Auction Information
- Each product has its own total number of bids.
e.g., Total Bids: 5000 - Each product bid starts with a fixed starting bid amount.
e.g., Ask Price: AED 1000 - No initial payment for the product is required during the bid.
- While the bid progresses, each product's total number of bids decreases, and the bid closes at zero.
e.g., Remaining Bids: 725 - The more a participant bids for a higher amount, the more opportunities they have to win the product.
- The customer who offers the highest bid amount wins the bid.
- If there are multiple participants with the same highest bid amount, the participant with the most bids wins.
- If there are multiple participants with the same highest bid amount and the most number of bids, the participant with the highest aggregate bid amount wins.
- If there are multiple participants with the same highest bid amount, the most number of bids, and the highest aggregate bid amount, the participant who made the highest bid first wins.
- If there is a tie among the participants, a random winner from the highest bidders will be selected.
- The auction winner will be selected and declared upon the closure of the auction.
- The auction winner will be intimated via email and phone (using the registered email and mobile number).
- The auction winner has to complete the payment of the product won (bid price) within 3 weeks from the intimation date, after logging in.
After signing in, click on your signed name from the Menu bar, select Awards, and proceed with the payment - The payment invoice will be sent by email and available online, once the payment is completed.
- The product will be shipped within 2 weeks to the bid winner free of cost, upon payment completion.
