User:Seoisreal12/Emirates Auction LLC

Emirates Auction LLC is an Emirati auction company headquartered in Dubai, United Arab Emirates. Emirates Auction conducts both physical auctions and online auctions on its own online platforms that auctions off cars, properties, time-sensitive items, machinery, and luxury goods. Established in 2004, the company has broken Guinness World Records by selling auctioned items for millions of dollars, and most recently, for the Most Expensive Car Number Plate “Dubai P7” which was sold for USD 15 million in the charity auction “1 Billion Meals Endowment” that was held in the holy month of Ramadan in 2023 by Emirates Auction as one of Mohammed bin Rashid Global Initiatives.

Emirates Auction was founded by Emirati Businessman Abdulla Matar Al Mannaei in 2004. The company has over 32 branches across the UAE, with approximately 1000 employees. Emirates Auction is a platform for both buyers and sellers to engage in online auctions, and provides its services through the application Emirates Auction. The company mentions on its website that it has sold over 22,000 lots.

Services:

Vehicles and Car Number Plates Auctions:

Emirates Auction LLC specializes in conducting auctions for vehicles, including automobiles, motorcycles, and commercial vehicles. These auctions often feature a wide range of vehicles, including new and used ones, making it one of the UAE based resources for buyers and sellers in the automotive industry.

Additionally, Emirates Auction provides special car number plates for Dubai, Abu Dhabi, Sharjah, Ajman, Ras Al Khaimah, Umm Al Quwain and Al Fujairah, in cooperation with each Emirates’ police department.

Real Estate Auctions

The company also conducts auctions for real estate properties, allowing individuals and businesses to buy and sell properties through their online platform. This service offers several methods for real estate transactions.

Luxury Goods Auctions

Emirates Auction LLC hosts auctions for luxury goods, such as high-end watches, jewelry, and fashion items. These auctions cater to individuals interested in acquiring luxury items.

Logistics:

Emirates Auction provides a shipping service to the GCC countries, where users from outside the UAE can participate in the online auctions and have their items shipped to their country. This service requires preparing export documents and paying fees to complete the process.

Notable Achievements

Emirates Auction LLC has achieved several notable milestones throughout its history through selling valuable items such as:

P-7 The Most Expensive Car License Plate (2023)

Auction Price: USD 15 million

The Most Expensive Real Property Sold at an Online Auction (2020)

Auction Price: USD 190.62 million

The Most Expensive Headwear Sold at Auction (2015)

Auction Price: USD 6.5 million

The Most Expensive Saddle Sold at Auction (2015)

Auction Price: USD 653,234