Two units in Burj Khalifa to go on auction

02.11.2014
The reserve price for the one-bed unit (1,378 square feet) starts at AED4.85 million, while the minimum price for the two-bed (1887.99 square feet) is put at AED6.3 million Two apartments in Burj Khalifa will be auctioned online next week, according to listings by Emirates Auction.
The reserve price for the one-bed unit (1,378 square feet) starts at AED4.85 million, while the minimum price for the two-bed (1887.99 square feet) is put at AED6.3 million, Emirates 24/7 reported.
The minimum bid increment is AED5,000, Emirates Auction states.
The auction closes at 6 pm UAE time on November 5. At the time of filing this report (11.25 am) on Thursday, there were no bids on both the units.
Emirates 24|7 had reported earlier that an apartment sold in Burj Khalifa topped the list of the 10 biggest apartment deals completed in the first quarter 2014 with a 11,355 square feet unit selling for AED60 million (AED5,284 per square feet).

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