Page 192 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )
P. 192

3/4/24, 1:16 PM                             Sobha Realty posts record $4.2bn sales for 2023 in Dubai

        Sobha Realty posts record $4.2bn sales for 2023



        in Dubai


        ABU DHABI


            SHARE


















































        Sobha Realty, a leading real estate developer in the region, has closed FY 2023 with record-breaking sales of
        AED15.5 billion ($4.2 billion), up 51% over the previous year across its diverse portfolio of residential and
        commercial developments in Dubai.

        The company handed over 1,819 units in the last year across two of its completed projects, before their due
        date. In view of this sales growth, the company has attained a market share of 10% by value in Dubai during the
        year.

        After attaining this sales target in 2023, Sobha is now aspiring to achieve AED20 billion this year, ity stated.

        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.



      https://gulfconstructiononline.com/ArticleTA/419565/Sobha-Realty-posts-record-$42bn-sales-for-2023-in-Dubai   1/2
   187   188   189   190   191   192   193   194   195   196   197