Wed, Oct 16, 2024 | Rabi al-Thani 12, 1446 | DXB ktweather icon°C

Nakheel plot auction gets
 Dh34 million

Nakheel auctioned nearly Dh34 million worth of prime land at Jumeirah Park on Wednesday, selling all eight available plots for an average Dh4.3 million each.

Published: Thu 27 Feb 2014, 11:07 PM

Updated: Tue 7 Apr 2015, 10:16 PM

More than 50 potential investors signed up for the auction, with buyers paying over Dh500 per square foot for the residential land at Nakheel’s prestigious Jumeirah Park community development. The plots, each 8,820sqf, form part of the ever-growing Jumeirah Park community, where Nakheel has already completed 1,795 luxury villas, with almost 800 more under construction.



Next Story