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29 March 2024

How much for a kilo of cocaine? Dh100,000

Cocaine selling for Dh100,000 a kilo. (SUPPLIED)

Published
By Muna Ahmed

The recent floods in Pakistan and continuing seizures by Dubai Police of illegal drugs has sharply pushed up the street value of the contraband due to the shortage in supply, a top Dubai Police official said.

The official told Emirates 24|7 that prices of drugs fluctuate due to the supply demand factors like any other commodity.

“The prices currently are higher than before due to the floods in Pakistan and the troubles in Afghanistan as these are big exporters of drugs,” he said.

He pointed out that prices here in the UAE vary from one emirate to the other.

“Drugs in Dubai and Abu Dhabi are sold at higher prices then in the Northern Emirates. This is due to the location. Same as in all other commodities.”

He added that prices of drugs also differs in the different seasons.

“In winter, prices generally fall due to the rains and other factors which controls the supply and demand.”

He added that when the drug traders pump high amount of drugs into the market, this pushes prices low due to the excess supply of drugs.

He added that street value of drugs are as following per kilogram and depending on the quality:

- Cocaine: Dh100,000
- Heroin: Dh75,000
- Opium: Dh15,000 - Dh20,000
- Hashish: Dh8,000 - Dh15,000
- Pills: Dh15 - Dh50 each