Sobha announces key Dubai luxury tower sellout
DUBAI, May 3, 2023
Sobha Realty, one of the UAE’s leading real estate developers, said it has completed the sale of all residential units at its signature project - The S Tower - in Dubai, generating a sales of AED1.4 billion.
The S Tower, which was launched in October last year, is a 62-storey high-rise residential project that houses 43 storeys of superlative luxury residences, stated the developer.
"The project reflects Sobha Realty’s signature style and sophistication, a result of the company's vast experience and design capabilities, following its nique “Backward integration” model that is a case study at Harvard," said a company spokesman.
"The iconic project has completed sales of all 84 apartments comprising four- and five-bedroom apartments, priced at over AED15.5 million and AED34 million each respectively," he added.-TradeArabia News Service