Page 97 - SOBHA REALTY PR REPORT - MARCH 2024 (ENGLISH)

3/4/24, 1:14 PM Dubai’s Sobha Realty reports record $4.2bn of sales in 2023, sets $5.4bn target this year amid luxury property boom - Arabian Busi…
Dubai’s Sobha Realty reports

record $4.2bn of sales in 2023,

sets $5.4bn target this year

amid luxury property boom

Sobha Realty has reported a 51 per cent growth in real

estate sales last year amid Dubai property boom

Dubai’s Sobha Realty has reported record-breaking sales of AED15.5bn
($4.2bn) 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 AED15bn ($4.1bn) in 2023 and is

aspiring to achieve AED20bn ($5.4bnbn) in 2024.

Sobha Realty in Dubai

https://www.arabianbusiness.com/industries/real-estate/dubais-sobha-realty-reports-record-4-2bn-of-sales-in-2023-sets-5-4bn-target-this-year-amid-lu… 1/3