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FAJAR TEAM NOVEMBER 23, 2023 NEWS CATEGORY | FAJAR REALTY 0

Dubai Realty: Thriving on new opportunities

Staff Writer: Khaleej Times

November 23, 2023

Dubai Realty 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

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