Plot Of Sand Sold For $34 Million In Dubai Gave Its Owner Profit Of 242%
The piece of land was sold to an international buyer, who will build a mansion on the plot.
Source: ndtv.com
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British PrettyLittleThing founder sells empty Dubai plot for $33m
LONDON: A British entrepreneur has sold an undeveloped plot of land in Dubai for £27.3 million ($33.8 million), it was reported on Tuesday. Multimillionaire Umar Kamani from Manchester, who founded the online fashion brand PrettyLittleThing, sold the 24,500-square-foot piece of land, which is located on the seahorse-shaped Jumeirah Bay island off the Dubai coast, to an
Source: arabnews.com
Dubai plot of sand sells for $34 Million in luxury island record
It’s a bunch of sand on an artificial island in Dubai, and it just sold on April 19 for 125 million dirhams ($34 million), setting a record in a market that continues to benefit from an influx of foreign wealth.
Source: moneycontrol.com
Dubai's Jumeriah Bay Island empty lot sold for $34m
Umar Kamani, formerly CEO of PrettyLittleThing, has sold a sandy plot of land on Dubai’s Jumeirah Bay Island for $34 million and has another to sell.
Source: fortune.com
An empty plot of sand in Dubai just sold for $34 million
A fashion entrepreneur has made a 242% profit on a lot of sand which he has simply held onto for two years. British fashion boss Umar Kamani, formerly the CEO…
Source: biztoc.com