Page 198 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )
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3/4/24, 1:17 PM        PRESSR: Sobha Realty achieves all-time high sales in 2023 with record bookings of AED 15.5bln — TradingView News
        view of this sales growth, the company has attained a market share

        of ~10 per cent by value in Dubai during the year.




        Last year, the company also made significant strides in establishing a

        robust global presence through its marketing efforts and set out the


        aspiration to expand its footprint in some key global markets. Sobha

        Realty’s consistency in setting new industry standards with each of

        its projects, including the newly launched Sobha Hartland-2 and

        Sobha Seahaven Sky Edition, has resulted in a strong demand from

        the consumers.




        Last year the company took a strategic initiative to introduce their


        first corporate brand campaign ‘The Art Of The Detail’ which

        showcases the DNA of the organization. As a result, Sobha realty rose

        up to become the 2nd most recalled brand in Dubai Real Estate in


        the year, reported in a brand heath research conducted amongst real

        estate intenders.




        Ravi Menon, Co-Chairman of Sobha Realty, said: “We are delighted

        to conclude 2023 on a high note, attaining record-breaking sales and

        establishing strategic partnerships that will shape the future of

        Sobha Realty. The exceptional growth reflects our steadfast


        commitment to delivering high-quality properties. As we step into

        2024, our focus remains on adapting to evolving market trends and

        elevating the quality of our services, further ensuring a continuation

        of our upward trajectory in the dynamic real estate landscape and


        realising our vision to be a global real estate brand.”







      https://www.tradingview.com/news/reuters.com,2024-03-01:newsml_Zaw4ZnJzB:0-pressr-sobha-realty-achieves-all-time-high-sales-in-2023-with-reco…  2/4
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