Page 92 - SOBHA REALTY PR REPORT - MARCH 2024 (ENGLISH)
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3/4/24, 1:14 PM Sobha Realty posts record $4.2bln sales for 2023 in Dubai
Panoramic view of the downtown Dubai city skyline and business park at sunset, United Arab Emirates. Getty Images
REAL ESTATE
Sobha Realty posts record $4.2bln sales for
2023 in Dubai
The company handed over 1819 units in the last year across 2 of its completed
projects, before their due date
Staff Writer, TradeArabia
March 3, 2024
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 1819 units in the last year across 2 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.
https://www.zawya.com/en/business/real-estate/sobha-realty-posts-record-42bln-sales-for-2023-in-dubai-cmlee6k0 1/3
