The Dubai-based luxury developer delivered one of its strongest annual performances, capitalizing on sustained premium residential demand and expansion into new markets. The milestone reflects growing confidence in Sobha’s development model and the broader UAE property sector’s resilience.
Strong Geographic Diversification
While Dubai remained the core driver, Umm Al Quwain emerged as a significant growth engine, generating Dh8 billion from Downtown UAQ | Sobha Realty and Sobha Siniya Island. The northern emirate’s rising appeal demonstrates investors’ appetite for emerging destinations beyond the traditional Dubai corridor, particularly as affordability and master-planned community appeal expand regional investment patterns.
Market Tailwinds Support Growth
Dubai’s luxury residential segment provided powerful momentum. According to Knight Frank and ValuStrat, prime residential prices in Dubai climbed more than 15 per cent in 2025, driven by strong global wealth inflows, record population growth, golden visa programmes, and sustained demand from high-net-worth individuals relocating to the emirate. Transaction volumes in the Dh10 million-plus segment hit new highs, with particular strength in waterfront villas, branded residences, and master-planned communities—categories where Sobha maintains substantial market presence.
Expanding Portfolio and Global Footprint
Chairman Ravi Menon highlighted that FY2025 represented a landmark expansion year. The company launched four new masterplans—Sobha Solis, Downtown UAQ | Sobha Realty, Sobha Central, and Sobha SkyParks—bringing its UAE portfolio to 14 developments: 12 in Dubai and two in Umm Al Quwain.
Beyond regional markets, Sobha Realty significantly accelerated international expansion by entering the United States and Australia. The developer established regional offices and secured strategic land parcels in Texas, Queensland, and Sydney, marking a pivotal step toward building a global real estate platform.
Capital Markets Show Confidence
Financial momentum was reinforced by robust capital market activity. Sobha Realty’s sukuk issuances attracted substantial institutional demand: its debut offering was oversubscribed by approximately 300 per cent, while its green sukuk achieved roughly 280 per cent oversubscription—the largest green sukuk raised globally by a real estate developer. Listed on both the London Stock Exchange and Nasdaq Dubai, these transactions strengthened funding flexibility and deepened international investor confidence.
Sustainability Leadership
The developer fortified its environmental credentials. Sobha One became the first building outside Singapore to achieve the Green Mark Platinum Super Low Energy certification, while the company scored 97 in the 2025 GRESB Real Estate Assessment, earning a four-star rating—underscoring its commitment to sustainable development practices.
Looking ahead, Sobha Realty cited robust sales momentum, expanding global operations, and sustained premium housing demand across the UAE and internationally as pillars supporting its growth trajectory. The company positioned FY2025 as transformative in its five-decade history, laying groundwork for continued expansion across regional and international markets.
