Page 197 - 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
        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



      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…  1/4
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