Page 290 - SOBHA REALTY PR REPORT - SEPTEMBER 2024

The final ranking was then determined using publicly available information, questionnaire
responses, and the editorial team’s collective assessment of each company’s accomplishments
over the past 12 months.
11. Sobha Realty

Sobha Realty, founded in 1976 by PNC Menon, began as an interior decoration firm in Oman and
has since grown into a leading international luxury real estate developer.

Renowned for its pioneering ‘Backward Integration’ model, Sobha Realty manages every aspect of
real estate development in-house from conceptualisation to completion, ensuring quality and
timely delivery.

The brand’s ethos of ’Art of the Detail’, reflects its commitment to meticulous craftsmanship, which
is evident in all of its developments. Sobha Realty has become one of the UAE’s premier
developers, boasting nine masterplans with expansion plans globally, and an international
reputation for excellence in the luxury real estate domain.

In the past year, the developer launched several high-profile projects, achieved impressive
customer satisfaction ratings, and recorded sales of $4.22 billion (AED 15.5 billion).

https://www.constructionweekonline.com/power-lists/here-are-the-top-gcc-real-estate-
developers