Dubai’s Sobha Realty sells out $381m S Tower

  • 5 months ago
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The Dubai developer has announced that Tower S is completely sold out

Sobha real estate company in Dubai has announced the sale of the luxury S Tower completely.

The high-rise project generated 1.4 billion dirhams ($381 million) from Sobha Real Estate sales.

The developer says this is a sign of the strong performance of Dubai’s real estate market, as the emirate has established itself as one of the most lucrative luxury property markets worldwide.

Sobha Realty S Tower in Dubai has been sold
Launched in October 2022, S Tower is a 62-storey residential project with 43 floors of luxury homes.

The project mirrors Sobha Realty’s “reverse integration” model, which became a case study at Harvard University.

This iconic project has completed the sale of all 84 residential units, which include four-bedroom and five-bedroom apartments priced at over AED 15.5 million and AED 34 million.

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