UAEReal Estate

UAE: Reportage Properties reports Dh2 billion sales in 4 months

Realtor holding a special sales day in Abu Dhabi

Reportage Properties, a leading UAE real estate developer, reported estimated sales at Dh2 billion since the beginning of the year until now.

Its sales exceeded Dh3.7 billion ($1 billion) during 2023, compared to Dh2.3 billion achieved during 2022, with a growth rate of 60 per cent.

Reportage Properties is organizing a special sales day at the Rosewood Abu Dhabi Hotel today.

The company is providing special offers on selected projects, including an offer of 10 per cent discount on all of their projects, with a 10 per cent down payment,and 1 per cent monthly installments until units handing off. There is also another offer that includes a 5 per cent discount, with a 5 per cent down payment, 1 per cent per monthly installments until unit hand off. The offer also enables buyers to benefit from a 15 per cent discount when making a 20 per cent down payment.

The Reportage Properties’ portfolio includes 35 projects in the UAE, Egypt, Turkey, Morocco and Saudi Arabia.

The company confirmed keenness to continue providing many discounts and special offers on all projects inside and outside the UAE, in line with the aspirations of buyers and investors, which enhances sales in all projects in the UAE and abroad.

Forbes Middle East recently ranked Reportage Properties among the list of “Leaders of the Most Influential Real Estate Companies in the Middle East” for the year 2024.The prize highlights the 100 regional real estate developers who adopt innovation to build the future. Andrea Nucera, Reportage properties CEO is ranked 57th on the list.

Reportage Properties confirmed launching more new projects in line with the requirements of customers and investors, inside and outside the UAE, as well as the completion and handing off units in a number of projects in Abu Dhabi and Dubai according to the specified time plan.

It recently completed the Oasis Residence 2 project in Masdar City, which includes about 304 residential units. Last year they started handing off units in the Oasis Residence 1 project in Masdar City, in addition to units in Al Raha Lofts in Al Raha Beach area in Abu Dhabi.

The company also completed the first phase of the Rukan Lofts project, which is being developed in the Dubailand area in cooperation with the Continental Investment Company.

Reportage Properties recently revealed the launch of the new Royal Park project in Masdar City, Abu Dhabi, which consists of 844 residential units.

In Dubai, the company launched Reportage Village during the third quarter of 2023, which includes 1,767 residential units. During the first quarter of last year, they launched the Bianca project in Dubai, which includes 653 townhouses.

Source: khaleejtimes

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