Emirates Auction
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Replica of the first license plate of Abu Dhabi | |
| Subsidiary | |
| ISIN | 🆔 |
| Industry | Auctions |
| Founded 📆 | 2004 |
| Founder 👔 | Abdulla Al Mannaei |
| Headquarters 🏙️ | , , |
Area served 🗺️ | Worldwide |
Key people |
|
| Members | |
Number of employees | |
| Parent | Emirates Capital |
| 🌐 Website | emiratesauction |
| 📇 Address | |
| 📞 telephone | |
Emirates Auction LLC is an Emirati auction company headquartered in Dubai, United Arab Emirates offering Used cars[1][2], properties, time-sensitive items, machinery, and luxury goods, and other misc. items.
World Records[edit]
Since its founding in 2004, the company has broken several Guinness World Records by selling auctioned items for millions of dollars, Currently the company holds over 10 World Records and most recently, for the Most Expensive Car Number Plate “Dubai P7” [3] 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 as one of Sheikh Mohammed bin Rashid Al Maktoum's Global Initiatives.
Partnerships[edit]
With over two decades of experience[4], Emirates Auction is considered a leading company in the field of management and organization of public and online auctions in the Middle East through several strategic partnerships such as:
- Abu Dhabi Municipality[5]
- Dubai Police[6][7]
- Fujairah Foundation for Region Development[8]
- Fujairah Federal Court of First Instance[9]
- Etisalat by e&[10]
- Dubai Cares[11]
- Authority of Public Resources at Ras Al Khaimah[12][13]
- Dubai Club For People Of Determination[14]
- UAE Ministry of Justice[15]
- Dubai Courts[16]
- Emirates Red Crescent[17]
- Sharjah Police[18][19]
- Dubai Land Department[20]
- Tasjeel (ENOC vehicle testing firm)[21]
- ‘1 Billion Meals Endowment’ campaign[22]
Awards[edit]
- 24th August, 2016: UAE Excellence Award for Best Web Application[23]
- The ITP’s CEO Awards - Best CEO in Middle East in CSR[24]
Locations[edit]
The company has over 32 branches across the UAE[25], as well as offices in Bahrain[26], Egypt and the UK, with plans to expand to Saudi and Kuwaiti markets[27], 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 mobile application Emirates Auction. The company mentions on its website that it has sold over 360,000 lots.
Notable auctions[edit]
- 24 November, 2015: The most expensive headwear sold at auction is AED (United Arab Emirates) 24,050,000 ($ 6,545,950; £ 4,332,110) and was auctioned by Emirates Auction (UAE), at an event organized by Al Jalila Foundation, in Dubai, UAE, on 25 November 2015. The headwear was a helmet originally used by H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the United Arab Emirates, Prime Minister of UAE, and Ruler of Dubai.[28]
- 25 November, 2015: The most expensive saddle sold at auction is AED (United Arab Emirates) 2,400,000 ($ 653,234; £ 432,310) and was auctioned by Emirates Auction (UAE), at an event organized by Al Jalila Foundation, in Dubai, UAE. The saddle was originally used by the Crown Prince of Dubai H.H Hamdan bin Mohammed Al Maktoum.[29]
- 17 August, 2019: The Middle East’s first auction to sell a giant dinosaur skeleton at a starting value of AED14.6 million.[30]
- 15 January, 2020: Dubai Courts sold the most expensive property at an online auction through Emirates Auction for AED 700,200,000 (USD 190,623,988.44) in Dubai, UAE on 15 January 2020.
- 26 April, 2021: Organized in partnership with the Roads and Transport Authority (Dubai), Etisalat, and Emirates Auction, The Most Noble Numbers Charity auction Raises more than AED 50 million for 100 Million Meals[31][32]
- 09 May, 2023: The plate number “P-7” was bought for a whopping $14.97 million (AED 55 million, £12.04m) during an auction held at Four Seasons Hotel Jumeirah, was for charity and was held by Emirates Auction. Proceeds from the sale went to One Billion Meals, a campaign by the ruler of Dubai and Prime Minister of the UAE, Sheikh Mohammed bin Rashid Al Maktoum, to help vulnerable people around the world during the holy month of Ramadan. Multiple license plates were auctioned that night with others selling for between AED 140,000 ($38,000; £30,557) and AED 2,950,000 ($800,000; £643,885).[33][34]
External links[edit]
References[edit]
This article "Emirates Auction" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Emirates Auction. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
- ↑ Where to buy used cars. "Where to buy second-hand cars in Dubai".
- ↑ Car Auction Companies. "List of Best Car Auction Companies in UAE".
- ↑ Dubai vehicle plate sold for Dh55 million. "Dubai vehicle plate 7 sold for Dh55 million".
- ↑ Celebrating two decades of excellence. "Celebrating two decades of excellence, Emirates Auction marks another success with 77-vehicle auction".
- ↑ Abu Dhabi Municipality signs two agreements with Emirates Auction. "Abu Dhabi Municipality, Emirates Auction sign two agreements to handle the lease of investment assets and tow-away of abandoned vehicles".
- ↑ Dubai Police partners with Emirates Auction. "Dubai Police, Emirates Auction sign deal to provide assistance to light vehicles damaged in accidents".
- ↑ Dubai Police and Emirates Auction sign deal. "Dubai Police, Emirates Auction sign deal to provide assistance for broken-down vehicles".
- ↑ MoU signing. "Crown Prince of Fujairah H.H. Sheikh Mohammed bin Hamad Al Sharqi attends MoU signing between Fujairah Foundation for Region Development and Emirates Auction to foster community initiatives".
- ↑ Emirates Auction opens new branch. "Emirates Auction inaugurates new branch at Fujairah Federal Court of First Instance".
- ↑ Emirates Auction And Etisalat By e&,launch #TAG. "Emirates Auction And Etisalat By e&,launch #TAG: The First UAE Auction For A Short Mobile Phone Number".
- ↑ Emirates Auction partners with Dubai Cares. "Emirates Auction partners with Dubai Cares to support childrens access to quality education in developing countries".
- ↑ Emirates Auction partners with Ras Al Khaimah AoPR. "Authority of Public Resources at Ras Al Khaimah signs MoU with Emirates Auction".
- ↑ RAK distinct number plate auction. "RAK distinct number plate auction planned".
- ↑ Emirates Auction partners with Dubai Club For People Of Determination. "Dubai Club For People Of Determination and Emirates Auction sign a Memorandum of Understanding".
- ↑ MoJ Strategic Partners. "UAE Ministry of Justice Strategic Partners".
- ↑ Dubai Courts e-auction. "Another World Record: Dubai Courts e-auction sells most expensive property ever".
- ↑ Emirates Red Crescent and Emirates Auction sign agreement. "Emirates Red Crescent and Emirates Auction sign agreement to reinforce UAEs leadership in philanthropy through charity auctions".
- ↑ Sharjah Police and Emirates Auction launch a new online auction. "Sharjah Police and Emirates Auction launch a new online auction".
- ↑ Sharjah Police and Emirates Auction launch a new auction. "Sharjah Police launch online number plate auction".
- ↑ Dubai Land Department partners with Emirates Auction. "Dubai Land Department inks partnership agreement with Emirates Auction".
- ↑ Tasjeel signs partnership with Emirates Auction. "Tasjeel signs partnership with Emirates Auction".
- ↑ Emirates Auction announced as partner for the "1 Billion Meals Endowment" campaign. "Emirates Auction becomes strategic partner of '1 Billion Meals Endowment' campaign".
- ↑ Best CEO Award. "Emirates Auction wins UAE Excellence Award for Best Web Application".
- ↑ UAE Excellence Award. "Abdulla Matar Al Mannaei Wins the Award for Best CEO in Middle East in CSR Category".
- ↑ EA Branches. "Find an EA Branch".
- ↑ Emirates Auction in Bahrain. "Emirates Auction launches fourth company in Bahrain".
- ↑ Emirates Auction to expand. "Emirates Auction develops expansion plans, to enter Saudi, Kuwait markets".
- ↑ Helmet sells for $6.5m. "Dubai ruler's helmet sells for $6.5m at charity auction".
- ↑ The most expensive saddle. "What is the most expensive saddle in the world?".
- ↑ Dubai dinosaur auction. "Dubai to hold Mideast first dinosaur auction".
- ↑ More than AED 50 million Charity Auction. "The Most Noble Numbers Charity Auction Raises more than AED 50 million for 100 Million Meals".
- ↑ Special numbers auction. "Special numbers auction to support 100 million meals campaign".
- ↑ World’s most expensive license plate. "World's most expensive license plate sells for $15 million".
- ↑ Car registration number sold for jaw-dropping amount. "Car registration number sold at Dubai charity auction for jaw-dropping amount".
