Ultra-high-performance fiber-reinforced concrete (UHPFRC) is a form of cement-based material that has a compressive strength above 150 MPa, excellent ductility, and superior durability. This composite material demonstrates innovation and has the potential to serve as a viable substitute for concrete constructions that are subjected to harsh environmental conditions. Over many decades, extensive research and progressive efforts have introduced several commercial UHPFRC compositions globally. These compositions have been specifically designed to cater to an increasing variety of applications and meet the rising need for building materials of superior quality. However, the effective manufacturing of UHPFRC relies on the composition of its materials, especially the inclusion of fiber content and the proportions in the mixture, resulting in a more compact and comparatively uniform packing of particles. UHPFRC has notable benefits in comparison to conventional concrete, yet its use is constrained by the dearth of design codes and the prohibitive expenses associated with its implementation. The study demonstrates that UHPFRC presents a viable, long-lasting option for improving sustainable construction. This is attributed to its outstanding strength properties and superior durability in resisting water and chloride ion permeability, freeze-thaw cycles, and carbonation. The analysis found that a rheology-based mixture design technique may be employed in the production of UHPFRC to provide enough flowability. The study also revealed that the use of deformed steel fibers has shown enhanced mechanical qualities in comparison to straight steel fibers. However, obstacles such as higher initial costs, the requirement for highly specialized personnel, and the absence of comprehensive literature on global UHPFRC standards that establish minimum strength criteria and testing requirements can hinder the widespread implication of UHPFRC. Finally, this review attempts to deepen our foundational conception of UHPFRC, encourages additional study and applications, and recommends an in-depth investigation of the mechanical and durability properties of UHPFRC to maximize its practicality.