Sobha Realty achieves all-time high sales in 2023 with record bookings of AED 15.5 Billion

Dubai 1 March 2024: 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 view of this sales growth, the company has attained a market share of ~10 per cent by value in Dubai during the year.

Sobha Realty awards AED 100 Million special bonus to employees in recognition of dedication

Dubai, February 29, 2024: Sobha Realty, a leading real estate developer in Dubai, announced a special bonus program for all its employees in a testament to its commitment to recognising their hard work and dedication.

Appreciating the unwavering commitment demonstrated by the team members, the company has granted AED 100 Mn bonus to all employees working on non-incentive programs, covering employees across various departments. This move underscores the company’s belief in the collective effort that has played a pivotal role in Sobha Realty’s success.