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Dubai, UAE: Terms and Conditions

Before You Bid

Everything sold at Ritchie Bros. Auctioneers is sold via unreserved public auction – i.e. there are no minimum bids or reserve prices, and our auctions are open to anyone. Buyers place bids on items, and every item is sold to the highest bidder, regardless of the final price. When you’re ready to bid and buy, you can register and bid online in any live auction or bid via a variety of other convenient online options.

Registration and deposits

Registration to bid is free. You may be required to place a refundable bid deposit. Please be aware that you must present photo identification when you register at the auction site (e.g. identity card, passport or driver's license). Register for your free account here!

How do auctions work?

We conduct live auctions at physical auction sites, with Real-Time Online Bidding. We also sell via our online Timed Auctions – an automated system with no auctioneer. You can bid in person, online, via our mobile app or via PriorityBid.

The auctioneer (or Timed Auction system) will introduce each lot and ask for bids. If no one places a bid, the ask price is lowered. When a bid is placed, the auctioneer raises the ask price. Bidding continues until no more bids are placed, and the item is sold to the highest bidder. Learn more about how our auctions work.

Can I go see the equipment in person?

Yes, equipment is available for in-person inspections at our permanent auction sites and local storage yards. Viewing is available two weeks prior to the start of each auction. Please contact the site to make arrangements outside of this time and to confirm hours of operation. Viewing is only available on equipment that has been delivered to the site (check each individual item’s listing on our website, and under the “Detailed equipment information” tab, look for “In Yard – Yes/No”)

Equipment sold from a consignor’s property can also be viewed in person by arranging a time and date with the seller.

Buyer Fees

Review our buyer fees before bidding.

Payment and removal

Purchases must be paid in full within seven (7) days of the end of the auction. Buyers cannot remove their purchases from the auction site until their invoice is paid in full. Cash payments will not be accepted. Please only pay from the same Ritchie Bros. account under which you made the purchase.

If Ritchie Bros. can't convey clear title on a purchase, the buyer is entitled to a full refund of the purchase price. If Ritchie Bros. does not receive full payment within seven (7) days of the end of the auction, interest on overdue amounts will be paid by the buyer at a rate of 18% per annum or at such other maximum rate as allowed by law, together with any legal or collection costs incurred by Ritchie Bros. Auctioneers.

There are multiple ways to pay. See the payment options.

Read the Terms of Bidding and Sale

Every auction is subject to our Terms of Bidding and Sale. Please review them carefully prior to bidding.

Additional Notes

All transactions are in USD.

Jebel Ali Free Zone Authority Licence No. 1644

Customs Clearance

Please note that the Dubai auction site is in a Duty Free Zone. The point of sale is Ritchie Bros.' yard and Title in every instance will pass within the Free Zone. All items must be formally cleared. We recommend that you check at the auction site regarding procedures of clearing/moving your purchases. Buyers are responsible for clearing their purchases from the Jebel Ali Free Zone. Customs clearance must be received before any items may leave the yard. Freight forwarders are available on-site to assist in clearing items requiring customs clearance prior to removal.UAE Vehicle Export Certificates are charged per emirate. Duty is the buyer's responsibility. Ritchie Bros. does not provide nor prepare Safety Certificates, Certificates of Origin, etc.

Notice to Foreign Bidders

Some equipment may require modification to meet foreign import and safety regulations. To avoid potential problems, please contact your customs broker or authorities.

Note Regarding "GCC Duties Not Paid"

The auction is conducted in a Duty Free Zone. Certain items identified in the sale day catalogue, or otherwise announced at the auction, as "GCC DUTIES NOT PAID" have not been imported into the United Arab Emirates (UAE). It is purchaser's responsibility to satisfy requirements of any kind in respect of the importation of any items into the UAE or any other country. Such responsibility includes compliance with laws and regulations of the country including payment of taxes and duties, obtaining proper approvals and complying with any other requirements. Purchasers must engage their own customs broker. UAE duty will not apply to properly exported goods; however, non-UAE imported goods that are purchased for export will be subjected to a 15% deposit, which is refundable upon proof of export. Nominal documentation charges to the buyers are required for clearing equipment out of the Free Zone. Freight forwarders/customs brokers will be on site to provide this service.

Changes to Invoices

Names on invoices cannot be changed. Ritchie Bros. will issue all invoices and sales letters only in the name of the party registered.

Storage

Ritchie Bros. Auctioneers offer free storage for 30 days after the auction "Storage fees will be applicable after that".

Languages Spoken

The auction will be conducted in English only. Assistance may be provided in Arabic, English, Dutch, French, German, Spanish, Farsi, Urdu, Hindi, Turkish, Filipino and Polish.

VAT

VAT will be charged when applicable, according to local regulations.VAT Deposit will be charged when deemed necessary, according to local regulations


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