Emirates Auction’s terms and conditions of public auction shall apply, along with the following terms and conditions:
1- Administrative fees shall apply to each item as follows: AED 100 if the sale price of the item is less than AED 500, AED 200 if the sale price of the item is between AED 500 to AED 1000, AED 300 if the sale price of the item is between AED 1000 to AED 2000 or AED 500 if the sale price of the item exceeds 2000AED
2- You must complete payment within 48 hours of the time of the auction’s conclusion and approval.
3- Emirates Auction reserves the right to apply fees of 200AED for each delay, without prior notice, for any lot not paid or received within the specified period
4- Inspection is allowed only on Wednesday and Thursday from 9 AM to 12 PM.
5- All lots shall be sold, as is, in their location. Emirates Auction does not guarantee any of the declarations, specifications, information and/or particulars provided by the supplier. The bidder is responsible for checking all data, advertisements and information related to the state of the lot, before bidding .
6- Subject to the supplier’s approval.
7- 5% VAT will be applied to final auction price.
8- Participating in the auction means the absolute knowledge of the condition of item and is considered as acknowledgment of its condition and terms
9- Buyer is responsible to collect the asset won with in 5 days after approval. Failing to do so, Emirates Auction has the right to reauction the asset under the buyers name as per Emirates Auction Terms and Conditions and sale procedures. Asset and fine charge will be deducted from the new sale.
10 - The electronic devices which are offered for sale are used devices that are sold on their condition , and neither Emirates Auction nor the party for which they are sold for its interest guarantees the condition of the devices and whether these devices are valid to be used or not, or if they are compatible with the specifications.
11 - Emirates Auction Company and the party for which the electronic devices are being sold for its interest do not guarantee that the watches offered for sale comply with the specifications or whether they are original or not.