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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.

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$34 Million For Sand? Dubai Island Sale Sets Record For Vacant Land

This isn't a spectacular mansion. It's not a luxury penthouse or a designer apartment.

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