Page 183 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )

3/4/24, 1:15 PM Latest News

Sobha Realty achieves all-time high sales

in 2023 with record bookings of AED 15.5

Billion

04/03/2024

Dubai 1 March 2024: 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

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