Dubai-based Sobha Realty awards Dh150 million bonus to staff

Dubai: Dubai-based Sobha Realty announced on Wednesday that it has awarded a special Dh150 million bonus programme to all its staff. This is the second consecutive year the real estate company has offered million-dirham bonuses to its employees.

“In recognition of the unwavering contributions of its team members, the company has allocated a Dh150 million bonus for employees not already covered by incentive programs,” a statement from the company explained. The initiative spans multiple departments, it said.

Ravi Menon, Chairman of Sobha Group, said, “This special bonus is our way of expressing gratitude for the resilience our employees have shown, especially pushing boundaries in the past year and making a meaningful difference.”

The company explained that the bonus, which was distributed in December 2024, is designed to give employees an additional boost as they prepare for the new year.

A month ago, the company announced that it plans to deliver the highly anticipated Creek Vistas Grande development ahead of schedule.

“Completing the project eight months ahead of its original timeline reinforces Sobha’s growing reputation for early delivery of high-quality developments, a trend that has become a hallmark of the company’s approach,” the company said in an earlier statement.