Dubai-based luxury property developer Sobha Realty has reported extraordinary financial performance for fiscal year 2025, achieving sales of Dh30 billion—representing a substantial 30 percent year-on-year growth that solidifies its position as a premier real estate developer in the Gulf region.
The remarkable performance was fueled by multiple strategic factors including vigorous off-plan sales activity, the successful launch of new masterplanned communities, and surging interest from international investors. Notably, the emerging northern emirate of Umm Al Quwain contributed significantly to this growth, generating Dh8 billion in sales from developments such as Downtown UAQ | Sobha Realty and Sobha Siniya Island.
Dubai’s luxury residential sector served as a powerful catalyst, with prime residential prices escalating over 15 percent throughout 2025 according to industry data from Knight Frank and ValuStrat. This appreciation was driven by substantial inflows of global capital, unprecedented population expansion, golden visa initiatives, and sustained demand from high-net-worth individuals relocating to the emirate. The premium segment exceeding Dh10 million per transaction reached unprecedented volumes, particularly for waterfront villas, branded residences, and comprehensive masterplanned communities—all areas where Sobha maintains significant development expertise.
Chairman Ravi Menon characterized FY2025 as a landmark period for the group’s domestic expansion, highlighted by the introduction of four new masterplans: Sobha Solis, Downtown UAQ | Sobha Realty, Sobha Central, and Sobha SkyParks. These additions bring Sobha’s UAE portfolio to 14 developments, with 12 located in Dubai and two in Umm Al Quwain, demonstrating the company’s growing influence in shaping future urban landscapes.
The company simultaneously accelerated its global expansion strategy with strategic entries into the United States and Australian markets. Sobha established regional offices and secured prime land parcels in Texas, Queensland, and Sydney, marking a significant evolution into an international real estate platform.
Capital markets responded enthusiastically to Sobha’s financial strength, with the company’s sukuk issuances attracting massive institutional demand. Its debut offering was oversubscribed by approximately 300 percent, while its green sukuk achieved roughly 280 percent oversubscription—representing the largest green sukuk issuance by any real estate developer worldwide. Listed on both the London Stock Exchange and Nasdaq Dubai, these transactions enhanced funding flexibility and bolstered international investor confidence.
Concurrently, Sobha reinforced its sustainability leadership through groundbreaking achievements. Sobha One became the first building outside Singapore to obtain the Green Mark Platinum Super Low Energy certification, while the company earned an exceptional score of 97 in the 2025 GRESB Real Estate Assessment, securing a four-star rating.
Supported by robust sales momentum, expanding global operations, and sustained premium housing demand across the UAE, FY2025 emerged as one of the most transformative years in Sobha Realty’s five-decade history, establishing a solid foundation for continued growth in both regional and international markets.