Page 58 - SOBHA REALTY PR REPORT - APRIL 2024
P. 58

Dubai: Sobha Group sets up Dh450 million

               new facility in DIC


               Factory will build airplane seats in addition to other products


               by

               A Staff Reporter
































               Published: Wed 3 Apr 2024, 8:49 PM

               Real estate developer Sobha Group on Wednesday said it has set up a second
               furniture factory by signing a land lease agreement with Dubai Industrial City
               (DIC) with an investment valued at Dh450 million.



               It is located across an 84,000 square metre land plot with a built-up area of
               50,000 sqm. The company will manufacture a range of products including
               sofas, seats, armchairs, chairs, beds, car and airplane seats, assembled and
               flat-pack cabinets for the local market and for export customers.





               “Sobha Furniture at Dubai Industrial City will contribute to Dubai’s and the
               UAE’s manufacturing landscape in the years to come, and we are proud to

               https://www.khaleejtimes.com/business/realty/dubai-sobha-group-sets-up-dh450-million-new-
               facility-in-dic
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