Page 197 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )

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
PRESSR: Sobha Realty

achieves all-time high

sales in 2023 with record

bookings of AED 15.5bln

Mar 1, 202415:55 GMT+4

First published: 01-Mar-2024 15:55:58

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 due date. In

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