Page 154 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )

Sobha eyes Dh20b sales after a

record-breaking 2023

The developer handed over 1819 units in 2023

by

Issac John

Published: Tue 5 Mar 2024, 4:34 PM

Last updated: Tue 5 Mar 2024, 4:36 PM
Sobha Realty, which posted a 51 per cent record-breaking jump in 2023 sales over the
previous year across its portfolio of residential and commercial developments in Dubai,
said it expects to hit Dh20 billion in 2024.

The real estate developer said its sales value surged to Dh15.5 billion in 2023. The
developer handed over 1819 units in 2023 across two of its completed projects before
their due date. Given this sales growth, the company has attained a market share of 10
per cent in Dubai during the year, Sobha said in a statement.

https://www.khaleejtimes.com/business/realty/sobha-eyes-dh20b-sales-after-a-record-breaking-
2023