If you’ve never dipped your toes into the auction world before, get ready for an entirely new venture! Leave behind the exhaustive steps of scanning through ads, making endless calls, and traveling far distances only to be disappointed by unsatisfactory items. Purchasing with 101Bids is a quick, straightforward, user-friendly and rewarding experience.
Moreover, we’ll walk you through each step of the process, providing the support and advice you need to make a confident decision.
Explore the upcoming auctions at our 101Bids centre in Umm Ramool or visit our website at www.101bids.com.
Stay connected with us through our website/mobile app(under development) to browse through a variety of items including vehicles, general goods, and construction equipment.
Please note, all vehicles are sold in their existing condition, without any warranty.
Deposit:
An initial deposit of AED 1,000 is required for each intended purchase, which is refundable if no acquisition is finalized.
Deposits can be settled via online transfers, bank transfers, or by a manager’s cheque. Refunds are returned to the same card, typically taking around 7-15 working days to process, depending on your card issuing bank.
Payment:
The full payment must be completed within 48 hours of making a purchase. We accept only cash and bank drafts. Should a buyer fail to settle the full amount within the stipulated time, 101Bids will seize the deposited amount and the item will be re-listed for another auction.
Vehicle Transportation:
Upon making a purchase, it becomes the buyer’s responsibility to remove their vehicle from the 101Bids premises within 48 hours after completing the full payment.
101Bids holds the right to demand a higher deposit if a vehicle’s price surpasses AED 100,000 or if a buyer chooses to purchase multiple vehicles resulting in a total price exceeding AED 100,000.