Developer Partner
Sobha Realty
Sobha Realty is the Dubai developer of the Sobha Group, which PNC Menon founded in Oman in 1976 as an interior decoration firm.
1976 (Sobha Group)
Founded
Dubai, UAE
Headquarters
Overview
About Sobha Realty
Sobha Realty is the Dubai developer of the Sobha Group, which PNC Menon founded in Oman in 1976 as an interior decoration firm. The group entered Dubai in 2003 and launched Sobha Hartland in Mohammed Bin Rashid City in 2014. Sobha Realty runs a backward-integrated model, keeping design, engineering, construction, interiors, glazing, joinery and furniture manufacturing in house. It is privately held through PNC Investments: its shares are not listed, while its sukuk are listed on the London Stock Exchange and Nasdaq Dubai. It is a separate company from Sobha Limited, which is listed in India.
Track Record
Key Highlights
- Sobha Group founded in Oman in 1976; Sobha Realty entered Dubai in 2003
- Backward-integrated model: design, construction, interiors and joinery in house
- Sobha Hartland, an 8 million sq ft waterfront community (Sobha)
- 6,819 units planned for handover in Dubai in 2026 (Sobha, July 2026)
- Privately held; sukuk listed on the London Stock Exchange and Nasdaq Dubai
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