Reportage Properties nets $71mln in UAE sales within 4 months – ZAWYA

  • Date: 24-May-2020
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Reportage Properties nets $71mln in UAE sales within 4 months – ZAWYA

UAE-based Reportage Properties has announced total sales of Dh260 million ($71 million) during the first four months despite Covid -19 challenges.. The company is presently developing eight projects in Abu Dhabi and Dubai, which on completion, will provide about 3,150 housing units.. Of this, 2,425 units will come up within the six Abu Dhabi projects, while the other units will be located within two projects in Dubai, it stated.. Alkhamees noted that recent data indicates strong sales in Abu Dhabi and Dubai during the first five months of this year, a period that coincided with the global outbreak of the new Coronavirus.. Dubai real estate sales topped Dh24.75 billion from January 2020 to April, whereas data from the Dubai Land Department showed 12,105 sales transactions in the first four months of this year..