News Real Estate

Reportage Group hits $1.5bn in real estate sales

UAE real estate developer Reportage Group has announced sales of $1.5bn, a growth of 50% compared to 2023. The company’s portfolio spans 50 projects including 312 townhouse units in Abu Dhabi’s Reportage Village, Verdana’s new phase in Dubai, and the Najd project in Saudi Arabia.

Reportage Group’s approach to real estate is notable in that it has a commitment to ensuring each project is developed without reliance on mortgages or any form of leveraged financing. This approach has boosted customer trust and positioned the group as a pioneer in sustainable development.

Reportage Group is eyeing a $2bn sales goal for 2025, its ambitious plan further confirming the strength of the UAE real estate sector and its attractiveness to foreign investors.

Gulf Economist Staff Writer