Dubai’s Sobha Realty has announced its luxury tower The S has fully sold out.
The high-rise development has generated sales of AED1.4bn ($381m) for Sobha Realty.
The developer says it is a sign of the strong performance of Dubai’s property market, wherein the emirate has gained the status of one of the most lucrative luxury property markets across the globe.
Sobha Realty S Tower sold out in Dubai
The S Tower, which was launched in October 2022, is a 62-storey high-rise, signature residential project that houses 43 storeys of luxury residences.
The project reflects Sobha Realty’s “Backward integration” model, which has become a case study at Harvard.
The iconic project has completed sales of all 84 residential units, which include both four-bedroom and five-bedroom apartments, priced at more than AED15.5m and AED34m, respectively.
Follow us on
