Page 162 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )
P. 162

REAL ESTATE
               Sobha Realty achieves all-time high sales in 2023

               with record bookings of AED 15.5bn
               Vicky Karantzavelou

               04.03.2024

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               REAL ESTATE


               The success not only reflects the unwavering commitment of the developer towards
               excellence, but also sets the stage for a promising future in the burgeoning realm of
               luxury real estate in Dubai.

               DUBAI – Sobha Realty, a leading real estate developer in the region committed to
               delivering unrivalled quality and luxury, concluded the year 2023 with record-breaking
               sales. The company recorded all-time high sales of AED 15.5 billion in 2023,
               demonstrating the surging demand for its luxury properties.
               In 2023, the company witnessed a 51 per cent growth in sales across its diverse
               portfolio of residential and commercial developments in Dubai. The company attained
               its sales target of AED 15 billion in 2023 and is aspiring to achieve AED 20 billion in
               2024. Sobha Realty’s steadfast commitment to ensure utmost excellence in design,
               craftsmanship, quality, and customer satisfaction, as well as timely delivery of its
               projects have been key factors for the rising demand for its properties. The company
               handed over 1819 units in the last year across 2 of its completed projects, before their

               https://www.traveldailynews.com/real-estate/sobha-realty-achieves-all-time-high-sales-in-2023-
               with-record-bookings-of-aed-15-5bn/
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