Page 36 - SOBHA REALTY PR REPORT NOVEMBER 2023

11/23/23, 10:45 AM Dubai Realty: Thriving On New Opportunities | MENAFN.COM

Dubai Realty: Thriving On New Opportunities

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11/22/2023 11:36:05 PM

(MENAFN- Khaleej Times) Dubai has stayed strong amid all the global or regional adversities
and geopolitical challenges, thriving on new opportunities that arise, says PNC Menon,
chairman of Sobha Group.

The real estate mogul, sharing the story of Sobha Realty's growth in the UAE, and his journey

in the region, told Khaleej Times that his group's success as a sought-after property brand is a
testament to the region's pragmatic vision and immense growth potential.

“The decision to establish my company in Dubai was influenced by the dynamic environment,

visionary leadership, and the exciting opportunity to contribute to the burgeoning real estate
sector in the Emirates,” said Menon, who is marking his 75th birthday and 47 years of
business in the region, including the initial 27 years in Oman.

On the outlook of the real estate sector and how Sobha Realty has positioned itself in this

dynamic market, Menon said the phenomenal growth of the sector could be attributed to
factors like economic stability, infrastructure development, and a cosmopolitan

lifestyle.“Sobha Realty has positioned itself by consistently delivering on its promises, creating
iconic developments that resonate with the aspirations of our diverse clientele. To sum up, the

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