Belton, CEO of MERED. “We will continue to drive the project steadily, upholding the highest standards of quality. We are grateful for the UAE government’s proactive approach in supporting a stable and resilient market, which enables developments like ICONIC Residences to progress with confidence. This tower will stand as a symbol of innovative design, architectural excellence, and the enduring strength of Dubai’s real estate sector.”

The development’s impressive construction progress is supported by the broader stability of the UAE real estate market. Recent steps by the Central Bank of the UAE, designed to strengthen liquidity and safeguard the banking sector, help maintain a stable environment for lending and economic activity. This stability enables banks to continue providing financing to buyers, investors, and developers, contributing to smoother cash flow in the property industry.

ICONIC Residences is backed by a team of world-class experts, including Pininfarina, Hirsch Bedner Associates (HBA), SERA Group, Currie & Brown, Bond Interiors, and more, ensuring meticulous coordination across every aspect of the development. Combined with MERED’s expertise and the stability of the UAE property market, ICONIC Residences is well-positioned to achieve its delivery and performance goals by Q3 2027.

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NATUZZI ITALIA ILLUMINATES THE SOUL OF THE HOME WITH THE POETRY OF LIGHT

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Natuzzi Italia, the global ambassador of Italian lifestyle, invites the world to see the home in a new light. In a masterclass of craftsmanship and atmospheric design, the brand unveils its latest lighting ensemble—a collection where functional illumination evolves into pure, radiant sculpture.

These pieces represent more than just a new product line; they are a dialogue between the heritage of Italian artisanal mastery and the avant-garde of modern luxury.

The Collection: Sculptures of Luminosity

Aura Suspension:

 Architectural Harmony Aura embraces space with ethereal grace, spreading a soft, diffused glow that envelopes a room in a harmonious atmosphere. Its refined, essential shapes interact seamlessly with architecture, creating a perfect equilibrium between raw matter and weightless light. Available in various compositions, Aura enriches grand spaces with a timeless allure, transforming surroundings into pure emotion.

Elsa Table Lamp:

A Timeless Embrace Elegance and purity find their form in Elsa. This masterpiece features a charm carved from artisan glass, playing against the natural, sophisticated veins of Calacatta marble. Topped with a decorative accessory in brushed light gold, Elsa is not merely a lamp, but a precious jewel for the contemporary interior.

Tea Floor Lamp:

Floral Grandeur: Standing with the poise of a curated bouquet, the Tea lamp features three slender stems rising in a rhythmic interplay of heights. Each stem culminates in a satinated blown-glass sphere, casting a soft, encompassing glow that mimics the gentle transition of dusk.

Rosé:

The Icon of Grace Inspired by the delicate silhouette of an inverted chalice, Rosé pays homage to the warm, shimmering hues of a desert sunset. With its refined finish and iconic silhouette, it transforms light into a radiant expression of Mediterranean beauty.

Solene:

The Luminous Secret of Solene is where tradition meets innovation. Featuring a hand-carved crystal heart nestled within blown glass, it filters light to create a sanctuary of intimacy. It is a quiet masterpiece, a secret whispered in the language of light.

Nola:

Ethereal Weightlessness Suspended with the quiet dignity of a bell, Nola brings a brilliant yet delicate presence to any room. Its minimalist form serves as a statement of lightness, proving that true refinement often speaks in a whisper.

Bossanova:

 The Rhythm of Reflection Dynamic and fluid, Bossanova appears to dance within the air. Its vibrant transparency and undulating lines create a play of reflections that evoke joy and movement, capturing the timeless spirit of Italian celebration.

Experience the Glow

Discover the collection at Natuzzi Italia showrooms across the UAE, where the poetry of light meets the art of living.

Natuzzi store are located near you in Dubai and Abu Dhabi, visit the website.

•        Natuzzi, Sheikh Zayed Road between 2nd and 3rd interchange, Dubai

•        Natuzzi, near Al Maktoum Bridge, Umm Hurair Road, Dubai

•        Natuzzi, The Galleria, Abu Dhabi

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