Tuesday, 15 March 2011

Nakheel sells off range of cars - The National

On a barren, sandy plot wedged between two luxury hotel developments on the Palm Jumeirah, about 50 men scramble in front of a line of 4x4s.

They yell out their bids, hoping to snap up a Nissan Patrol or a Range Rover at bargain-basement prices.

The auctioneer, dressed in a cream-coloured dishdash, bellows the going price of a white H2 Hummer over a megaphone towards the crowd - "43,000! 46,000! 47,000! 50,000!" Five minutes later, the 2003 vehicle is sold for Dh58,000 (US$15,790).

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