Reportage Properties sales doubled in 2021 to AED1.6 bln

Reportage Properties sales doubled in 2021 to AED1.6 bln

Abu Dhabi : Reportage Properties, the leading UAE real estate developer sales topped Dhs1.6bn during 2021, compared to Dhs812mn dirhams in 2020, with a growth rate of up to 100%. Reportage Properties is developing 12 projects in the UAE, providing about 6,000 housing units within the most important investment sites in Abu Dhabi and Dubai, in addition to a project that has been completed and delivered in Masdar City in Abu Dhabi. Islam Ahmed Suleiman, CEO, said that the company's performance during 2021 was distinguished, as is reflected in the doubling of the company's sales, which confirm their ability to keep pace with market changes, and its flexibility in adapting to challenges, while continuing to launch new projects that meet the requirements of clients. “The increase in sales confirms the improvement of activity in the real estate market in the UAE, and its ability to overcome challenges, especially with the continued launch of many initiatives stimulating economic activity in various sectors, particularly the real estate sector, and the launch of “50 projects” initiative, in addition to the great event of Dubai Expo 2020,”he said. Suleiman explained that Reportage Properties continued to launch new projects in Abu Dhabi and Dubai during