IRHM, Your Global Window into Real Estate and Hospitality

October 21, 2025

Sobha Realty

Sobha Realty has launched Sobha SkyParks, its tallest development to date, standing 109 floors high on Sheikh Zayed Road. The 450-metre structure will house 684 luxury residences, each designed to reflect the company’s signature precision and elegance. Featuring themed SkyParks, wellness zones, and panoramic views, the development represents another milestone in Sobha’s vision for Dubai’s luxury living landscape.
Sobha Realty has achieved a major milestone with the successful issuance of its USD 750 million Green Sukuk, the largest of its kind by a real estate developer globally. Oversubscribed by 2.8 times, the landmark transaction reflects strong investor confidence in the company’s financial stability and sustainability commitments.

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