Registration to bid is free of charge, whether you are bidding in person, online or by proxy. You may be required to pay a refundable bid deposit.
- Depending on your bidding history, you may be required to place a refundable 25% bid deposit when you register to bid.
- If you have placed a deposit by credit card, the deposit amount will be applied to unpaid invoices immediately after auction. A 2.95% iClosing convenience fee applies to all credit card payments.
Bid Deposit Methods
- All payments must be made in United Arab Emirates Dirhams (AED) or United States dollars. Payments in U.S. dollars are subject to 0.75% UAE Central Bank charges.
- Cash payments will not be accepted. Please only pay from the same account from which you made the purchase.
- Each purchased Lot will be subject to a transaction fee of:
(a) 10% on all Lots selling for USD 12,000 or less, with a minimum fee of USD 100 per Lot or
(b) 4.85% on all Lots selling for over USD 12,000 up to USD 75,000 with a minimum fee of USD 1,200 per lot, or
(c) USD 3,638 on all Lots selling for over USD 75,000
- Lots must be paid in full within seven (7) days of the end of the auction.
- NOTE: Purchases cannot be removed from the auction site or collected until paid for in full. If paid for with non-certified funds, items will not be released until non-certified funds clear our bank. This policy will be strictly enforced.